This website contains important legal and general information on Legg Mason, Inc. and its investment subsidiaries. Please scroll down below to read these sections. If you do not agree and consent to any part or any section please do not accept and enter the website. Those accessing this website must select their country of residence or investor status and may not access any other country areas or view content that is not aimed at the applicable country of residence or investor status. This website is not directed at you if Legg Mason, Inc. and/or its investment subsidiaries is prohibited by any law of any jurisdiction from making the information on this site available to you and is not intended for any use that would be contrary to local law or regulation.
This website is not directed at any jurisdiction other than those accessible from the international site above. The products described on this website have not been registered under the United States Securities Act of 1933, and are not offered and may not be sold in the United States or to US citizens and residents.
Please read the following 'important information' and confirm that you agree to the terms and conditions of use of this website and that you will only access information relating to your country of residence. Depending on your jurisdiction you may not have access to all the fund ranges or funds available on this site.
This Site is provided as a service, and for informational purposes only, by Franklin Templeton Investments.
Information for Investors Not Residing in the UK
This site is intended for residents of the UK. If you do not reside in the UK, please visit international websites link for assistance with products and services legally available in your place of residence.
Authorized Use, Users and Online Account Access
UK resident use only. Franklin Templeton Investments is authorised and regulated in the United Kingdom by the Financial Conduct Authority. This Site is intended for residents of the UK only. If you choose to access and/or use this Site from locations outside of the UK, you do so at your own initiative and risk, and are responsible for compliance with all applicable laws.
This Site is intended only for your personal, non-commercial use, unless you and we have agreed otherwise in writing.
Nothing on this Site shall be considered a solicitation to buy or an offer to sell, or a recommendation for, a security, or any other product or service, to any person in any jurisdiction where such solicitation, offer, recommendation, purchase or sale would be unlawful under the laws of that jurisdiction.
No investment recommendations or professional advice: use of tools
This Site is not intended to provide any tax, legal, insurance or investment advice, and nothing on the Site should be construed as a recommendation, by us or any third party, to acquire or dispose of any investment or security, or to engage in any investment strategy or transaction. While certain tools available on the Site may provide general investment or financial analyses based upon your personalised input, such results are not to be construed as our providing investment recommendations or advice. Unless otherwise specified, you alone are solely responsible for determining whether any investment, security or strategy or any other product or service, is appropriate or suitable for you based on your investment objectives.
Password protected areas
Access to and use of password-protected and/or secure areas of the Site are restricted to authorized users only. You may not obtain or attempt to obtain unauthorized access to such parts of our Site, or to any other protected materials or information, through any means not intentionally made available by us for your specific use. Unauthorized individuals attempting to access, or actually accessing, these areas can be subject to criminal and/or civil prosecution.
Personal Information Transmission, Unsolicited Communications and Usage Monitoring
Personal Information Transmission/ Use of your Personal Information
Your use of the Site may involve the transmission of information, including personally identifiable data (personal data) about you. How Franklin Templeton collects, transfers, shares or otherwise uses your personal data is disclosed in Franklin Templeton’s Privacy & Cookies Notice, which you can read here to learn more: http://www.franklintempletonglobal.com/privacy
How to contact Franklin Templeton in relation your privacy rights is disclosed in Appendix 1 of our Privacy & Cookies Notice. Depending on your location, other privacy laws and regulations may also apply to you.
We welcome your feedback about this Site and may use it to improve the Site. Should you provide unsolicited ideas, or material of any kind ("Communications") and we use it to develop or market products, services, content, tools or information, you agree that we can do so without compensating you. By providing us with such Communications, you represent to us that you own all rights to it. This means that you hereby grant Franklin Templeton a perpetual, worldwide, royalty-free, irrevocable license to edit, reproduce, disclose, transmit, publish, broadcast, or post your Communications either on the Site or elsewhere with no liability or obligation to you. Franklin Templeton is free to use any ideas, concepts, know-how, or techniques obtained in your unsolicited communications for any purpose including, but not limited to, developing and marketing products. Unless we state otherwise on the Site, any Communications that you email or otherwise transmit through the Site can be treated by us as non-confidential and nonproprietary.
Copyright, Trademark and other Intellectual Property Rights
You acknowledge that this Site is protected by applicable copyrights, trademarks, trade secrets, patents, proprietary rights and other intellectual property laws, and that these worldwide rights are valid and protected in all forms, media, and technologies existing now or developed in the future. Accordingly, you may not copy, distribute, modify, post or frame-in the Site, including any text, graphics, video, audio, software code, user interface design or logos, except as explicitly authorized below or by us in writing.
Franklin Templeton grants you a non-exclusive, personal, non-transferable, non-sublicensable, limited and revocable right to access, use and display this Site on any computers or other electronic display device of which you are a user, for your personal and non-commercial use only and subject to the restrictions set out below under “Prohibited uses” (the "Permitted Uses"). You agree to use the Site only for lawful purposes, for the Permitted Uses, and not for the Prohibited Uses. No other use of the Site is authorized unless you and we have agreed otherwise in writing.
