Last updated: 21.03.2024
This Client Agreement (“Agreement”) is entered into between AI Fincap Group Inc (“we,” “our,” or “us”) and the undersigned client (“Client,” “you,” or “your”). By reading this Agreement or using our services, you agree to be bound by the terms and conditions set forth herein. This Agreement governs the terms of the relationship between you and AI Fincap Group Inc, including the services we provide, fees, and your responsibilities.
Services Provided
We provide investment management, trade execution, corporate finance advisory, risk management, and related financial services as detailed below:
- Investment Management: We offer comprehensive investment management services, including customised portfolios and discretionary investment management.
- Trade Execution: Execution of buy and sell orders for financial instruments such as stocks and shares, bonds, and diversified funds.
- Corporate Finance: Advisory services on mergers and acquisitions, capital raising, and strategic financial planning.
- Risk Management: Implementation of risk mitigation strategies to protect and grow your wealth.
Client Responsibilities
As our client, you agree to the following responsibilities:
- Accurate Information: You will provide complete, accurate, and up-to-date information about your financial situation, investment objectives, and risk tolerance.
- Communication: You agree to promptly inform AI Fincap Group Inc of any changes in your financial situation or investment goals that may affect the management of your account.
- Investment Decisions: You understand and acknowledge that while we provide recommendations and manage your portfolio based on your objectives, the final decision regarding any investments or transactions remains with you, the client.
- Authorisation: By signing this Agreement, you grant AI Fincap Group Inc the authority to act on your behalf to execute transactions as necessary to manage your account and provide the agreed-upon services.
Broker/Client Confidentiality
To protect Broker/Client confidentiality we do not permit use of, or contact via, web based social networking or web based media chat sites, to any of its employees by their clients. These include, but not limited to; LinkedIn, Facebook, Twitter, Google+, Skype, WhatsApp, MSN, MySpace and Yahoo.
Fees and Charges
Fees for the services provided will be outlined separately in the Transactions & Fees provided to you at the time of engagement. The fees may include, but are not limited to:
- Transaction Fees: Any fees associated with executing trades on your behalf.
- Advisory Fees: If applicable, for corporate finance or other advisory services.
- Other Charges: Additional costs related to specific services, such as fund management fees, third-party costs, etc.
You authorise AI Fincap Group Inc to deduct fees directly from your account, as specified in the Transactions & Fees. Fees may be subject to change, and you will be notified of any modifications.
Convenience with client protection:
Dependent on the relevant trading exchange, celerity and locality of the client, payments for shares are usually settled either directly with Monocom Markets or through the relevant secure registered Transfer Agent. Transfer Agents function as a secure currency transfer facility between client and broker. In addition to transferring funds for the purchase or sale of shares, they may also be responsible for the safe and secure issuing and redeeming of certificates.
Exchange Rate
Where currency conversion is necessary to affect the purchase or sale of security, Monocom Markets will not charge for currency conversion, which will be at bank base rate on date of execution and time of issue.
Recording
We may (but not obligated to) record communications between us and the Client. The Client consents such recordings by us may be used as evidence of the contents of the communications if pertinent in any dispute.
Investment Risk
You acknowledge and understand that investments carry inherent risks, including the potential loss of principal. While AI Fincap Group Inc uses its expertise and due diligence to make informed investment decisions, there are no guarantees regarding investment returns. Performance can fluctuate, and past performance is not indicative of future results.
Trade Execution
You agree that all trades and transactions will be executed by AI Fincap Group Inc or third-party providers authorised by us. We will make reasonable efforts to ensure that your orders are executed promptly, accurately, and at competitive prices, though we cannot guarantee the timing or execution prices.
Confidentiality
We are committed to maintaining the confidentiality of your personal and financial information. We will not disclose your information to third parties without your consent, except as required by law or regulatory authorities. For more details, please refer to our Privacy Policy.
Conflict of Interest
While AI Fincap Group Inc strives to act in your best interests, potential conflicts of interest may arise due to the nature of the financial markets and relationships with third-party service providers. We are committed to disclosing any material conflicts of interest promptly and taking steps to mitigate them in the best interests of our clients.
Termination of Agreement
Either party may terminate this Agreement at any time with written notice. Upon termination, any outstanding fees will be due and payable, and we will facilitate the transfer of your assets as instructed by you. Termination will not affect the validity of any prior actions taken or obligations accrued during the term of the Agreement.
Indemnification
You agree to indemnify, defend, and hold harmless AI Fincap Group Inc , its officers, employees, and agents, from any claims, losses, damages, or expenses (including legal fees) arising from your use of the services, your breach of this Agreement, or your failure to comply with applicable laws and regulations.
Limitation of Liability
To the fullest extent permitted by law, AI Fincap Group Inc is not liable for any indirect, incidental, special, or consequential damages arising from your use of our services. Our liability is limited to the amount of fees you have paid for the specific services in question.
Amendments to the Agreement
We may update or amend this Agreement from time to time. You will be notified of any significant changes, and continued use of our services after such changes constitutes your acceptance of the updated Agreement.
Governing Law
This Agreement is governed by the laws of Australia. Any disputes arising from or related to this Agreement shall be resolved in the appropriate courts in Dubai, UAE.
Miscellaneous
- Severability: If any provision of this Agreement is found to be invalid or unenforceable, the remaining provisions shall remain in full force and effect.
- Entire Agreement: This Agreement, along with any other documents or schedules incorporated by reference, constitutes the entire agreement between you and AI Fincap Group Inc with respect to the services provided.
Client Acknowledgment
By reading, you acknowledge that you have read, understood, and agreed to the terms and conditions of this Agreement and our services.