Terms & Conditions

Terms and Conditions of Use

Please read carefully these Terms and Conditions of Use (these "Terms") relating to access and use of this website. By clicking "accept" at the bottom of this page, you confirm that you agree to these Terms. If you do not agree to be bound by or comply with these Terms, please do not access or use this website. The information on this website is intended solely for use by Singapore residents and by proceeding you are representing and warranting that you are either resident in Singapore or the applicable laws and regulations of your jurisdiction allow you to access the information on this website.

This website is owned and operated by Legg Mason Asset Management Singapore Pte. Limited ("LMAMS"). LMAMS is regulated by the Monetary Authority of Singapore and is an approved fund management company under the Central Provident Fund Investment Scheme (CPFIS). LMAMS is also a member of the Investment Management Association of Singapore (IMAS).

LMAMS reserves the right, in its sole discretion, to change, modify, add to, or remove portions of these Terms and/or content of this website at any time without notice to website users. You must check these Terms periodically for changes. Any changes, modifications, or additions to, or deletions from these Terms shall be notified to you by, and effective upon, posting on this website. You agree that such notification of changes shall be sufficient notice for the purpose of this clause. If you use this website after we post changes to the Terms, you are deemed to have accepted the Terms as changed. If you do not agree to be bound by the changes, you shall immediately cease all access and/or use of this website. LMAMS expressly reserves the right to monitor any use of this website.

You agree:- (i) to comply with all the notices, guidelines, rules and instructions pertaining to the use of the website as issued by LMAMS from time to time and/or made available at this website, including all specific terms and conditions governing use of specific aspects of the website set out in any additional terms and conditions; (ii) to abide by all applicable laws and regulations in your use of the website; (iii) not to impersonate any person or entity or to falsely state or otherwise misrepresent your affiliation with any person or entity; (iv) not to upload or distribute in any way files that contain viruses, corrupted files or any other similar software, programs, macros or files that may impair or damage the operation of another's computer or handset; and (v) not to post, promote or transmit through the website any unlawful, harassing, libellous, harmful, vulgar, obscene or otherwise objectionable material of any kind or nature.

The information provided on this website is not intended for distribution to, or use by, any person or entity in the United States, or any jurisdiction or country where such distribution or use would be contrary to law or regulation, or which would subject LMAMS and Franklin Resources, Inc., its affiliates (collectively  "Franklin Templeton ") or any of Legg Mason's funds, products or services to any registration requirement within such jurisdiction or country. If you choose to access this website from a location outside Singapore, you do so on your own initiative, and you are responsible for compliance with any applicable local laws.

Intellectual Property

All copyrights, trademarks, logos, service marks, trade names, or other intellectual property displayed on, or used in conjunction with, this website are proprietary to Franklin Templeton, unless otherwise indicated. All intellectual property and proprietary rights in the content, including but not limited to text, software, code, scripts, webpages, music, sound, photographs, video, graphics, graphical user interface, forms, diagrams or other material contained in the website belong to Franklin Templeton or the applicable third party service provider unless otherwise indicated. Franklin Templeton. reserves all rights with respect to intellectual property ownership of all material on this website, and will enforce such rights to the full extent permissible by law. The material accessible on or through this website is made available for personal browsing and printing purposes only. You may access material displayed on this website for your non-commercial use only provided that you also retain all copyright and other proprietary notices contained on the materials. Users of this website may not otherwise:

  1. copy, reproduce, modify, sell, republish, post, transmit, or distribute in any way material from this website without the express, written permission of Franklin Templeton;
  2. use, copy, modify, or display any Franklin Templeton name, logo, text, or graphic image without Franklin Templeton's express, written permission;
  3. display any of the pages, text, images, or other content of this website using "framing" technology without Franklin Templeton's express written permission;
  4. use or reproduce the pages, text, images, or other content from this website for any purpose other than browsing or printing for personal, non-commercial use only;
  5. take any action to create an impression of affiliation, sponsorship, or endorsement between any user and/or website and Franklin Templeton; 
  6. insert a hyperlink to this website (or any part thereof) on any other website or webpage or "mirror" any material contained on this website on any other server or establish and/or maintain, on any website or webpage, any in-links, frame-links and/or any other type of hyperlinks to this website or any part thereof.

