Persons who access information published on the Sherpa Asset Management AG (Sherpa) website agree to the following conditions:

Statement of limited liability

The contents of this website have been drawn up with the greatest possible degree of care. However, the publisher does not guarantee the correctness, completeness and up-to-dateness of its contents. Use of the contents of the website is made at the user’s own risk. The contributions of authors whose names are given express the opinions of such authors and these are not necessarily always the opinion of the publisher. No contractual relationship between the user and the publisher is created just by making use of the publisher’s website.

Linking of the Sherpa website for public or commercial purposes is prohibited without the prior written consent of Sherpa.

This website contains external links to the websites of third parties. These websites are subject to the liability of the respective operator. The publisher has checked the third-party website contents at the time of making the first connection of the external links to ascertain whether there were any legal violations. At that time there were no legal violations that were apparent. The publisher has no influence over the current and future form and over the contents of the pages to which the link has been made. The establishing of external links does not signify that the publisher is adopting as its own the contents of such references or links. Exercising continuous checks of the external links is not reasonable for the publisher without having any concrete evidence of legal violations. Upon becoming aware of any legal violations, however, any external links of this nature will be immediately deleted.

Copyright and other intellectual property rights

This website contains texts, illustrations, logos, graphics, audio files, animations and videos that are the property of Sherpa or of companies connected to it and which are subject to the protection of the laws on intellectual property rights or to other protective laws. The use for commercial purposes of the contents of this website through any form of reproduction, diffusion and alteration is forbidden. We would advise in this respect that infringement of our copyright or other intellectual property rights can be subject to civil or criminal sanctions.


To improve readability, Sherpa doesn’t use the TM or (R) symbols for its own brands or for the brands of third parties in continuous text, images, or other illustrations on this site. However, Sherpa waives no rights to its own brands hereby, and unconditionally recognizes the rights of third parties regarding their respective brands.

Data protection

Information concerning the access (date, time, pages looked at) may be stored. This data is not personal data, but is anonymised and is subject to Swiss data protection laws. This information will be exclusively evaluated for statistical purposes. Any disclosure to third parties for commercial or non-commercial purposes shall not take place. The publisher expressly states in this respect that data transfer on the Internet does have security-related vulnerabilities and cannot be fully protected against access by third parties. Sherpa reserves the right to make changes to the privacy policy at any time.

Google Analytics

This website uses Google Analytics, a website analysis service of Google Inc. (Google). Google Analytics uses cookies (text files), which are stored on your computer and which enable you to analyse the usage of this website (including your IP address). The information that is produced on your use of this website (including your IP address) is transmitted to a Google server in the USA and stored there. Google will use this information in order to evaluate your use of the website in order to generate reports on the website activities for the website operators and, in order to render services related to the website, usage and Internet use. Google will also transmit this information if need be to third parties providing that this is legally prescribed or for third parties to process this information on behalf of Google. Google will in no case combine your IP address with other data of Google Inc. You can prevent the storage of cookies by making a corresponding adjustment of your browser software, but we would advise that in this case you may not be able to use all of the functions of this website to their full extent. You can, in addition, prevent the collection on Google of the data that is produced by the cookie and which relates to use of the website (including IP address) and prevent the processing of this data by Google by downloading and installing the browser-plug-in under the following link: tools.google.com/dlpage/gaoptout.

Sustainability-related disclosures

The Regulation (EU) 2019/2088 of the European Parliament and of the Council of 27 November 2019 on sustainability‐related disclosures in the financial services sector, as amended (“SFDR”), which is part of a broader legislative package under the European Commission’s Sustainable Action Plan, entered into force on 10 March 2021.

Sustainability risks

Sustainability risks mean an environmental, social, or governance (“ESG”) event or condition that, if it occurs, could potentially or actually cause a material negative impact on the value of an investment. Sustainability risks can either represent a risk of their own or have an impact on other risks and may contribute significantly to risks, such as market risks, operational risks, liquidity risks or counterparty risks. Sustainability risks may have an impact on long-term risk adjusted returns for investors. Assessment of sustainability risks is complex and may be based on environmental, social, or governance data which is difficult to obtain and incomplete, estimated, out of date or otherwise materially inaccurate. Even when identified, there can be no guarantee that these data will be correctly assessed.

Consequent impacts to the occurrence of sustainability risks can be many and varied according to a specific risk, region or asset class. Generally, when sustainability risk occurs for an asset, there will be a negative impact and potentially a total loss of its value and therefore an impact on the net asset value of the concerned investment fund.

Sherpa Asset Management AG, acting as non-EU alternative investment fund manager and investment manager of investment funds, Global Returns Fund and Diversified Opportunities Fund, does not deem sustainability risks relevant for the investment funds it manages for the following reasons:

Sustainability risks are not a core part of Sherpa Asset Management AG’s investment strategy and are currently not expected to have a material impact on the returns made in the investment funds given the portfolio diversification and the types of investments. These relate to liquid investments (Global Returns Fund) as well as to Entrepreneurs Advisor investments and direct investments (Diversified Opportunities Fund), in the latter, we seek a highly differentiated sourcing and value creation strategy on top of demonstrated top quartile track records, in which we establish a partnering relationship with the counterparties including LPAC memberships.

Sherpa Asset Management AG does not currently consider principal adverse impacts from investment decisions on sustainability factors as the investments of the underlying funds do not take into account the EU criteria for environmentally sustainable economic activities. The investment strategies do not include sustainable investing as a core investment guideline.

Applicable law

This data protection declaration is subject to Swiss law and is to be interpreted in accordance with Swiss law. You will be obliged to make any disputes arising from your use of this website exclusively subject to the jurisdiction of the laws of Switzerland.