Terms and Conditions

Americas International

Terms and Conditions

FOR INVESTMENT PROFESSIONALS ONLY

THIS WEBSITE IS NOT SUITABLE FOR PRIVATE INVESTORS

This website is not intended to be accessed or used by members of the general public. This website has been created for and intended for informational purposes and should be accessed or used only by investment professionals of the sub-funds of Legg Mason Global Funds plc (collectively, the "Funds").

It is the responsibility of the dealer to ensure that the offering and sale of fund shares complies with relevant national law. Fund shares may not be sold to citizens or residents of the United States or in any other state or jurisdiction where it would be unlawful to offer, solicit an offer for, or sell the shares. This website is neither intended to be, nor constitutes, a public offering to sell shares of the Funds.

Please read carefully these terms and conditions (the "Terms") before proceeding to access and use this website. By accepting these Terms, you confirm that you agree to be bound by and comply with these Terms in your access and use of this website.

Introduction

1.0 A brief introduction about this website

The following information is important and is for your protection. This website is for information purposes only and does not constitute an offer to sell or a solicitation of an offer to buy any security that may be referenced on or through this website. Nor does this website constitute an offering or recommendation by Legg Mason Investor Services, LLC ("LMIS") or any of its affiliates described herein of any security, investment management service, or advisory service. No investment advice, tax advice, or legal advice is provided through this website, and you agree that this website will not be used by you for these purposes. No representation is given that the securities, products, or services discussed on, or accessible through, this website are suitable for any particular investor. You acknowledge that your use of this website and requests for information are unsolicited, and the provision of any information through this website shall not constitute or be considered investment advice.

This website should not be considered as communicating any invitation or inducement to engage in investment activity.

1.1 Who is the operator of this website?

This website is owned and operated by LMIS, which is a wholly owned subsidiary of Legg Mason, Inc. ("Legg Mason") a U.S.-based financial services holding company whose shares are listed and traded on the New York Stock Exchange, Inc. LMIS is the distributor of the Funds in the Americas.

General terms and conditions of using this website

2.0 What funds are covered by this website?

All the information on this website is approved for publication by LMIS and includes information about the following fund ranges:

Legg Mason Global Funds plc is an umbrella fund with segregated liability between sub-funds, established as an open-ended, variable capital investment company incorporated with limited liability under the laws of Ireland and with registration number 278601.

2.1 Does this website describe Legg Mason's investment management capabilities?

Yes. This website may also cover information on certain investment managers depending on the jurisdiction in which you are based.

Each of the investment management companies described in this website is affiliated with LMIS through common control and ownership by Legg Mason. LMIS provides its clients with access to such affiliates primarily through the Funds, to which such affiliates serve as investment manager or sub-investment manager.

2.2 What do I need to know about the accuracy of information contained within this website?

No warranty is made in respect to the information contained in this website. LMIS believes that the information contained and opinions expressed in this website are accurate at the date of publication. The net asset values per share provided for the Funds in this website are indicative only and should not be relied upon for dealing purposes.

2.3 Does this website offer financial advice?

No. Nothing contained within this website should be construed as investment advice or an offer to sell or a solicitation of an offer to buy any security that may be referenced on or through this website. An investment in any of the Funds mentioned in this website may not be suitable for all investors. Investment in any of the Funds should only be made on the basis of the relevant prospectus.

2.4 What are some of the principal risks of investing in a Fund?

  • Past performance is no guide to future returns. Please note that the price of shares and the income from them can fall as well as rise and you may not get back the amount originally invested. Income receivable may vary from the amount of income projected at the time of making the investment.
  • Exchange rate fluctuations may affect the value of an investment and any income derived from it.
  • There can be no guarantee that the tax position or proposed tax position prevailing at the time of an investment will not change.
  • Dividends and capital gains on securities held by the relevant Fund may be subject to withholding taxes imposed by the countries in which each particular Fund invests, thereby reducing the Fund’s return

The above describes only some of the risks of investing in a Fund. Please read the relevant prospectus for a particular Fund for all the relevant risk factors pertaining to an investment in that Fund. You are encouraged to print and retain a copy of the prospectus, which are available on this website.

2.5 Is the range of funds on this website available to "US Persons?"

No. None of the Funds are registered as investment companies in the United States under the U.S. Investment Company Act of 1940, as amended, and none of the shares of such Funds are registered under the U.S. Securities Act of 1933, as amended ("Securities Act"). Shares of the Funds are not available for purchase by any "U.S. Person" as that term is defined under Regulation S of the Securities Act.

The information provided on this website is not intended for distribution to, or use by, any person or entity in the United States, or in any jurisdiction or country where such distribution or use would be contrary to law or regulation, or which would subject any of the Funds, LMIS, any affiliate of LMIS, or any of their products or services, to any registration, licensing or other authorization requirement within such jurisdiction or country.

Nothing on this website shall be considered a solicitation to buy or sell a security, product or service (including advisory service) to any person. LMIS does not claim that the Funds described herein or any products or services referenced on this website are available in any particular jurisdiction or appropriate for any particular investor. You are accessing this website on your own initiative and without invitation, and you are responsible for compliance with any applicable local laws.

2.6 Does this website include content from third-party providers other than Legg Mason and its affiliated companies?

Yes. Through this website, you may have access to market data such as news reports, third-party analyst reports, research, last-sale transaction data, securities price quotations, and other information relating to securities and the securities markets ("Market Data"). LMIS may obtain this Market Data from third parties who are independent of LMIS. Even though the sources of the Market Data provided on this website are believed to be reliable, LMIS is not responsible for, and makes no warranty with respect to the contents, accuracy, completeness, timeliness, suitability, or reliability of the Market Data.

The Market Data is provided "as is" and on an "as available" basis. LMIS will not be responsible for lost profits, trading losses, or any other damages resulting from inaccurate, defective, or unavailable Market Data or other information. LMIS is not obligated to update or to continue to offer Market Data or other information accessible through this website.

2.7 Important information about liability

LMIS makes no warranty or representation that the website can be accessed at all times. The website may, without notice, be temporarily unavailable or restricted for administrative or other reasons.

You will indemnify LMIS (including its affiliated or associated companies) 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 the operation, use or supply of information to a third party provided in breach of any of your obligations under these Terms.

If you transmit any communication through this website to LMIS directly or through any third-party internet or other service provider, you shall be responsible and liable for any omissions or failures that may be made while transmitting or receiving communications using this website. This website is not designed for the transmission of time sensitive instructions - this means that if you use this website to transmit time sensitive instructions, you will be responsible and liable for any loss that may arise, and you transmit such time sensitive information at your own risk

2.8 Intellectual property

LMIS owns the copyright and any other intellectual property rights subsisting anywhere in the world to the information on this website. You may not copy, reproduce, duplicate, modify, adopt or lend, sell, disseminate or otherwise transfer, in whole or in part, any of the information contained in the website, except for the purpose of accessing the site and producing print-outs for your own personal use. You may not take any action to create an impression of affiliation, sponsorship or endorsement between any user and/or website and Legg Mason or the Funds.

We do not recommend or endorse and accept no responsibility for the content of any website not operated by LMIS which you may visit by following a link from this website. No other website, without the prior written permission of LMIS, is authorized to link to any part of this website.

Please note that if you telephone LMIS, calls may be monitored or recorded.

Other information

3.0 Changes to content within the website

We reserve the right, in our sole discretion, to change, modify, add or remove portions of these Terms at any time without notice to website users. Similarly, we reserve the right, in our sole discretion, to change, modify, add or remove the content of this website. You must check these Terms periodically for changes. Any changes, modifications, or additions to, or deletions from these Terms shall be effective upon posting on this website. If you access this website after we post changes to the Terms, you accept the Terms as changed.

3.1 Privacy policy and data protection

Your privacy is very important to LMIS. To the extent any information you provide or which we obtain from this website constitute personal data, we have set procedures for the use of that information.

You consent to the processing by LMIS of personal information submitted by you and/or created in the course of the business relationship with LMIS and to the transmission of this data to other companies with the Legg Mason Group or to third party service providers, with whom we have contracted to hold and store data from time to time, for purposes connected with marketing and customer administration. If you do not wish your information to be used in this way, you should advise LMIS by e-mail or in writing.

3.2 Cookies and Web Beacons

Our practices concerning information gathered during online sessions are explained below. These practices are consistent with and remain subject to our general Privacy Policy stated above.

Our website utilizes a variety of technologies (such as cookies and web beacons) to collect, store, and aggregate data about usage and browsing patterns. These technologies help us analyze and tailor the site for all users and better understand how our site is used.

Except as noted herein, we do not have any personally identifiable information about you unless you choose to give us such information during an online session. If you do give us personal information during your session, we will collect that information and use it to service your request and as otherwise described in this Privacy Policy.

If you are an authorized user of our website who has enabled online access for your account(s), we collect all information that you submit through an online session, such as a transaction you have requested us to make. In this manner, your general usage patterns and other information noted above would be linked to you specifically.

3.3 Governing Law and Severability

These Terms will be governed and construed under the laws of the State of Maryland, USA without regard to is conflict of law principles, regardless of whether you reside in Maryland or conduct business with LMIS in Maryland or elsewhere. Nothing in these Terms creates any rights or protections other than those to which you are already entitled by law. If any part of these Terms if held invalid or unenforceable, that part will be deemed modified as necessary to make it effective, and the remaining provisions of these Terms will remain in effect.

For Investment Professionals

This section of the website is designed for the use by professional investors only and is not intended for use by private investors. The information contained in this section may not necessarily represent the views of LMIS and although prepared from sources believed reliable, it is not guaranteed by us and may not be a complete summary or statement of all available data, nor is the information an invitation for an offer to buy or sell any securities referred to herein. Opinions expressed are subject to change without notice.

I am authorized to conduct investment business in the jurisdiction(s) in which I am resident and/or conducting business, and under the laws of such jurisdiction(s), I am authorized to handle material relating to investments, investment views and research made available to professional investors only.

Australia

Terms & Conditions

This Website

The website www.leggmason.com/en-au.html (‘this website’) is owned and operated by Legg Mason Asset Management Australia Limited (ABN 76 004 835 849; AFSL 240827) ("Legg Mason Australia").

Terms of Use

Please read these Terms and Conditions of Use (these "Terms") carefully. Your access or use of this website signifies that you understand and agree to be bound by these Terms. If you do not agree to be bound by or comply with these Terms, do not access or use this website.

Legg Mason Australia reserves the right, in its sole discretion, to change, modify, add, or remove portions of these Terms at any time. We suggest that you check these Terms periodically for changes. They can be accessed from the link at the bottom of our website pages. Any changes, modifications, or additions to, or deletions from these Terms shall be effective upon posting on this website. If you use this website after we post changes to the Terms, you accept the Terms as changed. Legg Mason Australia expressly reserves the right to monitor any use of this website.

No Warranties, Limitations of Liability

The information found on this website is believed to be accurate at the time of compilation and is provided by Legg Mason Australia in good faith. However, the use of this website is at your sole risk. Neither Legg Mason Australia nor any other company in the Legg Mason Inc group, nor the directors and officers of Legg Mason Australia, or in Legg Mason Australia’s capacity as the Responsible Entity of the funds, make any representation or warranty as to the quality, accuracy, reliability, timeliness or completeness of material in this website or material in websites linked to this website. Except in so far as liability under any statute cannot be excluded, Legg Mason Australia, its directors, employees and consultants do not accept any liability (whether arising in contract, tort, negligence or otherwise) of whatsoever nature including, without limitation, for any error or omission in the material, or for any loss or damage (whether direct, indirect, consequential or otherwise) suffered by the recipient of the information or any other person. 

You release, discharge and indemnify Legg Mason Australia from and against liabilities suffered or incurred by you or by Legg Mason Australia or any other company of the Legg Mason, Inc group (including, but not limited to, its directors, officers and employees) as a result of use of this website. 

Use of Content

The Content found on this website is available for informational purposes only. The posting of Content and access to this Site does not constitute, either explicitly or implicitly, any provision of services or products by Legg Mason Australia or any of their respective affiliates. 

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 Neither Legg Mason Australia nor any other company in the Legg Mason Inc group (“Legg Mason”), unless otherwise noted. The content of this website is protected by applicable intellectual property law. Legg Mason 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 accessible for personal browsing and printing purposes only. Users of this website may not otherwise:

  • copy, reproduce, modify, sell, republish, post, transmit, or distribute in any way material from this website without the express, written permission of Legg Mason;
  • use, copy, modify, or display any Legg Mason name, logo, text, or graphic image without Legg Mason's express, written permission;
  • display any of the pages, text, images, or other content of this website using "framing" technology without Legg Mason's express written permission;
  • modify or use the pages, text, images, or other content from this website for any purpose other than browsing or printing for personal, non-commercial use; or
  • take any action to create an impression of affiliation, sponsorship, or endorsement between any user and/or website and Legg Mason.

Transmission or use of any material in violation of these Terms, or any applicable law, rule or regulation (whether of Australia or other countries), or the rights of any third party is prohibited. This includes, but is not limited to, copyrighted material, material which is defamatory, threatening, obscene, lewd and indecent, material protected by trademark, trade secret or patent laws, or material that results in an invasion of privacy.

General Information

No Offer or Advice

The information contained in this website should be used as general information only. It does not take into account the particular circumstances, investment objectives and needs for investment of any investor, or purport to be comprehensive or constitute investment advice and should not be relied upon as such. You should consult a financial adviser to help you form your own opinion of the information, and on whether the information is suitable for your individual needs and aims as an investor. You should consult appropriate professional advisers on any legal, stamp duty, taxation and accounting implications of making an investment. 

When considering whether to use a financial service offered by Legg Mason Australia in this website you should view our Financial Services Guide (FSG) for important information in relation to those financial services. By accessing each page of this website, you acknowledge receipt of the relevant FSG. 

Privacy

We may as a result of your access to this website hold and process personal information obtained about you. However, Legg Mason Australia is committed to maintaining the privacy of any personal data it holds about you, and does so in accordance with the National Privacy Principles contained in the Privacy Act 1998. Please read Legg Mason Australia’s Privacy Policy to understand how your personal information will be treated when you use this website. 

Website Links

This website provides links to other websites operated by entities affiliated with the Legg Mason as well as links to websites of independent third parties. Those websites which fall into the second category are not affiliated with Legg Mason Australia in any way. Legg Mason Australia does not control or endorse and is not responsible for the contents of these linked third party websites, and provides hyperlinks to other websites for your convenience only. Any information, opinions, representations or offers made in those linked third party websites are solely the responsibility of the third parties operating those websites and are not made by Legg Mason Australia, which makes no representation or warranty as to accuracy or reliability of the information in those websites. 

Third Party Information and Materials

This website may provide information, articles and material that are written and prepared by people who are not employees or representatives of Legg Mason Australia. Such material is provided for your interest and convenience only. The material will be clearly identified as the product of an independent third party. Legg Mason Australia is not responsible for the contents or accuracy of this material, and the opinions expressed in the material should not be taken as recommendations or opinions of Legg Mason Australia.

Jurisdiction of Law

The material on this website has been prepared for residents in Australia and Legg Mason Australia makes no representation that it is appropriate or available for use at other locations outside Australia. 

Cyprus, Denmark, Finland, Greece, Iceland, Ireland, Luxembourg, Malta, Netherlands, Norway and Sweden

Terms & Conditions

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.
I confirm that I have read and accept the terms and conditions of using this website and that I will only access product information that is available in my country of residence. By pressing 'accept' below, I also consent to the setting of cookies on this machine to remember my site preferences and track user activity. Find out more about our cookie policy.

Introduction

1.0 A brief introduction about this website

This website is for information purposes only and does not constitute an offer to sell or a solicitation of an offer to buy any security that may be referenced on or through this website in which such an offer, solicitation or distribution would be unlawful or in which the person making such offer or solicitation is not qualified to do so or to anyone to whom it is unlawful to make such offer or solicitation. Nor does this website constitute an offering or recommendation by Legg Mason Investments (Ireland) Limited or any of its affiliates described herein of any security, investment management service, or advisory service. No investment advice, tax advice, or legal advice is provided through this website, and you agree that this website will not be used by you for these purposes. No representation is given that the securities, products, or services discussed on or accessible through, this website are suitable for any particular investor. Products and services mentioned on any links to this site or on this site are subject to legal and regulatory requirements in applicable jurisdictions and may not be available in all jurisdictions. Investors should consider all risks including all specific risks of the products described in this website carefully prior to investing in any units or shares in any funds and should consult financial, legal, accounting, tax or other relevant advisors as necessary.
No person or company (including other financial sector related companies) may link their website to this website without the express permission of Legg Mason Investments (Ireland) Limited.

1.1 Who is the operator of this website?

This website is owned and operated by Legg Mason Investments (Ireland) Limited which is a wholly owned subsidiary of Legg Mason, Inc. ("Legg Mason"), a U.S. based financial services holding company that is listed and traded on the New York Stock Exchange. Unless otherwise indicated, all of the information on this site is approved for publication by Legg Mason Investments (Ireland) Limited, registered office 6th Floor, Building Three, Number One Ballsbridge, 126 Pembroke Road, Ballsbridge, Dublin 4, D04 EP27, Ireland. Registered in Ireland, Company No. 271887. Authorised and regulated by the Central Bank of Ireland. 

2.0 Does this website describe Legg Mason's investment management capabilities?

Yes. This website may also cover information on certain investment managers depending on the jurisdiction in which you are based.
Each of the investment management companies described in this website (with the exception of Shiozumi Asset Management) is affiliated with Legg Mason Investments (Ireland) Limited through common control and ownership by Legg Mason, Inc. Legg Mason Investments (Ireland) Limited provides its clients with access to such affiliates primarily through its proprietary Irish and UK domiciled funds, in which such affiliates serve as an investment manager or a sub-investment manager. While some of the affiliates are authorised or licensed to conduct business in one or more European jurisdictions, they may not be authorised to offer their investment advisory services in all European jurisdictions.

2.1 What do I need to know about the accuracy of information contained within this website?

No warranty is made in respect to the information contained in this website. Legg Mason Investments (Ireland) Limited believes that the information contained and opinions expressed in this site are accurate at the date of publication. Any fund prices contained in this website are indicative only and should not be relied upon for dealing purposes. For price information click here.
Although Legg Mason Investments (Ireland) Limited shall use all reasonable endeavours to ensure that the information contained on this website is accurate and kept up to date, it cannot be held responsible for any losses or damage incurred as a result of using any out of date or superseded information on this website.

2.2 Does this website offer financial advice?

No. Legg Mason Investments (Ireland) Limited does not give investment advice or recommendations in respect of its product ranges or services offered. Nothing contained within this website should be construed as the giving of investment advice or recommendation. An investment in any of the funds mentioned in this website may not be suitable for all investors. Investment in any of the funds described in this website should only be made on the basis of the relevant prospectus, key investor information document or other relevant fund documents as may be amended from time to time.

2.3 What are the general risk factors I should be aware of before accessing information on this website?
  • Past performance is no guide to future returns. Please note that the price of units or shares and the income from them can fall as well as rise and you may not get back the amount originally invested. Income receivable may vary from the amount of income projected at the time of making the investment.
  • Exchange rate fluctuations may affect the value of an investment and any income derived from it.
  • If you exercise any right to cancel, you may not get back the amount initially invested if the unit or share price has fallen since you invested.
  • Deductions for charges and expenses, particularly the initial charge, are not made uniformly throughout the life of the investment, so if you redeem out of the investment during the early years, you may not get back the amount invested.
  • The investment products and services may have tax consequences. There can be no guarantee that the tax position or proposed tax position prevailing at the time of an investment will not change and are subject to an individual’s circumstance. You should consult your own tax adviser in order to understand the tax consequences of the products and services on this website
  • Dividends and capital gains on securities issued in the relevant funds may be subject to withholding taxes imposed by the countries in which each particular fund invests.
  • Acquiring units or shares may expose an investor to a significant risk of losing the entire amount invested.
  • Any person who is in any doubt about investing in any of the funds described in this website should consult an authorised person specialising in advising on such investments.
  • Investing in financial products carries inherent risks, risks vary by product. For full risk information on any products you should read the prospectus and the key investor information document.
2.4 Are the range of funds on this website available to "U.S. Persons"?

No, the funds are not registered as investment companies in the 'United States' under the U.S. Investment Company Act of 1940, as amended, and the shares of such funds are not registered under the U.S. Securities Act of 1933, as amended ("Securities Act") nor are they registered under any other act or regulation in the 'United States'. Shares of the funds are not available for purchase by "U.S. Persons" as that term is defined under Regulation S of the Securities Act. The information provided on this website is not intended for distribution to, or use by, any person or entity in the 'United States', or in any jurisdiction or country where such distribution or use would be contrary to law or regulation, or which would subject any of the funds described herein, Legg Mason Investments (Ireland) Limited (including its affiliates) or any of their products or services to any registration, licensing or other authorisation requirement within such jurisdiction or country. Please refer to the applicable fund's prospectus and offering document for more information.

2.5 Does this website include content from third-party providers other than Legg Mason and its subsidiary companies?

Yes. Through this website, you may have access to market data such as news reports, third-party analyst reports, research, last sale transaction data, securities price quotations, and other information relating to securities and the securities markets ("Market Data"). Legg Mason Investments (Ireland) Limited may obtain this Market Data from third parties who are independent of Legg Mason Investments (Ireland) Limited. Even though the sources of the Market Data provided on this website are believed to be reliable, Legg Mason Investments (Ireland) Limited is not responsible for, and makes no warranty with respect to the contents, accuracy, completeness, timeliness, suitability, or reliability of the Market Data.
The Market Data is provided "as is" and on an "as available" basis. Legg Mason Investments (Ireland) Limited will not be responsible for lost profits, trading losses, or any other damages resulting from inaccurate, defective, or unavailable Market Data or other information. Legg Mason Investments (Ireland) Limited is not obligated to update or to continue to offer Market Data or other information accessible through this website.
 You may also have access to a third party's website. Legg Mason Investment (Ireland) Limited 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 Legg Mason Investment (Ireland) Limited, and Legg Mason Investment (Ireland) Limited has not and will not review or update the information contained in any linked website. Legg Mason Investment (Ireland) Limited is not responsible for, and makes no warranty with respect to the contents, accuracy, completeness, timeliness, suitability, or reliability of the linked website.

2.6 Important information about liability

Legg Mason Investments (Ireland) Limited makes no warranty or representation that the website can be accessed at all times. The website may, without notice, be temporarily unavailable or restricted for administrative or other reasons.
You agree to indemnify and to keep Legg Mason Investments (Ireland) Limited (including its affiliated or associated companies) and their officers, directors, employees and agents fully and effectively indemnified against any action, cost, claim,  injury, loss, damage, proceeding  or expense (including but not limited to any legal fees, costs and expenses whatsoever and howsoever arising, including in respect of any third party claim, on a full indemnity basis) occasioned by or arising directly or indirectly from or related to:
(i) your access to and/or use if the Legg Mason Investments (Ireland) Limited website and /or any other third person or entity's use of the website and/or:
(ii) any breach or non-observance of any of these terms and conditions by you and/or any other third party and/or:
(iii) the operation, use or supply of information by you to a third party provided in breach of any of your obligations under these Terms and Conditions.

2.7 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 Legg Mason, Inc, or one of its Legg Mason group companies.  The content of this website is protected by applicable intellectual property law; Legg Mason, Inc. 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 accessible for personal browsing and printing purposes only. Users of this website may not otherwise:
(i) copy, reproduce, modify, sell, republish, post, transmit, or distribute in any way material from this website without the express, written permission of Legg Mason Inc.(or any of its subsidiaries),
(ii) use, copy, modify, or display any Legg Mason Inc.(or any of its subsidiaries) name, logo, text, or graphic image without Legg Mason’s express written permission;
(iii) display any of the pages, text, images, or other content of this website using “framing” technology without Legg Mason Inc’s(or any of its subsidiaries) express written permission;~
(iv) modify or use the pages, text, images, or other content from this website for any purpose other than browsing or printing for personal, non-commercial use; or
(v) take any action to create an impression of affiliation, sponsorship, or endorsement between any user and/or website and Legg Mason Inc. (or any of its subsidiaries).
You agree that Legg Mason Investments (Ireland) Limited shall not be under any obligation of confidentiality to you regarding any such information or materials submitted to it using this website unless agreed otherwise in a separate direct contract between you and Legg Mason Investments (Ireland) Limited.
You acknowledge that the contents of the foregoing provisions of these terms and conditions shall not limit any specific provisions which may be set out in the individual terms and conditions of particular products and services offered through this website.

Other information

3.0 Changes to content within the website

We reserve the right, in our sole discretion, to change, modify, add or remove portions of these Terms at any time without notice to website users. Similarly, we reserve the right, in our sole discretion, to change, modify, add or remove the content of this website. You must check these Terms periodically for changes. Any changes, modifications, or additions to, or deletions from these Terms shall be effective upon posting on this website. If you access this website after we post changes to the Terms, you accept the Terms as changed.

3.1 Privacy policy and data protection

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.
Unless restricted by applicable law, you agree that any and all personal information/data relating to you collected by Legg Mason Investments (Ireland) Limited from this website from time to time may be used and disclosed for such purposes and to such persons as may be in accordance with Legg Mason Investments (Ireland) Limited current Privacy Policy. A copy of Legg Mason Investments (Ireland) Limited's Privacy Policy may be accessed by clicking here.
Legg Mason may also use cookies when users access this website, for more information please see our cookie policy.
Please note that if you telephone Legg Mason Investments (Ireland) Limited, calls may be monitored or recorded to maintain and improve services.

3.2 Termination

Legg Mason Investments (Ireland) Limited reserves the right to terminate this Agreement, your access to or use of this website and/or any such sites at any time or notice with or without cause.

3.3 Modification

Legg Mason Investments (Ireland) Limited reserves the right in its discretion to modify and/or change without restriction and without prior warning or notice any information or material contained in these terms and conditions or otherwise any applicable terms and conditions to relevant products and/or services available in or on this website. Continued use of the website by you shall be deemed to indicate your continued consent to any such new, modified, deleted or amended terms and conditions.