Because all servers have limited capacity and are used by many people, you may not use the Site in any manner that could damage or overburden any Franklin Templeton server, or any network connected to any Franklin Templeton server. You may not use the Site in any manner that would interfere with any other party's use of the Site.
Trademarks and copyrights
Our trademarks are listed in Franklin Templeton Trademarks. Other company product and service names and logos used and displayed on this Site may be trademarks or service marks owned by others. Nothing on this Site should be construed as granting any licence or right to use any of the Franklin Templeton Trademarks or other trademarks displayed on this Site without the prior written permission in each instance of Franklin Templeton and/or the owner(s) of such other trademarks. All goodwill generated from the use of the Franklin Templeton Trademarks on any website will inure to our benefit.
The Site also contains text, software, graphics, images, and other material protected by copyrights or other proprietary rights and laws (collectively, the "Proprietary Material"), owned by Franklin Templeton or its licensors. Any use of such Proprietary Material other than as permitted herein is expressly prohibited without the prior permission of Franklin Templeton and/or the relevant rights holder in writing.
Copyright Policy and Claims Procedure
We reserve the right to remove from our Site, any content that is alleged to infringe someone's copyright. If you reasonably believe that your copyrighted work is accessible on this Site in a way that constitutes copyright infringement, please follow the Claims Procedure at https://www.franklintempleton.com/investor/help/terms-of-use/claims-procedures.
Franklin Templeton Linking and Logo Use Policies
Use of Franklin Templeton logos or creating hyperlinks to our website is prohibited unless authorised by us in writing. You may, however, create a link to the Site that includes our logo as long as you accept and follow our Linking Policy and Logo Use Policy and such link, including logo, is for your personal and non-commercial use (unless we have agreed to other terms in writing) (an “Authorized Link”).
To be an Authorized Link, a website that links to this Site:
May link only to the home page of the Site (www.franklintempleton.co.uk)
Must clearly show that the link is to the website of "Franklin Templeton Investments."
May link to, but not replicate, the Site, in whole or in part, and the link must maintain the integrity of our layout, "look and feel," and Site Content.
Must not "frame" or create a browser or border environment or advertising around any Franklin Templeton Site Content.
Must not misrepresent its relationship with Franklin Templeton (including suggesting that Franklin Templeton is sponsoring, endorsing, or affiliated with it or its products and services).
The following sentences about Franklin Templeton's websites may be used on your website in connection with the Authorized Link. If used, it must not be altered in any way:
Public site link:
"Visit www.franklintempleton.co.uk, Franklin Templeton Investments’ UK website."
Logo Use Policy
A Franklin Templeton logo used by a third party in connection with an Authorized Link:
Must be used solely for the purpose of providing an Authorized Link to the Site.
Must be the Franklin Templeton logo approved for this purpose and provided below in this section.
Must not be altered in any way.
Instructions for downloading a Franklin Templeton logo in connection with an Authorized Link:
Highlight the image. When the menu pops up, select "Save this image as..." and save it to your desktop or other appropriate file.
Franklin Templeton logo
Third Party Content Providers, Sites, Referrals and Disclaimers
Not responsible for Third Party Content, referrals or links to third parties or third party sites
For informational or educational purposes, or as a service and convenience to you, this Site may provide referral information, Third Party Content or live links to a regulatory agency, non-profit organisation, or other unaffiliated third party and their websites, including companies that have a relationship with Franklin Templeton. Our decision to provide referral information to a third party or to pass on an offer made by a third party vendor or to provide a link from our Site to a third party site is not an endorsement of the third party, their products or services, or their website accessed through any such links. While we would generally only provide such information from, or links to, sources considered reliable, we do not have the resources to conduct independent investigations and accordingly we make no representations or warranties as to third party products, services, content, tools and information, and do not guarantee their accuracy, timeliness, completeness or usefulness. We advise and encourage you to do your own research You will use Third Party Content only at your own risk.
Although Third Party Content may be displayed, framed-in or provided in a pop-up box on the Site, or available through a live link from our Site to a third party site, Franklin Templeton does not prepare, edit, guarantee or endorse Third Party Content. By clicking on a link from our Site to any third party site, you will leave this Site (even if, for your convenience, a second browser window is opened). When viewing Third Party Content through such a link, keep in mind that the third party's site terms and conditions, privacy and security policies, or other legal information may be different from those of Franklin Templeton's Site. We are not liable for any direct or indirect technical or system issues, consequences, or damages arising from your use of any third party website.
WE ARE NOT RESPONSIBLE FOR ANY THIRD PARTY, THEIR PRODUCTS OR SERVICES, THEIR WEBSITE, OR ANY CONTENT MADE AVAILABLE THROUGH SUCH THIRD PARTY SITES, NOR DO WE MAKE ANY WARRANTIES OR REPRESENTATIONS, EXPRESS OR IMPLIED, REGARDING THIRD PARTY CONTENT (OR ITS ACCURACY) ON ANY THIRD PARTY SITES, AND WE SHALL HAVE NO LIABILITY OF ANY NATURE WHATSOEVER IN RELATION TO ANY OF THE FOREGOING.
