As you have expressed interest in investing in a non-advised portfolio, we require that you review and acknowledge this before proceeding to set up this Fund Smart Portfolio investment goal (and the plans therein) on your Endowus account.
By opting to create an investment goal under the Fund Smart Portfolio, you are no longer advised by Endowus and are making your own investment decisions on the Endowus platform. In doing so, you agree and understand that you are choosing to neither seek our advice nor to accept our recommendation(s) and that proceeding with the transaction(s) (including any future transactions) relating to this Fund Smart Portfolio investment goal (and any plans therein) is not our recommendation to you. In addition, you agree to provide the following declaration:
I hereby agree and confirm that:
I. I wish to set up this Fund Smart Portfolio investment goal (and the plans therein) and I do not wish to receive any advice or accept any advice concerning unlisted Specified Investment Products (SIPs) and/or any other investments and will rely on my own judgment with regards to this Fund Smart Portfolio investment goal, taking into account my own specific objectives, financial situation, investment experience, knowledge and particular needs;
II. I will accept full responsibility to ensure the suitability of my Fund Smart portfolio investment goal, the unlisted SIPs as well as all current and future investments within my Fund Smart portfolio investment goal(s). I understand that this means that:
- Endowus is not required to consider or assess the suitability of my Fund Smart Portfolio investment goal, any investments (including unlisted SIPs) and/or current and future transactions in view of my particular circumstances;
- Endowus will not advise me in relation to the retention or disposal of the investment(s) and/or the maintenance or termination of the transaction(s); and
- If I receive information or explanation of the terms of an investment or its performance characteristics from Endowus, this does not amount to advice on the merits of, or a recommendation in respect of, that particular investment or transaction.
III. I understand that if I proceed with any current or future investment or transactions under this Fund Smart portfolio investment goal, I will not be able to rely on Section 27 of the Financial Advisers Act 2001 or any other applicable statutory provisions to file a civil claim, and Endowus shall not be responsible or liable in the event that I suffer a loss in relation to this Fund Smart portfolio investment goal.