Hong Kong

Terms & Conditions

Important Information

  • INVESTMENT INVOLVES RISKS. The value of the Funds can be volatile and investors may not get back the amount originally invested. Past performance is not indicative of future results.
  • The Funds are sub-funds of Legg Mason Global Funds plc, an open-ended umbrella investment company constituted in Ireland. The Funds have different investment objectives and risk profiles which may invest in equity securities, debt securities, derivatives and/or other financial instruments. You may refer to the respective webpages of the Funds for the detail investment objectives.
  • In light of the investment style, some of the Funds may face the risk of mis-estimation by the Sub-Investment Manager in its fundamental analysis regarding the companies in which the Funds invest. The performance of the Funds may not closely correlate to specific market indices over time and may include extended periods of underperformance as compared to the broader market.
  • The directors of Legg Mason Global Funds Plc may at their discretion pay dividends out of capital of a Distributing Plus Share Class. The payment of dividends out of capital effectively amounts to a return or withdrawal of an investor´s original capital investment or of capital gains attributable to that original investment. Such distribution will result in a corresponding immediate decrease in the Net Asset Value per share of these Share Classes.
  • Depending on the fund(s) invested, investors may be exposed to equity market, concentration, custody and settlement, currency, credit, liquidity, convertible securities, downgrading, debt securities (including risks of Government securities, rated and unrated securities) and interest rate risks.
  • Some funds may be invested in shares of other investment companies and/or Exchange Traded Funds, and Real Estate Investment Trusts which involves additional risks.
  • Some Funds may be invested in inflation protected securities, 'non-investment grade'/ unrated debt securities, mortgage-backed securities and/ or asset-backed securities, which may carry different degrees of risks.
  • Some Fund’s investments are concentrated in one single country (i.e. the United States), the Fund carries more risk than other funds that diversify across multiple countries.
  • Some Funds may be exposed to China-specific risks, including the risk of significant change in Chinese political, social or economic policy, which may adversely affect the capital growth and performance of such investments. There are also special risks associated with the Shanghai-Hong Kong Stock Connect and/or Shenzhen-Hong Kong Stock Connect.
  • Some Funds may invest in sovereign bonds and may expose to the risk that sovereign issuers’ ability to repay principal and/or interest when due may be adversely impacted by political, economic or other factors, and there may be limited legal recourse against the sovereign issuer in case of default. The Fund(s) may invest more than 10% of its net assets (but no more than 35%) in the securities of a single sovereign rated below investment grade, such as Venezuela. In adverse situations, the Fund(s) may incur substantial loss.
  • Some Funds may invest in US, Asian and/ or emerging markets which involve special risks.
  • Some Funds may have significant exposures to Euro denominated securities or unsecured debt instruments issued by EU domiciled financial institutions and carries more risk than other funds that diversify across multiple regions. In light of the current fiscal conditions and concerns of the sovereign risk of certain European countries, there is an increased amount of volatility, liquidity, price and foreign exchange risk associated with relevant securities. The performance of the Fund(s) could deteriorate significantly should there be any adverse credit events (e.g. downgrade of the sovereign credit rating of a European country), or when any country abandons the Euro and/ or withdraws from the European Union.
  • Some Funds may invest in securities of smaller companies which generally are less liquid and more volatile than those of larger companies; and smaller companies generally are more likely to be adversely affected by poor economic or market conditions.
  • Some Funds may use certain types of financial derivative instruments ("FDIs") extensively for investment and other non-hedging purposes, which may involve a higher degree of risk such as counterparty, volatility, liquidity, leverage and valuation risks. The Funds may suffer a total or significant loss arising from the extensive use of FDIs.
  • Some Funds may invest in Master Limited Partners and/ or Business Development Companies, which may be relatively illiquid, and may be more adversely affected by changes in economic or other conditions which could cause a substantial loss to the investments held by, hence the value of, the Funds.
  • Some Funds may seek to hedge or mitigate current risk through the use of financial derivative instruments. The Funds may decide not to hedge the currency risk from the underlying securities, or the abovementioned hedging transactions may become ineffective, in both cases the Funds may suffer a substantial loss.
  • Some Funds invest in instruments with loss-absorption features, the occurrence of a trigger event may potentially lead to losses to the Funds.
  • Investors should not invest based on this marketing material alone. Offering documents should be read for further details, including the risk factors.

This website is only directed at investors based in the Hong Kong Special Administrative Region of the People’s Republic of China ("Hong Kong"). Persons resident in territories other than Hong Kong should not access this website.

This website only includes information on those funds that are authorized in Hong Kong pursuant to section 104 of the Securities and Futures Ordinance. Authorization does not imply official approval or recommendation.

This website has not been reviewed by the Hong Kong Securities and Futures Commission. 

Please read the following important information and confirm that you agree to the terms and conditions of this website (these "Terms") and that you are resident in Hong Kong. If you do not agree with these Terms, please do not use this website.

By clicking “ACCEPT”, you confirm that you have read and accept these Terms and that you are resident in Hong Kong.

General

This website is owned and operated by Legg Mason Asset Management Hong Kong Limited ("LMAMHK"), which is an indirect wholly owned subsidiary of Legg Mason, Inc., a U.S. based financial services holding company that is listed and traded on the New York Stock Exchange. All information on this website is approved for publication by LMAMHK. LMAMHK is licensed by the Securities and Futures Commission in Hong Kong.

LMAMHK reserves the right, in its sole discretion, to change, modify, add or remove portions of these Terms at any time without notice to website users. Similarly, LMAMHK reserves the right, in its sole discretion, to change, modify, add or remove the content of this website. 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 access and/or use this website after we have posted changes to these Terms, you are deemed to have accepted these 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. LMAMHK reserves the right to grant or revoke the authority of any person to use this website at its absolute discretion.

You agree:- (i) to comply with all the notices, guidelines, rules and instructions pertaining to the use of the website as issued by LMAMHK 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 LMAMHK and its affiliates (collectively hereafter "Legg Mason") 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 other than Hong Kong, you do so without invitation and on your own initiative, and you are solely responsible for compliance with any applicable local laws and regulations. 

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 Legg Mason, 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 this website belong to Legg Mason or the applicable third party service provider unless otherwise indicated. Legg Mason reserves all rights with respect to intellectual property ownership of all materials on this website, and will enforce such rights to the full extent permissible by law. The materials accessible on or through this website are made available for personal browsing and printing purposes only. You may access materials 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:

  1. copy, reproduce, modify, sell, republish, post, transmit, or distribute in any way materials from this website without the express, written permission of Legg Mason;
  2. use, copy, modify, or display any Legg Mason name, logo, text, or graphic image without Legg Mason's express written permission;
  3. display any of the pages, text, images, or other content of this website using "framing" technology without Legg Mason'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 Legg Mason; or
  6. insert a hyperlink to this website (or any part thereof) on any other website or webpage or "mirror" any materials 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 Legg Mason are not an endorsement or verification of such websites and such websites should only be accessed at the user's own risks. Legg Mason 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 Legg Mason or by a third party. Unless the linked website is owned or operated by Legg Mason, the information contained in any such linked website is neither prepared nor maintained by Legg Mason, and Legg Mason has not reviewed or updated and will not review or update the information contained in any such linked website.

Legg Mason is not responsible for, and makes no warranty with respect to the contents, accuracy, completeness, timeliness, suitability, or reliability of such 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.

Third Party Content

Through this website, you may have access to market data such as news reports, third-party analyst reports, research, last sale transaction data, securities price quotations, and other information relating to securities and the securities markets ("Market Data"). Legg Mason may obtain such Market Data from third parties who are independent of Legg Mason. Even though the sources of the Market Data provided on this website are believed to be reliable, Legg Mason is not responsible for, and makes no warranty with respect to the contents, accuracy, completeness, timeliness, suitability, reliability, merchantability or fitness for any particular purpose of the Market Data.

The Market Data is provided on "as is" and "as available" bases. Legg Mason will not be responsible for lost profits, trading losses, or any other damages resulting from inaccurate, defective, or unavailable Market Data or other information. Legg Mason is not obligated to update or to continue to offer Market Data or other information accessible through this website.

Any Market Data and other information accessible through this website is for personal, non-commercial use. You agree not to reproduce, modify, sell, distribute, broadcast, publish or use for any commercial or unlawful purpose any Market Data or other information you access through this website.

Investments

The following information is important and is for your protection. This website is for information purposes only and does not constitute an offer to sell or a solicitation or an offer to buy any security that may be referenced on or through this website. Nor does this website constitute an offering or recommendation by Legg Mason of any security, investment management service, or advisory service. No investment advice, tax advice, or legal advice is provided through this website, and you agree that this website will not be used by you for these purposes. No representation is given that the securities, products, or services discussed on or accessible through this website are suitable for any particular investor. You acknowledge that your use of this website and requests for information 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. This website should not be considered as communicating any invitation or inducement to engage in investment activity.

Nothing contained within this website should be construed as investment advice. An investment in any of the funds mentioned in this website may not be suitable for all investors. You should consider whether the security, investment products or services referred to, discussed on, or accessible through, this website are suitable for you, and Legg Mason strongly recommend that you seek independent financial advice before making any investment decisions. Investment in any of the products outlined in this website should only be made on the basis of the relevant Hong Kong offering document.

Any forecasts or opinions set out on this website are Legg Mason's 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 Legg Mason believes that the information provided on this website is correct as at the date of production, no warranty or representation is given to this effect and Legg Mason 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 Legg Mason to anyone for any action taken on the basis of such information or opinions.

You should be aware of the following general risk factors before making any investment decisions:

  • Investment involves risks.
  • Past performance is no guide to future returns. Please note that the price of units or shares and the income from them can fall as well as rise and you may not get back the amount originally invested.
  • The value of your investment and any income from it can fall as well as rise and you may not get back the amount you have invested.
  • Exchange rate fluctuations may affect the value of an investment and any income derived from it.
  • If you exercise any right to cancel, you may not get back the amount initially invested if the unit or share price has fallen since you invested.
  • Deductions for charges and expenses (particularly the initial charge) are not made uniformly throughout the life of the investment, so if you redeem out of the investment during the early years, you may not get back the amount invested.
  • There can be no guarantee that the tax position or proposed tax position prevailing at the time of an investment will not change.
  • Dividends and capital gains on securities issued in the relevant funds may be subject to withholding taxes imposed by the countries in which each particular fund invests.

The investment decision is yours but you should not invest unless the intermediary who offers you the funds has advised you that the funds are suitable for you and has explained why, including how the investment will be consistent with your investment objectives.

You must read the relevant Hong Kong offering document of the fund for all the relevant risk factors pertaining to that investment.

Use of Internet Communication

You acknowledge that messages sent over the Internet (including, without limitation, emails) cannot be guaranteed to be completely secure. If you transmit any communication through this website to Legg Mason directly or through any third party internet or other service provider, you shall be responsible and liable for any unauthorized access, errors, omissions or failures that may be made while transmitting such communications. This website is not designed for the transmission of time sensitive or action-oriented messages, and if you use this website to transmit time sensitive or action-oriented messages, you will be responsible and liable for any loss that may arise, and you transmit such information at your own risk.

Legg Mason 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. In addition, Legg Mason may not, and is not obliged to, process your requests, orders, or instructions until Legg Mason can confirm your instructions or obtain appropriate written documentation where it deems necessary.

Privacy Policy and Data Protection

Your privacy is very important to Legg Mason. To the extent any information you provide to Legg Mason constitutes personal data, we have set procedures for the use of that information.

By accessing this website, you consent to the collection, use and transfer by Legg Mason of personal data provided by you to Legg Mason in accordance with the terms of the Privacy Policy set out in the Appendix.

Disclaimers

Legg Mason does not warrant this website for any particular purpose. It is provided "as is" and on an "as available" basis. Legg Mason 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.

Legg Mason 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 Legg Mason 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 Legg Mason or within the control of any other party providing software or services support for this website.

Legg Mason 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 Legg Mason, you, or any third party.

In no event will Legg Mason 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) Legg Mason or any other party has been advised of the possibility of such damages.

Indemnity

You agree to indemnify Legg Mason 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.

Records

You acknowledge and agree that LMAMHK'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 LMAMHK or by any relevant person authorised by LMAMHK 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 governed by and construed in accordance with the laws of Hong Kong and you agree to submit to the non-exclusive jurisdiction of the Hong Kong courts. If any part of these Terms is held invalid or unenforceable, that part shall be deemed modified as necessary to make it effective, and the remaining provisions of these Terms shall remain in full force and effect.

Languages

In case of any discrepancies between the English and Chinese versions of these Terms, the English version shall prevail.

July 2019

APPENDIX

Privacy Policy

IMPORTANT: By accessing this website, you agree to the terms set out below. If you do not agree to the terms, please do not use this website.

Your privacy is very important to Legg Mason Asset Management Hong Kong Limited (“LMAMHK”) and its affiliates (collectively hereafter “Legg Mason”). To the extent any information you provide to Legg Mason constitutes personal data, we have set procedures for the use of that information.

From time to time, it is necessary for you to supply Legg Mason with personal data in connection with the use of this website, in the course of business relationship with Legg Mason, for provision of services to you, and/or for processing requests from you. The kinds of data that may be collected include, without limitation, name, job title, email address, phone number, address, and name of the company you represent. 

Failure to supply such personal data may result in your inability to use or access this website, or parts of this website, and/or Legg Mason being unable to process your request and/or provide services to you.

Please note that if you telephone Legg Mason, calls may be monitored or recorded to maintain and improve services.

The purposes for which personal data relating to you may be used are as follows:

  1.  enabling and/or ensuring the daily operation of this website and/or services provided to you;
  2.  processing your requests submitted to Legg Mason, whether through this website or by other means;
  3.  promoting and marketing services and products of Legg Mason;
  4.  providing alerts, newsletters, leaflets, investor communications and investment education materials requested/signed up by users;
  5.  designing and organising financial, investment seminars/events/forums;
  6.  compliance with the disclosure, reporting, and any other legal and regulatory requirements (including without limitation, tax reporting, detection, investigation and prevention of money laundering, terrorist financing, bribery, corruption and fraud) under any applicable laws and regulations, judgment, court order, sanctions regime or Legg Mason group’s compliance policy;
  7.  enabling a potential purchaser of all or any part of the business or shares of Legg Mason to evaluate the transaction intended to be the subject of such purchase; and 
  8. purposes directly related to or incidental to the above, including, without limitation, seeking professional advice.

Personal data held by Legg Mason relating to you will be kept confidential but Legg Mason may transfer such information to the following parties whether within or outside Hong Kong for the purposes set out above:

  1.  the ultimate holding company, subsidiaries and/or affiliates of LMAMHK, and the employees, officers and directors of LMAMHK and such holding company, subsidiaries and/or affiliates;
  2.  the intermediaries of Legg Mason (including third party financial institutions such as banks and insurers);
  3.  any agent, contractor, cloud provider or third party service provider who provides administrative, research, design, launch, data storage, telecommunications, software development and application, printing, letter-shopping, mailing, computer, payment, securities clearing and settlement or other services to Legg Mason in connection with the operation of its business; and
  4.  any legal, regulatory, judicial, administrative, public or law enforcement body, or governmental, tax, revenue, monetary, securities or future exchange, court, central bank or other authorities, or self-regulatory or industry bodies or associations of financial service providers, or any of their agents with jurisdiction over all or any part of Legg Mason group.

Our website utilizes a variety of technologies (including, without limitation, cookies and web beacons) to collect, store, and aggregate data about usage and browsing patterns. These technologies may identify users and can store information about them and their usage and browsing patterns. These technologies help us analyze and better understand the use of this website by the users so that improvements can be made to this website.

Data collected by Legg Mason may be maintained for such period of time required under applicable laws and regulations or as otherwise required to fulfil any of the purposes set out above.

By accessing this website, you consent to the collection, use and transfer of your personal data by Legg Mason in accordance with the terms of this Privacy Policy. If, after accessing this website, you do not wish your personal data to be used or transferred in this way, you should advise Legg Mason in writing at the address set out below.

You are entitled under the Personal Data (Privacy) Ordinance (Cap. 486 of Laws of Hong Kong) (the "Ordinance") to check whether Legg Mason holds personal data about you and request access to such data, request Legg Mason to correct any personal data relating to you which is inaccurate, and ascertain Legg Mason’s policies and practices in relation to personal data and be informed of the kind of personal data held by Legg Mason. In accordance with the terms of the Ordinance, Legg Mason has the right to charge a reasonable fee for processing of any data access request.

All requests for access to or correction of personal data or for information regarding the policies and practices and kinds of data held by Legg Mason, should be addressed to:

Data Protection Officer
Legg Mason Asset Management Hong Kong Limited
Suites 1202-03, 12/F, York House, The Landmark
15 Queen's Road Central
Hong Kong

Nothing in this Policy shall limit your rights under the Ordinance.

In case of any discrepancies between the English and Chinese versions of this Policy, the English version shall prevail.

July 2019

Singapore

Terms & Conditions

Dated 22 February 2016

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 its affiliates (collectively hereafter "Legg Mason") 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 Legg Mason, 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 Legg Mason or the applicable third party service provider unless otherwise indicated. Legg Mason 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 Legg Mason;
  2. use, copy, modify, or display any Legg Mason name, logo, text, or graphic image without Legg Mason's express, written permission;
  3. display any of the pages, text, images, or other content of this website using "framing" technology without Legg Mason'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 Legg Mason; 
    or
  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 Legg Mason are not an endorsement or verification of such websites and such websites should only be accessed at the user's own risks. Legg Mason 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 Legg Mason or by a third party. In addition, Legg Mason 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 Legg Mason, and Legg Mason has not and will not review or update the information contained in any linked website. Legg Mason 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.

Investments

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 Legg Mason 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 Legg Mason of any security, investment product, investment management service, or advisory service. Legg Mason 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 Legg Mason's 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 Legg Mason 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 Legg Mason 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 Legg Mason 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 Legg Mason 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. Legg Mason therefore recommends that you do not send time-sensitive or action-oriented messages to us via electronic mail. Legg Mason may not, and is not obliged to, process your requests, orders, or instructions until Legg Mason can confirm your instructions or obtain appropriate written documentation where it deems necessary.

Legg Mason 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 Legg Mason. 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 Legg Mason, 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 Legg Mason, 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 Legg Mason's internal business purposes.

Without prejudice to the generality of the foregoing, you consent to the processing by Legg Mason of the personal data submitted by you through the website and/or created in the course of the business relationship with Legg Mason, and to the transmission of such personal data to other companies within the Legg Mason (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 Legg Mason by e-mail or in writing to the Data Protection Officer.

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

Disclaimer

Legg Mason does not warrant this website for any particular purpose. It is provided "as is" and on an "as available" basis. Legg Mason 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.

Legg Mason 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 Legg Mason 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 Legg Mason or within the control of any other party providing software or services support for this website.

Legg Mason 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 Legg Mason, you, or any third party.

In no event will Legg Mason 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) Legg Mason or any other party has been advised of the possibility of such damages.

Indeminity

You agree to indemnify Legg Mason 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.

Records

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.

United Kingdom

Terms & Conditions

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.
I confirm that I have read and accept the terms and conditions of using this website and that I will only access product information that is available in my country of residence. By pressing 'accept' below, I also consent to the setting of cookies on this machine to remember my site preferences and track user activity. Find out more about our cookie policy.

Introduction

1.0 A brief introduction about this website

This website is for information purposes only and does not constitute an offer to sell or a solicitation of an offer to buy any security that may be referenced on or through this website in which such an offer, solicitation or distribution would be unlawful or in which the person making such offer or solicitation is not qualified to do so or to anyone to whom it is unlawful to make such offer or solicitation. Nor does this website constitute an offering or recommendation by Legg Mason Investments (Europe) Limited or any of its affiliates described herein of any security, investment management service, or advisory service. No investment advice, tax advice, or legal advice is provided through this website, and you agree that this website will not be used by you for these purposes. No representation is given that the securities, products, or services discussed on or accessible through, this website are suitable for any particular investor. Products and services mentioned on any links to this site or on this site are subject to legal and regulatory requirements in applicable jurisdictions and may not be available in all jurisdictions. Investors should consider all risks including all specific risks of the products described in this website carefully prior to investing in any units or shares in any funds and should consult financial, legal, accounting, tax or other relevant advisors as necessary.
No person or company (including other financial sector related companies) may link their website to this website without the express permission of Legg Mason Investments (Europe) Limited.

1.1 Who is the operator of this website?

This website is owned and operated by Legg Mason Investments (Europe) Limited which is a wholly owned subsidiary of Legg Mason, Inc. ("Legg Mason"), a U.S. based financial services holding company that is listed and traded on the New York Stock Exchange. Unless otherwise indicated, all of the information on this site is approved for publication by Legg Mason Investments (Europe) Limited, registered office 201 Bishopsgate, London EC2M 3AB and which is registered in England and Wales, Company no. 1732037. Legg Mason Investments (Europe) Limited is authorised and regulated by the Financial Conduct Authority, FRN 121831.

2.0 Does this website describe Legg Mason's investment management capabilities?

Yes. This website may also cover information on certain investment managers depending on the jurisdiction in which you are based.
Each of the investment management companies described in this website (with the exception of Shiozumi Asset Management) is affiliated with Legg Mason Investments (Europe) Limited through common control and ownership by Legg Mason, Inc. Legg Mason Investments (Europe) Limited provides its clients with access to such affiliates primarily through its proprietary Irish, Luxembourg and UK domiciled funds, in which such affiliates serve as an investment manager or a sub-investment manager. While some of the affiliates are authorised or licensed to conduct business in one or more European jurisdictions, they may not be authorised to offer their investment advisory services in all European jurisdictions.

2.1 What do I need to know about the accuracy of information contained within this website?

No warranty is made in respect to the information contained in this website. Legg Mason Investments (Europe) Limited believes that the information contained and opinions expressed in this site are accurate at the date of publication. Any fund prices contained in this website are indicative only and should not be relied upon for dealing purposes. For price information click here.
Although Legg Mason Investments (Europe) Limited shall use all reasonable endeavours to ensure that the information contained on this website is accurate and kept up to date, it cannot be held responsible for any losses or damage incurred as a result of using any out of date or superseded information on this website.

2.2 Does this website offer financial advice?

No. Legg Mason Investments (Europe) Limited does not give investment advice or recommendations in respect of its product ranges or services offered. Nothing contained within this website should be construed as the giving of investment advice or recommendation. An investment in any of the funds mentioned in this website may not be suitable for all investors. Investment in any of the funds described in this website should only be made on the basis of the relevant prospectus, key investor information document or other relevant fund documents as may be amended from time to time.

2.3 What are the general risk factors I should be aware of before accessing information on this website?
  • Past performance is no guide to future returns. Please note that the price of units or shares and the income from them can fall as well as rise and you may not get back the amount originally invested. Income receivable may vary from the amount of income projected at the time of making the investment.
  • Exchange rate fluctuations may affect the value of an investment and any income derived from it.
  • If you exercise any right to cancel, you may not get back the amount initially invested if the unit or share price has fallen since you invested.
  • Deductions for charges and expenses, particularly the initial charge, are not made uniformly throughout the life of the investment, so if you redeem out of the investment during the early years, you may not get back the amount invested.
  • The investment products and services may have tax consequences. There can be no guarantee that the tax position or proposed tax position prevailing at the time of an investment will not change and are subject to an individual’s circumstance. You should consult your own tax adviser in order to understand the tax consequences of the products and services on this website
  • Dividends and capital gains on securities issued in the relevant funds may be subject to withholding taxes imposed by the countries in which each particular fund invests.
  • Acquiring units or shares may expose an investor to a significant risk of losing the entire amount invested.
  • Any person who is in any doubt about investing in any of the funds described in this website should consult an authorised person specialising in advising on such investments.
  • Investing in financial products carries inherent risks, risks vary by product. For full risk information on any products you should read the prospectus and the key investor information document.
2.4 Are the range of funds on this website available to "U.S. Persons"?

No, the funds are not registered as investment companies in the 'United States' under the U.S. Investment Company Act of 1940, as amended, and the shares of such funds are not registered under the U.S. Securities Act of 1933, as amended ("Securities Act") nor are they registered under any other act or regulation in the 'United States'. Shares of the funds are not available for purchase by "U.S. Persons" as that term is defined under Regulation S of the Securities Act. The information provided on this website is not intended for distribution to, or use by, any person or entity in the 'United States', or in any jurisdiction or country where such distribution or use would be contrary to law or regulation, or which would subject any of the funds described herein, Legg Mason Investments (Europe) Limited (including its affiliates) or any of their products or services to any registration, licensing or other authorisation requirement within such jurisdiction or country. Please refer to the applicable fund's prospectus and offering document for more information.

2.5 Does this website include content from third-party providers other than Legg Mason and its subsidiary companies?

Yes. Through this website, you may have access to market data such as news reports, third-party analyst reports, research, last sale transaction data, securities price quotations, and other information relating to securities and the securities markets ("Market Data"). Legg Mason Investments (Europe) Limited may obtain this Market Data from third parties who are independent of Legg Mason Investments (Europe) Limited. Even though the sources of the Market Data provided on this website are believed to be reliable, Legg Mason Investments (Europe) Limited is not responsible for, and makes no warranty with respect to the contents, accuracy, completeness, timeliness, suitability, or reliability of the Market Data.
The Market Data is provided "as is" and on an "as available" basis. Legg Mason Investments (Europe) Limited will not be responsible for lost profits, trading losses, or any other damages resulting from inaccurate, defective, or unavailable Market Data or other information. Legg Mason Investments (Europe) Limited is not obligated to update or to continue to offer Market Data or other information accessible through this website.
 You may also have access to a third party's website. Legg Mason Investment (Europe) Limited 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 Legg Mason Investment (Europe) Limited, and Legg Mason Investment (Europe) Limited has not and will not review or update the information contained in any linked website. Legg Mason Investment (Europe) Limited is not responsible for, and makes no warranty with respect to the contents, accuracy, completeness, timeliness, suitability, or reliability of the linked website.

2.6 Important information about liability

Legg Mason Investments (Europe) Limited makes no warranty or representation that the website can be accessed at all times. The website may, without notice, be temporarily unavailable or restricted for administrative or other reasons.
You agree to indemnify and to keep Legg Mason Investments (Europe) Limited (including its affiliated or associated companies) and their officers, directors, employees and agents fully and effectively indemnified against any action, cost, claim,  injury, loss, damage, proceeding  or expense (including but not limited to any legal fees, costs and expenses whatsoever and howsoever arising, including in respect of any third party claim, on a full indemnity basis) occasioned by or arising directly or indirectly from or related to:
(i) your access to and/or use if the Legg Mason Investments (Europe) Limited website and /or any other third person or entity's use of the website and/or:
(ii) any breach or non-observance of any of these terms and conditions by you and/or any other third party and/or:
(iii) the operation, use or supply of information by you to a third party provided in breach of any of your obligations under these Terms and Conditions.

2.7 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 Legg Mason, Inc, or one of its Legg Mason group companies.  The content of this website is protected by applicable intellectual property law; Legg Mason, Inc. 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 accessible for personal browsing and printing purposes only. Users of this website may not otherwise:
(i) copy, reproduce, modify, sell, republish, post, transmit, or distribute in any way material from this website without the express, written permission of Legg Mason Inc.(or any of its subsidiaries),
(ii) use, copy, modify, or display any Legg Mason Inc.(or any of its subsidiaries) name, logo, text, or graphic image without Legg Mason’s express written permission;
(iii) display any of the pages, text, images, or other content of this website using “framing” technology without Legg Mason Inc’s(or any of its subsidiaries) express written permission;~
(iv) modify or use the pages, text, images, or other content from this website for any purpose other than browsing or printing for personal, non-commercial use; or
(v) take any action to create an impression of affiliation, sponsorship, or endorsement between any user and/or website and Legg Mason Inc. (or any of its subsidiaries).
You agree that Legg Mason Investments (Europe) Limited shall not be under any obligation of confidentiality to you regarding any such information or materials submitted to it using this website unless agreed otherwise in a separate direct contract between you and Legg Mason Investments (Europe) Limited.
You acknowledge that the contents of the foregoing provisions of these terms and conditions shall not limit any specific provisions which may be set out in the individual terms and conditions of particular products and services offered through this website.

Other information

3.0 Changes to content within the website

We reserve the right, in our sole discretion, to change, modify, add or remove portions of these Terms at any time without notice to website users. Similarly, we reserve the right, in our sole discretion, to change, modify, add or remove the content of this website. You must check these Terms periodically for changes. Any changes, modifications, or additions to, or deletions from these Terms shall be effective upon posting on this website. If you access this website after we post changes to the Terms, you accept the Terms as changed.

3.1 Privacy policy and data protection

Your privacy is very important to Legg Mason Investments (Europe) 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.
Unless restricted by applicable law, you agree that any and all personal information/data relating to you collected by Legg Mason Investments (Europe) Limited from this website from time to time may be used and disclosed for such purposes and to such persons as may be in accordance with Legg Mason Investments (Europe) Limited current Privacy Policy. A copy of Legg Mason Investments (Europe) Limited's Privacy Policy may be accessed by clicking here.
Legg Mason may also use cookies when users access this website, for more information please see our cookie policy.
Please note that if you telephone Legg Mason Investments (Europe) Limited, calls may be monitored or recorded to maintain and improve services.

3.2 Termination

Legg Mason Investments (Europe) Limited reserves the right to terminate this Agreement, your access to or use of this website and/or any such sites at any time or notice with or without cause.

3.3 Modification

Legg Mason Investments (Europe) Limited reserves the right in its discretion to modify and/or change without restriction and without prior warning or notice any information or material contained in these terms and conditions or otherwise any applicable terms and conditions to relevant products and/or services available in or on this website. Continued use of the website by you shall be deemed to indicate your continued consent to any such new, modified, deleted or amended terms and conditions.

United States

TERMS AND CONDITIONS

Terms of use

Please carefully read these Terms and Conditions of Use (these "Terms"). Your access to or use of this website signifies that you understand and agree to be bound by these Terms. If you do not agree to be bound by or comply with these Terms, do not access or use this website.
 

