Information on this Site

The information on this website (“Information”) is issued by Arvella Investments (“the Company”). Arvella Investments is authorised and regulated by the Autorité des Marchés Financiers in France (GP-19000005). Arvella Investments is a société par actions simplifiée registered in France (RCS 834 216 350).

The information on this website is not directed at any person or entity. The Information and any communication distributed at or in connection with the website is intended for use by (i) persons who have professional experience in matters relating to investments (being "professional investors" within the meaning of Annex II to Directive 2004/39/EC of the European Parliament and of the Council of 21 April 2004 on Markets in Financial Instrument, or (ii) persons who are otherwise permitted by law to receive it (all such persons being "Relevant Persons"). Any investment or investment activity to which the Information relates is intended only to be used by Relevant Persons.

The Information is not intended for distribution or use in any jurisdiction or country where it is illegal or unlawful to access and use such information. The Information does not constitute investment advice and the Company denies all responsibility for consequences of acting upon the Information. The Company disclaims all responsibility if you access or download any Information in breach of any law or regulation of the country in which you reside.

Accuracy of Information

The information contained in this website is based on material that the Company believe to be reliable. Assumptions, estimates and opinions contained in this website constitute information we received from reliable sources and are subject to change without notice. Neither the Companies or any of their respective officers, directors, employees, agents, controlling persons or affiliates makes any representation or warranty, expressed or implied, as to the accuracy or completeness of the Information, and nothing contained herein is, or shall be relied upon as, a promise or representation, whether as to past or future facts or results. The market analysis, projections, targeted returns, estimates and similar information, including all statements of opinion and/or belief contained in this website (collectively, “forward-looking information”), are subject to inherent uncertainties, contingencies and qualifications and are based on several assumptions. Forward-looking information involves significant elements of subjective judgment and analysis that may or may not be accurate.

In particular, but without prejudice to the generality of the foregoing, any forecasts, opinions, estimates and projections contained in the website constitute the judgement of the Companies and are provided for illustrative purposes only. Such forecasts, opinions, estimates and projections involve known and unknown risks, uncertainties and other factors which may cause the actual results, performance or achievements to be materially different from any future results, performance or achievements expressed or implied by such forecasts, opinions, estimates and projections. Accordingly, no representation or warranty (express or implied) is or will be made or given in relation to, and (except in the case of wilful fraud) no responsibility or liability is or will be accepted by the Companies or any of its directors, officers, employees, agents or advisers in respect of, such forecasts, opinions, estimates and projections or their achievement or reasonableness. Professional Investors using the Information must determine for themselves the reliance (if any) that they should place on such forecasts, opinions, estimates and projections.

No Offer or Advice

Without limitation, this Information does not constitute a recommendation to enter into any proposed transaction or investment. You should not construe the contents of this Information as legal, tax, investment or other advice. By using the Information, you acknowledge that the Companies are not acting as your broker, financial advisor, in any other fiduciary capacity or otherwise as your advisor or agent with respect to transaction or investment.

The Information is provided for information purposes only, on the basis that you make your own investment decisions and do not rely upon it. The Company is not soliciting any action based on it and it does not constitute a personal recommendation or investment advice. The Information is not intended to constitute, and should not be construed as, investment advice and it is not provided in a fiduciary capacity.


You agree to indemnify, defend, and hold harmless the Company, its affiliates and licensors, and the officers, partners, employees, and agents of the Company and its affiliates and licensors, from and against any and all claims, liabilities, damages, losses, or expenses arising out of or in any way connected with your access to or use of this website and the Information.


To make a complaint about this site, please send a written complaint for the attention of the Compliance Officer at the registered address: 50 rue de Monceau, Paris 75008, France.

MSCI Data Provider

Certain information contained herein (the “Information”) is sourced from/copyright of MSCI Inc., MSCI ESG Research LLC, or their affiliates (“MSCI”), or information providers (together the “MSCI Parties”) and may have been used to calculate scores, signals, or other indicators. The Information is for internal use only and may not be reproduced or disseminated in whole or part without prior written permission. The Information may not be used for, nor does it constitute, an offer to buy or sell, or a promotion or recommendation of, any security, financial instrument or product, trading strategy, or index, nor should it be taken as an indication or guarantee of any future performance. Some funds may be based on or linked to MSCI indexes, and MSCI may be compensated based on the fund’s assets under management or other measures. MSCI has established an information barrier between index research and certain Information. None of the Information in and of itself can be used to determine which securities to buy or sell or when to buy or sell them. The Information is provided “as is” and the user assumes the entire risk of any use it may make or permit to be made of the Information. No MSCI Party warrants or guarantees the originality, accuracy and/or completeness of the Information and each expressly disclaims all express or implied warranties. No MSCI Party shall have any liability for any errors or omissions in connection with any Information herein, or any liability for any direct, indirect, special, punitive, consequential or any other damages (including lost profits) even if notified of the possibility of such damages.