LONG-TERM INVESTING Research AG - Institut für die langfristige Kapitalanlage

Executive directors: Karl-Heinz Thielmann, Oliver Clasen

Chairman of the supervisory board: Dr. Gregor Seikel

Weinbrennerstr. 17
D-76135 Karlsruhe


Responsible for the contents: Karl-Heinz Thielmann


Tel.: +49 721 6293 9773
Fax: +49 322 2376 4968
E-Mail: info(at)


Trade Registry: Mannheim; HRB 714293
Tax Identification: 35001/04592



Investment advice according to section 2 para. 2 no. 4 German Wertpapierinstitutsgesetz (WpIG) and investment brokerage according to section 2 para. 2 no. 3 German Banking Act shall be made on behalf of, in the name of, for the account and under the liability of the responsible legal entity BN & Partners Capital AG, Steinstraße 33, 50374 Erftstadt, according to section 3 para. 2 WpIG. BN & Partners Capital AG has a corresponding license from the German Federal Financial Supervisory Authority (BaFin) in accordance with section 15 WpIG for the prenamed financial services.