Modification of terms and conditions of use

The subsidiaries of Legg Mason, Inc. (collectively "Legg Mason") own and operate this website. Legg Mason reserves the right, in its sole discretion, to change, modify, add, or remove portions of these Terms at any time. We suggest that you check these Terms periodically for changes. They can be accessed from the link at the bottom of our website pages. Any changes, modifications, or additions to, or deletions from these Terms shall be effective upon posting on this website. If you use this website after we post changes to the Terms, you accept the Terms as changed. Legg Mason expressly reserves the right to monitor any use of this website.
 

Password security

If you have a password for access to non-public areas of this website, you are responsible for all activities that occur in connection with the password. You are responsible for the confidentiality of your password, and agree not to provide it to any third party. Legg Mason is not responsible for any breach of security caused by your failure to maintain the confidentiality of your password. You agree to notify Legg Mason immediately in the event of loss or theft of your password, or if you believe the confidentiality of your password has been compromised in any way, or in the event of your learning about a possible or actual unauthorized use of the non-public areas of this website. Legg Mason reserves the right to revoke your password and your ability to access non-public areas of this website at any time without prior notice.
 

Electronic recording

In connection with your use of the website, you acknowledge and consent to any form of electronic recording of any communication, electronic or otherwise, between you and Legg Mason. You acknowledge and consent to the recording, retention and use by Legg Mason (and its employees, representatives and agents) of all information and data that you input during your use of the website, including without limitation, all selections and uses of software, calculators and other tools included therein.
 

Jurisdiction

Unless otherwise specified, this website has been published for residents of the United States. The information provided on this website is not intended for distribution to, or use by, any person or entity in any jurisdiction or country where such distribution or use would be contrary to law or regulation, or which would subject Legg Mason or any of its services and products to any registration requirement within such jurisdiction or country. Unless otherwise specified, the services and products described on this website are made available only to persons residing in the United States, and the information on this website is only for such persons. Nothing on this website shall be considered a solicitation to buy or an offer to sell a security or service to any person. Legg Mason does not claim that the products or services referenced in this website are available in any particular jurisdiction or appropriate for any particular investor. If you choose to access this website from a location other than the United States, 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 Legg Mason, unless otherwise noted. The content of this website is protected by applicable intellectual property law. Legg Mason 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 accessible for personal browsing and printing purposes only. 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 Legg Mason;
  • (2) use, copy, modify, or display any Legg Mason name, logo, text, or graphic image without Legg Mason's express, written permission;
  • (3) display any of the pages, text, images, or other content of this website using "framing" technology without Legg Mason's express written permission;
  • (4) modify or use the pages, text, images, or other content from this website for any purpose other than browsing or printing for personal, non-commercial use; or
  • (5) take any action to create an impression of affiliation, sponsorship, or endorsement between any user and/or website and Legg Mason.

Transmission or use of any material in violation of this Agreement, or any applicable law, rule or regulation (whether of the United States or other countries), or the rights of any third party is prohibited. This includes, but is not limited to, copyrighted material, material which is defamatory, threatening, obscene, lewd and indecent, material protected by trademark, trade secret or patent laws, or material that results in an invasion of privacy.
 

Linked websites

Legg Mason 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 Legg Mason or by a third party. In addition, Legg Mason 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 Legg Mason, and Legg Mason has not and will not review or update the information contained in any linked website. Legg Mason 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.
 

Third party content

Through this website, you may have access to market data such as news reports, third-party analyst reports, research, last sale transaction data, securities price quotations, and other information relating to securities and the securities markets ("Market Data"). Legg Mason may obtain this Market Data and other information made available on this website from third parties who are independent of Legg Mason. Even though the sources of the Market Data and other information provided on this website are believed to be reliable, Legg Mason is not responsible for, and makes no warranty with respect to the contents, accuracy, completeness, timeliness, suitability, or reliability of the Market Data or other information accessible on or through this website. The Market Data provided is not a complete summary or statement of all available information or data.

LEGG MASON MAKES NO EXPRESS OR IMPLIED WARRANTIES (INCLUDING BUT NOT LIMITED TO WARRANTIES OF MERCHANTABILITY OR FITNESS FOR A PARTICULAR PURPOSE) WITH RESPECT TO THE MARKET DATA AND OTHER INFORMATION ACCESSIBLE ON OR THROUGH THIS WEBSITE.

The Market Data and other information accessible through this website is for personal, non-commercial use. You agree not to reproduce, modify, sell, distribute, broadcast, publish, or use for any commercial or unlawful purpose any Market Data or other information you access through this website.

The Market Data and other information accessible on or through this website is provided "as is" and on an "as available" basis. Legg Mason will not be responsible for lost profits, trading losses, or any other damages resulting from inaccurate, defective, or unavailable Market Data or other information. Legg Mason is not obligated to update or to continue to offer Market Data or other information accessible through this website.
 

No offer or advice

This website is for informational purposes only and does not constitute an offer to sell or a solicitation of an offer to buy any security that may be referenced on or through this website. Nor does this website constitute an offering or recommendation by Legg Mason of any security, investment management service, or advisory service. Legg Mason does not provide 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. Legg Mason does not represent that the securities, products, or services discussed on, or accessible through, this website are suitable for any particular investor. You acknowledge that your requests for information 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.
 

Use of e-mail

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. Legg Mason therefore recommends that you do not send time-sensitive or action-oriented messages to us via electronic mail. Such requests, orders, or instructions will not be processed until Legg Mason can confirm your instructions or obtain appropriate written documentation where necessary.
 

Confidentiality

Legg Mason shall use reasonable precautions to maintain the confidentiality of the information you may provide to Legg Mason and information you have created, input or developed in connection with your use of the website, but because such information can be accessed through the Internet, you hereby acknowledge and agree that there can be no assurance that the information or any information provided to you through the website will remain secure. In addition, Legg Mason may disclose such information to its employees, representatives, officers, agents, and affiliates, as well as a governmental entity or any other third party agent or service provider (a) for any purpose related to the conduct of Legg Mason business or to the offering, providing or maintaining of this website, (b) to comply with applicable rules, orders, subpoenas or other legal process, or in order to give information to any government agency or official requesting such information, or (c) for any other legitimate business purpose.
 

No warranties; limitations of liability

THE ACCURACY, COMPLETENESS, SEQUENCE OR TIMELINESS OF THE MARKET DATA AND OTHER INFORMATION ACCESSIBLE ON OR THROUGH THIS WEBSITE CANNOT BE GUARANTEED. LEGG MASON DOES NOT WARRANT THIS WEBSITE (INCLUDING THE MARKET DATA OR OTHER INFORMATION ACCESSIBLE ON OR THROUGH THIS WEBSITE) FOR ANY PARTICULAR PURPOSE. IT IS PROVIDED "AS IS" AND ON AN "AS AVAILABLE" BASIS. LEGG MASON DISCLAIMS, TO THE FULLEST EXTENT OF THE LAW, ANY WARRANTY OF ANY KIND, WHETHER EXPRESS OR IMPLIED, AS TO ANY MATTER RELATING TO THIS WEBSITE (INCLUDING MARKET DATA OR OTHER INFORMATION ACCESSIBLE ON OR THROUGH THIS WEBSITE), INCLUDING WITHOUT LIMITATION THE IMPLIED WARRANTIES OF MERCHANTABILITY, FITNESS FOR A PARTICULAR PURPOSE, AND NONINFRINGEMENT. USE OF THIS WEBSITE IS AT YOUR OWN RISK.

LEGG MASON AND ITS DIRECTORS, OFFICERS, EMPLOYEES AND LICENSORS WILL NOT BE LIABLE OR HAVE ANY RESPONSIBILITY OF ANY KIND FOR ANY LOSS OR DAMAGE (INCLUDING DIRECT, INDIRECT, CONSEQUENTIAL, SPECIAL OR OTHER DAMAGES) THAT YOU INCUR ARISING FROM OR IN CONNECTION WITH:

  • (1) ANY DELAY, TERMINATION, FAILURE, DEFECT, OR INTERRUPTION IN THE TRANSMISSION OF THIS WEBSITE OR ANY MARKET DATA OR OTHER INFORMATION ACCESSIBLE ON OR THROUGH THIS WEBSITE;
  • (2) ANY INACCURACY, ERROR, UNAVAILABILITY, OR INCOMPLETENESS IN THE TRANSMISSION OF THIS WEBSITE OR ANY MARKET DATA OR OTHER INFORMATION ACCESSIBLE ON OR THROUGH THIS WEBSITE;
  • (3) ANY TERMINATION OR INTERRUPTION OF YOUR ACCESS TO THIS WEBSITE;
  • (4) YOUR RELIANCE ON OR USE OF THIS WEBSITE OR ANY MARKET DATA OR OTHER INFORMATION ACCESSIBLE ON OR THROUGH 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 LEGG MASON IN MAKING THIS WEBSITE OR MARKET DATA OR OTHER INFORMATION ACCESSIBLE ON OR THROUGH 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 LEGG MASON OR WITHIN THE CONTROL OF ANY OTHER PARTY PROVIDING SOFTWARE OR SERVICES SUPPORT FOR THIS WEBSITE.

LEGG MASON 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 LEGG MASON, YOU, OR ANY THIRD PARTY.

IN NO EVENT WILL LEGG MASON 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) LEGG MASON OR ANY OTHER PARTY HAS BEEN ADVISED OF THE POSSIBILITY OF SUCH DAMAGES.
 

Miscellaneous
  • This Agreement represents the complete and exclusive statement of the agreement and understanding between you and Legg Mason regarding your rights to access and use this website, and supersedes all prior and contemporaneous agreements and representations regarding such subject matter. Except as herein provided, no waiver, modification or amendment of any provision to this Agreement shall be effective against Legg Mason unless the same is in writing and signed by an authorized official of Legg Mason.
  • Legg Mason's failure to insist at any time upon strict compliance with any term of this Agreement, or any delay or failure on Legg Mason's part to exercise any power or right given to Legg Mason in this Agreement, or a continued course of such conduct on Legg Mason's part shall at no time operate as a waiver of such power or right, nor shall any single or partial exercise preclude any other future exercise. All rights and remedies given to Legg Mason in this Agreement are cumulative and not exclusive of any other rights or remedies which Legg Mason otherwise has at law or equity.
     
Additional terms

Certain sections or pages on this website may contain separate terms and conditions, which are in addition to these terms and conditions. In the event of a conflict, the additional terms and conditions will govern for those sections or pages.
 

Governing law and servability

These Terms will be governed and construed under the laws of the state of Maryland without regard to its conflict of law principles, regardless of whether you reside in Maryland or transact business with Legg Mason in Maryland or elsewhere. Nothing in these Terms creates any rights or protections that you are not already entitled to by law. If any part of these Terms is held invalid or unenforceable, that part will be deemed modified as necessary to make it effective, and the remaining provisions of these Terms will remain in effect.
 

Termination

Legg Mason may terminate your access to this Website and any information or services contained herein at any time.

The services described on this site are intended for U.S. investors only. Similar services may be available to non-U.S. investors through other affiliated advisory entities.

Taiwan

網站資訊使用說明及條款

介紹

1.0 本網站之簡介

下述資訊非常重要且係為保護您的權益。本網站僅係為提供資訊,並不構成任何銷售要約或申購本網站所提及或提供之證券之要約引誘。本網站亦不構成美盛證券投資顧問股份有限公司或任何本網站所提及之關係企業對於任何證券、投資管理服務或顧問服務之銷售或推介。本網站中並不提供投資、稅務或法律建議,且您同意不以前開目的而使用本網站。本網站未聲明在此所討論或可透過本網站接觸之任何證券、產品或服務適合任何特定投資人。您知悉您非因受招攬而使用本網站及要求資訊,並知悉本網站所提供之任何資訊不應構成或被視為投資建議或任何銷售要約或申購證券之要約引誘。

本網站不應被視為傳達任何從事投資行為之邀約或勸誘。

1.1 誰為本網站之管理者?

本網站由美盛證券投資顧問股份有限公司(下稱「美盛投顧」)所擁有及運作,美盛投顧係Legg Mason, Inc.(美盛集團)百分之百間接持有子公司。美盛集團為於紐約證券交易所掛牌交易之美國金融服務控股公司。本網站所有資訊均經美盛投顧核准公開,其登記營業處所位於中華民國台灣110台北市信義路五段7號55樓之一(電話:02-8722-1666)。美盛投顧為一證券投資顧問事業(登記字號(98)金管投顧新字第001號),並為本網站中所提及且已於台灣註冊得銷售之基金之總代理人。

美盛投顧保留依其全權裁量得核准或撤銷任何人使用本網站之權利。

使用本網站之一般性條款

2.0 本網站涵蓋哪些基金?

本網站所涵蓋之基金包括(但不限於):

  • 美盛全球系列基金

美盛投顧並不聲明在此所提及之基金或本網站中所提及之任何產品或服務,將被提供於任何特定管轄區域或適合任何特定投資人。

於2005年12月1日, Citigroup Inc. (「花旗集團」) 將其全球所有資產管理業務的大部分, 花旗集團資產管理售予Legg Mason, Inc. (「美盛集團」)。在此網站內提及的某些基金之管理公司及/或投資顧問, 由於屬該交易的一部份, 已成為美盛百分之百持有之子公司。

2.1 本網站是否對Legg Mason之投資管理能力作說明?

是的。本網站亦包含關於美盛集團子公司之各投資管理機構之資訊。各投資管理公司均為美盛集團所擁有、並由美盛集團共同控制之關係企業。美盛投顧主要透過其於愛爾蘭註冊、並由該等關係企業擔任投資管理機構或次投資管理機構之基金,提供客戶與該等關係企業接觸之管道。即使某些關係企業取得於一個或多個亞洲管轄區域營業之授權或執照,並不等同具有得於所有亞洲管轄區域提供投資服務之授權。

2.2 關於本網站之資訊正確性,我應有何認知?

本網站所包含之資訊並無任何擔保。美盛投顧相信本網站所含資訊及所表示之意見於刊登之日為正確無誤。本網站上之基金價格僅供參考,該價格不應作為交易目的之依據。

2.3 本網站是否提供財務建議?

否。本網站所含之任何資訊均不應被解釋為投資建議。對本網站所提及基金所進行之投資不一定適合所有投資人,我們強烈建議您於作成任何投資決定前先諮詢您的獨立財務顧問。對本網站所列之任何產品所作之投資均應基於相關台灣銷售文件。

2.4 於接觸本網站之資訊前,我應注意哪些一般風險因素?

  • 本境外基金經金管會核准(或同意生效) 在國內募集及銷售,惟不表示絕無風險。基金經理公司或基金以往之經理績效不保證基金之最低投資收益。投資本身就具有風險,境外基金亦涉及匯率波動風險。基金經理公司除盡善良管理人之注意義務外,不負責基金之盈虧,亦不保證基金之績效或最低之收益,投資人申購前應詳閱基金公開說明書及投資人須知。有關基金應負擔之費用(含分銷費用)已揭露於基金之公開說明書及投資人須知中,投資人可至境外基金資訊觀測站中查詢。本文提及之經濟走勢預測不必然代表本基金之績效,本基金投資風險請詳閱基金公開說明書。
  • 基金配息率不代表基金報酬率,且過去配息率不代表未來配息率;基金淨值可能因市場因素而上下波動。
  • 過去之績效不代表未來績效之保證。請注意單位或股份之價格及其收益可能有所漲跌,您可能無法取回原始投資金額。可取得之收益可能因作成投資之時點不同而有所不同。
  • 您的投資價值及其所生收益可能有所漲跌,而您可能無法取回投資金額。
  • 匯率波動可能影響投資價值及其所生收益。
  • 若您行使任何取消之權利,您可能因單位或股份價格自您投資開始即下跌而無法取回原始投資金額。
  • 手續費及費用之扣除,特別是初次銷售手續費,於投資期間不會完全一致,故您若於投資初期全數買回,您可能無法取回投資金額。
  • 無法保證投資時適用之稅項或建議稅項不會變更。
  • 相關基金發行之證券之股利及資本利得,於各別基金投資之國家可能須扣繳稅款。

您應審閱相關基金之台灣銷售文件(含公開說明書及投資人須知第一及第二部分),以瞭解關於該投資之所有相關風險因素。

投資人應就所投資之基金列印或索取最新台灣銷售文件。本網站所述基金之最新台灣銷售文件得於台灣美盛投顧之登記營業處所取得或自境外基金資訊觀測站或本網站下載。

2.5 本網站所述之基金範圍是否亦提供予美國居民或其他人?

否。本網站所述之基金並非依美國1940年公司法(修訂版)於美國註冊之投資公司,且該基金之股份非依1933年證券法(修訂版)(下稱「證券法」)註冊。「美國人」不得申購基金股份,「美國人」一詞定義於證券法S法規。本網站提供之資訊並非意圖散佈予任何於美國之自然人或法人,或供其使用,或意圖於任何該等散佈或使用將違反法令之管轄區域或國家所作,或於將使本網站所述基金、美盛投顧(包含其關係企業)或其任何產品或服務須註冊、取得執照或其他授權要求之管轄區域或國家所作。本網站不應被視為對任何人購買或銷售某一證券、產品或服務(包括諮詢服務)之招攬。

美盛投顧並不聲明在此所提及之基金或本網站所提及之任何產品或服務,將被提供於任何特定管轄區域或適合任何特定投資人。若您選擇自台灣以外之地區進入本網站,乃出自您主動而非係因受到邀約而進入,且您有責任遵循當地相關法規。

2.6 本網站是否包含來自美盛及其子公司以外之第三人所提供之內容?

是的。透過本網站,您可接觸到市場資料,例如新聞報導、第三人分析報告、研究、最新銷售交易資料、證券價格報價及其他關於證券及證券市場之資料(下稱「市場資料」)。美盛投顧得自非屬美盛投顧之第三人取得市場資料。雖本網站所提供之市場資料來源應屬可靠,美盛投顧不就其內容及市場資料之特定目的之正確性、完整性、即時性、適合性、可靠性、可市場性或適切性負責或擔保。

市場資料係以「原狀」及「可得」之基礎提供。美盛投顧不對任何因不正確、瑕疵或不可得之市場資料或其他資訊所發生之所失利益、交易損失或其他任何損害負責。美盛投顧無更新或持續提供市場資料或其他得於本網站取得資訊之義務。 任何市場資料及其他得於本網站取得之資訊均係為個人使用,而非商業使用。您同意不基於任何商業或違法目的,重製、修改、銷售、散佈、傳播、出版或使用任何市場資料或您於本網站取得之資訊。

2.7 關於責任之重要資訊

責任限制- 美盛投顧不聲明或保證於任何時候均得進入本網站。本網站得在不另行通知之情況下基於行政管理或其他理由暫時關閉或限制進入。網路因有服務中斷、駭客行為、資料錯誤及其他美盛投顧無法控制及處理之相關風險,而為高風險之溝通媒體。對於因本網站故障或受阻,或因任何與提供本網站或本網站相關資料予您之任何人之作為或不作為,或因其他關於使您進入、無法進入、使用本網站或本網站所包含或參考之資訊或資料,導致您所受之損失或損害,美盛投顧或其關係企業、董事、經理人或職員均不負責或有任何責任,無論該等損失或損害是否在美盛投顧或其關係企業之控制範圍內。

您就任何直接或間接因您違反本條款之義務而運用、使用或提供資訊予第三人,導致第三人對美盛投顧(包含其關係或關連企業)及其主管、董事、職員及代理人所為之傷害、損失、損害、費用請求,負損害賠償責任。

您知悉透過網路傳遞之訊息無法保證完全安全。若您直接透過本網站或透過其他網路、服務提供者,傳送任何訊息予美盛投顧,對任何可能使用本網站傳輸或接受訊息而造成未經授權之取得、錯誤、遺漏或失敗,您應自行負責。本網站非為傳輸時間敏感度高之指示而設計,亦即,若您使用本網站傳輸時間敏感度高之指示,您應對任何可能產生之損失負責,且您對傳輸該時間敏感度高之指示應自負風險。

2.8 智慧財產

除另有陳述外,美盛投顧對本網站之資訊享有著作權及任何於世界上存在之智慧財產權。除為進入本網站並為您個人使用之目的而列印外,您均不得影印、重製、複製、修改、引用或出借、銷售、散播或移轉本網站所含任何資訊之全部或一部。

請注意若您與美盛投顧通話,通話內容可能被監測或紀錄,以保持或提昇服務。

2.9 連結網站

我們不推薦、贊同任何非由美盛投顧管理之網站之內容,亦不對該內容負責,而您可能係自本網站連結至該網站。除經美盛投顧事前書面許可外,其他網站均無連結至本網站任何部份之權限。

尤其,美盛投顧及其關係企業絕不對任何由第三人所有或管理之網站內容負責,該網站可能經由超連結而連結至本網站,無論該超連結係由美盛投顧或其關係企業,或第三人所提供,均無不同。除非,且僅在此限度內,該連結之網站係美盛投顧或其關係企業所有或管理。使用者連結至之資訊若非由美盛投顧或其關係企業準備或維持,則美盛投顧及其關係企業並未且將不會審閱或更新該連結之網站所含之內容,且美盛投顧及其關係企業不對該連結之網站之內容、正確性、完整性、即時性或可信度負責,亦不為任何擔保。您就使用任何經由本網站超連結至之網站應自負風險。

其他資訊

3.0 變更本網站之內容

我們保留無須通知網站使用者即得依我們全權裁量而隨時變動、修改、增加或移除本條款任何部份之權利,。同樣地,我們保留依我們全權裁量而變動、修改、增加或移除本網站內容之權利。您必須定期檢閱本條款視有無變動。任何對本條款之變動、修改、增加或刪除均自發佈於本網站時立即生效。若您於我們發佈對本條款之變動後進入本網站,您即為同意變動後之條款。

3.1 隱私權政策及資料保護

您的隱私對美盛投顧非常重要。在您提供之資料或我們自本網站取得之資料構成個人資料之範圍內,我們已建立使用、儲存、傳輸及處理該資料之程序。

未提供該等個人資料可能導致您無法使用或進入本網站,或本網站之一部分。

您同意美盛投顧得於相關執照及法令允許之範圍內,使用、儲存、傳輸及處理您透過本網站所提供及/或經由與美盛投顧之商業關係過程所建立之個人資料,並得基於行銷及客戶行政管理目的使用並傳輸您的個人資料至美盛集團中之其他公司(透過網路或其他方式,且於台灣境內或境外)。若您不欲使您的資訊依此方式使用,您應以電子郵件或書面方式指示美盛投顧。

以下係為您使用本網站時,本網站蒐集資訊的隱私權政策。這些政策與前述一般隱私權政策一致,並受前述隱私權政策之規範。 本網站使用各種技術(譬如cookies和網站信標)蒐集、儲存和加總關於使用和瀏覽模式相關的數據。這些技術幫助我們分析以便提供個人化的使用介面,並協助我們更了解網站的使用情況。

除在此所聲明以外,除非您決定在使用本網站時提供我們相關的資訊,否則我們沒有任何可辨識您個人身分的資訊。如果您在使用本網站時決定提供我們私人資訊,我們會蒐集相關資訊以服務您的需求,並遵守本隱私權政策。

4.0 準據法及可分割性

本條款受台灣法律拘束並依台灣法律解釋,台灣法院具有非專屬管轄權。若本條款任何部份被認定為無效或無執行力,該部份將被視為使其有效而進行必要修正,且本條款其餘部份仍為有效。

Netherlands

Algemene voorwaarden

Deze website bevat belangrijke wettelijke en algemene informatie over Legg Mason, Inc. en zijn beleggingsdochterondernemingen. Scroll naar beneden om deze secties te lezen. Als u het niet eens bent of niet instemt met een deel of een sectie, mag u deze algemene voorwaarden niet aanvaarden en de website niet betreden. Wie de website betreedt, moet zijn land van verblijf of beleggersstatus selecteren en mag geen delen van andere landen of inhoud zien die niet bestemd zijn voor het betreffende land van verblijf of de beleggersstatus. Deze website is niet voor u bestemd als het voor Legg Mason, Inc. en/of zijn beleggingsdochterondernemingen bij wet van een bepaald rechtsgebied verboden is om de informatie op deze website voor u beschikbaar te maken, en is niet bedoeld voor gebruik dat tegenstrijdig is met de plaatselijke wet- of regelgeving. 

Deze website is niet bestemd voor rechtsgebieden die niet beschikbaar zijn op de internationale website hierboven. De op deze website beschreven producten zijn niet geregistreerd op grond van de United States Securities Act of 1933, en worden niet aangeboden en mogen niet worden verkocht in de Verenigde Staten of aan staatsburgers en inwoners van de VS.

Lees de volgende 'belangrijke informatie' en bevestig dat u de algemene gebruiksvoorwaarden van deze website aanvaardt en dat u uitsluitend informatie opzoekt die betrekking heeft op uw land van verblijf. Afhankelijk van uw rechtsgebied hebt u mogelijk geen toegang tot alle fondsassortimenten of fondsen op deze website.

Ik bevestig dat ik de gebruiksvoorwaarden van deze website heb gelezen en aanvaard, en dat ik uitsluitend productinformatie zal opzoeken die beschikbaar is in mijn land van verblijf. Door op 'Akkoord' hieronder te klikken, stem ik ook in met het plaatsen van cookies op deze machine om mijn voorkeuren voor de website te registreren en mijn gebruikersactiviteit te volgen. Lees meer over ons cookiebeleid.

Inleiding

1.0 Een korte inleiding over deze website

Deze website is uitsluitend bedoeld voor informatieve doeleinden en vormt geen aanbod tot verkoop of aanbod tot aankoop van de effecten waarnaar verwezen wordt via deze website waarin een dergelijk aanbod, verzoek of uitkering verboden is, of waarin de persoon die dit aanbod of verzoek doet niet bevoegd is dit te doen, of aan enig persoon aan wie het verboden is, een dergelijk aanbod of verzoek te doen. Deze website vormt evenmin een aanbieding van of aanbeveling voor effecten, beleggingsbeheerdiensten of het verlenen van advies door Legg Mason Investments (Ireland) Limited of een van zijn gelieerde ondernemingen waarnaar in deze website wordt verwezen. Via deze website worden geen beleggingsadviezen noch fiscale of juridische adviezen verstrekt, en u aanvaardt dat u deze website niet zal gebruiken voor deze doeleinden. Er wordt niet beweerd dat de effecten, producten of diensten die besproken worden op of toegankelijk zijn via deze website geschikt zijn voor elke belegger. Vermelde producten en diensten in koppelingen naar/op deze site zijn onderhevig aan wettelijke en regelgevingsvereisten in toepasselijke rechtsgebieden en zijn mogelijk niet beschikbaar in alle rechtsgebieden. Beleggers moeten alle risico's, inclusief alle specifieke risico's van de op deze website beschreven producten aandachtig overwegen vooraleer te beleggen in deelbewijzen of aandelen in een fonds, en dienen (voor zover nodig) onafhankelijke financiële, wettelijke, belasting- en andere adviseurs te raadplegen met betrekking tot beleggingen in de hierin vermelde producten.

Geen enkele persoon of bedrijf (inclusief andere bedrijven die te maken hebben met de financiële sector) mag op zijn website een koppeling plaatsen naar deze website zonder de uitdrukkelijke toestemming van Legg Mason Investments (Ireland) Limited.

1.1 Wie beheert deze website?

Deze website is eigendom van en wordt beheerd door Legg Mason Investments (Ireland) Limited, die een 100%-dochteronderneming is van Legg Mason, Inc. ("Legg Mason"), een in de VS gevestigde holdingmaatschappij die actief is in de financiële dienstverlening en die genoteerd staat en verhandeld wordt aan de New York Stock Exchange. Tenzij anders vermeld, is alle informatie op deze site goedgekeurd voor publicatie door in Europa (zonder het Verenigd Koninkrijk en Zwitserland) wordt deze financiële advertentie uitgegeven door Legg Mason Investments (Ireland) Limited), gevestigd te 6th Floor, Building Three, Number One Ballsbridge, 126 Pembroke Road, Ballsbridge, Dublin 4, D04 EP27, Ireland. Geregistreerd in Ierland onder het ondernemingsnummer 271887. Geautoriseerd en gereguleerd door de Central Bank of Ireland.

