Here you will find information on regulatory measures:
Estably Vermögensverwaltung AG (hereinafter referred to as the “Company”) falls under the definition of “asset manager” pursuant to Art. 367a No. 3 of the Liechtenstein Persons and Companies Act (PGR) and must therefore describe its engagement policy in accordance with Art. 367h PGR.
The Company does not exercise shareholder rights within the meaning of Art. 367h para. 1 No. 1 and 4 PGR, which are based on participation in the companies in which the Company has invested within the scope of asset management mandates. In particular, no rights relating to the general meetings of public limited companies are exercised. The right to a share in profits and subscription rights are exercised in consultation with clients.
The monitoring of important company matters within the meaning of Art. 367h para. 1 No. 2 PGR is carried out by taking note of the legally mandated reporting of the companies in financial reports and ad hoc announcements.
No exchange of views with the company bodies and stakeholders of the companies within the meaning of Art. 367h para. 1 No. 3 PGR takes place.
No cooperation with other shareholders or other stakeholders within the meaning of Art. 367h para. 1 No. 5 and 6 PGR takes place.
In the event of conflicts of interest within the meaning of Art. 367h para. 1 No. 7 PGR, disclosure is made to the affected parties in accordance with legal provisions, and further action is clarified with them.
An annual publication on the implementation of the engagement policy within the meaning of Art. 367h para. 2 PGR does not take place because no corresponding exercise of rights occurs.
A publication of voting behavior within the meaning of Art. 367h para. 2 PGR does not take place because no participation in votes occurs.
As of: December 2022
You have chosen a service from Estably Vermögensverwaltung AG. We thank you for your trust.
Since it is very important to us that you are satisfied with our service, please inform us immediately if you should ever be dissatisfied with our service.
Please use the following form for a complaint:
Please send us this form by email, fax, or mail to:
Estably Vermögensverwaltung AG
Attn: Management/Compliance
P.O. Box 765
Schaanerstrasse 29
9490 Vaduz
Liechtenstein
Tel +423 220 29 70
Email [email protected]
Your complaint will be registered by our Compliance department and reported to management. Your complaint will be reviewed promptly, and you will receive a written response within 20 business days.
The out-of-court conciliation body in the financial services sector at www.schlichtungsstelle.li is also available to you as a neutral and free mediation service for complaints.
Asset Management:
Asset Management Document Set1. General
This document contains the legally required disclosures of Estably Vermögensverwaltung AG (Estably) pursuant to Regulation (EU) 2019/2088 (SFDR) and, where applicable, pursuant to Regulation (EU) 2020/852 (Taxonomy Regulation).
Estably is an asset management company domiciled in Liechtenstein and licensed by the Financial Market Authority Liechtenstein. In the course of its activities, Estably provides asset management services to clients.
Estably offers various asset management strategies. These generally pursue a long-term investment horizon and can, depending on their design, be based on the principles of modern value investing, carefully selected funds, and tangible assets such as physical gold and silver. Where necessary, a distinction is made between the different offerings in the following explanations.
Estably generally classifies the asset management services offered as financial products under Article 6 SFDR. Estably currently does not promote ecological or social characteristics within the meaning of Article 8 SFDR and does not pursue sustainable investment objectives within the meaning of Article 9 SFDR.
This document is provided to interested parties as pre-contractual information during the contract initiation process. As the content of this document may be adjusted from time to time, particularly to meet legal or supervisory requirements, the current version is authoritative. This can be accessed via Estably's website.
2. Handling of Sustainability Risks (Art. 3 SFDR)
Sustainability risks are events or conditions from the environmental, social, and governance (ESG) areas, the occurrence of which can actually or potentially have significant negative effects on the value of investments. Sustainability risks can affect all known types of risk, such as general price risk, operational risk, liquidity risk, or currency risk, and contribute to the materiality of these risks.
Estably considers sustainability risks only insofar as they may appear financially material within the scope of the general risk analysis. An independent sustainability or ESG strategy is not currently pursued; a systematic or conclusive assessment of all ESG factors is not carried out.
Due to the data situation and the different methodologies on the market, it cannot be ruled out that sustainability risks are not fully identified. Sustainability risks can negatively affect the performance of investments.
3. Statement on the Non-Consideration of Adverse Impacts on Sustainability Factors (Art. 4 SFDR)
Estably currently does not consider adverse impacts of investment decisions on sustainability factors (Principal Adverse Impacts, PAI) within the meaning of Article 4 SFDR.
This decision is based in particular on the limited availability and comparability of relevant data, the heterogeneous data quality among different issuers and asset classes, and the scope and nature of the asset management services provided by Estably.
Estably regularly reviews this decision and reserves the right to adapt its approach in the event of changes in data or legal circumstances.
4. Transparency of the Remuneration Policy in Connection with the Consideration of Sustainability Risks
Estably's remuneration policy is designed to support sound and effective risk management. Insofar as sustainability risks are considered financially material within the general risk analysis, the remuneration policy is consistent with the consideration of such risks.
The remuneration policy does not create incentives to ignore sustainability risks or to take on inappropriately high risks. Details of the remuneration policy can be found in the relevant internal regulations.
5. Product-Related Disclosure for Asset Management (Article 6 SFDR)
The asset management services provided by Estably are classified as financial products according to Article 6 SFDR. Investment decisions are primarily based on classic financial criteria such as risk and return, liquidity, diversification, quality, valuation, and suitability for the respective strategy.
Sustainability risks, insofar as they are identified as financially material, can be incorporated into the general risk and opportunity assessment. However, Estably does not pursue a sustainable investment strategy with these services and does not promote ecological or social characteristics. It should be noted that sustainability risks can negatively affect the value of an investment.
6. Taxonomy Regulation (EU) 2020/852 – Note for Article 6 Products
Since Estably does not offer or promote financial products that promote ecological or social characteristics (Article 8 SFDR) or aim for sustainable investments (Article 9 SFDR), the taxonomy-related product disclosure requirements under Article 5 or Article 6 of the Taxonomy Regulation are not applicable.
For Article 6 financial products, the following note applies in accordance with Article 7 of the Taxonomy Regulation:
The investments underlying this financial product do not consider the EU criteria for environmentally sustainable economic activities.
7. Update
This disclosure will be updated as needed and in the event of significant regulatory changes.
As of: 08/06/2026
