Terms of use

This website is managed by Value Square N.V. Value Square is a registered asset management and investment advice company licensed by the Belgian Financial Services and Markets Authority (

Value Square may amend these terms of use and this privacy statement from time to time and therefore advises you to consult them regularly.

Liability and scope of the information

Value Square endeavours to ensure that all the information on this website is as accurate, complete, current and precise as possible. The website is updated on a regular basis. However, Value Square cannot accept any liability, whatever the situation, for any direct or indirect damage or loss resulting from use of the information on this site or on any website referenced. If any errors or inaccuracies arise, Value Square will do all it can to rectify these as quickly as possible.

Users should be mindful of the risks associated with trading financial instruments. The value of an investment may fluctuate considerably. Past performance offers no guarantee for future returns.

The details disseminated do not constitute professional advice. They have no contractual value and do not constitute a unilateral commitment by Value Square. If you are interested in investing, you should contact Value Square to receive advice tailored to your specific investment profile.

Any copying or reproduction of this website or parts thereof without the explicit consent of Value Square is prohibited.

Applicable law and competent court

This website is managed by Value Square and is compliant with Belgian legislation. Value Square offers no guarantee that it is also suitable for use in other countries. Any dispute relating to the use of the website will be subject to the jurisdiction of the courts in Belgium.

Shareholder engagement policy (SRDII)

Rights of the customer
Optimal selection of order executions

As a company that provides asset management and investment advice, Value Square works closely with a number of financial institutions that receive the orders from Value Square and execute them on behalf of the client. So for orders in financial instruments, Value Square's role is that of an order giver, while the order executor is responsible for execution. 

Under the MiFID II regulations, Value Square pursues a policy that aims to give an order the best chance of being executed, taking into account price, costs, speed and likelihood of execution, the size of the order and the type of order.

 Therefore, in accordance with its selection policy, Value Square has carefully selected its Custodians/Order Executors based on the following criteria:

  • The effectiveness of the order execution policy (best execution) applied by the Custodian/Order Executor; 
  • The reputation and quality of the services of the Custodian/Order executor;  
  • The country or countries in which the Custodian/order-executor operates; 
  • the total costs borne by the client;  
  • the quality of the processing and follow-up of orders. 

Value Square ensures that the order execution policy of the Custodian/Order Executor gives priority to the price and cost criteria. In practice, Value Square gives priority to the sending of orders to the Custodian/Order Executor with whom the client has concluded an agreement to open an Account.

Value Square regularly checks whether the order execution policy of the custodian still offers the necessary guarantees for optimal execution. Every year, Value Square publishes on its website an overview of the top five investment firms for each category of financial instruments in terms of trading volumes to which it has transmitted client orders during the previous year. 

In the event that a client has given a specific instruction and the order must be executed in accordance with this specific instruction, the principles of best execution cannot be applied 


General Terms and Conditions

General Terms and Conditions

Version: 2019-11-13

Conflict of Interest Policy

Value Square Fund