2.0 Beschrijft deze website de bekwaamheden van Legg Mason op het gebied van beleggingsbeheer?

Ja. Deze website kan ook informatie bevatten over bepaalde beleggingsbeheerders, afhankelijk van het rechtsgebied waarin u zich bevindt.

Elke beleggingsbeheervennootschap die beschreven wordt op deze website (met uitzondering van Shiozumi Asset Management) is gelieerd aan Legg Mason Investments (Ireland) Limited doordat beide eigendom zijn van en gecontroleerd worden door Legg Mason, Inc. Legg Mason Investments (Ireland) Limited biedt zijn cliënten toegang tot deze gelieerde ondernemingen voornamelijk via zijn in Ierland, en het VK gevestigde fondsen, waarvoor deze gelieerde ondernemingen optreden als beleggingsbeheerder of subbeleggingsbeheerder. Hoewel bepaalde van deze gelieerde ondernemingen gemachtigd zijn of een licentie bezitten om zaken te doen in een of meer Europese rechtsgebieden, is het hen niet toegestaan hun beleggingsadviesdiensten in alle Europese rechtsgebieden aan te bieden. 

2.1 Wat moet ik weten over de juistheid van de informatie op deze website?

Er wordt geen garantie geboden met betrekking tot de informatie op deze website. Volgens Legg Mason Investments (Ireland) Limited zijn de informatie en de meningen die verstrekt worden op deze site accuraat op de datum van publicatie. De fondskoersen die op deze website worden vermeld, zijn louter indicatief en mogen niet worden gebruikt voor handelsdoeleinden. Voor koersinformatie klik hier.

Hoewel Legg Mason Investments (Ireland) Limited alle mogelijke inspanningen zal leveren om te verzekeren dat de informatie op deze website accuraat is en up-to-date wordt gehouden, kan het niet verantwoordelijk worden gesteld voor enige verliezen of schade die voortvloeien uit het gebruiken van verouderde of vervangen informatie op deze website.

2.2 Biedt deze website financieel advies?

Nee. Legg Mason Investments (Ireland) Limited geeft geen beleggingsadvies of -aanbevelingen met betrekking tot zijn productassortimenten of aangeboden diensten. Niets op deze website mag worden opgevat als beleggingsadvies of begrepen als het geven van beleggingsadvies of -aanbevelingen. Beleggingen in een fonds waarvan sprake is op deze website zijn mogelijk niet geschikt voor elke belegger.

Beleggen in een van de op deze website beschreven fondsen dient uitsluitend te gebeuren op basis van het desbetreffende prospectus, de essentiële beleggersinformatie of andere relevante fondsdocumenten die van tijd tot tijd gewijzigd kunnen worden.

2.3 Wat zijn de algemene risico's waarvan ik me bewust moet zijn alvorens informatie op deze website te raadplegen?
  • Resultaten uit het verleden vormen geen richtlijn voor de resultaten in de toekomst. U dient op te merken dat de prijzen van deelbewijzen en aandelen en de inkomsten daaruit zowel kunnen dalen als stijgen en dat u uw oorspronkelijk belegde bedrag mogelijk niet terugkrijgt. Het bedrag van de te ontvangen inkomsten stemt mogelijk niet overeen met de inkomsten die verwacht werden op het moment van de belegging.
  • Wisselkoersschommelingen kunnen een invloed uitoefenen op de waarde van een belegging en op de daaruit voortvloeiende inkomsten.
  • Als u een recht op annulering uitoefent, bestaat de mogelijkheid dat u het oorspronkelijk belegde bedrag niet volledig terugkrijgt als de koers van het deelbewijs of het aandeel gedaald is sinds het moment van de belegging.
  • Minderingen op kosten en uitgaven, met name de initiële verkoopprovisie, vinden niet op uniforme wijze plaats tijdens de volledige looptijd van de belegging, en als u uw belegging laat terugkopen in de beginjaren, bestaat de mogelijkheid dat u het oorspronkelijk belegde bedrag niet volledig terugkrijgt.
  • De beleggingsproducten en -diensten kunnen fiscale gevolgen hebben. Er kan geen waarborg geboden worden dat de fiscale positie of voorgestelde fiscale positie die bestaan op het moment van belegging niet gewijzigd zullen worden en deze zijn afhankelijk van de omstandigheden van de individuele belegger. U dient uw eigen belastingadviseur te raadplegen om de fiscale gevolgen van de producten en diensten op deze website te begrijpen.
  • Dividenden en meerwaarden op de effecten die zijn uitgegeven in de betreffende fondsen kunnen onderhevig zijn aan bronbelasting in de landen waar het betreffende fonds in belegt.
  • Het verwerven van deelbewijzen of aandelen kan een belegger blootstellen aan een aanzienlijk risico van het verliezen van het volledige belegde bedrag.
  • Een persoon die twijfelt over het beleggen in een van de op deze website beschreven fondsen dient een bevoegde persoon die gespecialiseerd is in dergelijke beleggingen te raadplegen.
  • Beleggen in financiële producten gaat gepaard met inherente risico's, die van product tot product verschillen. Voor volledige informatie over de risico's van producten, dient u het prospectus en het document met essentiële beleggersinformatie te lezen.
2.4 Is het fondsenassortiment op deze website beschikbaar voor "U.S. Persons"?

Nee, de fondsen zijn niet geregistreerd als beleggingsvennootschappen in de Verenigde Staten onder de U.S. Investment Company Act van 1940, zoals gewijzigd, en de aandelen van deze fondsen zijn niet geregistreerd onder de U.S. Securities Act van 1933, zoals gewijzigd ("Securities Act"), en ze zijn ook niet geregistreerd onder enige andere wet- of regelgeving in de Verenigde Staten. Aandelen van deze fondsen kunnen niet gekocht worden door "US Persons" zoals dit begrip gedefinieerd is in Regulation S van de Securities Act.

De informatie die verstrekt wordt op deze website is niet bestemd om verspreid te worden onder, of gebruikt te worden door, enige persoon of entiteit in de Verenigde Staten, of in een rechtsgebied of land waar dergelijke verspreiding of dergelijk gebruik tegenstrijdig zou zijn met de wet- of regelgeving, of die de fondsen die hier beschreven worden, Legg Mason Investments (Ireland) Limited (met inbegrip van zijn gelieerde ondernemingen) of hun producten of diensten zou onderwerpen aan enige vorm van registratie, vergunning of enige andere vereiste tot goedkeuring die geldt in deze rechtsgebieden of landen. Raadpleeg het prospectus en het aanbiedingsdocument van het toepasselijke fonds voor meer informatie.

2.5 Bevat deze website informatie van andere providers dan Legg Mason en zijn dochterondernemingen?

Ja. U heeft via deze website toegang tot marktgegevens zoals nieuws, analistenverslagen van derden, onderzoek, gegevens over de laatste verkooptransactie, koersnoteringen van effecten en andere gegevens die betrekking hebben op effecten en de effectenmarkten ("Marktgegevens"). Legg Mason Investments (Ireland) Limited kan deze Marktgegevens verkrijgen van derden, die onafhankelijk van Legg Mason Investments (Ireland) Limited opereren. Hoewel de op deze website verstrekte marktgegevensbronnen betrouwbaar geacht worden, is Legg Mason Investments (Ireland) Limited niet verantwoordelijk voor, en biedt het geen enkele garantie met betrekking tot de inhoud, accuraatheid, volledigheid, tijdigheid, geschiktheid of betrouwbaarheid van de Marktgegevens.

De Marktgegevens worden verstrekt "zoals ze zijn" en "zoals ze beschikbaar zijn". Legg Mason Investments (Ireland) Limited is niet verantwoordelijk voor gederfde winst, handelsverliezen of andere vormen van schade die voortvloeien uit inaccurate, gebrekkige of onbeschikbare Marktgegevens of andere informatie. Legg Mason Investments (Ireland) Limited is niet verplicht om Marktgegevens of andere gegevens die toegankelijk zijn via deze website bij te werken of te blijven aanbieden.

U kunt ook toegang hebben tot een website van derden. Legg Mason Investment (Ireland) Limited is op generlei wijze verantwoordelijk voor de inhoud van enige website die gekoppeld is aan deze website. De informatie waarop de gebruiker komt via een link is niet opgesteld noch bijgewerkt door Legg Mason Investment (Ireland) Limited, en Legg Mason Investment (Ireland) Limited heeft de informatie op een gekoppelde website niet herzien of bijgewerkt en zal dit ook niet doen. Legg Mason Investments (Ireland) Limited is niet verantwoordelijk voor, en biedt geen enkele garantie met betrekking tot, de inhoud, accuraatheid, volledigheid, tijdigheid, geschiktheid of betrouwbaarheid van de gekoppelde website.

2.6 Belangrijke informatie over de aansprakelijkheid

Legg Mason Investments (Ireland) Limited garandeert noch beweert dat de website te allen tijden toegankelijk zal zijn. De website kan, zonder kennisgeving, tijdelijk onbeschikbaar of beperkt toegankelijk zijn om administratieve of andere redenen.

U stemt ermee in om Legg Mason Investments (Ireland) Limited (inclusief zijn gelieerde ondernemingen of dochterbedrijven) en zijn managers, bestuurders, werknemers en agenten volledig en effectief te vrijwaren tegen acties, kosten, vorderingen, nadeel/nadelen, verliezen, schade, rechtszaken of uitgaven (inclusief maar niet beperkt tot wettelijke vergoedingen, kosten en uitgaven ongeacht de wijze waarop deze zich voordoen, waaronder vorderingen van een derde, op basis van een volledige schadevergoeding) die het gevolg zijn van of direct of indirect voortvloeien uit of betrekking hebben op:

(i) uw toegang tot en/of gebruik van de Legg Mason Investments (Ireland) Limited website en/of het gebruik door een derde of andere entiteit van de website en/of:

(ii) een inbreuk op of niet-naleving van een van deze algemene voorwaarden door u en/of een derde partij en/of:

(iii) de toepassing, het gebruik of leveren van informatie door u aan een derde partij in strijd met uw verplichtingen onder deze Algemene Voorwaarden.

2.7 Intellectueel eigendom

Alle auteursrechten, handelsmerken, logo's, dienstmerken, handelsnamen of ander intellectueel eigendom op, of gebruikt in samenhang met deze website zijn eigendom van Legg Mason, Inc, of een van de bedrijven van de Legg Mason groep. De inhoud van deze website is beschermd door de toepasselijke wet op het intellectuele eigendom. Legg Mason behoudt zich alle rechten voor met betrekking tot het bezit van het intellectuele eigendom van al het materiaal op deze website, en zal deze rechten voor zover wettelijk toegestaan, uitoefenen. Het materiaal dat toegankelijk is op of via deze website is uitsluitend toegankelijk voor browsen en afdrukken voor persoonlijke doeleinden. Het is de gebruikers van deze website niet toegestaan:

(i) materiaal van deze website te kopiëren, reproduceren, wijzigen, verkopen, herpubliceren, posten, verzenden of verspreiden zonder de uitdrukkelijke schriftelijke toestemming van Legg Mason Inc. (of een van zijn dochterondernemingen),

(ii) een naam, logo, tekst of afbeelding van Legg Mason Inc. (of een van zijn dochterondernemingen) te gebruiken, kopiëren, wijzigen of afbeelden zonder de uitdrukkelijke schriftelijke toestemming van Legg Mason;

(iii) pagina's, tekst, afbeeldingen of andere inhoud van deze website die "framingtechnologie" gebruikt, af te beelden zonder de uitdrukkelijke schriftelijke toestemming van Legg Mason Inc (of een van zijn dochterondernemingen);

(iv) de pagina's, tekst, afbeeldingen of andere inhoud van deze website te gebruiken voor andere doeleinden dan browsen of drukken voor persoonlijk, niet-commercieel gebruik; of

(v) stappen te ondernemen om de schijn van een verbond, sponsorschap of bekrachtiging tussen een gebruiker en/of de website en Legg Mason Inc. (of een van zijn dochterondernemingen) te creëren.

U stemt ermee in dat Legg Mason Investments (Ireland) Limited niet tot vertrouwelijkheid jegens u is gebonden inzake informatie of materialen die naar Legg Mason via deze website worden opgestuurd, tenzij anderszins overeengekomen in een afzonderlijke directe overeenkomst tussen u en Legg Mason Investments (Ireland) Limited.

U erkent dat de inhoud van de voorgaande bepalingen van deze algemene voorwaarden geen beperking is voor specifieke bepalingen die zijn uiteengezet in de individuele gebruiksvoorwaarden van bepaalde producten en diensten die door deze website worden aangeboden.

Verdere informatie

3.0 Wijzigingen in de inhoud van de website

Wij behouden ons het recht voor om, naar eigen keuze en zonder kennisgeving aan de gebruikers van de website, te allen tijde delen van deze Algemene voorwaarden te veranderen, te wijzigen, toe te voegen of te verwijderen. Eveneens behouden wij ons het recht voor om, naar eigen keuze, inhoud van deze website te veranderen, te wijzigen, toe te voegen of te verwijderen.

U moet van tijd tot tijd controleren of deze Algemene voorwaarden gewijzigd zijn. Eventuele veranderingen, wijzigingen, toevoegingen of schrappingen van deze Algemene voorwaarden zullen van kracht worden zodra ze op deze website gepubliceerd worden. Als u deze website bezoekt nadat we veranderingen hebben aangebracht aan deze Algemene voorwaarden, aanvaardt u de Algemene voorwaarden zoals gewijzigd.

3.1 Beleid inzake de privacy en de bescherming van de gegevens

Legg Mason Investments (Ireland) Limited hecht groot belang aan uw privacy. Met betrekking tot door u verstrekte of via deze website ontvangen informatie die persoonsgegevens bevat, hebben wij procedures voor het gebruik van deze informatie.

U erkent, tenzij beperkt door een toepasselijke wet, dat alle persoonlijke informatie/gegevens over u die wordt/worden verzameld door Legg Mason Investments (Ireland) Limited van deze website van tijd tot tijd gebruikt en bekendgemaakt kunnen worden voor doeleinden en personen in overeenstemming met het huidige Privacybeleid van Legg Mason Investments (Ireland) Limited. U kunt een exemplaar van het privacybeleid van Legg Mason Investments (Ireland) Limited verkrijgen door hier te klikken.

Legg Mason kan ook cookies gebruiken wanneer gebruikers deze website betreden. Raadpleeg ons cookiebeleid voor meer informatie.

3.2 Beëindiging

Legg Mason Investments (Ireland) Limited kan deze Overeenkomst, uw toegang tot of gebruik van deze website en/of andere vergelijkbare websites op elk moment beëindigen zonder kennisgeving of reden.

3.3 Wijziging

Legg Mason Investments (Ireland) Limited behoudt zich het recht voor om naar eigen keuze informatie of materialen in deze algemene voorwaarden of andere geldende algemene voorwaarden voor betrokken producten en/of diensten die beschikbaar zijn in of op deze website te wijzigen en/of te veranderen zonder beperking en zonder voorafgaande waarschuwing of kennisgeving.

Verder gebruik van deze website door u zal worden beschouwd als uw verdere instemming met nieuwe, gewijzigde, verwijderde of veranderde algemene voorwaarden.

Finland

Ehdot

Näillä sivuilla on tärkeitä juridisia ja yleisiä tietoja Legg Mason, Inc. -yhtiöstä ja sen tytäryhtiöistä. Selaa alaspäin lukeaksesi nämä osat. Jos et ole samaa mieltä jonkin tämän osan aiheesta, älä hyväksy sitä äläkä avaa sivustoa. Sivustoa käyttävien tulee valita oma asuinmaansa tai sijoittajastatuksensa, eivätkä he saa käyttää muiden maiden osioita eivätkä katsoa sisältöä, jota ei ole suunnattu asuinmaalle tai valitulle sijoittajastatukselle.  Tätä sivustoa ei ole tarkoitettu sinulle, jos Legg Mason, Inc. ja/tai jokin sen sijoitustytäryhtiö on kielletty jonkin oikeudenkäyttöalueesi lain perusteella, joka kieltää tämän sivuston tietojen käyttöoikeuden sinulta. Sivustoa ei ole tarkoitettu käytettäväksi tavalla, joka on vastoin paikallisia lakeja tai määräyksiä. 

Tätä sivustoa ei ole tarkoitettu millekään oikeudenkäyttöalueelle kuin niille, joihin pääsee kansainväliseltä sivustolta yllä. Tällä sivustolla kuvattuja tuotteita ei ole rekisteröity Yhdysvaltain osakelain (United States Securities Act of 1933) mukaan eikä niitä tarjota tai myydä Yhdysvaltain kansalaisille tai maassa asuville henkilöille.

Lue seuraavat ’tärkeät tiedot’ ja vahvista, että hyväksyt tämän sivuston käyttöehdot ja käytät ainoastaan asuinmaahasi liittyviä tietoja. Lainkäyttöalueesta riippuen et ehkä pääse kaikkiin rahastovalikoimiin tai rahastoihin tällä sivustolla.

Vakuutan lukeneeni ja hyväksyväni tämän sivuston käyttöehdot, vakuutan myös käyttäväni ja katsovani vain asuinmaassani saatavilla olevien tuotteiden tietoja. Napsauttamalla ’hyväksyn’ alla annan suostumukseni, että tälle laitteelle tallennetaan evästeitä valintojeni  muistamiseksi ja käyttöni seuraamiseksi. Katso lisätietoja evästemenettelystämme.

Johdanto

1.0 Lyhyt johdanto tälle sivustolle

Tämä sivusto on tarkoitettu vain antamaan tietoja eikä se esitä minkään sellaisen arvopaperin myynti- tai ostotarjousta, johon tällä sivustolle voidaan viitata, jos sen tarjoaminen, kehottaminen tai jakelu olisi lainvastaista tai jonka tarjoamiseen tai ehdottamiseen kehottamiseen henkilöllä ei ole pätevyyttä tai tarjouksen tai ehdotuksen tekee henkilö, jolle se on lainvastaista. Tämä sivusto Legg Mason Investments (Ireland) Limited -yhtiön tai sen tässä mainitun tytäryhtiön tarjous tai suositus, joka koskisi jotain arvopaperia, sijoituksen hoitopalvelua tai neuvontapalvelua. Tämän sivuston kautta ei anneta mitään sijoitus- tai veroneuvoja, eikä juridista neuvontaa, ja sitoudut olemaan käyttämättä sitä näihin tarkoituksiin. Sivustolla ei anneta mitään viitettä siitä, että sillä esiteltävät tai sillä viitattavat arvopaperit, tuotteet tai palvelut sopivat tietylle sijoittajalle. Tämä sivuston linkeissä mainitut tuotteet ja palvelut ovat kyseessä olevan oikeudenkäyttöalueen lakien ja määräysten alaisia ja ne eivät ehkä ole saatavissa kaikilla alueilla. Sijoittajien tulee ottaa huomioon huolella kaikki riskit, mukaan lukien tällä sivustolla kuvatut tuotteen erityisriskit, ennen sijoittamista minkään rahaston osuuteen tai osakkeeseen, ja heidän on hankittava sijoitus-, laki-, kirjanpito- tai veroneuvontaa tai muuta asiantuntijaneuvontaa tarpeen mukaan.

Yksikään henkilö tai yhtiö (mukaan lukien muut rahoitusalaan liittyvät yhtiöt) eivät saa linkittää sivustojaan tähän sivustoon ilman Legg Mason Investments (Ireland) Limited -yhtiön antamaa nimenomaista lupaa.

1.1 Kuka on tämän sivuston hoitaja?

Tämän verkkosivuston omistaa ja sitä hallinnoi Legg Mason Investments (Ireland) Limited, joka on Legg Mason, Inc. -yhtiön (”Legg Mason”), Yhdysvalloissa sijaitsevan rahoituspalvelujen holding-yhtiön, joka on listattu ja josta käydään kauppaa New Yorkin pörssissä, kokonaan omistama tytäryhtiö. Ellei toisin mainita, kaikki tämän sivuston tiedot on hyväksytty julkaistaviksi seuraavan yhtiön toimesta: Legg Mason Investments (Ireland) Limited, rekisteröity toimipaikka 6th Floor, Building Three, Number One Ballsbridge, 126 Pembroke Road, Ballsbridge, Dublin 4, D04 EP27, Ireland. Rekisteröity Irlannissa, yrityksen nro 271887. Irlannin keskuspankin valtuuttama ja sääntelemä. 

2.0 Kuvaileeko tämä sivusto Legg Masonin sijoitustenhoitokykyä?

Kyllä. Tämä sivusto voi antaa myös tietoja joistain sijoitusten hoitajista riippuen omasta lainkäyttöalueestasi.

Kaikki tällä sivustolla esitellyt sijoitustenhoitoyhtiöt (lukuun ottamatta Shiozumi Asset Management -yhtiötä) ovat yhteydessä Legg Mason Investments (Ireland) Limited-yhtiöön yhteisen valvojan ja omistajan Legg Mason, Inc -yhtiön välityksellä. Legg Mason Investments (Ireland) Limited tarjoaa asiakkailleen pääsyn näihin tytäryhtiöihin ensisijassa sen omistamien Irlannissa, Luxemburgissa ja Yhdistyneessä kuningaskunnassa toimivien rahastojen kautta, joissa muut tytäryhtiöt toimivat sijoitusten hoitajina tai alihoitajina. Vaikka jotkin tytäryhtiöt ovat saanet luvan tai käyttöoikeuden harjoittaa liiketoimintaa yhdellä tai useammalla Euroopan oikeudenkäyttöalueella, niillä ei ehkä ole lupaa tarjota sijoitusneuvontaa kaikilla Euroopan lainkäyttöalueilla.

2.1 Mitä pitäisi tietää tämä sivuston sisältämien tietojen täsmällisyydestä?

Tämän sivuston sisältämille tiedoille ei anneta mitään takuita. Legg Mason Investments (Ireland) Limited uskoo, että tällä sivustolla olevat tiedot ja sillä esitetyt mielipiteet ovat oikeellisia niiden julkaisupäivänä. Kaikki tällä sivustolla olevat rahastohinnat ovat viitteellisiä eikä niihin saa luottaa kaupantekotarkoituksessa. Jos kaipaat hintatietoja, napsauta tästä.

Vaikka Legg Mason Investments (Ireland) Limited pyrkii tekemään kohtuullisesti voitavansa varmistaakseen, että tällä sivustolla olevat tiedot ovat täsmällisiä ja ajan tasalla, yhtiötä ei voi pitää vastuussa menetyksistä tai vahingoista, jotka aiheutuvat tämän sivuston vanhentuneiden tai virheellisten tietojen käytöstä.

2.2 Tarjoaako tämä sivusto sijoitusneuvontaa?

Ei. Legg Mason Investments (Ireland) Limited ei anna sijoitusneuvontaa tai suosituksia tarjolla olevan tuote- tai palveluvalikoiman suhteen. Mitään tämän sivuston sisältöä ei tule pitää sijoitusneuvontana tai suositusten antamisena.

Sijoittaminen joihinkin tällä sivustolla mainittuihin rahastoihin ei ehkä sovi kaikille sijoittajille. Sijoitettaessa mihin tahansa tällä sivustolla kuvattuun rahastoon, päätös tulee tehdä vain oikea rahastoesitteen, sijoittajan avaintietojen tai muiden relevanttien asiakirjojen perusteella, joita voidaan täydentää aika ajoin.

2.3 Mistä riskitekijöistä pitäisi tietoinen ennen tämän sivuston tietoihin menoa?
  • Aiempi tuotto ei takaa tulevaa tuottoa. Huomaa, että osuuksien tai osakkeiden hinta ja niistä saatavat tulot voivat nousta tai laskea etkä ehkä alussa sijoittamaasi summaa takaisin. Saatavat tulot voivat erota sijoituksen tekemisen yhdessä ennakoiduista tuloista.
  • Vaihtokurssien vaihtelut voivat vaikuttaa sijoituksen arvoon ja siitä saatavaan tuloon.
  • Jos käytät perumisoikeuttasi, et ehkä saa alkusijoitussummaa takaisin, jos osakkeen tai osuuden arvo on laskenut sen jälkeen, kun teit sijoituksen.
  • Vähennettävät maksut ja kulut, erityisesti merkintäkulut, eivät ole samoja sijoituksen koko elinaikana, joten jos nostat sijoituksesi ensimmäisinä vuosina, et ehkä saa sijoittamaasi summaa takaisin.
  • Sijoitustuotteilla tai -palveluilla voi olla verotukseen liittyviä seuraamuksia. Ei ole olemassa mitään takuuta, että sijoitusta tehtäessä sovellettavat verot eivät muutu, ja riippuvat henkilön tilanteesta. Sijoittajan on otettava yhteyttä omaan veroneuvojaansa saadakseen tietoja tämän sivuston tuotteiden tai palveluiden veroseurauksista.
  • Rahaston maksamat arvopaperien osingot ja pääomatulot voivat olla verotettavia maissa, joissa rahasto tekee sijoituksia.
  • Osuuksien tai osakkeiden hankinta voi asettaa sijoittajan alttiiksi riskille menettää koko sijoitussumman.
  • Jos sijoittajalla on epäilyksiä jostain tällä sivustolla kuvatuista rahastoista, on käännyttävä tällaisista sijoituksista valtuutetun neuvonantajan puoleen.
  • Sijoittaminen rahoitustuotteisiin sisältää aina riskejä, jotka vaihtelevat tuotteesta toiseen. Kaikkien tuotteiden täydelliset riskitiedot tulee lukea esitteestä tai sijoittajan avaintiedoista.
2.4 Onko tämän sivuston rahastovalikoima saatavissa  "U.S. Persons” -määritelmän täyttäville henkilöille?

Ei, rahastoja ei ole rekisteröity sijoitusyhtiöiksi 'Yhdysvalloissa' U.S. Investment Company Act of 1940 -lain (täydennyksineen), eikä näiden rahastojen osakkeita ole rekisteröity U.S. Securities Act of 1933 -lain (täydennyksineen) mukaan ("Arvopaperilaki") eikä niitä ole rekisteröity minkään muun lain tai määräyksen mukaan 'Yhdysvalloissa. Rahastoiden osakkeet eivät ole tarjolla arvopaperilain määräyksen S  "U.S. Persons"-määritelmän täyttävien henkilöiden ostettaviksi.

Tällä sivustolla annettavia tietoja ei ole tarkoitettu henkilöiden tai yksiköiden jaettavaksi tai käytettäväksi ’Yhdysvalloissa’ tai millään muulla oikeudenkäyttöalueella tai maassa, jossa jakelu olisi vastoin lakeja ja määräyksiä tai missä se aiheuttaisi sen, että tässä mainitut rahastot, Legg Mason Investments (Ireland) Limited-yhtiö (ja sen tytäryhtiöt) tai jotkin niiden tuotteet tai palvelut täytyisi rekisteröidä,  ne vaatisivat toimiluvan tai muun valtuutuksen hankkimista tällaisessa maassa tai oikeudenkäyttöalueella. Katso lisätietoja kyseisen rahaston esitteestä ja tarjousasiakirjoista.

2.5 Onko tällä sivustolla sisältöä muilta ulkopuolisilta palveluntarjoajilta kuin Legg Masonilta ja sen tytäryhtiöiltä?

Kyllä. Tämän sivuston välityksellä käyttäjällä on pääsy markkinointitietoihin, kuten uusimpiin uutisraportteihin, kolmannen osapuolen analyysiraportteihin, tutkimuksiin, uusimpiin tapahtumatietoihin, arvopaperien hintoihin ja muihin arvopapereihin ja markkinoihin liittyviin tietoihin ("Markkinatiedot"). Legg Mason Investments (Ireland) Limited voi saada näitä markkinointitietoja kolmansilta osapuolilta, jotka ovat riippumattomia Legg Mason Investments (Ireland) Limited -yhtiöstä. Vaikka sivuston tarjoamien markkinatietojen uskotaan olevan luotettavia Legg Mason Investments (Ireland) Limited ei ole vastuussa eika anna mitään takuuta markkinointitietojen täsmällisyydestä, täydellisyydestä, ajanmukaisuudesta, sopivuudesta tai luotettavuudesta.