DISCLAIMER OF WARRANTIES. YOU ACKNOWLEDGE AND AGREE THAT THIS SITE IS PROVIDED ON AN "AS IS" AND "AS AVAILABLE" BASIS. NONE OF FRANKLIN TEMPLETON, ITS AFFILIATES OR THEIR RESPECTIVE OFFICERS, DIRECTORS, EMPLOYEES OR AGENTS (COLLECTIVELY, THE "FRANKLIN TEMPLETON PARTIES") GUARANTEES THE TIMELINESS, ACCURACY, RELIABILITY, COMPLETENESS, OR USEFULNESS OF ANY OF THE SITE. NONE OF THE FRANKLIN TEMPLETON PARTIES WARRANT THAT THIS SITE OR DOWNLOADS WILL MEET YOUR NEEDS OR EXPECTATIONS, OR BE UNINTERRUPTED, SECURE OR ERROR FREE OR THAT THIS SITE, ITS SERVER OR ANY FILES AVAILABLE FOR DOWNLOADING THROUGH THIS SITE ARE FREE OF COMPUTER VIRUSES OR OTHER HARMFUL ELEMENTS. THE FRANKLIN TEMPLETON PARTIES HAVE NO RESPONSIBILITY FOR VIRUSES OR ANY OTHER DAMAGE THAT MAY BE CAUSED TO YOU AS A RESULT OF USING THIS SITE. PERIODS OF VOLATILE OR UNUSUAL MARKET ACTIVITY, IN PARTICULAR, MAY AFFECT SYSTEMS AVAILABILITY OR RESPONSE TIME.
YOU EXPRESSLY AGREE THAT THE ENTIRE RISK AS TO THE QUALITY AND PERFORMANCE OF THIS SITE AND THE TIMELINESS, USEFULNESS, ACCURACY OR COMPLETENESS OF THE SITE IS ASSUMED SOLELY BY YOU. ALL OF THE FRANKLIN TEMPLETON PARTIES HEREBY SPECIFICALLY DISCLAIM ANY REPRESENTATIONS, ENDORSEMENTS, GUARANTEES, OR WARRANTIES, EXPRESS OR IMPLIED, REGARDING THIS SITE, INCLUDING WITHOUT LIMITATION, THE IMPLIED WARRANTIES OF MERCHANTABILITY AND FITNESS FOR A PARTICULAR PURPOSE AND NON-INFRINGEMENT OF THIRD-PARTY RIGHTS. WITHOUT LIMITING THE GENERALITY OF THE FOREGOING, ALL OF THE FRANKLIN TEMPLETON PARTIES DISCLAIM ANY WARRANTIES WITH RESPECT TO ANY RESULTS THAT MAY BE OBTAINED FROM THE USE OF THIS SITE.
You are responsible for your connectivity. You agree that you are responsible for the means you use to access the Site and understand that your hardware, software, the Internet, your Internet Service Provider, and other third parties involved in connecting you to our Site may not perform as intended or desired.
Not responsible for third party damages. Franklin Templeton also disclaims responsibility for damages third parties may cause to you through the use of this Site, whether intentional or unintentional. For example, you understand that hackers could breach our security procedures, and that Franklin Templeton will not be responsible for any related damages.
No reliance on Data
Reasonable precautions have been taken to ensure that Site Content is complete and accurate. However, due to the nature of information delivery technology and the necessity of using multiple data sources, including Third Party Content, we are unable to assure the accuracy of the data you access through this Site. Site Content is presented only as of the date published or indicated and may be superseded by subsequent market events or other reasons. Franklin Templeton has no duty to update this Site or any Site Content. WE SHALL NOT BE LIABLE TO YOU OR ANY THIRD PARTY FOR ANY DAMAGES ARISING FROM ANY ACTIONS OR INVESTMENT DECISIONS TAKEN BY YOU BASED ON THE ACCURACY OF THE DATA PRESENTED THROUGH THIS SITE.
Cautions about future or "forward-looking" statements
Speculation or stated beliefs about future events, such as market and economic conditions, company or security performance, upcoming product offerings or other projections are "forward-looking statements". These forward-looking statements represent the beliefs of the speaker/author and do not necessarily represent the views of Franklin Templeton. General business, market, economic and political conditions could cause actual results to differ materially from what the speaker/author presently anticipates or projects.
We discourage you from using e-mail for sending confidential or sensitive information. If you send e-mail (encrypted or not) to us over the Internet, you are accepting all associated risks including but not limited to lack of confidentiality.
Limitation of Liability
Governing Law, Forum, Severability, and Miscellaneous
Your privacy is very important to Legg Mason Investments (Ireland) Limited. To the extent any information you provide or which we obtain from this website constitutes personal data, we have set procedures for the use of that information.
Please note that if you telephone Legg Mason Investments (Ireland) Limited, calls may be monitored or recorded to maintain and improve services.