Return and Refund Policy

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Last updated: 30 Nov. 25

Thank you for your interest in the Systematic 50s and other research products offered by Kalager & Partners Ltd. Please read this Refund Policy carefully before making a purchase.

1. No Refunds

All products sold through this website are non-refundable.
Due to the nature of digital downloads and research-based content, all sales are final once the files have been delivered (including CSV, Excel, or any supporting material).

By completing a purchase, you acknowledge and accept that:

• No refunds will be issued under any circumstances.
• No returns or exchanges are available after purchase.
• Products are provided as-is at the time of download.

2. No Warranty

Kalager & Partners Ltd provides all research outputs, stock lists, screening results, and supporting documents without any warranty, explicit or implied.

This includes, but is not limited to:

• No guarantee of accuracy, completeness, or timeliness
• No assurance that any listed company will rise in price or perform positively
• No guarantee that past returns, backtests, or historical statistics will repeat
• No warranty against errors, omissions, or data limitations

All products are intended for informational and educational purposes only.

3. Investment Risk Disclaimer

Equity markets involve risk. By purchasing or using these products, you understand and agree that:

• Stock values may go up or down, including to zero
• Past performance does not indicate future results
• No list, screen, or portfolio guarantees any investment outcome
• All investment decisions are your own and at your sole responsibility

Kalager & Partners Ltd does not provide personalised investment advice or recommendations.

4. “As-Is” Digital Delivery

All products are delivered digitally and immediately upon purchase.
Once files have been accessed or downloaded:

• The transaction is conclusive
• The customer accepts full responsibility for storing and using the files
• Kalager & Partners Ltd bears no liability for loss, deletion, or mismanagement of downloaded material

5. Review Sample Portfolios Before Buying

To ensure customers understand the format and content of the Systematic 50s portfolios, sample portfolios are provided on the website.

We strongly encourage all buyers to:

• Review sample files
• Read the portfolio descriptions
• Familiarise themselves with methodologies, data structure, and formatting

By purchasing any product, you confirm that you have had an opportunity to review these samples and understand what the delivered files look like.

6. Contact

If you have any questions regarding this Refund Policy, please contact:

Kalager & Partners Ltd
Email: contact@knpltd.co.uk
Registered in England & Wales
Company No: 15442800