Markkinointitiedot annetaan ”sellaisenaan” tai ”saatavuuden mukaan". Legg Mason Investments (Ireland) Limited ei ole vastuussa menetetyistä voitoista, kaupankäynnin menetyksistä tai muista vahingoista, jotka aiheutuvat epätäsmällisistä, vääristä tai puutteellisista markkinatiedoista tai muista tiedoista. Legg Mason Investments (Ireland) Limited -yhtiölle ei ole velvollisuutta päivittää markkinatietoja tai muita tämän sivuston kautta käytettävissä olevia tietoja tai jatkaa niiden tarjoamista.

Voit päästä kolmannen osapuolen sivustolle. Legg Mason Investment (Ireland) Limited ei ole missään tapauksessa vastuussa sisällöstä, joihin voi päästä tämän sivuston linkin kautta. Tiedot, joihin käyttäjä linkittyy, eivät ole Legg Mason Investment (Ireland) Limited -yhtiön tai Legg Mason Investment (Ireland) Limited -yhtiön valmistelemia tai ylläpitämiä eivätkä em. yhtiöt tarkista tai päivitä tietoja nyt tai tulevaisuudessa. Legg Mason Investment (Ireland) Limited ei anna mitään takuuta, että tähän sivustoon linkitetyt tiedot ja sisältö olisivat täsmällisiä, täydellisiä, ajantasaisia, sopivia tai luotettavia.

2.6 Tärkeitä vastuuta koskevia tietoja

Legg Mason Investments (Ireland) Limited ei takaa, että sivusto on jatkuvasti käytettävissä. Sivusto voi olla väliaikaisesti poissa käytöstä tai sille pääsyä rajoitetaan hallinnollisista tai muista syistä ilman erillistä ilmoitusta.

Suostut korvaamaan Legg Mason Investments (Ireland) Limited -yhtiölle (mukana lukien sen tytäryhtiön ja muut konsernin liittyvät yhtiöt) ja niiden työntekijöille, johtajille ja edustajille täysimääräisesti kaikki kulut, jotka aiheutuvat oikeustoimista, maksuvaatimuksista, vammoista, menetyksistä, vahingoista tai muista kuluista (mukaan lukien niihin kuitenkaan rajoittumatta oikeudenkäyntikulut, maksut ja korvaukset mistä syystä tahansa mukana lukien kolmansien osapuolten vaatimukset täysimääräisesti), jotka johtuvat tai aiheutuvat suoraan tai epäsuoraan seuraavista seikoista:

(i) Käyttäjän ja/tai kolmannen osapuolen pääsy Legg Mason Investments (Ireland) Limited -sivustolle tai sen käyttö ja/tai kolmannen tahon  tai yksikön sivuston käyttö.

(ii) Käyttäjän ja/tai jonkin kolmannen tahon aiheuttama näiden ehtojen rikkominen tai laiminlyöminen ja/tai:

(Iii) Käyttäjän kolmannen osapuolen puolesta tekemä tietojen käyttö tai tarjoaminen näiden käyttöehtojen vastaisesti.

2.7 Immateriaaliomistusoikeus

Kaikki tekijänoikeudet, tavaramerkit, logot, palvelumerkit ja muu immateriaaliomaisuus tällä sivustolla tai siihen liittyen ovat Legg Mason, Inc -yhtiön tai jokin Legg Mason -konsernin yhtiön omaisuutta. Tämän sivuston sisältö on suojattu immateriaaliomisoikeutta koskevalla lainsäädännöllä. Legg Mason, Inc. varaa kaikki immateriaaliomistusoikeudet tämän sivuston materiaaliin ja käyttää näitä oikeuksia lain sallimissa rajoissa. Tällä sivustolla oleva tai sen kautta nähtävissä oleva materiaali on käytettävissä vain henkilökohtaiseen katsomiseen tai tulostamiseen. Tämän sivuston käyttäjät eivät saa:

(i) kopioida, myydä, julkaista uudelleen, postittaa, lähettää tai jaella millään tavalla tämän sivuston materiaalia ilman Legg Mason Inc.-yhtiön (tai jonkin sen tytäryhtiön) nimenomaan antamaa kirjallista lupaa.

(ii) käyttää, kopioida, muuttaa tai esittää Legg Mason Inc. -yhtiön (tai jonkin sen tytäryhtiön) nimeä, logoa, tekstiä tai graafista kuvaa ilman Legg Mason -yhtiön nimenomaan antamaa kirjallista lupaa.

(iii) esittää mitään sivuja, tekstiä, kuvia tai muuta tämän sivuston sisältöä käyttäen “framing”-tekniikkaa ilman Legg Mason Inc -yhtiön (tai jonkin sen tytäryhtiön) nimeen omaan antamaa kirjallista lupaa.

(iv) muuttaa tai käyttää sivuja, tekstiä, kuvia tai muuta tämän sivuston sisältöä muuhun tarkoitukseen, kuin henkilökohtaiseen selaamiseen tai tulostamiseen ei-kaupalliseen tarkoitukseen, tai

(v) ryhtyä sellaisiin toimiin, jotka antavat kuvan, että käyttäjä on osa yhtiötä tai on olemassa sponsorointisuhden käyttäjän ja/tai sivuston sekä Legg Mason Inc.-yhtiön (tai sen tytäryhtiön) välillä.

Hyväksyt sen, että  Legg Mason Investments (Ireland) Limited ei ole velvoitettu luottamuksellisuuteen sellaisten tietojen kohdalla, jotka sille annetaan tätä sivustoa käytettäessä, ellei muuta sovita käyttäjän ja Legg Mason Investments (Ireland) Limited -yhtiön välisellä sopimuksella.

Ymmärrät, että yllä olevien ehtojen määräykset ja ehdot eivät rajoita tiettyjen näillä sivustolla tarjottavien yksittäisten tuotteiden ja palveluiden erityisehtoja.

Muita tietoja

3.0 Tämän sivuston muutokset

Varaamme oikeuden muuttaa tai täydentää näitä käyttöehtoja tai poistaa niiden osia koska tahansa ilmoittamatta käyttäjälle asiasta. Varaamme myös oikeuden muuttaa tai täydentää näiden sivujen sisältöä tai poistaa niiden osia koska tahansa.

Ehdot täytyy tarkistaa säännöllisesti muutosten havaitsemiseksi. Käyttöehtojen muutokset, lisäykset tai poistot astuvat voimaan heti, kun ne on julkistettu sivustolla. Jos tulet sivustolle sen jälkeen, kun olemme tehneet ehtoihin muutoksia, hyväksyt muutetut ehdot.

3.1 Tietosuojamenettely ja tietojen suojelu

Sinun tietojesi suojelu on hyvin tärkeää Legg Mason Investments (Ireland) Limited -yhtiölle. Koska meille tämän sivuston kautta antamasi tiedot ovat henkilötietoja, meillä on käytössä toimenpidesarja tietojen käyttämiseksi.

Ellei sovellettava lainsäädäntö rajoita sitä, suostut siihen, että kaikki Legg Mason Investments (Ireland) Limited -yhtiön tältä sivustolta keräämiä henkilötietoja/sinuun liittyviä tietoja voidana käyttä ja ne voidaan paljastaa sellaisiin tarkoituksiin ja sellaisille henkilölle, jotka hyväksyvät Legg Mason Investments (Ireland) Limited -yhtiön nykyisen tietosuojamenettelyn. Voit katsoa Legg Mason Investments (Ireland) Limited -yhtiön tietosuojamenettelyä napsauttamalla tästä.

Legg Mason voi käyttää evästeitä käyttäjien tullessa tälle sivustolle, jos lisätietoja, katso evästemenettelyämme.

Huomaa, että jos soitat Legg Mason Investments (Ireland) Limited -yhtiölle, puheluja voidaan seurata tai tallentaa palveluittemme ylläpitämiseksi tai parantamiseksi.

3.2 Irtisanominen

Legg Mason Investments (Ireland) Limited varaa oikeuden irtisanoa tämä sopimus ja keskeyttää pääsysi tälle sivustolle ja/tai muilla sivustoille koska tahansa syytä ilmoittamatta.

3.3 Muutokset

Legg Mason Investments (Ireland) Limited rajaa oikeuden omasta harkinnastaan muuttaa rajoituksetta ilman ennakkoilmoitusta kaikkia näissä ehdoissa tai muissa sovellettavissa määräyksissä olevia tietoja tai materiaalia, jotka koskevat tällä sivustolla tai muuten saatavilla olevia tuotteita ja/tai palveluita.

Kun käytät edelleen näitä sivuja, sen katsotaan olevan osoitus siitä, että hyväksyt uudet muutetut, poistetut tai täydennetyt käyttöehdot.

Belgium and France

Conditions Générales

Le présent site Internet contient des informations importantes d’ordres juridique et général relatives à Legg Mason, Inc. et ses filiales d’investissement. Veuillez faire défiler vers le bas pour lire ces parties. Si vous êtes en désaccord ou ne marquez pas votre consentement vis-à-vis d’une quelconque partie, veuillez ne pas accepter de visiter le site Internet. Les personnes visitant ce site Internet doivent sélectionner leur pays de résidence ou leur statut d’investisseur et ne peuvent avoir accès à aucun autre pays ni consulter des informations n’étant pas destinées au pays de résidence ou au statut d’investisseur applicable. Le présent site Internet ne vous est pas destiné si toute législation d’un quelconque pays interdit à Legg Mason, Inc. et/ou ses filiales d’investissement de vous fournir les informations contenues sur le présent site et il n’est destiné à aucune utilisation qui serait contraire à la législation ou la réglementation locale. 

Le présent site Internet ne s’adresse à aucun autre pays ou territoire que ceux accessibles depuis le site international ci-dessus. Les produits décrits sur le présent site Internet n’ont pas été enregistrés en vertu du United States Securities Act de 1933 et ne sont pas offerts et ne peuvent pas être vendus aux États-Unis ou à des citoyens ou résidents américains.

Veuillez lire les « informations importantes » ci-après et confirmer que vous acceptez les conditions d’utilisation du présent site Internet et que vous consulterez uniquement des informations relatives à votre pays de résidence. En fonction du pays dans lequel vous résidez, il est possible que vous n’ayez pas accès à l’ensemble des gammes de fonds ou des fonds disponibles sur le présent site.

Je confirme avoir lu et accepter les conditions d’utilisation du présent site Internet et que je consulterai uniquement des informations relatives à des produits disponibles dans mon pays de résidence. En appuyant sur le bouton « accepter » ci-dessous, je marque également mon accord quant à l’implantation de cookies sur le présent ordinateur pour retenir mes préférences au sujet du site et suivre l’activité des utilisateurs. En savoir plus au sujet de notre politique en matière de cookies.

Introduction

1.0 Brève introduction au sujet du présent site Internet

Le présent site Internet est proposé à des fins d’information uniquement et ne constitue pas une offre de vente ou une sollicitation d’offre d’achat d’un quelconque titre auquel il peut être fait référence sur le présent site Internet ou par le biais de ce dernier dans un quelconque pays ou territoire dans lequel une telle offre, sollicitation ou distribution ne serait pas légale, ou dans lequel la personne faisant une telle offre ou sollicitation n’est pas admise à le faire, ou à toute personne à laquelle il est illégal de faire une offre ou sollicitation de ce type. Le présent site Internet ne constitue pas non plus une offre ou une recommandation, de la part de Legg Mason Investments (Ireland) Limited ou d’une quelconque de ses sociétés affiliées décrites dans les présentes, de tout titre, service de gestion d’investissements ou de service de conseil. Le présent site Internet ne fournit aucun conseil d’investissement, conseil fiscal ou conseil juridique et vous acceptez de ne pas utiliser le présent site Internet à de telles fins. Aucune déclaration n’est faite disant que les titres, les produits ou les services dont il est question sur le présent site Internet, ou accessibles par le biais de ce dernier, conviennent à tout investisseur en particulier. Les produits et les services mentionnés dans tout lien dirigeant vers le présent site ou sur le présent site sont sujets à des exigences d’ordres juridique et réglementaire dans les pays applicables et peuvent ne pas être disponibles dans tous les pays. Les investisseurs sont priés d’examiner avec soin tous les risques, y compris l’ensemble des risques spécifiques aux produits décrits dans le présent site Internet, avant d’investir dans toute part ou action d’un quelconque fonds et doivent consulter des conseillers financiers, juridiques, comptables, fiscaux ou tout autre conseiller pertinent en tant que de besoin.

Ni personne ni aucune société (y compris d’autres sociétés liées au secteur financier) ne peut afficher sur son site Internet un lien menant au présent site Internet sans l’accord exprès de Legg Mason Investments (Ireland) Limited.

1.1 Qui exploite ce site Internet ?

Ce site Internet est détenu et exploité par Legg Mason Investments (Ireland) Limited, une filiale à 100 % de Legg Mason, Inc. (« Legg Mason »), société holding américaine de services financiers, cotée et négociée à la Bourse de New York (New York Stock Exchange). Sauf indication contraire, toutes les informations contenues sur ce site sont approuvées pour la publication par Legg Mason Investments (Ireland) Limited, siège social au 6th Floor, Building Three, Number One Ballsbridge, 126 Pembroke Road, Ballsbridge, Dublin 4, D04 EP27, Ireland. Enregistré en Irlande sous le matricule 271887. Agréé et réglementé par la Banque Centrale d'Irlande.

2.0 Ce site Internet décrit-il les capacités de Legg Mason en matière de gestion d’investissements?

Oui. Le présent site Internet peut également contenir de l’information sur certains gestionnaires d’investissements en fonction du pays dans lequel vous résidez.

Chacune des sociétés de gestion d’investissements décrites dans le présent site Internet (à l’exception de Shiozumi Asset Management) est affiliée à Legg Mason Investments (Ireland) Limited par le biais d’un contrôle et d’une propriété communs par Legg Mason, Inc. Legg Mason Investments (Ireland) Limited fournit à ses clients un accès auxdites sociétés affiliées essentiellement par le biais de ses fonds maison domiciliés en Irlande, et au Royaume-Uni dans lesquels lesdites sociétés affiliées font office de gestionnaire d’investissements ou de sous-gestionnaire d’investissements. Alors que certaines filiales sont autorisées ou habilitées à exercer leurs activités dans une ou plusieurs juridictions européennes, elles peuvent ne pas être autorisées à offrir leurs services de conseil en investissement dans toutes les juridictions européennes. 

2.1 Que dois-je savoir au sujet de l’exactitude des informations contenues dans le présent site Internet?

Aucune garantie n’est donnée quant aux informations contenues dans le présent site Internet. Legg Mason Investments (Ireland) Limited estime que les informations contenues dans le présent site Internet et les opinions y étant exprimées sont exactes à la date de leur publication. Tout prix de fonds contenu dans le présent site Internet est uniquement communiqué à titre indicatif et il ne faut pas s’y fier à des fins de négociation. Pour des informations concernant les prix, cliquer ici.

Legg Mason Investments (Ireland) Limited fera tous les efforts raisonnables pour s’assurer que les informations contenues dans le présent site Internet sont exactes et tenues à jour, mais elle ne pourra pas être tenue responsable de toute perte ou de tout dommage encouru en conséquence de l’utilisation de toute information obsolète ou remplacée par d’autres informations sur le présent site Internet.

2.2 Le présent site Internet propose-t-il des conseils financiers?

Non. Legg Mason Investments (Ireland) Limited ne donne pas de conseils ou de recommandations d’investissement concernant ses gammes de produits ou des services offerts. Aucun élément contenu dans le présent site Internet ne doit être interprété comme une fourniture de conseils ou une recommandation d’investissement. Un investissement dans l’un des quelconques fonds mentionnés dans le présent site Internet peut ne pas convenir à tous les investisseurs.

L’investissement dans l’un des quelconques fonds décrits dans le présent site Internet doit uniquement être effectué sur la base du prospectus concerné, du document d’information clé pour l’investisseur ou d’autres documents du fonds pertinents pouvant être modifiés au besoin.

2.3 Quels sont les facteurs de risque généraux dont je devrais être conscient avant de consulter les informations du présent site Internet?
  • Les performances passées ne préjugent pas des rendements futurs. Veuillez noter que le prix des parts ou actions et les revenus qu’elles produisent peuvent aussi bien baisser qu’augmenter et qu’il est possible que vous ne récupériez pas le montant investi à la base. Les revenus à recevoir peuvent différer du montant des revenus prévu au moment où l’investissement a été effectué.
  • Les variations de taux de change peuvent avoir une influence sur la valeur d’un investissement et sur tout revenu en étant tiré.
  • Si vous exercez tout droit d’annulation, il est possible que vous ne récupériez pas le montant initialement investi si le prix des parts ou des actions a baissé depuis le moment où vous avez investi.
  • Les déductions de frais et dépenses, particulièrement des frais d’entrée, ne sont pas réalisées de manière uniforme au cours de la vie de l’investissement. Par conséquent, si vous demandez le rachat de l’investissement pendant les premières années, il est possible que vous ne récupériez pas le montant investi.
  • Les produits et services d’investissement peuvent avoir des conséquences fiscales. Aucune garantie ne peut être donnée que la situation fiscale ou la situation fiscale proposée en vigueur au moment d’un investissement ne changera pas et elle est sujette à la situation d’un individu. Vous devez consulter votre propre conseiller fiscal afin de comprendre les conséquences fiscales liées aux produits et services présentés sur le présent site Internet.
  • Les dividendes et les plus-values sur les titres émis dans les fonds concernés peuvent être sujets à une retenue à la source imposée par les pays dans lesquels chaque fonds individuel investit.
  • L’acquisition de parts ou d’actions peut exposer l’investisseur à un risque significatif de perte de la totalité du montant investi.
  • Toute personne ayant le moindre doute concernant l’investissement dans un quelconque des fonds décrits dans le présent site Internet doit consulter une personne agréée spécialisée dans le conseil à propos d’investissements de ce type.
  • L’investissement dans des produits financiers comporte des risques inhérents, qui varient en fonction du produit. Pour des informations complètes au sujet des risques liés à un quelconque produit, reportez-vous au prospectus et au document d’information clé pour l’investisseur.
2.4 Les gammes de fonds mentionnées sur ce site Internet sont-elles accessibles aux « Ressortissants américains » (U.S. Persons)?

Non. Les fonds ne sont pas enregistrés en tant que sociétés d’investissement aux États-Unis en vertu du U.S. Investment Company Act de 1940, tel qu’amendé, et les actions de ces fonds ne sont pas enregistrées en vertu de l’U.S. Securities Act de 1933, tel qu’amendé (le « Securities Act »), ni enregistrées conformément à toute autre loi ou tout autre règlement en vigueur aux États-Unis. Les actions des fonds ne sont pas offertes à la souscription aux « Ressortissants américains » (US Persons) au sens du Règlement S du Securities Act.

Les informations fournies sur le site Internet ne sont pas destinées à être diffusées ou utilisées par quiconque ou une quelconque entité aux États‑Unis ou dans tout territoire ou pays au sein desquels cette distribution ou cette utilisation seraient contraires à la législation ou à la réglementation ou qui imposerait à l’un quelconque des fonds décrits dans les présentes, à Legg Mason Investments (Ireland) Limited (y compris ses sociétés affiliées) ou à tout produit ou service qu’ils offrent, de s’enregistrer, d’obtenir une licence ou une autre autorisation au sein dudit territoire ou pays. Veuillez consulter le prospectus et le document d’offre du fonds concerné pour davantage d’informations.

2.5 Le présent site Internet contient-il des informations provenant d’autres sources que Legg Mason et ses filiales?

Oui. Par l’intermédiaire du présent site Internet, vous pouvez avoir accès à des données de marché telles que des rapports d’actualité, des rapports d’analystes externes, des rapports de recherche, des données sur les dernières opérations de vente, des cotations de valeurs mobilières et autres informations sur des valeurs mobilières et leurs marchés (« Données de marché »). Legg Mason Investments (Ireland) Limited peut obtenir ces Données de marché de tiers indépendants de Legg Mason Investments (Ireland) Limited. Bien que les sources des Données de marché fournies sur le présent site Internet soient jugées fiables, Legg Mason Investments (Ireland) Limited ne saurait être tenue responsable du contenu, de l’exactitude, du caractère exhaustif, actuel, approprié ou fiable des Données de marché et n’émet aucune garantie à ces égards.

Les Données de marché sont fournies « telles quelles » et selon leur disponibilité. Legg Mason Investments (Ireland) Limited ne saurait être tenue responsable de quelque manque à gagner, perte découlant d’une opération ou autre dommage résultant de Données de marché ou autres informations inexactes, défectueuses ou indisponibles. Legg Mason Investments (Ireland) Limited n’est aucunement tenue de mettre à jour ou de continuer à fournir les Données de marché ou autres informations accessibles par le biais du présent site Internet.

 Vous pouvez également avoir accès au site Internet d’un tiers. Legg Mason Investments (Ireland) Limited ne saurait être tenue en aucune manière responsable du contenu de tout site Internet vers lequel renvoie le présent site Internet. Les informations vers lesquelles le site Internet renvoie l’utilisateur ne sont ni préparées ni actualisées par Legg Mason Investments (Ireland) Limited, et Legg Mason Investments (Ireland) Limited ne vérifie pas et ne vérifiera pas, ni ne mettra à jour les informations contenues sur un site Internet tiers relié par hyperlien. Legg Mason Investments (Ireland) Limited n’est pas responsable et n’offre aucune garantie relative aux contenus, à l’exactitude, à l’exhaustivité, à l’actualité, à la pertinence ou à la fiabilité du site Internet relié par hyperlien.

2.6 Informations importantes concernant la responsabilité

Legg Mason Investments (Ireland) Limited n’offre aucune garantie et ne fait aucune déclaration concernant le fait que le site Internet soit accessible à tout moment. Le site Internet peut, sans préavis, être temporairement indisponible ou son utilisation peut être limitée pour des raisons administratives ou d’autre nature.

Vous acceptez d’indemniser et de tenir Legg Mason Investments (Ireland) Limited (y compris ses sociétés affiliées et associées) et ses administrateurs, directeurs, employés et agents complètement et effectivement indemnes de toute contestation, tout coût, toute revendication, blessure, perte, tout dommage, toute poursuite ou dépense (y compris, sans toutefois s’y limiter, tous frais, coûts et dépenses juridiques quels qu’ils soient et quelle que soit leur origine, y compris au titre de toute revendication d’un tiers, sur la base d’une indemnisation totale) occasionné par ou découlant directement ou indirectement de ou lié à :

(i) votre consultation et/ou utilisation du site Internet de Legg Mason Investments (Ireland) Limited et/ou de l’utilisation du site Internet par toute autre personne ou entité tierce et/ou ;

(ii) toute violation ou non-observation d’une quelconque de ces conditions par vous et/ou tout autre tiers et/ou ;

(iii) l’exploitation, l’utilisation ou la fourniture d’informations, par vous à un tiers, en violation d’une quelconque de vos obligations en vertu des présentes Conditions.

2.7 Propriété intellectuelle

Tous les copyrights, marques commerciales, logos, marques de service, appellations commerciales ou autres propriétés intellectuelles diffusés sur le présent site Internet ou utilisés en relation avec ce dernier appartiennent à Legg Mason, Inc., ou à une des sociétés du groupe Legg Mason. Le contenu du présent site Internet est protégé par la loi applicable en matière de propriété intellectuelle. Legg Mason, Inc. se réserve tous les droits de propriété intellectuelle liés aux informations figurant sur le présent site Internet et fera respecter ces droits dans toute la mesure autorisée par la loi. Les informations accessibles sur ou par le biais du présent site Internet sont destinées à des fins de navigation et d’impression privée uniquement. Les utilisateurs du site Internet ne sont pas autorisés à :

(i) copier, reproduire, modifier, vendre, publier ultérieurement, afficher, transmettre ou distribuer de quelque manière que ce soit des informations du présent site Internet sans l’autorisation écrite expresse de Legg Mason Inc. (ou d’une quelconque de ses filiales) ;

(ii) utiliser, copier, modifier ou afficher tout nom, logo, texte ou image graphique de Legg Mason Inc. (ou d’une quelconque de ses filiales) sans l’autorisation écrite expresse de Legg Mason ;

(iii) afficher toute page, image, tout texte ou autre contenu du présent site Internet à l’aide de la technologie de « capture d’écran » sans l’autorisation écrite expresse de Legg Mason Inc. (ou d’une quelconque de ses filiales) ;

(iv) modifier ou utiliser les pages, le texte, les images ou tout autre contenu du présent site Internet à toute autre fin que la navigation ou l’impression pour un usage privé, non commercial ; ou

(v) prendre toute mesure visant à donner l’impression qu’il existe une affiliation, une sponsorisation ou un soutien entre un quelconque utilisateur et/ou site Internet et Legg Mason Inc. (ou une quelconque de ses filiales).

Vous acceptez que Legg Mason Investments (Ireland) Limited n’ait aucune obligation de confidentialité vis-à-vis de vous concernant toute information ou donnée lui ayant été soumise en utilisant le présent site Internet sauf disposition contraire dans un contrat direct distinct entre vous et Legg Mason Investments (Ireland) Limited.

Vous reconnaissez que le contenu des provisions supra des présentes conditions ne limitera pas une quelconque disposition spécifique pouvant avoir été stipulée dans les conditions spécifiques de produits et services particuliers offerts par le biais du présent site Internet.

Autres informations

3.0 Modifications apportées au contenu du site Internet

Nous nous réservons le droit, à notre seule discrétion, de changer, modifier, d’ajouter ou enlever des parties des présentes Conditions à n’importe quel moment sans préavis aux utilisateurs du site Internet. De la même manière, nous nous réservons le droit, à notre seule discrétion, de changer, modifier, d’ajouter ou enlever le contenu du présent site Internet.

Vous devez vérifier les présentes Conditions de temps à autre afin de voir si des modifications y ont été apportées. Tout changement, toute modification, tout ajout ou toute suppression apporté(e) aux présentes Conditions sera effectif à compter de sa publication sur le présent site Internet. Si vous consultez le présent site Internet après la publication de modifications des Conditions, vous acceptez les Conditions telles que modifiées.

3.1 Politique en matière de vie privée et de protection des données

Legg Mason Investments (Ireland) Limited accorde beaucoup d’importance à votre vie privée. Dans la mesure où toute information que vous fournissez ou que nous obtenons par le biais du présent site Internet constitue des données à caractère personnel, nous avons mis en place des procédures pour l’utilisation de ces informations.

Sauf restriction par la législation applicable, vous acceptez que toute information/donnée à caractère personnel vous étant relative recueillie par Legg Mason Investments (Ireland) Limited par le biais du présent site Internet de temps à autre puisse être utilisée et divulguée aux fins et aux personnes étant en conformité avec la politique en matière de vie privée de Legg Mason Investments (Ireland) Limited. Vous pouvez accéder à une copie de la politique en matière de vie privée de Legg Mason Investments (Ireland) Limited mise à votre disposition en cliquant ici.

Legg Mason peut également utiliser des cookies lorsque les utilisateurs accèdent au présent site Internet. Pour plus d’informations, veuillez consulter notre politique en matière de cookies.

Veuillez noter que si vous contactez Legg Mason Investments (Ireland) Limited par téléphone, les appels peuvent être surveillés ou enregistrés afin d’assurer le maintien des services et de les améliorer.

3.2 Résiliation

Legg Mason Investments (Ireland) Limited se réserve le droit de résilier le présent Contrat, votre accès au présent site Internet ou votre utilisation de ce dernier et/ou tout site de ce type à tout moment, avec ou sans préavis et avec ou sans motif.

3.3 Modification

Legg Mason Investments (Ireland) Limited se réserve le droit, à sa discrétion, de modifier et/ou changer, sans restriction et sans avertissement préalable ou préavis, toute information ou donnée contenue dans les présentes conditions ou toutes autres conditions applicables aux produits et/ou services concernés disponibles dans ou sur le présent site Internet.

Si vous continuez d’utiliser le site Internet, cela sera réputé indiquer que vous acceptez toujours de quelconques conditions nouvelles, modifiées, supprimées ou amendées.

