Disclaimers & Legal Information

The information contained in this website is for Canadian residents only and does not constitute an offer to sell or represent a solicitation in any foreign jurisdiction, or in any Canadian jurisdiction where Karl Schempp is not licensed to effect sales. The information on this website has been prepared by Karl Schempp, and does not necessarily reflect the opinion of Industrial Alliance Securities Inc. The information in this website comes from sources we believe are reliable, but we cannot guarantee its accuracy or reliability. Any opinions expressed are based on an analysis and interpretation dating from the type of publication, and are subject to change. Furthermore, they do not constitute an offer or solicitation to buy or sell any securities that may be mentioned. The information contained herein may not apply to all types of investors. Karl Schempp can open accounts only in the province for which he is registered.

iA Securities is a trademark and business name under which Industrial Alliance Securities Inc. operates.


The content and information on this website are provided "as is" and Karl Schempp makes no warranties, expressed or implied and disclaims and negates all other warranties, including without limitation, implied warranties or conditions of merchantability, fitness for a particular purpose, or non infringement of intellectual property or other violation of rights. Karl Schempp does not warrant or make any representations concerning the accuracy, completeness or reliability of the content or information of this website or otherwise relating to any content or information on any websites linked to this website. Facts and information provided on this website are believed to be accurate at the time they are posted, however Karl Schempp disclaims any and all liability for any failure to update any content or information on this website. This website is property of Karl Schempp and any information prepared by Karl Schempp, Senior Investment Advisor for Industrial Alliance Securities Inc. (''IAS'') may not be endorsed by IAS. Any opinions expressed within this website are based on an analysis and an interpretation, and must not be interpreted as a request to purchase or sell any mentioned securities. The information contained in this website may not be suitable to all types of investors. This website could include inaccuracies, typographical errors, or out of date information and changes may be made at any time to the information on this website without prior notice. YOU ARE ADVISED TO USE THIS WEBSITE AT YOUR OWN RISK.

Limitation of Liability

Karl Schempp will not under any circumstances be liable to you for any loss of use, loss of production, loss of profits (anticipated or otherwise), loss of markets, economic loss, special, indirect or consequential loss or damage or punitive damages, whether in contract, tort, or under other theory or law or equity, and regardless of any negligence by Karl Schempp or anyone for whom it is responsible, and notwithstanding that Karl Schempp may have been advised of the possibility of such loss or damages being incurred by you. In no event will Karl Schempp's maximum liability to you for all claims proceedings, liabilities, obligations or costs, whether in contract, tort or under any other theory of law or equity, and regardless of any negligence by Karl Schempp or anyone for whom it is responsible, exceed the greater of the amount, if any, paid by you to Karl Schempp for the use of this website or $10.00.

Limitations on Products and Services

The content and information on this website is for informational purposes only and is not intended to provide financial, legal, accounting or tax advice and should not be relied solely upon in that regard. Many factors unknown to Karl Schempp may affect the applicability of any statement or comment that we make on this website to your particular circumstances. You should consult directly with Karl Schempp before acting on any information on this website.

All investors should seek financial advice regarding the appropriateness of investing in any securities or investment strategies discussed or recommended on this website. All products and services of Karl Schempp are offered for sale subject to the terms of the applicable agreements. Karl Schempp WILL NOT ACCEPT BUY OR SELL ORDERS, OR ACCEPT INSTRUCTIONS REGARDING ANY ACCOUNT OF THE USER, THROUGH THIS WEBSITE OR E MAIL. Karl Schempp IS NOT RESPONSIBLE FOR THE EXECUTION OF ORDERS OR INSTRUCTIONS PLACED THIS WAY. Please consult Karl Schempp for complete and up to date information on products and services.

Disclosure Statement

Karl Schempp may at times have a long or short position in the securities mentioned in this website and may make purchases and/or sales of such securities from time to time.


Absent the use of encryption, the Internet is not a secure medium and privacy cannot be ensured. Internet e-mail is vulnerable to interception and forging. Karl Schempp cannot ensure the privacy and authenticity of any information or instructions you send to us or that we send to you over the Internet. Karl Schempp will not be responsible for any damages you may incur if you communicate confidential information to us over the Internet or if we communicate such information to you at your request.

Use of Links

When you click on any of the links within this website, you may or may not be leaving the Karl Schempp website. The ability to link to other Internet sites and resources is provided by Karl Schempp strictly as a service to those accessing this website. The inclusion of the links in this website does not constitute an endorsement. Since Karl Schempp is not responsible for the availability or accuracy of these outside resources or their contents, interested parties should direct any concerns regarding an external link to its site administrator.

Linking and Framing this Website

You may not create links to this website without the express written permission of Karl Schempp. To request permission to link to this website, contact karl.schempp@karlschempp.com. Karl Schempp reserves the right to cancel or revoke any permission it may give to link to this website at any time, for any reason, without any notice, and without any liability.

You may not frame this website or any of its contents in any form.

Copyright Notice

The IAS logo, and certain other names, words, titles, logos, graphics or designs contained within the pages of this website may constitute trade names, registered or unregistered trade marks or service marks (the "Trade Marks") of Karl Schempp, Industrial Alliance Securities Inc. or Industrial Alliance Group, its subsidiaries and affiliates or of third parties which are used herein under license. However, the display of Trade Marks on any page of this website does not imply that any license has been granted or obtained from any third party.

All content or information made available to you on this website is protected under applicable copyright laws.

Karl Schempp grants to you a limited license to display the content of this website on your computer and to print such content solely for your own personal, non commercial use provided that you do not modify the content in any way or delete any proprietary notices. You may not otherwise copy, republish or reproduce any content or information in any manner, including electronic reproduction by "uploading" or "downloading", without the prior written consent of Karl Schempp.

Any unauthorized copying, republishing, reproduction or modification of any Trade Mark or other content or information of this website may be a violation of statutory or common law rights and may subject you to legal action.

Virus Protection

Karl Schempp does not represent or warrant that the use of this website, including the browsing and downloading of any content, will be free of viruses or other destructive or disruptive components and disclaims any liability for loss or damage caused by any virus or other destructive or disruptive component downloaded from this website. You are cautioned to install and use appropriate anti-virus or other protective software.

Termination of Website and Website Use

Karl Schempp may, in its sole discretion, change, suspend or terminate this website or any part of it or any of its features at any time, for any reason, without notice to you, and without liability to you or any other person.

Other Disclaimers

Mutual Fund Disclaimer
Commissions, trailing commissions, management fees and expenses all may be associated with mutual fund investments. Please read the prospectus carefully before investing. Mutual funds are not guaranteed, their values change frequently and past performance may not be repeated.

Money Market Mutual Fund Disclaimer
Commissions, trailing commissions, management fees and expenses all may be associated with mutual fund investments. Please read the prospectus before investing. Mutual fund securities are not covered by the Canada Deposit Insurance Corporation or by any other government deposit insurer. There can be no assurances that the fund will be able to maintain its net asset value per security at a constant amount or that the full amount on your investment in the fund will be returned to you. Past performance may not be repeated.

Labour Sponsored Investment Fund (LSIF) Disclaimer
Commissions, trailing commissions, management fees and expenses all may be associated with investments in labour-sponsored investment funds ("LSIFs"). Please read the prospectus before investing. Labour-sponsored investment funds (LSIFs) are not guaranteed. Their value changes frequently and past performance may not be repeated. Availability and amounts of tax credits are subject to certain conditions and limitations and are subject to repayment if shares are not held for eight years.