An advisor fee of 1% is paid for professional advisory services on your investment.
Any taxes associated with the purchase of exchange-traded funds will be transferred to the fund holders. deVere Investment Ltd retains the right to withhold applicable taxes related to purchase instructions prior to completing any purchase.
deVere Investment’s execution-only investment application “App” is a trading brand of deVere Investment Limited “deVere”.
deVere is licensed and regulated in Mauritius by the Mauritius Financial Services Commission with the registered office address as The Catalyst building, Lot 40, Office 102, Ebene Cybercity, Mauritius.
You must be at least 18 years of age to procure these services with deVere Investment Ltd.
As a condition to your use of the App, you represent and warrant to, and agree with deVere that, all of the information that you provide is truthful, accurate and complete.
In accordance with the provisions of the Data Protection Act 2017 (Mauritius) and the General Data Protection Regulation (GDPR) (EU), we emphasize our commitment to the protection of your personal information and privacy. Your interaction with the App may lead us to collect and process personal information acquired when you access and utilize the App. This information will be used to maintain and enhance our relationship with you, prevent fraud, manage debt collection, and enhance our customer services and product offerings.
To achieve these objectives, we may share this information with other entities within the deVere Group of Companies or authorized agents, as permitted by applicable laws. These entities may employ your data for similar purposes, and they might also share relevant information they hold about you with us, following the same principles. It is important to note that we will only disclose such information outside the deVere Group of Companies if required by law, governmental or judicial bodies, regulatory authorities, or with your explicit consent, except for instances of fraud prevention where necessary.
deVere shall have no liability, contingent or otherwise, to you or to third parties, or any responsibility whatsoever for the failure of any connection or communication service to provide or maintain your access to this service, or for any interruption or disruption of such access or any erroneous communication between deVere and you regardless of whether the connection or communication service is provided by deVere or a third-party service provider.
deVere shall have no liability, contingent or otherwise, to you or to third parties, for the correctness, quality ,accuracy, timeliness, reliability, performance, continued availability, completeness or delays, omissions, or interruptions in the delivery of the data and services available on this App or for any other aspect of the performance of this service or for any failure or delay in the execution of any transactions through this service.
In no event will deVere be liable for any special, indirect, incidental, or consequential damages which may be incurred or experienced on account of you using the data or services made available on this App, even if deVere has been advised of the possibility of such damages. deVere will have no responsibility to inform you of any difficulties experienced by deVere or third parties with respect to the use of the services or to take any action in connection therewith.
0.2% per annum custody fee
3% per trade on Stocks, ETFs and Funds
Zero Trade Fee for Note purchase
Zero Trade Fee and 4% Initial Charges on dVAM Funds
If the name of the beneficiary is not correctly written, the funds will be returned to the clients’ account with the charge borne by the client himself.
The client is advised to check the beneficiary bank account details always appearing on the app before initiating any transfer of funds to deVere to load funds in the clients account for investment. Bank details may change and be updated on the app. deVere will not be responsible for the delays or returns of funds that may occur on account of missing details, wrong beneficiary details, wrong IBAN/bank account details or missing transaction reference number in wire transfer instructions. You as the client represent and warrant that you are the lawful owner of the bank account attached to any payment method notified by you.
The App does not provide all information material to an investor’s decision to transact in any such fund, including, but not limited to, risk factors.
The App is not intended as and does not constitute investment advice or legal or tax advice or an offer to sell any securities to any person or a solicitation of any person of any offer to purchase any securities. The information in the App should not be construed as any endorsement, recommendation or sponsorship of any company or security. There are inherent risks in relying on, using or retrieving any information found on the App, and deVere urges you to make sure you understand these risks before any execution. You agree that deVere is not liable for any action you take or decision you make on the App.
The Client warrants, represents and agrees that he/she is solely responsible for any execution (buying/selling)being made through the App. Past performance may not be indicative of future results; therefore, no current or prospective client should assume that the future performance of any specific execution (buy/sell), will be profitable or equal to the client investment portfolio. Different types of execution involve varying degrees of risk and there can be no assurance that any specific investment will either be suitable or profitable for a client’s investment portfolio. deVere will not be responsible of the outcome of any execution made by the client through the App.
References to any publication or any other company in the App are for reference and informational purposes only and are not intended to suggest that any of such companies endorse, recommend or approve of the services, analysis or recommendations of deVere or that deVere endorses, recommends or approves the services or products of such companies. News stories reflect only the author’s opinion and not necessarily that of the deVere.
You might find links to third party websites on our website. These websites should have their own privacy policies which you should check. We do not accept any responsibility or liability for their policies whatsoever as we have no control over them.
deVere reserves the right to modify or terminate the App and/or to terminate your access to the App, without notice at any time and for any reason.
The Client can close their App account at any time by instructing deVere to withdraw all assets or transfer holdings to another platform provider. When such a request for closure is received, deVere will apply any fees due on the account prior to transferring the assets to the account nominated by the Client. Unless instructed otherwise, transfers will be made as cash.
Unless otherwise specified, deVere controls and operates the App from its offices within Mauritius.
Use of the App is unauthorised in any jurisdiction that does not give effect to all provisions of these terms and conditions, including and without limitation this paragraph.
You agree to be bound by any agreement or consent you transmit to or through the App via any media or electronic device, including internet, telephone and wireless devices. You agree that when you click on any “I Agree” or “I Consent” or other similarly worded “button” or entry field with your mouse, keystroke or other device, your agreement shall be legally binding and enforceable and a legal equivalent of your handwritten signature.
This Policy is subject to modifications. Please check the “Last Modified” heading at the bottom of this text to see when this Policy was last updated. Any changes to this Policy will become effective when we post the revised Policy on this App and/or the website. Your use of the App and/or website following any changes means that you accept the updated Policy.
Last updated on December 2023