Linked Websites

Any hyperlinks to any other websites which are not issued or owned by Franklin Templeton are not an endorsement or verification of such websites and such websites should only be accessed at the user's own risks. Franklin Templeton is in no way responsible for the content of any website, owned or operated by a third party, that may be linked to this website via hyperlink, whether such hyperlink is provided by Franklin Templeton or by a third party. In addition, Franklin Templeton is in no way responsible for the content of any website to which this website may link. The information to which the user links is neither prepared nor maintained by Franklin Templeton, and Franklin Templeton has not and will not review or update the information contained in any linked website. Franklin Templeton is not responsible for, and makes no warranty with respect to the contents, accuracy, completeness, timeliness, suitability, or reliability of the linked website. Use of any website hyperlinked to or from this website shall be at your own risk. It is up to you to take precautions to ensure that whatever you select for your use is free of such items as viruses, worms, trojan horses and other items of a destructive nature.


The contents on this website are for information only and without consideration given to the specific investment objective, financial situation and particular needs of any particular person and Franklin Templeton does not make any representation that the securities, investment products or services referred to, discussed on, or accessible through, this website are suitable for any particular investor. You should consider whether the security, investment product or service in question is suitable for you and may wish to seek professional advice before making a commitment to invest in any such security, investment product or to engage such service.

The contents on this website is not and should not be construed as being an offer to sell or a solicitation of an offer to buy any security or investment product that may be referred to, discussed on, or accessible through this website. Nor does this website constitute an offering or recommendation by Franklin Templeton of any security, investment product, investment management service, or advisory service. Franklin Templeton does not provide and should not be construed as providing investment advice, tax advice, or legal advice through this website, and you agree that this website will not be used by you for such purposes. You acknowledge that any requests that may be made by you for information on any security, investment product or service are unsolicited, and the provision of any information through this website shall not constitute or be considered investment advice, or an offer to sell, or a solicitation of an offer to buy any security, investment product or service.

Any forecasts or opinions set out on this website are Franklin Templeton own as at the date of the relevant document and may change without notice and should not be regarded as a guarantee or indication of future or likely performance of the subject matter in question. Whilst Franklin Templeton believes that the information provided on this website is correct at the date of production, no warranty or representation is given to this effect and Franklin Templeton. expressly disclaims liability for errors or omissions in such information. No reliance may be placed for any purpose on the information and opinions provided on this website or the accuracy or completeness thereof and no responsibility can be accepted by Franklin Templeton to anyone for any action taken on the basis of such information or opinions.

An offer of units in the funds referenced in this website may only be made in or accompanied by a prospectus in respect of such offer. The information and materials set out in this website is not to be taken as a substitute for the prospectus of the relevant fund and you are advised to read the relevant prospectus (which are available and may be obtained from Franklin Templeton or any of its authorised distributors before applying for units in any collective investment scheme.

The value of units in the funds and the income accruing to the units, if any, may fall or rise. Past performance is not necessarily indicative of future performance. You should be aware that investment in any fund involves financial risk and you may not get back the principal amount invested. Depending on your currency of reference, factors including but not limited to currency fluctuations may adversely affect the value of your investments and the income accruing there from.

Use of Email

The security of electronic mail sent through the Internet is not guaranteed. Do not send sensitive or confidential information to us via electronic mail. Delivery, and timely delivery, of electronic mail is also not guaranteed. Franklin Templeton therefore recommends that you do not send time-sensitive or action-oriented messages to us via electronic mail. Franklin Templeton may not, and is not obliged to, process your requests, orders, or instructions until Franklin Templeton can confirm your instructions or obtain appropriate written documentation where it deems necessary.

Franklin Templeton shall not be under any obligation whatsoever, express or implied, to reply to unsolicited correspondence, communications or email or to acknowledge receipt of the same.

Privacy and Data Protection

Your privacy is very important to Franklin Templeton. 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.

