Other legal information
General legal information:
MainSky Asset Management AG and/or its suppliers make no representations about the suitability of the information contained in the documents and related graphics on this server for any particular purpose. All documents and related graphics are provided "as is" and without warranty of any kind. MainSky Asset Management AG and/or its suppliers hereby disclaim all warranties and conditions with regard to this information, including all implied warranties and conditions of merchantability, fitness for a particular purpose and non-infringement. In no event shall MainSky Asset Management AG and/or its suppliers be liable for any special or indirect damages, consequential damages or other damages resulting from loss of use, loss of data or lost profits – whether in the course of contractual use or through negligence or other tortious act – arising out of or in connection with the use of information available on this server. The documents and related graphics published on this server may contain technical inaccuracies or typographical errors. Changes are periodically made to the information. MainSky Asset Management AG and/or its suppliers reserve the right to make improvements and/or changes to the products and/or programs described herein at any time.
All rights not expressly granted herein are reserved.
Engagement policy pursuant to Section 134b AktG
MainSky Asset Management AG – hereinafter referred to as the “Institution” – is, by definition, an asset manager within the meaning of Section 134a (1) no. 2 of the German Stock Corporation Act (Aktiengesetz, AktG) and as such is subject to the provisions of Sections 134b and 134c AktG. It is therefore required to describe and publish its engagement policy within the meaning of Section 134b (1) AktG.
The Institution does not exercise any shareholder rights on behalf of its clients. It does not attend general meetings, does not exercise voting rights for clients, takes note of communications from stock corporations only in the form of mandatory notifications, and does not actively communicate with the company or with other shareholders.
The engagement policy has therefore been defined as follows:
- The Institution does not exercise any shareholder rights within the meaning of Section 134b (1) no. 1 AktG that are based on participation in the company. In particular, no rights relating to the general meetings of stock corporations are exercised. The right to a share of the profits within the meaning of Sections 60 et seq. AktG and subscription rights are exercised in consultation with the clients.
- Important matters of the companies within the meaning of Section 134b (1) no. 2 AktG are monitored by taking note of the companies' legally required reporting in financial reports and ad hoc announcements.
- No exchange of views with company bodies and/or stakeholders of the company within the meaning of Section 134b (1) no. 3 AktG takes place.
- No cooperation with other shareholders within the meaning of Section 134b (1) no. 4 AktG takes place.
- If conflicts of interest within the meaning of Section 134b (1) no. 5 AktG arise, they are disclosed to the parties concerned in accordance with the statutory provisions, and the further course of action is agreed with the parties concerned.
- No annual report on the implementation of the engagement policy within the meaning of Section 134b (2) AktG is prepared, as no corresponding rights are exercised.
- Voting behavior within the meaning of Section 134b (3) AktG is not published, as the Institution does not participate in votes.
Complaints management
The satisfaction of our investors, clients and prospective clients is our top priority. That is why it is important to us to give you the opportunity to voice criticism.
Complaints procedure
For this reason, MainSky Asset Management AG has set up a complaints management function that you can contact if you wish to make a complaint or voice criticism. You can send your complaint by post or by email to the following address, or to your respective client advisor:
Postal address:
MainSky Asset Management AG
Compliance Department
Grüneburgweg 58-62
60322 Frankfurt am Main
Germany
Email:
info[at]mainsky.de
We will then endeavor to resolve your concern in your interest as quickly as possible. If this is not possible within two weeks of receipt, you will receive an interim reply from us by letter or email.
Within four weeks of receipt, you will receive a final reply from us by letter or email. If this is not possible, we will inform you of the reasons and of our estimate of when the matter is expected to be resolved.
Ombudsman procedure
If your concern cannot be resolved, you may contact the arbitration board for the alternative resolution of pecuniary disputes arising from financial services contracts set up by the Verband unabhängiger Vermögensverwalter Deutschland e.V. (VuV, Association of Independent Asset Managers in Germany). We are a member of the VuV and, under its statutes, are obliged to participate in dispute resolution proceedings of the VuV Ombudsman Office (VuV-Ombudsstelle).
VuV-Ombudsstelle
Stresemannallee 30
60596 Frankfurt am Main
http://vuv-ombudsstelle.de/
Information on the top 5 execution venues
One of the changes introduced by MiFID II is the obligation of the Institution to publish on its website once a year, for each class of financial instruments, the top five execution venues in terms of trading volume where it executed client orders in the preceding year, and to summarize information on the quality of execution obtained (Section 82 (9) of the German Securities Trading Act, WpHG). As the Institution selects other investment firms to settle client transactions, in this case the five most important custodian banks (settlement banks) must be stated and information on the quality of execution obtained must be summarized in relation to these firms. Further information on this publication can be found in Delegated Regulation (EU) 2017/576.
Information on execution quality - 2022 (PDF, in German)
Information on the top 5 execution venues - 2022 (PDF, in German)