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Important Legal Information
Information contained in this website is not intended for institutional investors in any jurisdiction in which distribution or purchase is not authorized, including the jurisdiction of the reader of this information, where applicable. For example, the information herein is not for distribution to and does not constitute an offer to sell or the solicitation of any offer to buy any securities in the United States of America to or for the benefit of United States persons.

The information is designed for institutional investors, including financial intermediaries and is published for educational informational purposes only. In particular, the information is directed at only informing persons falling within one or more of the following categories:

  1. A government, local authority or public authority;
  2. A bank or insurance company;
  3. A pension fund or charity;
  4. Persons whose ordinary activities involve them, as principal or as agent, in acquiring, holding, managing or disposing of investments for the purposes of a business carried on by them or whom it is reasonable to expect will, acquire, manage or dispose of investments for the purpose of such a business;
  5. Persons whose ordinary business involves the giving of advice, which may lead to another person acquiring or disposing of an investment or refraining from so doing;

Persons who do not fall into one of the above categories shall not act upon the information contained herein.

Past performance is not a guide to future performance. The value of securities and any income generated from them might decrease as well as increase. Changes in rates of exchange may also have an adverse effect on the value, price or income of securities. Investors should also be aware of the additional risks associated with investments in emerging markets, high yield securities and smaller companies.

This information herein does not constitute investment advice and the products described may not be available to or suitable for all investors. You should consider, if appropriate, obtaining independent professional advice before making an investment decision.

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