You agree that all information and/or particulars sent or submitted by you through the website is non-confidential and non-proprietary unless otherwise expressly indicated by you. You acknowledge that Franklin Templeton, its directors, officers, employees, contractors and agents shall not be subject to any confidentiality obligations in respect of any such information and/or particulars and you agree that Franklin Templeton, its directors, officers, employees, contractors and agents may, and you hereby authorise each of them to, use and to disclose such information to any person (including without limitation any third party service provider) in connection with Franklin Templeton internal business purposes.

Without prejudice to the generality of the foregoing, you consent to the processing by Franklin Templeton of the personal data submitted by you through the website and/or created in the course of the business relationship with Franklin Templeton, and to the transmission of such personal data to other companies within the Franklin Templeton(by the internet or otherwise) for purposes connected with marketing and customer administration. If you do not wish your information to be used in this way, you should advise Franklin Templeton by e-mail or in writing to the Data Protection Officer.

Data Protection Officer
Email: sg-pdpo@leggmason.com


Franklin Templeton does not warrant this website for any particular purpose. It is provided "as is" and on an "as available" basis. Franklin Templeton disclaims, to the fullest extent of the law, any warranty of any kind, whether statutory, express or implied, as to any information, materials, content or matter provided at or through this website or otherwise relating to this website, including without limitation the implied warranties of merchantability, fitness for a particular purpose, non-infringement of third party rights, or freedom from computer virus or other malicious destruction or corrupting code, agent, program or macros. Use of this website is at your own risk.

Franklin Templeton and its directors, officers, or employees will not be liable or have any responsibility of any kind for any loss or damage that you incur arising from or in connection with:

  1. any delay, termination, failure, defect, or interruption in the transmission of this website;
  2. any inaccuracy, error, unavailability, or incompleteness in the transmission of this website;
  3. any termination or interruption of your access to this website;
  4. your reliance on or use of this website;
  5. any e-mail requests, orders, or instructions you send, or the interception by third parties of any requests, orders, or instructions you send via e-mail;
  6. any act or omission of Franklin Templeton in making this website available to you; or
  7. any other cause relating to your access to or use of this website, whether or not the circumstances giving rise to such cause may have been within the control of Franklin Templeton or within the control of any other party providing software or services support for this website.

Franklin Templeton does not warrant that this website, or the functions contained in this website, will be uninterrupted or error-free, that defects will be corrected, or that this website, or the servers that make it available, are free from viruses or other harmful components. You assume the entire cost of any necessary servicing, repairing, or correcting of your property or operations as a result of using this website. You accept at your own risk that the Internet or other online communications medium may not perform as intended as a result of human, mechanical, or other error, despite the efforts of Franklin Templeton, you, or any third party.

In no event will Franklin Templeton or its directors, officers, or employees be liable to you for any direct, indirect, special, consequential, or incidental damages related in any way to your use of this website, even if: (a) such damages are reasonably foreseeable; or (b) Franklin Templeton or any other party has been advised of the possibility of such damages.


You agree to indemnify Franklin Templeton and their officers, directors, employees and agents in respect of any third party claim for any injury, loss, damage or expense occasioned by or arising directly or indirectly from your use of this website or any information or content therein, and/or the use or supply of information to a third party provided in breach of any of your obligations under these Terms.


You acknowledge and agree that LMAMS's records and any records of communications, transactions, instructions or operations relating to the operation of the website and any record of any communications, transactions, instructions or operations maintained by LMAMS or by any relevant person authorised by LMAMS relating to or connected with the website shall be binding on you for all purposes whatsoever and shall be conclusive evidence of such communications, transactions, instructions or operations. You agree that such records are admissible in evidence and that you shall not challenge or dispute the admissibility, reliability, accuracy or the authenticity of the contents of such records merely on the basis that such records were in electronic form or were produced by or are the output of a computer system, and hereby waive any of your rights (if any) to so object.

Governing Law

These Terms shall be subject to, governed by, and construed in accordance with the laws of Singapore, and you hereby submit to the non-exclusive jurisdiction of the Singapore Courts.