Portfolio management within the meaning of the FINIG; investment advice; portfolio analysis and management within the meaning of the FINIG; acceptance and transmission of orders relating to one or more financial instruments; and securities and financial analysis or other forms of general recommendations relating to transactions in financial instruments that serve the direct customer service. This list is exhaustive. The company may establish branches and subsidiaries in Switzerland and abroad and participate in other companies in Switzerland and abroad, as well as conduct all business that is directly or indirectly related to its purpose. The company may acquire, encumber, sell and manage real estate in Switzerland and abroad. It may also provide financing for its own account and for the account of third parties, as well as provide guarantees and sureties for subsidiaries and third parties.