Switzerland

Conditions Générales

Le présent site Internet contient des informations importantes d’ordres juridique et général relatives à Legg Mason, Inc. et ses filiales d’investissement. Veuillez faire défiler vers le bas pour lire ces parties. Si vous êtes en désaccord ou ne marquez pas votre consentement vis-à-vis d’une quelconque partie, veuillez ne pas accepter de visiter le site Internet. Les personnes visitant ce site Internet doivent sélectionner leur pays de résidence ou leur statut d’investisseur et ne peuvent avoir accès à aucun autre pays ni consulter des informations n’étant pas destinées au pays de résidence ou au statut d’investisseur applicable. Le présent site Internet ne vous est pas destiné si toute législation d’un quelconque pays interdit à Legg Mason, Inc. et/ou ses filiales d’investissement de vous fournir les informations contenues sur le présent site et il n’est destiné à aucune utilisation qui serait contraire à la législation ou la réglementation locale. 

Le présent site Internet ne s’adresse à aucun autre pays ou territoire que ceux accessibles depuis le site international ci-dessus. Les produits décrits sur le présent site Internet n’ont pas été enregistrés en vertu du United States Securities Act de 1933 et ne sont pas offerts et ne peuvent pas être vendus aux États-Unis ou à des citoyens ou résidents américains.

Veuillez lire les « informations importantes » ci-après et confirmer que vous acceptez les conditions d’utilisation du présent site Internet et que vous consulterez uniquement des informations relatives à votre pays de résidence. En fonction du pays dans lequel vous résidez, il est possible que vous n’ayez pas accès à l’ensemble des gammes de fonds ou des fonds disponibles sur le présent site.

Je confirme avoir lu et accepter les conditions d’utilisation du présent site Internet et que je consulterai uniquement des informations relatives à des produits disponibles dans mon pays de résidence. En appuyant sur le bouton « accepter » ci-dessous, je marque également mon accord quant à l’implantation de cookies sur le présent ordinateur pour retenir mes préférences au sujet du site et suivre l’activité des utilisateurs. En savoir plus au sujet de notre politique en matière de cookies.

Introduction

1.0 Brève introduction au sujet du présent site Internet

Le présent site Internet est proposé à des fins d’information uniquement et ne constitue pas une offre de vente ou une sollicitation d’offre d’achat d’un quelconque titre auquel il peut être fait référence sur le présent site Internet ou par le biais de ce dernier dans un quelconque pays ou territoire dans lequel une telle offre, sollicitation ou distribution ne serait pas légale, ou dans lequel la personne faisant une telle offre ou sollicitation n’est pas admise à le faire, ou à toute personne à laquelle il est illégal de faire une offre ou sollicitation de ce type. Le présent site Internet ne constitue pas non plus une offre ou une recommandation, de la part de Legg Mason Investments (Europe) Limited ou d’une quelconque de ses sociétés affiliées décrites dans les présentes, de tout titre, service de gestion d’investissements ou de service de conseil. Le présent site Internet ne fournit aucun conseil d’investissement, conseil fiscal ou conseil juridique et vous acceptez de ne pas utiliser le présent site Internet à de telles fins. Aucune déclaration n’est faite disant que les titres, les produits ou les services dont il est question sur le présent site Internet, ou accessibles par le biais de ce dernier, conviennent à tout investisseur en particulier. Les produits et les services mentionnés dans tout lien dirigeant vers le présent site ou sur le présent site sont sujets à des exigences d’ordres juridique et réglementaire dans les pays applicables et peuvent ne pas être disponibles dans tous les pays. Les investisseurs sont priés d’examiner avec soin tous les risques, y compris l’ensemble des risques spécifiques aux produits décrits dans le présent site Internet, avant d’investir dans toute part ou action d’un quelconque fonds et doivent consulter des conseillers financiers, juridiques, comptables, fiscaux ou tout autre conseiller pertinent en tant que de besoin.

Ni personne ni aucune société (y compris d’autres sociétés liées au secteur financier) ne peut afficher sur son site Internet un lien menant au présent site Internet sans l’accord exprès de Legg Mason Investments (Europe) Limited.

1.1 Qui exploite ce site Internet ?

Le présent site Internet est détenu et exploité par Legg Mason Investments (Europe) Limited, une filiale à 100 % de Legg Mason, Inc. (« Legg Mason »), société holding américaine de services financiers, cotée et négociée à la Bourse de New York (New York Stock Exchange). Sauf indication contraire, toutes les informations contenues sur ce site sont approuvées pour la publication par Legg Mason Investments (Europe) Limited, sise 201 Bishopsgate, Londres EC2M 3AB, société domiciliée en Angleterre et au Pays de Galles, sous le numéro 1732037. Legg Mason Investments (Europe) Limited est autorisée et réglementée par la Financial Conduct Authority, FRN 121831.

2.0 Ce site Internet décrit-il les capacités de Legg Mason en matière de gestion d’investissements?

Oui. Le présent site Internet peut également contenir de l’information sur certains gestionnaires d’investissements en fonction du pays dans lequel vous résidez.

Chacune des sociétés de gestion d’investissements décrites dans le présent site Internet (à l’exception de Shiozumi Asset Management) est affiliée à Legg Mason Investments (Europe) Limited par le biais d’un contrôle et d’une propriété communs par Legg Mason, Inc. Legg Mason Investments (Europe) Limited fournit à ses clients un accès auxdites sociétés affiliées essentiellement par le biais de ses fonds maison domiciliés en Irlande, au Luxembourg et au Royaume-Uni dans lesquels lesdites sociétés affiliées font office de gestionnaire d’investissements ou de sous-gestionnaire d’investissements. Alors que certaines filiales sont autorisées ou habilitées à exercer leurs activités dans une ou plusieurs juridictions européennes, elles peuvent ne pas être autorisées à offrir leurs services de conseil en investissement dans toutes les juridictions européennes. 

2.1 Que dois-je savoir au sujet de l’exactitude des informations contenues dans le présent site Internet?

Aucune garantie n’est donnée quant aux informations contenues dans le présent site Internet. Legg Mason Investments (Europe) Limited estime que les informations contenues dans le présent site Internet et les opinions y étant exprimées sont exactes à la date de leur publication. Tout prix de fonds contenu dans le présent site Internet est uniquement communiqué à titre indicatif et il ne faut pas s’y fier à des fins de négociation. Pour des informations concernant les prix, cliquer ici.

Legg Mason Investments (Europe) Limited fera tous les efforts raisonnables pour s’assurer que les informations contenues dans le présent site Internet sont exactes et tenues à jour, mais elle ne pourra pas être tenue responsable de toute perte ou de tout dommage encouru en conséquence de l’utilisation de toute information obsolète ou remplacée par d’autres informations sur le présent site Internet.

2.2 Le présent site Internet propose-t-il des conseils financiers?

Non. Legg Mason Investments (Europe) Limited ne donne pas de conseils ou de recommandations d’investissement concernant ses gammes de produits ou des services offerts. Aucun élément contenu dans le présent site Internet ne doit être interprété comme une fourniture de conseils ou une recommandation d’investissement. Un investissement dans l’un des quelconques fonds mentionnés dans le présent site Internet peut ne pas convenir à tous les investisseurs. L’investissement dans l’un des quelconques fonds décrits dans le présent site Internet doit uniquement être effectué sur la base du prospectus concerné, du document d’information clé pour l’investisseur ou d’autres documents du fonds pertinents pouvant être modifiés au besoin.

2.3 Quels sont les facteurs de risque généraux dont je devrais être conscient avant de consulter les informations du présent site Internet?
  • Les performances passées ne préjugent pas des rendements futurs. Veuillez noter que le prix des parts ou actions et les revenus qu’elles produisent peuvent aussi bien baisser qu’augmenter et qu’il est possible que vous ne récupériez pas le montant investi à la base. Les revenus à recevoir peuvent différer du montant des revenus prévu au moment où l’investissement a été effectué.
  • Les variations de taux de change peuvent avoir une influence sur la valeur d’un investissement et sur tout revenu en étant tiré.
  • Si vous exercez tout droit d’annulation, il est possible que vous ne récupériez pas le montant initialement investi si le prix des parts ou des actions a baissé depuis le moment où vous avez investi.
  • Les déductions de frais et dépenses, particulièrement des frais d’entrée, ne sont pas réalisées de manière uniforme au cours de la vie de l’investissement. Par conséquent, si vous demandez le rachat de l’investissement pendant les premières années, il est possible que vous ne récupériez pas le montant investi.
  • Les produits et services d’investissement peuvent avoir des conséquences fiscales. Aucune garantie ne peut être donnée que la situation fiscale ou la situation fiscale proposée en vigueur au moment d’un investissement ne changera pas et elle est sujette à la situation d’un individu. Vous devez consulter votre propre conseiller fiscal afin de comprendre les conséquences fiscales liées aux produits et services présentés sur le présent site Internet.
  • Les dividendes et les plus-values sur les titres émis dans les fonds concernés peuvent être sujets à une retenue à la source imposée par les pays dans lesquels chaque fonds individuel investit.
  • L’acquisition de parts ou d’actions peut exposer l’investisseur à un risque significatif de perte de la totalité du montant investi.
  • Toute personne ayant le moindre doute concernant l’investissement dans un quelconque des fonds décrits dans le présent site Internet doit consulter une personne agréée spécialisée dans le conseil à propos d’investissements de ce type.
  • L’investissement dans des produits financiers comporte des risques inhérents, qui varient en fonction du produit. Pour des informations complètes au sujet des risques liés à un quelconque produit, reportez-vous au prospectus et au document d’information clé pour l’investisseur.
2.4 Les gammes de fonds mentionnées sur ce site Internet sont-elles accessibles aux « Ressortissants américains » (U.S. Persons)?

Non. Les fonds ne sont pas enregistrés en tant que sociétés d’investissement aux États-Unis en vertu du U.S. Investment Company Act de 1940, tel qu’amendé, et les actions de ces fonds ne sont pas enregistrées en vertu de l’U.S. Securities Act de 1933, tel qu’amendé (le « Securities Act »), ni enregistrées conformément à toute autre loi ou tout autre règlement en vigueur aux États-Unis. Les actions des fonds ne sont pas offertes à la souscription aux « Ressortissants américains » (US Persons) au sens du Règlement S du Securities Act. Les informations fournies sur le site Internet ne sont pas destinées à être diffusées ou utilisées par quiconque ou une quelconque entité aux États‑Unis ou dans tout territoire ou pays au sein desquels cette distribution ou cette utilisation seraient contraires à la législation ou à la réglementation ou qui imposerait à l’un quelconque des fonds décrits dans les présentes, à Legg Mason Investments (Europe) Limited (y compris ses sociétés affiliées) ou à tout produit ou service qu’ils offrent, de s’enregistrer, d’obtenir une licence ou une autre autorisation au sein dudit territoire ou pays. Veuillez consulter le prospectus et le document d’offre du fonds concerné pour davantage d’informations.

2.5 Le présent site Internet contient-il des informations provenant d’autres sources que Legg Mason et ses filiales?

Oui. Par l’intermédiaire du présent site Internet, vous pouvez avoir accès à des données de marché telles que des rapports d’actualité, des rapports d’analystes externes, des rapports de recherche, des données sur les dernières opérations de vente, des cotations de valeurs mobilières et autres informations sur des valeurs mobilières et leurs marchés (« Données de marché »). Legg Mason Investments (Europe) Limited peut obtenir ces Données de marché de tiers indépendants de Legg Mason Investments (Europe) Limited. Bien que les sources des Données de marché fournies sur le présent site Internet soient jugées fiables, Legg Mason Investments (Europe) Limited ne saurait être tenue responsable du contenu, de l’exactitude, du caractère exhaustif, actuel, approprié ou fiable des Données de marché et n’émet aucune garantie à ces égards.

Les Données de marché sont fournies « telles quelles » et selon leur disponibilité. Legg Mason Investments (Europe) Limited ne saurait être tenue responsable de quelque manque à gagner, perte découlant d’une opération ou autre dommage résultant de Données de marché ou autres informations inexactes, défectueuses ou indisponibles. Legg Mason Investments (Europe) Limited n’est aucunement tenue de mettre à jour ou de continuer à fournir les Données de marché ou autres informations accessibles par le biais du présent site Internet.

 Vous pouvez également avoir accès au site Internet d’un tiers. Legg Mason Investments (Europe) Limited ne saurait être tenue en aucune manière responsable du contenu de tout site Internet vers lequel renvoie le présent site Internet. Les informations vers lesquelles le site Internet renvoie l’utilisateur ne sont ni préparées ni actualisées par Legg Mason Investments (Europe) Limited, et Legg Mason Investments (Europe) Limited ne vérifie pas et ne vérifiera pas, ni ne mettra à jour les informations contenues sur un site Internet tiers relié par hyperlien. Legg Mason Investments (Europe) Limited n’est pas responsable et n’offre aucune garantie relative aux contenus, à l’exactitude, à l’exhaustivité, à l’actualité, à la pertinence ou à la fiabilité du site Internet relié par hyperlien.

2.6 Informations importantes concernant la responsabilité

Legg Mason Investments (Europe) Limited n’offre aucune garantie et ne fait aucune déclaration concernant le fait que le site Internet soit accessible à tout moment. Le site Internet peut, sans préavis, être temporairement indisponible ou son utilisation peut être limitée pour des raisons administratives ou d’autre nature.

Vous acceptez d’indemniser et de tenir Legg Mason Investments (Europe) Limited (y compris ses sociétés affiliées et associées) et ses administrateurs, directeurs, employés et agents complètement et effectivement indemnes de toute contestation, tout coût, toute revendication, blessure, perte, tout dommage, toute poursuite ou dépense (y compris, sans toutefois s’y limiter, tous frais, coûts et dépenses juridiques quels qu’ils soient et quelle que soit leur origine, y compris au titre de toute revendication d’un tiers, sur la base d’une indemnisation totale) occasionné par ou découlant directement ou indirectement de ou lié à :

(i) votre consultation et/ou utilisation du site Internet de Legg Mason Investments (Europe) Limited et/ou de l’utilisation du site Internet par toute autre personne ou entité tierce et/ou ;

(ii) toute violation ou non-observation d’une quelconque de ces conditions par vous et/ou tout autre tiers et/ou ;

(iii) l’exploitation, l’utilisation ou la fourniture d’informations, par vous à un tiers, en violation d’une quelconque de vos obligations en vertu des présentes Conditions.

2.7 Propriété intellectuelle

Tous les copyrights, marques commerciales, logos, marques de service, appellations commerciales ou autres propriétés intellectuelles diffusés sur le présent site Internet ou utilisés en relation avec ce dernier appartiennent à Legg Mason, Inc., ou à une des sociétés du groupe Legg Mason. Le contenu du présent site Internet est protégé par la loi applicable en matière de propriété intellectuelle. Legg Mason, Inc. se réserve tous les droits de propriété intellectuelle liés aux informations figurant sur le présent site Internet et fera respecter ces droits dans toute la mesure autorisée par la loi. Les informations accessibles sur ou par le biais du présent site Internet sont destinées à des fins de navigation et d’impression privée uniquement. Les utilisateurs du site Internet ne sont pas autorisés à :

(i) copier, reproduire, modifier, vendre, publier ultérieurement, afficher, transmettre ou distribuer de quelque manière que ce soit des informations du présent site Internet sans l’autorisation écrite expresse de Legg Mason Inc. (ou d’une quelconque de ses filiales) ;

(ii) utiliser, copier, modifier ou afficher tout nom, logo, texte ou image graphique de Legg Mason Inc. (ou d’une quelconque de ses filiales) sans l’autorisation écrite expresse de Legg Mason ;

(iii) afficher toute page, image, tout texte ou autre contenu du présent site Internet à l’aide de la technologie de « capture d’écran » sans l’autorisation écrite expresse de Legg Mason Inc. (ou d’une quelconque de ses filiales) ;

(iv) modifier ou utiliser les pages, le texte, les images ou tout autre contenu du présent site Internet à toute autre fin que la navigation ou l’impression pour un usage privé, non commercial ; ou

(v) prendre toute mesure visant à donner l’impression qu’il existe une affiliation, une sponsorisation ou un soutien entre un quelconque utilisateur et/ou site Internet et Legg Mason Inc. (ou une quelconque de ses filiales).

Vous acceptez que Legg Mason Investments (Europe) Limited n’ait aucune obligation de confidentialité vis-à-vis de vous concernant toute information ou donnée lui ayant été soumise en utilisant le présent site Internet sauf disposition contraire dans un contrat direct distinct entre vous et Legg Mason Investments (Europe) Limited.

Vous reconnaissez que le contenu des provisions supra des présentes conditions ne limitera pas une quelconque disposition spécifique pouvant avoir été stipulée dans les conditions spécifiques de produits et services particuliers offerts par le biais du présent site Internet.

Autres informations

3.0 Modifications apportées au contenu du site Internet

Nous nous réservons le droit, à notre seule discrétion, de changer, modifier, d’ajouter ou enlever des parties des présentes Conditions à n’importe quel moment sans préavis aux utilisateurs du site Internet. De la même manière, nous nous réservons le droit, à notre seule discrétion, de changer, modifier, d’ajouter ou enlever le contenu du présent site Internet. Vous devez vérifier les présentes Conditions de temps à autre afin de voir si des modifications y ont été apportées. Tout changement, toute modification, tout ajout ou toute suppression apporté(e) aux présentes Conditions sera effectif à compter de sa publication sur le présent site Internet. Si vous consultez le présent site Internet après la publication de modifications des Conditions, vous acceptez les Conditions telles que modifiées.

3.1 Politique en matière de vie privée et de protection des données

Legg Mason Investments (Europe) Limited accorde beaucoup d’importance à votre vie privée. Dans la mesure où toute information que vous fournissez ou que nous obtenons par le biais du présent site Internet constitue des données à caractère personnel, nous avons mis en place des procédures pour l’utilisation de ces informations.

Sauf restriction par la législation applicable, vous acceptez que toute information/donnée à caractère personnel vous étant relative recueillie par Legg Mason Investments (Europe) Limited par le biais du présent site Internet de temps à autre puisse être utilisée et divulguée aux fins et aux personnes étant en conformité avec la politique en matière de vie privée de Legg Mason Investments (Europe) Limited. Vous pouvez accéder à une copie de la politique en matière de vie privée de Legg Mason Investments (Europe) Limited mise à votre disposition en cliquant ici.

Legg Mason peut également utiliser des cookies lorsque les utilisateurs accèdent au présent site Internet. Pour plus d’informations, veuillez consulter notre politique en matière de cookies.

Veuillez noter que si vous contactez Legg Mason Investments (Europe) Limited par téléphone, les appels peuvent être surveillés ou enregistrés afin d’assurer le maintien des services et de les améliorer.

3.2 Résiliation

Legg Mason Investments (Europe) Limited se réserve le droit de résilier le présent Contrat, votre accès au présent site Internet ou votre utilisation de ce dernier et/ou tout site de ce type à tout moment, avec ou sans préavis et avec ou sans motif.

3.3 Modification

Legg Mason Investments (Europe) Limited se réserve le droit, à sa discrétion, de modifier et/ou changer, sans restriction et sans avertissement préalable ou préavis, toute information ou donnée contenue dans les présentes conditions ou toutes autres conditions applicables aux produits et/ou services concernés disponibles dans ou sur le présent site Internet. Si vous continuez d’utiliser le site Internet, cela sera réputé indiquer que vous acceptez toujours de quelconques conditions nouvelles, modifiées, supprimées ou amendées.

Austria and Germany

Nutzungsbedingungen

Diese Website enthält wichtige rechtliche und allgemeine Informationen zu Legg Mason, Inc. und seinen Investment-Tochtergesellschaften. Bitte blättern Sie nach unten, um diese Abschnitte zu lesen. Wenn Sie mit irgendwelchen Angaben oder Abschnitten nicht einverstanden sind und diesen nicht zustimmen, akzeptieren und öffnen Sie die Website nicht. Wenn Sie auf diese Website zugreifen, müssen Sie Ihr Wohnsitzland oder Ihren Anlegerstatus auswählen und dürfen auf keine anderen Länderbereiche zugreifen und keine Inhalte anzeigen, die nicht für das entsprechende Wohnsitzland oder den entsprechenden Anlegerstatus bestimmt sind. Diese Website richtet sich nicht an Sie, wenn es Legg Mason, Inc. und/oder seinen Investment-Tochtergesellschaften durch irgendein Gesetz irgendeiner Rechtsordnung untersagt ist, die Informationen auf dieser Website für Sie verfügbar zu machen, und ist nicht für irgendeine Verwendung vorgesehen, die einen Verstoß gegen lokale Gesetze oder Verordnungen darstellen würde.

Diese Website richtet sich ausschließlich an die Rechtsordnungen, auf die von der internationalen Website oben aus zugegriffen werden kann. Die auf dieser Website beschriebenen Produkte sind nicht nach dem United States Securities Act von 1933 registriert und sie werden nicht in den Vereinigten Staaten oder US-Bürgern und in den USA ansässigen Personen angeboten und dürfen dort bzw. diesen nicht verkauft werden.  

Bitte lesen Sie die nachfolgenden „wichtigen Informationen“ und bestätigen Sie, dass Sie den Nutzungsbedingungen dieser Website zustimmen und nur auf Informationen für Ihr Wohnsitzland zugreifen werden. Abhängig von Ihrer Rechtsordnung können Sie möglicherweise nicht auf alle auf dieser Website verfügbaren Fondspaletten oder Fonds zugreifen. 

Ich bestätige, dass ich die Nutzungsbedingungen für diese Website gelesen habe und ihnen zustimme, und dass ich nur auf Produktinformationen zugreifen werde, die in meinem Wohnsitzland verfügbar sind. Indem ich unten „Zustimmen“ auswähle, stimme ich auch dem Setzen von Cookies auf diesem Rechner zur Speicherung meiner Website-Einstellungen und Verfolgung der Benutzeraktivitäten zu. Weitere Informationen zu unserer Cookie-Richtlinie

Einleitung

1.0 Eine kurze Einführung zu dieser Website

Diese Website dient nur zu Informationszwecken und stellt kein Verkaufsangebot und keine Aufforderung zur Abgabe eines Kaufangebots für irgendein Wertpapier dar, auf das möglicherweise auf dieser oder über diese Website Bezug genommen wird, wenn ein solches Angebot, eine solche Aufforderung oder eine solche Verteilung ungesetzlich wäre oder die anbietende bzw. auffordernde Person nicht die erforderlichen Voraussetzungen dazu erfüllt oder die Aufforderung bzw. das Angebot an Personen erfolgt, gegenüber denen es ungesetzlich ist, dieses Angebot zu unterbreiten bzw. diese Aufforderung abzugeben. Des Weiteren stellt diese Website kein Angebot und keine Empfehlung seitens Legg Mason Investments (Ireland) Limited oder ihrer hierin beschriebenen Tochtergesellschaften für irgendwelche Wertpapiere, Anlageverwaltungsdienstleistungen oder Beratungsdienstleistungen dar. Über diese Website wird keine Anlage-, Steuer- oder Rechtsberatung bereitgestellt und Sie stimmen zu, dass diese Website von Ihnen nicht zu diesen Zwecken verwendet wird. Es wird nicht garantiert, dass die Wertpapiere, Produkte oder Dienstleistungen, die auf dieser Website beschrieben werden oder auf die über diese Website zugegriffen werden kann, für einen bestimmten Anleger geeignet sind. Produkte und Dienstleistungen, die in Links auf diese Website oder auf dieser Website erwähnt werden, unterliegen in anwendbaren Rechtsordnungen rechtlichen und aufsichtsrechtlichen Anforderungen und sind möglicherweise nicht in allen Rechtsordnungen verfügbar. Anleger sollten alle Risiken, einschließlich aller besonderen Risiken der auf dieser Website beschriebenen Produkte, sorgfältig abwägen, bevor sie eine Anlage in Anteilen irgendeines Fonds tätigen, und nach Bedarf den Rat von Finanz-, Rechts-, Buchhaltungs-, Steuer- oder anderen relevanten Beratern einholen. 

Es ist Personen oder Unternehmen (einschließlich anderer Unternehmen, die mit dem Finanzsektor in Verbindung stehen) nicht gestattet, ohne die ausdrückliche Genehmigung der Legg Mason Investments (Ireland) Limited einen Link von ihrer Website auf diese Website zu setzen.

1.1 Wer ist der Betreiber dieser Website?

Diese Website ist im Besitz und wird betrieben von Legg Mason Investments (Ireland) Limited, eine hundertprozentige Tochtergesellschaft von Legg Mason, Inc. („Legg Mason“), eine in den USA ansässige Holdinggesellschaft für Finanzdienstleistungen, die an der New Yorker Börse notiert ist und gehandelt wird. Sofern nicht anders angegeben, wurden alle Informationen auf dieser Website zur Veröffentlichung durch freigegeben von Legg Mason Investments (Ireland) Limited mit Sitz im 6th Floor, Building Three, Number One Ballsbridge, 126 Pembroke Road, Ballsbridge, Dublin 4, D04 EP27, Ireland. In Irland unter der Firmennummer 271887 registriert. Von der irischen Zentralbank zugelassen und reguliert.

2.0 Werden auf dieser Website die Anlageverwaltungsfähigkeiten von Legg Mason beschrieben?

Ja. Diese Website kann abhängig von der Rechtsordnung, in der Sie ansässig sind, auch Informationen zu bestimmten Anlageverwaltern enthalten.

Alle auf dieser Website beschriebenen Anlageverwaltungsunternehmen (mit Ausnahme von Shiozumi Asset Management) sind mit Legg Mason Investments (Ireland) Limited durch die gemeinsame Kontrolle und Eigentümerschaft von Legg Mason, Inc. verbunden. Legg Mason Investments (Ireland) Limited bietet ihren Kunden vornehmlich durch ihre proprietären, in Irland, und dem Vereinigten Königreich domizilierten Fonds, bei denen diese verbundenen Unternehmen als Anlageverwalter oder Unteranlageverwalter fungieren, Zugang zu solchen verbundenen Unternehmen. Einige der verbundenen Unternehmen sind zwar berechtigt oder lizenziert, Geschäfte in einem oder mehreren europäischen Ländern zu tätigen, sind jedoch möglicherweise nicht berechtigt, eine Anlageberatung in allen europäischen Ländern anzubieten. 

2.1 Was muss ich über die Richtigkeit der auf dieser Website angegebenen Informationen wissen?

Bezüglich der auf dieser Website angegebenen Informationen wird keinerlei Garantie gegeben. Legg Mason Investments (Ireland) Limited glaubt, dass die auf dieser Website angegebenen Informationen und ausgedrückten Meinungen zum Datum der Veröffentlichung richtig sind. Alle auf dieser Website angegebenen Fondspreise sind lediglich Richtwerte, auf die Sie sich nicht zu Handelszwecken verlassen dürfen. Klicken Sie hier, um Preisinformationen anzuzeigen.

Obwohl Legg Mason Investments (Ireland) Limited alle angemessenen Anstrengungen unternehmen wird, um sicherzustellen, dass die auf dieser Website angegebenen Informationen richtig sind und auf dem neuesten Stand gehalten werden, kann sie nicht für Verluste oder Schäden haftbar gemacht werden, die infolge der Verwendung von veralteten oder überholten Informationen auf dieser Website entstanden sind.

2.2 Bietet diese Website eine Finanzberatung?

Nein. Legg Mason Investments (Ireland) Limited gibt keine Anlageberatung oder Empfehlungen bezüglich der von ihr angebotenen Produktpaletten oder Dienstleistungen. Die Informationen auf dieser Website dürfen nicht als Anlageberatung oder Empfehlungen ausgelegt werden. Eine Anlage in den auf dieser Website genannten Fonds ist möglicherweise nicht für alle Anleger geeignet. Anlagen in den auf dieser Website beschriebenen Fonds sollten nur auf der Grundlage des relevanten Prospekts, des relevanten Dokuments mit den wesentlichen Informationen für den Anleger oder der anderen relevanten Fondsdokumente in ihrer jeweils gültigen Fassung getätigt werden.

