Compliance

At J. Zechner Associates Inc. our staff, including the partners, are held to the highest level of professional integrity. A no exceptions restriction on personal investing is monitored vigilantly by our compliance committee. As well, J. Zechner Associates Inc. is audited on an annual basis by an independent accounting firm. We ensure that all portfolios comply with their respective mandates. Our compliance process operates on several different levels to maximize consistency and accountability to our clients.

On a basic level, our portfolio administrators make sure all client accounts – including specific customer constraints – are operating on our computerized system. Our portfolio accounting system tracks client-induced constraints by sector or security.

In addition, a manual template is constructed for each account. On a daily basis, the portfolio managers go through each client portfolio and compare them to the consolidated matrix report to ensure consistency.

Finally, our partners conduct a review on a daily basis to match each client portfolio with the policy mandate.

Trade Matching Statement

The following Trade Matching Statement is being provided in accordance with National Instrument 24-101 – Institutional Trade Matching and Settlement and Companion Policy 24-101CP. It applies to all trades that are subject to National Instrument:

J. Zechner Associates Inc. confirms that we have established, maintain, and enforce policies and procedures designed to achieve matching in accordance with the National Instrument.

Disclaimer

1. ACCEPTANCE OF OUR TERMS

By visiting the website jzechner.com, viewing, accessing or otherwise using any of the services or information created, collected, compiled or submitted to jzechner.com, you agree to be bound by the following Terms and Conditions of Service. If you do not want to be bound by our Terms your only option is not to visit, view or otherwise use the services of jzechner.com. You understand, agree and acknowledge that these Terms constitute a legally binding agreement between you and J Zechner Associates Inc. and that your use of jzechner.com shall indicate your conclusive acceptance of this agreement.

2. PROVISION OF SERVICES

You agree and acknowledge that J Zechner Associates Inc. is entitled to modify, improve or discontinue any of its services at its sole discretion and without notice to you even if it may result in you being prevented from accessing any information contained in it. Furthermore, you agree and acknowledge that J Zechner Associates Inc. is entitled to provide services to you through subsidiaries or affiliated entities.

3. PROPRIETARY RIGHTS

You acknowledge and agree that jzechner.com may contain proprietary and confidential information including trademarks, service marks and patents protected by intellectual property laws and international intellectual property treaties. J Zechner Associates Inc. authorizes you to view and make a single copy of portions of its content for offline, personal, non-commercial use. Our content may not be sold, reproduced, or distributed without our written permission. Any third-party trademarks, service marks and logos are the property of their respective owners. Any further rights not specifically granted herein are reserved.

4. TERMINATION OF AGREEMENT

The Terms of this agreement will continue to apply in perpetuity until terminated by either party without notice at any time for any reason. Terms that are to continue in perpetuity shall be unaffected by the termination of this agreement.

5. DISCLAIMER OF WARRANTIES

I. You understand and agree that your use of jzechner.com is entirely at your own risk and that our services are provided “As Is” and “As Available”. J Zechner Associates Inc. does not make any express or implied warranties, endorsements or representations whatsoever as to the operation of the jzechner.com website, information, content, materials, or products. This shall include, but not be limited to, implied warranties of merchantability and fitness for a particular purpose and non-infringement, and warranties that access to or use of the service will be uninterrupted or error-free or that defects in the service will be corrected.

II. You understand and agree that jzechner.com is for information purposes only. The jzechner.com website does not constitute a complete description of our investment services or performance. This website is in no way a solicitation or an offer to sell securities. Information throughout this site, whether performance data, charts, or any other statement or statements regarding market or other financial information, is obtained from sources which we believe to be reliable.
Although every effort has been made to ensure that the material contained herein is accurate, J Zechner Associates Inc. does not guarantee its accuracy or completeness. As such, J Zechner Associates Inc. does not accept responsibility for any loss arising from the use of, or reliance on, the information contained herein. Performance data assumes reinvestment of all interest, dividends and capital gains, and do not take into account sales, redemption, distribution or optional charges or income taxes payable by an investor.

6. LIMITATION OF LIABILITY

You understand and agree that J Zechner Associates Inc. and any of its subsidiaries or affiliates shall in no event be liable for any direct, indirect, incidental, consequential, or exemplary damages. This shall include, but not be limited to damages for loss of profits, business interruption, business reputation or goodwill, loss of programs or information or other intangible loss arising out of the use of or the inability to use the service, or information, or any permanent or temporary cessation of such service or access to information, or the deletion or corruption of any content or information, or the failure to store any content or information. The above limitation shall apply whether or not J Zechner Associates Inc. has been advised of or should have been aware of the possibility of such damages. In jurisdictions where the exclusion or limitation of liability for consequential or incidental damages is not allowed the liability of J Zechner Associates Inc. is limited to the greatest extent permitted by law.

7. EXTERNAL CONTENT

The jzechner.com website may include hyperlinks to third-party content, advertising or websites. You acknowledge and agree that J Zechner Associates Inc. is not responsible for and does not endorse any advertising, products or resource available from such resources or websites.

8. JURISDICTION

You expressly understand and agree to submit to the personal and exclusive jurisdiction of the courts of the country, state, province or territory determined solely by J Zechner Associates Inc. to resolve any legal matter arising from this agreement or related to your use of jzechner.com. If the court of law having jurisdiction, rules that any provision of the agreement is invalid, then that provision will be removed from the Terms and the remaining Terms will continue to be valid.

9. ENTIRE AGREEMENT

You understand and agree that the above Terms constitute the entire general agreement between you and J Zechner Associates Inc.. You may be subject to additional Terms and conditions when you use, purchase or access other services, affiliate services or third-party content or material.

10. CHANGES TO THE TERMS

J Zechner Associates Inc. reserves the right to modify these Terms from time to time at our sole discretion and without any notice. Changes to our Terms become effective on the date they are posted and your continued use of jzechner.com after any changes to Terms will signify your agreement to be bound by them.