Disclaimer

Saxo Bank Asset Management managed strategies (Saxo Bank FX Strategy & Saxo Bank Macro Strategy) are in constant development. New strategies are being tested from time to time and market conditions may occasionally not appear to be suitable for the strategies applied earlier. This may lead to changes in timeframes applied, the size of exposure, the selected markets and instruments and any other aspect of the strategies. In these pages we have described some of the strategies that are or have been applied to trading in the past, but it should be understood and accepted that fund managers are free to adjust their trading strategies at any time. Furthermore, the right is reserved to deviate from strategies, to refrain from following signals or to open or close positions based on entirely different signals or as a result of an entirely different strategy from those applied in the past.

You should therefore be aware that any description given is only an indication of some of the principles and strategies applied and that no guarantees of performance or application of any specific strategy are given - except that your losses cannot exceed the invested amount and any profits accrued. Investment in Saxo Bank Asset Management managed strategies are accepted only if you fully agree to accept the right to implement any change in strategy an asset manager may decide, at his sole discretion without prior notice, whether or not such a change of strategy subsequently proves detrimental to your investments. Saxo Bank reserves the right to change the Asset Management team involved in the management of the fund without prior notice.