2.3 Über welche allgemeinen Risikofaktoren sollte ich mir im Klaren sein, bevor ich auf Informationen auf dieser Website zugreife?
  • Die frühere Wertentwicklung ist kein Hinweis auf die zukünftigen Erträge. Bitte beachten Sie, dass der Preis von Anteilen und die Erträge aus ihnen sowohl steigen als auch fallen können, und dass Sie möglicherweise nicht den ursprünglich investierten Betrag zurückerhalten. Die Höhe der Erträge, die Sie erhalten, kann von der Höhe der zum Zeitpunkt der Anlage prognostizierten Erträge abweichen. 
  • Wechselkursschwankungen können Auswirkungen auf den Wert einer Anlage und der daraus erhaltenen Erträge besitzen. 
  • Wenn Sie von einem Stornierungsrecht Gebrauch machen, erhalten Sie möglicherweise nicht den ursprünglich investierten Betrag zurück, falls der Anteilspreis seit dem Zeitpunkt Ihrer Anlage gesunken ist. 
  • Die Gebühren und Kosten, insbesondere der Erstausgabeaufschlag, werden nicht gleichmäßig über die Laufzeit der Anlage abgezogen, daher erhalten Sie möglicherweise nicht den investierten Betrag zurück, wenn Sie Ihre Anlage in den ersten Jahren der Laufzeit zurückgeben. 
  • Die Anlageprodukte und -dienstleistungen können steuerliche Auswirkungen besitzen. Es gibt keine Garantie dafür, dass sich der Steuerstatus oder der vorgeschlagene Steuerstatus, der zum Zeitpunkt einer Anlage gegeben ist, nicht ändern wird, und diese unterliegen den jeweiligen Umständen jeder einzelnen Person. Sie sollten den Rat Ihres Steuerberaters einholen, um die steuerlichen Folgen der Produkte und Dienstleistungen auf dieser Website zu verstehen. 
  • Dividenden und Kapitalerträge auf Wertpapiere, die in den betreffenden Fonds ausgegeben werden, können Quellensteuern unterliegen, die von den Ländern erhoben werden, in die jeder einzelne Fonds investiert. 
  • Der Erwerb von Anteilen kann für einen Anleger ein wesentliches Risiko des Verlusts des gesamten investierten Betrags mit sich bringen. 
  • Wenn Sie Zweifel bezüglich der Anlage in einem der auf dieser Website beschriebenen Fonds haben, sollten Sie sich an einen zugelassenen Berater wenden, der auf die Beratung bezüglich solcher Anlagen spezialisiert ist. 
  • Anlagen in Finanzprodukten sind stets mit Risiken verbunden, die je nach Produkt unterschiedlich sind. Die vollständigen Risikohinweise zu den Produkten finden Sie im Prospekt und im Dokument mit den wesentlichen Informationen für den Anleger. 
2.4 Steht das Fondsangebot auf dieser Website „US-Personen“ zur Verfügung?

Nein, die Fonds sind in den USA nicht als Investmentgesellschaften gemäß dem U.S. Investment Company Act von 1940 in seiner jeweils gültigen Fassung registriert und die Anteile dieser Fonds sind weder gemäß dem U.S. Securities Act von 1933 in seiner jeweils gültigen Fassung („Wertpapiergesetz“) noch gemäß einem anderen Gesetz oder einer anderen Verordnung in den USA registriert. Anteile des Fonds können nicht von „US-Personen“ im Sinne der Definition unter Regulation S des Wertpapiergesetzes gekauft werden. Die auf dieser Website bereitgestellten Informationen sind nicht für die Weitergabe an oder Nutzung durch Personen oder Körperschaften in den USA oder in einer Rechtsordnung bzw. in einem Land vorgesehen, in dem eine solche Weitergabe oder Nutzung gegen das Gesetz oder eine Verordnung verstoßen würde oder in dem die hierin beschriebenen Fonds, Legg Mason Investments (Ireland) Limited (einschließlich ihrer verbundenen Unternehmen) oder ihre Produkte oder Dienstleistungen zur Registrierung, Lizenzierung oder anderen Zulassungsform verpflichtet wäre. Weitere Informationen sind im jeweiligen Fondsprospekt und Angebotsdokument zu finden.

2.5 Enthält diese Website Inhalte von anderen Anbietern als Legg Mason und ihren Tochtergesellschaften?

Ja. Über diese Website haben Sie möglicherweise Zugriff auf Marktdaten, wie z. B. Nachrichten, Analystenberichte von Drittanbietern, Analysen, letzte Verkaufstransaktionsdaten, Kursnotierungen von Wertpapieren und andere Informationen zu Wertpapieren und dem Wertpapiermarkt („Marktdaten“). Legg Mason Investments (Ireland) Limited kann diese Marktdaten von Dritten erhalten, die unabhängig von Legg Mason Investments (Ireland) Limited sind. Obwohl die Quellen der auf dieser Website präsentierten Marktdaten für zuverlässig erachtet werden, ist Legg Mason Investments (Ireland) Limited nicht verantwortlich für und gibt keine Zusicherungen im Hinblick auf den Inhalt, die Richtigkeit, die Vollständigkeit, die Aktualität, die Eignung oder die Zuverlässigkeit der Marktdaten.

Die Marktdaten werden ohne Mängelgewähr und auf Basis der Verfügbarkeit bereitgestellt. Legg Mason Investments (Ireland) Limited ist nicht haftbar für entgangene Gewinne, Handelsverluste oder andere Schäden, die aus ungenauen, fehlerhaften oder nicht verfügbaren Marktdaten oder anderen Informationen entstehen. Legg Mason Investments (Ireland) Limited ist nicht verpflichtet, die über diese Website zugänglichen Marktdaten oder anderen Informationen zu aktualisieren oder Marktdaten und andere Informationen weiterhin anzubieten.

Sie haben möglicherweise auch Zugang zur Website von Dritten. Legg Mason Investment (Ireland) Limited ist in keiner Weise für den Inhalt von Websites verantwortlich, auf die auf dieser Website verlinkt wird. Die Informationen, zu denen der Anwender über die Links gelangt, werden von Legg Mason Investment (Ireland) Limited weder erstellt noch gepflegt, und Legg Mason Investment (Ireland) Limited prüft oder aktualisiert nicht die Informationen auf verlinkten Websites. Legg Mason Investment (Ireland) Limited ist nicht verantwortlich für und gibt keine Zusicherungen im Hinblick auf den Inhalt, die Richtigkeit, die Vollständigkeit, die Aktualität, die Eignung oder die Zuverlässigkeit der verlinkten Websites.

2.6 Wichtige Informationen zur Haftung

Legg Mason Investments (Ireland) Limited gibt keine Garantie oder Zusicherung, dass zu jeder Zeit auf die Website zugegriffen werden kann. Die Website kann aus administrativen oder anderen Gründen unangekündigt vorübergehend nicht oder nur eingeschränkt verfügbar sein.

Sie erklären sich damit einverstanden, dass Sie Legg Mason Investments (Ireland) Limited (einschließlich ihrer Tochtergesellschaften oder verbundenen Unternehmen) und ihre leitenden Angestellten, Direktoren, Mitarbeiter und Vertreter für Klagen, Kosten, Forderungen, Verletzungen, Verluste, Schäden, Gerichtsverfahren oder Auslagen (insbesondere Rechtskosten, Kosten und Auslagen jeglicher Art, die auf beliebige Weise entstanden sind, auch bezüglich Forderungen Dritter, auf Basis vollständiger Entschädigungen) entschädigen und vollständig und effektiv schadlos halten, die durch Folgendes hervorgerufen wurden, direkt oder indirekt daraus entstanden sind oder damit in Verbindung stehen:

(i) dem Zugriff auf und/oder der Verwendung der Website der Legg Mason Investments (Ireland)  Limited durch Sie und/oder andere dritte Personen oder Rechtseinheiten und/oder:

(ii) einer Verletzung oder Nichtbeachtung dieser Nutzungsbedingungen durch Sie und/oder andere Dritte und/oder: 

(iii) dem Betrieb, der Nutzung oder der Bereitstellung von Informationen durch Sie für einen Dritten, die unter Verstoß gegen Ihre Verpflichtungen im Rahmen dieser Nutzungsbedingungen bereitgestellt wurden.

2.7 Geistiges Eigentum

Alle Urheberrechte, Marken, Logos, Dienstleistungsmarken, Handelsnamen oder andere Elemente geistigen Eigentums, die auf dieser Website angezeigt oder in Verbindung mit dieser Website verwendet werden, sind Eigentum von Legg Mason, Inc. oder einem Unternehmen der Legg Mason-Gruppe. Der Inhalt dieser Website ist durch die geltenden Gesetze bezüglich des geistigen Eigentums geschützt. Legg Mason, Inc. behält sich sämtliche Rechte am geistigen Eigentum aller Materialien auf dieser Website vor und wird diese Rechte im Rahmen des gesetzlich Zulässigen durchsetzen. Das auf oder über diese Website zugängliche Material steht nur für persönliche Recherche- und Druckzwecke zur Verfügung. Benutzer dieser Website dürfen nicht anderweitig:

(i) Materialien von dieser Website ohne die ausdrückliche, schriftliche Genehmigung von Legg Mason Inc. (oder einer ihrer Tochtergesellschaften) auf irgendeine Weise kopieren, vervielfältigen, ändern, verkaufen, neu veröffentlichen, posten, übertragen oder verteilen,

(ii) ohne die ausdrückliche schriftliche Genehmigung von Legg Mason Namen, Logos, Texte oder Bilder von Legg Mason Inc. (oder einer ihrer Tochtergesellschaften) verwenden, kopieren, ändern oder anzeigen;

(iii) ohne die ausdrückliche schriftliche Genehmigung von Legg Mason Inc. (oder einer ihrer Tochtergesellschaften) Seiten, Text, Bilder oder andere Inhalte dieser Website mithilfe von „Framing“-Technologie anzeigen; 

(iv) die Seiten, Texte, Bilder oder anderen Inhalte von dieser Website zu anderen Zwecken als zu persönlichen, nicht kommerziellen Recherche- und Druckzwecken ändern oder verwenden; oder

(v) Maßnahmen ergreifen, um den Eindruck einer Verbindung oder finanziellen oder sonstigen Unterstützung zwischen einem Benutzer und/oder einer Website und Legg Mason Inc. (oder einer ihrer Tochtergesellschaften) entstehen zu lassen.

Sie stimmen zu, dass Investments (Ireland) Limited bezüglich solcher über diese Website an sie übermittelten Informationen oder Materialien Ihnen gegenüber keiner Vertraulichkeitsverpflichtung unterliegt, sofern nicht anderweitig in einem separaten direkten Vertrag zwischen Ihnen und Legg Mason Investments (Ireland) Limited vereinbart.

Sie erkennen an, dass der Inhalt der vorstehenden Bestimmungen dieser Nutzungsbedingungen die möglicherweise in den jeweiligen Nutzungsbedingungen bestimmter Produkte und Dienstleistungen, die über diese Website angeboten werden, dargelegten speziellen Bestimmungen nicht einschränkt. 

Weitere Informationen

3.0 Änderungen der Inhalte auf der Website

Wir behalten uns das Recht vor, nach unserem alleinigen Ermessen jederzeit ohne Benachrichtigung an die Benutzer der Website Teile dieser Bedingungen zu ändern, hinzuzufügen oder zu löschen. Ebenso behalten wir uns das Recht vor, nach unserem alleinigen Ermessen die Inhalte dieser Website zu ändern und Inhalte hinzuzufügen oder zu löschen. Sie müssen diese Bedingungen regelmäßig auf Änderungen hin überprüfen. Alle an diesen Bedingungen vorgenommenen Änderungen, Hinzufügungen und Löschungen werden mit der Veröffentlichung auf dieser Website wirksam. Wenn Sie auf diese Website zugreifen, nachdem wir Änderungen an den Bedingungen veröffentlicht haben, stimmen Sie den geänderten Bedingungen zu.

3.1 Datenschutzerklärung und Datensicherheit

Der Schutz Ihrer Daten ist der Legg Mason Investments (Ireland) Limited sehr wichtig. Sofern Informationen, die Sie bereitstellen oder die wir von dieser Website erhalten, personenbezogene Daten darstellen, haben wir Verfahren für die Nutzung dieser Informationen festgelegt.

Sofern dies nicht durch die anwendbaren Gesetze eingeschränkt wird, stimmen Sie zu, dass alle mit Ihnen in Zusammenhang stehenden personenbezogene Informationen/Daten, die von Legg Mason Investments (Ireland) Limited jeweils von dieser Website erfasst werden, zu den Zwecken verwendet und den Personen gegenüber offengelegt werden dürfen, die in der aktuellen, gültigen Datenschutzerklärung von Legg Mason Investments (Ireland) Limited zugelassen sind. Sie können auf die Datenschutzerklärung von Legg Mason Investments (Ireland) Limited zugreifen, indem Sie hier klicken

Legg Mason kann auch Cookies verwenden, wenn Benutzer auf diese Website zugreifen. Weitere Informationen finden Sie in unserer Cookie-Richtlinie.

Bitte beachten Sie, dass Telefongespräche zur Aufrechterhaltung und Verbesserung unserer Dienste überwacht oder aufgezeichnet werden können, wenn Sie Legg Mason Investments (Ireland) Limited anrufen. 

3.2 Beendigung

Legg Mason Investments (Ireland) Limited behält sich das Recht vor, diese Vereinbarung, Ihren Zugriff auf und Ihre Nutzung dieser Website und/oder aller solcher Websites jederzeit und mit beliebiger Frist sowie mit oder ohne Grund zu beenden.

3.3 Änderung

Legg Mason Investments (Ireland) Limited behält sich das Recht vor, nach ihrem Ermessen uneingeschränkt und ohne Vorwarnung oder vorherige Mitteilung alle in diesen Nutzungsbedingungen enthaltenen Informationen oder Materialien oder anderweitig alle geltenden Nutzungsbedingungen für relevante Produkte und/oder Dienstleistungen, die auf dieser Website verfügbar sind, zu ändern. Wenn Sie mit der Verwendung der Website fortfahren, stimmen Sie damit allen solchen neuen, geänderten, gelöschten oder ergänzten Nutzungsbedingungen zu.

Switzerland

Nutzungsbedingungen

Diese Website enthält wichtige rechtliche und allgemeine Informationen zu Legg Mason, Inc. und seinen Investment-Tochtergesellschaften. Bitte blättern Sie nach unten, um diese Abschnitte zu lesen. Wenn Sie mit irgendwelchen Angaben oder Abschnitten nicht einverstanden sind und diesen nicht zustimmen, akzeptieren und öffnen Sie die Website nicht. Wenn Sie auf diese Website zugreifen, müssen Sie Ihr Wohnsitzland oder Ihren Anlegerstatus auswählen und dürfen auf keine anderen Länderbereiche zugreifen und keine Inhalte anzeigen, die nicht für das entsprechende Wohnsitzland oder den entsprechenden Anlegerstatus bestimmt sind. Diese Website richtet sich nicht an Sie, wenn es Legg Mason, Inc. und/oder seinen Investment-Tochtergesellschaften durch irgendein Gesetz irgendeiner Rechtsordnung untersagt ist, die Informationen auf dieser Website für Sie verfügbar zu machen, und ist nicht für irgendeine Verwendung vorgesehen, die einen Verstoß gegen lokale Gesetze oder Verordnungen darstellen würde.

Diese Website richtet sich ausschließlich an die Rechtsordnungen, auf die von der internationalen Website oben aus zugegriffen werden kann. Die auf dieser Website beschriebenen Produkte sind nicht nach dem United States Securities Act von 1933 registriert und sie werden nicht in den Vereinigten Staaten oder US-Bürgern und in den USA ansässigen Personen angeboten und dürfen dort bzw. diesen nicht verkauft werden.  

Bitte lesen Sie die nachfolgenden „wichtigen Informationen“ und bestätigen Sie, dass Sie den Nutzungsbedingungen dieser Website zustimmen und nur auf Informationen für Ihr Wohnsitzland zugreifen werden. Abhängig von Ihrer Rechtsordnung können Sie möglicherweise nicht auf alle auf dieser Website verfügbaren Fondspaletten oder Fonds zugreifen. 

Ich bestätige, dass ich die Nutzungsbedingungen für diese Website gelesen habe und ihnen zustimme, und dass ich nur auf Produktinformationen zugreifen werde, die in meinem Wohnsitzland verfügbar sind. Indem ich unten „Zustimmen“ auswähle, stimme ich auch dem Setzen von Cookies auf diesem Rechner zur Speicherung meiner Website-Einstellungen und Verfolgung der Benutzeraktivitäten zu. Weitere Informationen zu unserer Cookie-Richtlinie.

Einleitung

1.0 Eine kurze Einführung zu dieser Website

Diese Website dient nur zu Informationszwecken und stellt kein Verkaufsangebot und keine Aufforderung zur Abgabe eines Kaufangebots für irgendein Wertpapier dar, auf das möglicherweise auf dieser oder über diese Website Bezug genommen wird, wenn ein solches Angebot, eine solche Aufforderung oder eine solche Verteilung ungesetzlich wäre oder die anbietende bzw. auffordernde Person nicht die erforderlichen Voraussetzungen dazu erfüllt oder die Aufforderung bzw. das Angebot an Personen erfolgt, gegenüber denen es ungesetzlich ist, dieses Angebot zu unterbreiten bzw. diese Aufforderung abzugeben. Des Weiteren stellt diese Website kein Angebot und keine Empfehlung seitens Legg Mason Investments (Europe) Limited oder ihrer hierin beschriebenen Tochtergesellschaften für irgendwelche Wertpapiere, Anlageverwaltungsdienstleistungen oder Beratungsdienstleistungen dar. Über diese Website wird keine Anlage-, Steuer- oder Rechtsberatung bereitgestellt und Sie stimmen zu, dass diese Website von Ihnen nicht zu diesen Zwecken verwendet wird. Es wird nicht garantiert, dass die Wertpapiere, Produkte oder Dienstleistungen, die auf dieser Website beschrieben werden oder auf die über diese Website zugegriffen werden kann, für einen bestimmten Anleger geeignet sind. Produkte und Dienstleistungen, die in Links auf diese Website oder auf dieser Website erwähnt werden, unterliegen in anwendbaren Rechtsordnungen rechtlichen und aufsichtsrechtlichen Anforderungen und sind möglicherweise nicht in allen Rechtsordnungen verfügbar. Anleger sollten alle Risiken, einschließlich aller besonderen Risiken der auf dieser Website beschriebenen Produkte, sorgfältig abwägen, bevor sie eine Anlage in Anteilen irgendeines Fonds tätigen, und nach Bedarf den Rat von Finanz-, Rechts-, Buchhaltungs-, Steuer- oder anderen relevanten Beratern einholen. 

Es ist Personen oder Unternehmen (einschließlich anderer Unternehmen, die mit dem Finanzsektor in Verbindung stehen) nicht gestattet, ohne die ausdrückliche Genehmigung der Legg Mason Investments (Europe) Limited einen Link von ihrer Website auf diese Website zu setzen.

1.1 Wer ist der Betreiber dieser Website?

Diese Website ist im Besitz und wird betrieben von Legg Mason Investments (Europe) Limited, eine hundertprozentige Tochtergesellschaft von Legg Mason, Inc. („Legg Mason“), eine in den USA ansässige Holdinggesellschaft für Finanzdienstleistungen, die an der New Yorker Börse notiert ist und gehandelt wird. Sofern nicht anders angegeben, wurden alle Informationen auf dieser Website für die Veröffentlichung durch Legg Mason Investments (Europe) Limited mit eingetragenem Sitz in 201 Bishopsgate, London EC2M 3AB und in England und Wales unter der Gesellschaftsnr. 1732037 eingetragen, genehmigt. Legg Mason Investments (Europe) Limited wird von der Financial Conduct Authority, FRN 121831, zugelassen und beaufsichtigt.

2.0 Werden auf dieser Website die Anlageverwaltungsfähigkeiten von Legg Mason beschrieben?

Ja. Diese Website kann abhängig von der Rechtsordnung, in der Sie ansässig sind, auch Informationen zu bestimmten Anlageverwaltern enthalten.

Alle auf dieser Website beschriebenen Anlageverwaltungsunternehmen (mit Ausnahme von Shiozumi Asset Management) sind mit Legg Mason Investments (Europe) Limited durch die gemeinsame Kontrolle und Eigentümerschaft von Legg Mason, Inc. verbunden. Legg Mason Investments (Europe) Limited bietet ihren Kunden vornehmlich durch ihre proprietären, in Irland, Luxemburg und dem Vereinigten Königreich domizilierten Fonds, bei denen diese verbundenen Unternehmen als Anlageverwalter oder Unteranlageverwalter fungieren, Zugang zu solchen verbundenen Unternehmen. Einige der verbundenen Unternehmen sind zwar berechtigt oder lizenziert, Geschäfte in einem oder mehreren europäischen Ländern zu tätigen, sind jedoch möglicherweise nicht berechtigt, eine Anlageberatung in allen europäischen Ländern anzubieten.

2.1 Was muss ich über die Richtigkeit der auf dieser Website angegebenen Informationen wissen?

Bezüglich der auf dieser Website angegebenen Informationen wird keinerlei Garantie gegeben. Legg Mason Investments (Europe) Limited glaubt, dass die auf dieser Website angegebenen Informationen und ausgedrückten Meinungen zum Datum der Veröffentlichung richtig sind. Alle auf dieser Website angegebenen Fondspreise sind lediglich Richtwerte, auf die Sie sich nicht zu Handelszwecken verlassen dürfen. Klicken Sie hier, um Preisinformationen anzuzeigen.

Obwohl Legg Mason Investments (Europe) Limited alle angemessenen Anstrengungen unternehmen wird, um sicherzustellen, dass die auf dieser Website angegebenen Informationen richtig sind und auf dem neuesten Stand gehalten werden, kann sie nicht für Verluste oder Schäden haftbar gemacht werden, die infolge der Verwendung von veralteten oder überholten Informationen auf dieser Website entstanden sind.

2.2 Bietet diese Website eine Finanzberatung?

Nein. Legg Mason Investments (Europe) Limited gibt keine Anlageberatung oder Empfehlungen bezüglich der von ihr angebotenen Produktpaletten oder Dienstleistungen. Die Informationen auf dieser Website dürfen nicht als Anlageberatung oder Empfehlungen ausgelegt werden. Eine Anlage in den auf dieser Website genannten Fonds ist möglicherweise nicht für alle Anleger geeignet. Anlagen in den auf dieser Website beschriebenen Fonds sollten nur auf der Grundlage des relevanten Prospekts, des relevanten Dokuments mit den wesentlichen Informationen für den Anleger oder der anderen relevanten Fondsdokumente in ihrer jeweils gültigen Fassung getätigt werden. 

2.3 Über welche allgemeinen Risikofaktoren sollte ich mir im Klaren sein, bevor ich auf Informationen auf dieser Website zugreife?
  • Die frühere Wertentwicklung ist kein Hinweis auf die zukünftigen Erträge. Bitte beachten Sie, dass der Preis von Anteilen und die Erträge aus ihnen sowohl steigen als auch fallen können, und dass Sie möglicherweise nicht den ursprünglich investierten Betrag zurückerhalten. Die Höhe der Erträge, die Sie erhalten, kann von der Höhe der zum Zeitpunkt der Anlage prognostizierten Erträge abweichen. 
  • Wechselkursschwankungen können Auswirkungen auf den Wert einer Anlage und der daraus erhaltenen Erträge besitzen. 
  • Wenn Sie von einem Stornierungsrecht Gebrauch machen, erhalten Sie möglicherweise nicht den ursprünglich investierten Betrag zurück, falls der Anteilspreis seit dem Zeitpunkt Ihrer Anlage gesunken ist. 
  • Die Gebühren und Kosten, insbesondere der Erstausgabeaufschlag, werden nicht gleichmäßig über die Laufzeit der Anlage abgezogen, daher erhalten Sie möglicherweise nicht den investierten Betrag zurück, wenn Sie Ihre Anlage in den ersten Jahren der Laufzeit zurückgeben. 
  • Die Anlageprodukte und -dienstleistungen können steuerliche Auswirkungen besitzen. Es gibt keine Garantie dafür, dass sich der Steuerstatus oder der vorgeschlagene Steuerstatus, der zum Zeitpunkt einer Anlage gegeben ist, nicht ändern wird, und diese unterliegen den jeweiligen Umständen jeder einzelnen Person. Sie sollten den Rat Ihres Steuerberaters einholen, um die steuerlichen Folgen der Produkte und Dienstleistungen auf dieser Website zu verstehen. 
  • Dividenden und Kapitalerträge auf Wertpapiere, die in den betreffenden Fonds ausgegeben werden, können Quellensteuern unterliegen, die von den Ländern erhoben werden, in die jeder einzelne Fonds investiert. 
  • Der Erwerb von Anteilen kann für einen Anleger ein wesentliches Risiko des Verlusts des gesamten investierten Betrags mit sich bringen. 
  • Wenn Sie Zweifel bezüglich der Anlage in einem der auf dieser Website beschriebenen Fonds haben, sollten Sie sich an einen zugelassenen Berater wenden, der auf die Beratung bezüglich solcher Anlagen spezialisiert ist. 
  • Anlagen in Finanzprodukten sind stets mit Risiken verbunden, die je nach Produkt unterschiedlich sind. Die vollständigen Risikohinweise zu den Produkten finden Sie im Prospekt und im Dokument mit den wesentlichen Informationen für den Anleger. 
2.4 Steht das Fondsangebot auf dieser Website „US-Personen“ zur Verfügung?

Nein, die Fonds sind in den USA nicht als Investmentgesellschaften gemäß dem U.S. Investment Company Act von 1940 in seiner jeweils gültigen Fassung registriert und die Anteile dieser Fonds sind weder gemäß dem U.S. Securities Act von 1933 in seiner jeweils gültigen Fassung („Wertpapiergesetz“) noch gemäß einem anderen Gesetz oder einer anderen Verordnung in den USA registriert. Anteile des Fonds können nicht von „US-Personen“ im Sinne der Definition unter Regulation S des Wertpapiergesetzes gekauft werden. Die auf dieser Website bereitgestellten Informationen sind nicht für die Weitergabe an oder Nutzung durch Personen oder Körperschaften in den USA oder in einer Rechtsordnung bzw. in einem Land vorgesehen, in dem eine solche Weitergabe oder Nutzung gegen das Gesetz oder eine Verordnung verstoßen würde oder in dem die hierin beschriebenen Fonds, Legg Mason Investments (Europe) Limited (einschließlich ihrer verbundenen Unternehmen) oder ihre Produkte oder Dienstleistungen zur Registrierung, Lizenzierung oder anderen Zulassungsform verpflichtet wäre. Weitere Informationen sind im jeweiligen Fondsprospekt und Angebotsdokument zu finden.

2.5 Enthält diese Website Inhalte von anderen Anbietern als Legg Mason und ihren Tochtergesellschaften?

Ja. Über diese Website haben Sie möglicherweise Zugriff auf Marktdaten, wie z. B. Nachrichten, Analystenberichte von Drittanbietern, Analysen, letzte Verkaufstransaktionsdaten, Kursnotierungen von Wertpapieren und andere Informationen zu Wertpapieren und dem Wertpapiermarkt („Marktdaten“). Legg Mason Investments (Europe) Limited kann diese Marktdaten von Dritten erhalten, die unabhängig von Legg Mason Investments (Europe) Limited sind. Obwohl die Quellen der auf dieser Website präsentierten Marktdaten für zuverlässig erachtet werden, ist Legg Mason Investments (Europe) Limited nicht verantwortlich für und gibt keine Zusicherungen im Hinblick auf den Inhalt, die Richtigkeit, die Vollständigkeit, die Aktualität, die Eignung oder die Zuverlässigkeit der Marktdaten.

Die Marktdaten werden ohne Mängelgewähr und auf Basis der Verfügbarkeit bereitgestellt. Legg Mason Investments (Europe) Limited ist nicht haftbar für entgangene Gewinne, Handelsverluste oder andere Schäden, die aus ungenauen, fehlerhaften oder nicht verfügbaren Marktdaten oder anderen Informationen entstehen. Legg Mason Investments (Europe) Limited ist nicht verpflichtet, die über diese Website zugänglichen Marktdaten oder anderen Informationen zu aktualisieren oder Marktdaten und andere Informationen weiterhin anzubieten.

Sie haben möglicherweise auch Zugang zur Website von Dritten. Legg Mason Investment (Europe) Limited ist in keiner Weise für den Inhalt von Websites verantwortlich, auf die auf dieser Website verlinkt wird. Die Informationen, zu denen der Anwender über die Links gelangt, werden von Legg Mason Investment (Europe) Limited weder erstellt noch gepflegt, und Legg Mason Investment (Europe) Limited prüft oder aktualisiert nicht die Informationen auf verlinkten Websites. Legg Mason Investment (Europe) Limited ist nicht verantwortlich für und gibt keine Zusicherungen im Hinblick auf den Inhalt, die Richtigkeit, die Vollständigkeit, die Aktualität, die Eignung oder die Zuverlässigkeit der verlinkten Websites.

2.6 Wichtige Informationen zur Haftung

Legg Mason Investments (Europe) Limited gibt keine Garantie oder Zusicherung, dass zu jeder Zeit auf die Website zugegriffen werden kann. Die Website kann aus administrativen oder anderen Gründen unangekündigt vorübergehend nicht oder nur eingeschränkt verfügbar sein.

Sie erklären sich damit einverstanden, dass Sie Legg Mason Investments (Europe) Limited (einschließlich ihrer Tochtergesellschaften oder verbundenen Unternehmen) und ihre leitenden Angestellten, Direktoren, Mitarbeiter und Vertreter für Klagen, Kosten, Forderungen, Verletzungen, Verluste, Schäden, Gerichtsverfahren oder Auslagen (insbesondere Rechtskosten, Kosten und Auslagen jeglicher Art, die auf beliebige Weise entstanden sind, auch bezüglich Forderungen Dritter, auf Basis vollständiger Entschädigungen) entschädigen und vollständig und effektiv schadlos halten, die durch Folgendes hervorgerufen wurden, direkt oder indirekt daraus entstanden sind oder damit in Verbindung stehen:

(i) dem Zugriff auf und/oder der Verwendung der Website der Legg Mason Investments (Europe) Limited durch Sie und/oder andere dritte Personen oder Rechtseinheiten und/oder:

(ii) einer Verletzung oder Nichtbeachtung dieser Nutzungsbedingungen durch Sie und/oder andere Dritte und/oder: 

(iii) dem Betrieb, der Nutzung oder der Bereitstellung von Informationen durch Sie für einen Dritten, die unter Verstoß gegen Ihre Verpflichtungen im Rahmen dieser Nutzungsbedingungen bereitgestellt wurden.

2.7 Geistiges Eigentum

Alle Urheberrechte, Marken, Logos, Dienstleistungsmarken, Handelsnamen oder andere Elemente geistigen Eigentums, die auf dieser Website angezeigt oder in Verbindung mit dieser Website verwendet werden, sind Eigentum von Legg Mason, Inc. oder einem Unternehmen der Legg Mason-Gruppe. Der Inhalt dieser Website ist durch die geltenden Gesetze bezüglich des geistigen Eigentums geschützt. Legg Mason, Inc. behält sich sämtliche Rechte am geistigen Eigentum aller Materialien auf dieser Website vor und wird diese Rechte im Rahmen des gesetzlich Zulässigen durchsetzen. Das auf oder über diese Website zugängliche Material steht nur für persönliche Recherche- und Druckzwecke zur Verfügung. Benutzer dieser Website dürfen nicht anderweitig:

(i) Materialien von dieser Website ohne die ausdrückliche, schriftliche Genehmigung von Legg Mason Inc. (oder einer ihrer Tochtergesellschaften) auf irgendeine Weise kopieren, vervielfältigen, ändern, verkaufen, neu veröffentlichen, posten, übertragen oder verteilen,

(ii) ohne die ausdrückliche schriftliche Genehmigung von Legg Mason Namen, Logos, Texte oder Bilder von Legg Mason Inc. (oder einer ihrer Tochtergesellschaften) verwenden, kopieren, ändern oder anzeigen;

(iii) ohne die ausdrückliche schriftliche Genehmigung von Legg Mason Inc. (oder einer ihrer Tochtergesellschaften) Seiten, Text, Bilder oder andere Inhalte dieser Website mithilfe von „Framing“-Technologie anzeigen; 

(iv) die Seiten, Texte, Bilder oder anderen Inhalte von dieser Website zu anderen Zwecken als zu persönlichen, nicht kommerziellen Recherche- und Druckzwecken ändern oder verwenden; oder

(v) Maßnahmen ergreifen, um den Eindruck einer Verbindung oder finanziellen oder sonstigen Unterstützung zwischen einem Benutzer und/oder einer Website und Legg Mason Inc. (oder einer ihrer Tochtergesellschaften) entstehen zu lassen.

Sie stimmen zu, dass Investments (Europe) Limited bezüglich solcher über diese Website an sie übermittelten Informationen oder Materialien Ihnen gegenüber keiner Vertraulichkeitsverpflichtung unterliegt, sofern nicht anderweitig in einem separaten direkten Vertrag zwischen Ihnen und Investments (Europe) Limited vereinbart.

Sie erkennen an, dass der Inhalt der vorstehenden Bestimmungen dieser Nutzungsbedingungen die möglicherweise in den jeweiligen Nutzungsbedingungen bestimmter Produkte und Dienstleistungen, die über diese Website angeboten werden, dargelegten speziellen Bestimmungen nicht einschränkt. 

Weitere Informationen

3.0 Änderungen der Inhalte auf der Website

Wir behalten uns das Recht vor, nach unserem alleinigen Ermessen jederzeit ohne Benachrichtigung an die Benutzer der Website Teile dieser Bedingungen zu ändern, hinzuzufügen oder zu löschen. Ebenso behalten wir uns das Recht vor, nach unserem alleinigen Ermessen die Inhalte dieser Website zu ändern und Inhalte hinzuzufügen oder zu löschen. Sie müssen diese Bedingungen regelmäßig auf Änderungen hin überprüfen. Alle an diesen Bedingungen vorgenommenen Änderungen, Hinzufügungen und Löschungen werden mit der Veröffentlichung auf dieser Website wirksam. Wenn Sie auf diese Website zugreifen, nachdem wir Änderungen an den Bedingungen veröffentlicht haben, stimmen Sie den geänderten Bedingungen zu.

3.1 Datenschutzerklärung und Datensicherheit

Der Schutz Ihrer Daten ist der Legg Mason Investments (Europe) Limited sehr wichtig. Sofern Informationen, die Sie bereitstellen oder die wir von dieser Website erhalten, personenbezogene Daten darstellen, haben wir Verfahren für die Nutzung dieser Informationen festgelegt.

Sofern dies nicht durch die anwendbaren Gesetze eingeschränkt wird, stimmen Sie zu, dass alle mit Ihnen in Zusammenhang stehenden personenbezogene Informationen/Daten, die von Legg Mason Investments (Europe) Limited jeweils von dieser Website erfasst werden, zu den Zwecken verwendet und den Personen gegenüber offengelegt werden dürfen, die in der aktuellen, gültigen Datenschutzerklärung von Legg Mason Investments (Europe) Limited zugelassen sind. Sie können auf die Datenschutzerklärung von Legg Mason Investments (Europe) Limited zugreifen, indem Sie hier klicken

Legg Mason kann auch Cookies verwenden, wenn Benutzer auf diese Website zugreifen. Weitere Informationen finden Sie in unserer Cookie-Richtlinie.

Bitte beachten Sie, dass Telefongespräche zur Aufrechterhaltung und Verbesserung unserer Dienste überwacht oder aufgezeichnet werden können, wenn Sie Legg Mason Investments (Europe) Limited anrufen. 

3.2 Beendigung

Legg Mason Investments (Europe) Limited behält sich das Recht vor, diese Vereinbarung, Ihren Zugriff auf und Ihre Nutzung dieser Website und/oder aller solcher Websites jederzeit und mit beliebiger Frist sowie mit oder ohne Grund zu beenden.

3.3 Änderung

Legg Mason Investments (Europe) Limited behält sich das Recht vor, nach ihrem Ermessen uneingeschränkt und ohne Vorwarnung oder vorherige Mitteilung alle in diesen Nutzungsbedingungen enthaltenen Informationen oder Materialien oder anderweitig alle geltenden Nutzungsbedingungen für relevante Produkte und/oder Dienstleistungen, die auf dieser Website verfügbar sind, zu ändern. Wenn Sie mit der Verwendung der Website fortfahren, stimmen Sie damit allen solchen neuen, geänderten, gelöschten oder ergänzten Nutzungsbedingungen zu.

Italy

Termini e Condizioni

Il presente sito web contiene informazioni importanti di carattere legale e generale su Legg Mason, Inc. e le sue società d'investimento controllate. Si prega di scorrere verso il basso per prendere visione di quanto segue. Qualora non si fosse d'accordo con qualsiasi parte dello stesso, si prega di non accettare e non accedere al sito web. Per accedere al sito, bisogna selezionare il paese di residenza o il tipo d'investitore, il che serve a limitare l'accesso alle aree nazionali e ai contenuti indirizzati al proprio paese di residenza o al tipo d'investitore. Il sito non è rivolto ai soggetti per cui le informazioni ivi contenute non possono essere per legge fornite da Legg Mason, Inc. e/o dalle sue controllate e tali informazioni non sono volte a un uso contrario a qualsiasi legge o regolamentazione locale. 

Il presente sito web non è rivolto agli ordinamenti che non sono accessibili dal sito internazionale di cui sopra. I prodotti descritti sul sito non sono stati registrati ai sensi dello United States Securities Act del 1933 e non vengono offerti né possono essere venduti negli Stati Uniti o ai cittadini e residenti USA.

Si prega di leggere le "informazioni importanti" di seguito e accettare i termini e le condizioni d'uso del presente sito web e di accedere solo alle informazioni relative al proprio paese di residenza. A seconda del proprio ordinamento, non tutta la gamma di fondi del sito potrebbe essere accessibile. Dichiaro di aver letto i termini e le condizioni d'uso del presente sito web e di accedere solo alle informazioni sui prodotti disponibili nel mio paese di residenza. Cliccando su "accetto", acconsento anche all'inserimento di cookie su questo dispositivo per ricordare le mie preferenze relative al sito e tracciare la mia attività di utente. Maggiori informazioni sulla informativa sui cookie.

Introduzione

1.0 Breve introduzione al sito web

Il presente sito web è solo a titolo informativo e non costituisce un’offerta di vendita o una sollecitazione di offerta di acquisto per qualsiasi titolo cui si fa riferimento su o tramite questo sito, nel quale tale offerta, sollecitazione o collocamento non sarebbe consentita o in cui la persona che promuove l’offerta o la sollecitazione non sia qualificata ad agire in tal senso o a qualsiasi persona alla quale risulti illecito fare tale offerta o sollecitazione. Il sito non costituisce neanche un'offerta o una raccomandazione da parte di Legg Mason Investments (Ireland) Limited o delle sue consociate di titoli, servizi di gestione degli investimenti o di consulenza. Sul sito non si forniscono consulenze d'investimento, fiscali o legali e lei dichiara di non usarlo a tali fini. Non si dichiara che i titoli, i prodotti o i servizi menzionati o accessibili tramite il sito sono indicati per alcun investitore specifico. I prodotti e i servizi indicati sul sito o tramite link sul sito sono soggetti a requisiti legali e regolamentari nei vari ordinamenti e potrebbero non essere disponibili in tutti gli ordinamenti. Gli investitori devono considerare attentamente tutti i rischi, compresi quelli specifici dei prodotti descritti sul sito, prima d'investire in quote o azioni di fondi e dovrebbero rivolgersi, secondo bisogno, a consulenti finanziari, legali, contabili fiscali o di altro tipo.

Nessun soggetto o società (comprese le altre società del settore finanziario) può collegare il proprio sito web al presente sito senza il permesso esplicito di Legg Mason Investments (Ireland) Limited.

1.1 Il gestore del sito web

Il presente sito è di proprietà ed è gestito da Legg Mason Investments (Ireland) Limited, interamente controllata da Legg Mason, Inc. ("Legg Mason"), società holding di servizi finanziari con sede in USA, quotata sulla borsa di New York Stock.

Salvo ove diversamente indicato, tutte le informazioni sul sito sono state approvate per la pubblicazione da Legg Mason Investments (Ireland) Limited, con sede legale sita all'indirizzo 6th Floor, Building Three, Number One Ballsbridge, 126 Pembroke Road, Ballsbridge, Dublin 4, D04 EP27, Ireland. Registrata in Irlanda e iscritta al registro delle imprese con il n. 271887. Autorizzata e regolamentata dalla Banca Centrale d'Irlanda.

2.0 Questo sito web descrive la gestione degli investimenti operata da Legg Mason?

Sì. Il presente sito web può anche fornire informazioni su specifici gestori d'investimento a seconda dell'ordinamento da cui si accede.

Tutte le società di gestione degli investimenti descritte sul sito web (eccetto Shiozumi Asset Management) sono consociate di Legg Mason Investments (Ireland) Limited tramite partecipazioni di comune controllo o di proprietà di Legg Mason e Inc. Legg Mason Investments (Ireland) Limited fa accedere i propri clienti a tali consociate in primo luogo tramite i suoi fondi proprietari con sede in Irlanda, e Gran Bretagna, in cui le stesse operano come gestori o subgestori degli investimenti. Anche se alcune delle consociate sono autorizzate a svolgere la propria attività in uno o più paesi europei, potrebbero non essere autorizzate a offrire i propri servizi di consulenza d'investimento in tutti i paesi europei. 

2.1 Cosa serve sapere sull'esattezza delle informazioni contenute sul sito

Non si rilascia garanzia sulle informazioni contenute sul presente sito web. Legg Mason Investments (Ireland) Limited ritiene che le informazioni e le opinioni riportate sul sito siano esatte alla data di pubblicazione. I prezzi dei fondi riportati sul sito sono solo indicativi e non vanno presi come riferimento per fare operazioni. Per informazioni sui prezzi, cliccare qui.

Sebbene Legg Mason Investments (Ireland) Limited cerchi di assicurarsi in ogni modo ragionevolmente che le informazioni sul sito siano esatte e aggiornate, non può essere ritenuta responsabile di perdite o danni generati dall'uso di informazioni obsolete o sostituite sul presente sito web.

2.2 Il sito fa consulenza finanziaria?

Né, Legg Mason Investments (Ireland) Limited né le altre Società del Gruppo Legg Mason non esprimono consulenze o raccomandazioni d'investimento sui prodotti o sui servizi offerti. Il contenuto del sito non va in alcun modo interpretato come una consulenza o una raccomandazione d'investimento. L'investimento nei fondi indicati nel sito potrebbe non essere adatto a tutti gli investitori. L'investimento nei fondi indicati nel sito va fatto soltanto in base al prospetto, al documento contenente le informazioni chiave per gli investitori e qualsiasi altra documentazione relativa al fondo in questione, compresi i successivi aggiornamenti. 

2.3 Fattori generali di rischio da considerare prima di consultare il sito web
  • La performance del passato non costituisce indicazione dei rendimenti futuri. Il prezzo delle quote o delle azioni e il reddito da esse derivato può salire o scendere e l'investitore potrebbe non riottenere l’importo investito. Il reddito generato può discostarsi da quello previsto al momento dell'investimento.
  • Le variazioni del tasso di cambio possono influire sul valore degli investimenti e dei redditi generati.
  • Esercitando il diritto di rimborso, si potrebbe non ottenere l'importo investito se il prezzo delle quote o delle azioni è sceso nel frattempo.
  • Le spese e i costi, specie quelli iniziali, non vengono imputati uniformemente durante la durata dell'investimento, perciò, chiedendo il rimborso nei primi anni, si potrebbe non ottenere l'importo investito.
  • I prodotti e i servizi d'investimento possono avere effetti fiscali. Non esiste alcuna garanzia che la situazione fiscale o la proposta situazione fiscale all’atto dell’investimento non cambi e dipende dalla propria situazione individuale. S'invita a rivolgersi al proprio consulente fiscale per comprendere gli effetti fiscali dei prodotti e servizi sul sito
  • I dividendi e le plusvalenze su titoli emessi dai fondi potrebbero essere soggetti a ritenute fiscali applicate dai paesi in cui investono tali fondi.
  • L'acquisto di quote o azioni può esporre l'investitore a un rischio significativo di perdere tutto l'importo investito.
  • In caso di dubbi sull'investimento nei fondi indicati nel presente sito web, s'invita a rivolgersi a un soggetto autorizzato specializzato nella consulenza su tali investimenti.
  • L'investimento in prodotti finanziari comporta dei rischi, che cambiano a seconda dei prodotti. Per tutte le informazioni sui rischi dei prodotti, si rimanda ai relativi prospetti e documenti contenenti le informazioni chiave per gli investitori.
2.4 I fondi di questo sito sono disponibili per le "U.S. Persons"?

No, i fondi non sono registrati come società d'investimento negli Stati Uniti ai sensi dello U.S. Investment Company Act del 1940 e sue modifiche, e le loro azioni non sono registrate ai sensi dello U.S. Securities Act del 1933 e sue modifiche ("Securities Act") né ai sensi di altre leggi o regolamenti statunitensi. Le azioni dei fondi non sono disponibili all'acquisto di "U.S. Persons", secondo la definizione di cui al Regolamento S del Securities Act. Le informazioni su questo sito web non sono rivolte alla diffusione o all'uso per soggetti o entità negli Stati Uniti o ordinamenti o paesi in cui ciò sarebbe contro la legge, ovvero che richiederebbe, per i fondi indicati, per Legg Mason Investments (Ireland) Limited (e le sue consociate) o per i suoi prodotti o servizi, un'autorizzazione a livello locale. Si rimanda al prospetto o ai documenti d'offerta del fondo interessato per ulteriori informazioni.

2.5 Il sito web riporta contenuti di terzi?

Sì. Sul presente sito web, si può accedere a dati di mercato, come notizie, relazioni di analisti terzi, ricerche, dati sulle ultime transazioni, quotazioni di titoli e altre informazioni relative a titoli e mercati di titoli ("dati di mercato"). Legg Mason Investments (Ireland) Limited può ottenere i dati di mercato da terzi, da essa indipendenti. Anche se le fonti dei dati di mercato riportati sul sito sono ritenute affidabili, Legg Mason Investments (Ireland) Limited non si assume responsabilità ne rilascia garanzie rispetto al contenuto, l'esattezza, la completezza, la tempestività, l'adeguatezza o l'affidabilità dei dati di mercato.

I dati di mercato sono forniti "come sono" e "secondo disponibilità". Legg Mason Investments (Ireland) Limited non è responsabile di mancato profitto, perdite di trading o altri danni derivanti da dati di mercato o altre informazioni inesatte, errate o non disponibili. Legg Mason Investments (Ireland) Limited non è tenuta ad aggiornare o continuare a offrire i dati di mercato o le altre informazioni accessibili sul sito.

 Il sito dà accesso anche a siti di terzi. Legg Mason Investment (Ireland) Limited non è in alcun modo responsabile del contenuto dei siti il cui link è riportato sul presente sito web. Le informazioni accessibili da tali link non sono redatte o gestite da Legg Mason Investment (Ireland) Limited, e Legg Mason Investment (Ireland) Limited non le ha controllate, non le controllerà né le aggiornerà. Legg Mason Investments (Ireland) Limited non si assume responsabilità né rilascia garanzie rispetto al contenuto, l'esattezza, la completezza, la tempestività, l'adeguatezza o l'affidabilità dei siti di cui è riportato il link.

2.6 Informazioni importanti sulla responsabilità

Legg Mason Investment (Ireland) Limited non rilascia garanzie o dichiarazioni sulla perenne accessibilità del presente sito web. Esso potrebbe essere, senza preavviso, temporaneamente indisponibile o con accesso limitato, per ragioni amministrative o di altra natura.

Lei accetta di manlevare ed esonerare Legg Mason Investments (Ireland) Limited (comprese le società consociate o collegate) e i suoi funzionari, dirigenti, dipendenti e agenti, totalmente ed effettivamente, da azioni, costi, reclami, pregiudizi, perdite, danni, procedimenti o spese (tra cui spese legali e di altra natura e provenienza, comprese quelle relative a reclami di terzi, in modo onnicomprensivo), generati o derivanti, direttamente o indirettamente, da:

(i) accesso o uso da parte sua e/o di terzi del sito web di Legg Mason Investments (Ireland) Limited;

(ii) violazioni o mancata osservanza dei presenti termini e condizioni da parte sua e/o di terzi;

(iii) uso o fornitura di informazioni da parte sua a terzi in violazione dei suoi obblighi di cui ai presenti termini e condizioni.

2.7 Proprietà intellettuale

Tutti i copyright, marchi, loghi, marchi di servizio, nomi commerciali o altre proprietà intellettuali riportate o usate sul presente sito web sono di proprietà di Legg Mason, Inc, o delle società del gruppo Legg Mason.  Il contenuto del presente sito web è protetto dalle leggi sulla proprietà intellettuale; Legg Mason, Inc. si riserva tutti i diritti relativi alla proprietà intellettuale di tutto il materiale sul sito e li farà valere in pieno nei limiti di legge. Il materiale accessibile su o tramite il sito è solo per consultazione e stampa a carattere personale. Gli utenti del sito non possono:

(i) copiare, riprodurre, modificare, vendere, ripubblicare, postare, trasmettere o distribuire in alcun modo il materiale del sito senza l'esplicito permesso scritto di Legg Mason Inc. (o delle sue consociate);

(ii) usare, copiare, modificare o riportate nomi, loghi, testi o immagini di Legg Mason Inc. (o delle sue consociate) senza l'esplicito permesso scritto di Legg Mason;

(iii) riportare pagine, testi, immagini o altri contenuti del sito con tecnologie di "framing" senza l'esplicito permesso scritto di Legg Mason Inc (o delle sue consociate);

(iv) modificare o usare pagine, testi, immagini o altri contenuti del sito per fini diversi da consultazione e stampa a carattere personale e non commerciale;

(v) fare azioni volte a creare un'impressione di affiliazione, sponsorship o sostegno tra un utente e/o il sito web e Legg Mason Inc. (o le sue consociate).

Accetta che Legg Mason Investments (Ireland) Limited non abbia obblighi di riservatezza nei suoi confronti per le informazioni e il materiale trasmessole tramite il sito web, salvo ove diversamente concordato in un contratto separato e diretto tra lei e Legg Mason Investments (Ireland) Limited.

Riconosce che il contenuto dei presenti termini e condizioni non limita eventuali disposizioni specifiche sancite da termini e condizioni di specifici prodotti e servizi offerti tramite il presente sito web.

Informazioni supplementari

3.0 Modifiche al sito web

Ci riserviamo il diritto, a nostra esclusiva discrezione, di modificare, aggiungere o eliminare parti dei presenti termini e condizioni senza preavviso agli utenti del sito. Inoltre, ci riserviamo il diritto, a nostra esclusiva discrezione, di modificare, aggiungere o eliminare il contenuto del presente sito web. La invitiamo a controllare regolarmente tali termini e condizioni.

Modifiche, aggiunte o cancellazioni degli stessi entreranno in vigore con la loro pubblicazione sul presente sito web. Accedendo al sito web dopo la pubblicazione di modifiche ai termini, si accettano tali modifiche.

3.1 Informativa sulla privacy e protezione dei dati

Legg Mason Investments (Ireland) Limited ritiene molto importante la privacy degli utenti. Per le informazioni fornite dagli utenti o da noi ottenute tramite il presente sito web che costituiscono dati personali, abbiamo definito delle procedure per il loro uso.

Fatti salvi i vincoli di legge, lei accetta che tutte le informazioni e i dati personali su di lei raccolti da Legg Mason Investments (Ireland) Limited dal sito web, nel tempo, possono essere usati e comunicati per le finalità e ai soggetti di cui all'Informativa sulla privacy di Legg Mason Investments (Ireland) Limited. Per consultare l'Informativa sulla privacy di Legg Mason Investments (Ireland) Limited, cliccare qui.

Legg Mason, inoltre, può usare cookie al momento dell'accesso al sito, per maggiori informazioni, vedere la nostra informativa sui cookie.

Le telefonate a Legg Mason Investments (Ireland) Limited possono essere monitorate o registrate per la gestione e il miglioramento del servizio.

3.2 Risoluzione

Legg Mason Investments (Ireland) Limited si riserva il diritto di revocarle l'accesso o l'uso al sito web o ad altri suoi siti, in ogni momento, senza preavviso e con o senza una motivazione.

3.3 Modifiche

Legg Mason Investments (Ireland) Limited si riserva il diritto, a sua discrezione, di modificare o cambiare, senza vincoli o preavviso, le informazioni o il materiale di cui ai presenti termini e condizioni o altri termini e condizioni relativi a prodotti o servizi disponibili sul presente sito web.

Il fatto di continuare a usare il sito web vale come consenso ai termini e condizioni e a loro integrazioni, modifiche o cancellazioni intervenute in precedenza.

Japan

当サイトのご利用にあたって

1.注意事項

当ホームページに掲載している情報は、レッグ・メイソン・アセット・マネジメント株式会社のご案内等のほか、投資信託および投資一般に関する情報の提供を目的として当社が作成したものであり、投資信託の勧誘を目的としたものではありません。
最終的な投資の意志決定はお客様ご自身の判断でなさるようにお願いいたします。
なお、予告なしに当ホームページの内容が変更または廃止される場合がありますので、あらかじめご了承ください。

当ホームページは、日本国内在住の個人または法人の方々(日本の居住者であるが国籍を有する国の法律等により制約のある方は除外します。)に対する情報提供を目的としています。

The information referred to in this site is available for Japanese residents only.
The information provided is designed for use by Japanese residents only and should not be relied on by residents of any other jurisdiction.

2.免責事項

当ホームページは信頼できると考えられる情報に基づいて作成しておりますが、情報の確実性、完結性を保証するものではなく、またその使用によって生じた直接的または間接的な損失に対する責任を負うものでもありません。また原因の如何を問わず、通信機器、通信回線、コンピューター等の障害によって生じた当ホームページに掲載している情報の伝達遅延および誤謬、脱漏については当社は一切その責任を負いません。

当ホームページに掲載されている情報は、レッグ・メイソン・アセット・マネジメント株式会社が各種データに基づいて作成したものですが、その情報の確実性、完結性を保証するものではありません。当ホームページに掲載された過去の成績は、将来の成績を予測あるいは保証するものではありません。また掲載されている運用スタンス、目標等は、将来の成果を保証するものではなく、また予告なく変更されることがあります。

当ホームページにあるリンクを使って他のサイトへ移動する場合には、そのサイトに移った時点で、当ホームページのプライバシー規約の適用範囲から外れます。
レッグ・メイソン・アセット・マネジメント株式会社以外の企業または組織に帰属するコンテンツ、およびレッグ・メイソン・アセット・マネジメント株式会社以外の企業のプライバシー方針に対し、当社は一切の責任を負いません。

3.投資信託にかかる手数料等およびリスク

お申込みに際しての留意事項

投資信託に係るリスクについて

投資信託は、主に国内外の株式や公社債等の値動きのある証券を投資対象とし投資元本が保証されていないため、当該資産の市場における取引価格の変動や為替の変動等により投資一単位当たりの価値が変動します。投資者の皆様の投資元本は保証されているものではなく、基準価額の下落により、損失を被り、投資元本を割り込むことがあります。当ファンドの信託財産に生じた利益および損失は、すべて投資者の皆様に帰属します。

又、投資信託は、個別の投資信託毎に投資対象資産の種類や投資制限、取引市場、投資対象国等が異なることから、リスクの内容や性質が異なりますので、ご投資に当たっては目論見書や契約締結前交付書面をよくご覧下さい。

投資信託に係る費用について

【ご投資頂くお客様には以下の費用をご負担いただきます。】

  • 申込時に直接ご負担いただく費用 …… 申込手数料 上限3.78%(税抜3.50%)
  • 換金時に直接ご負担いただく費用 …… 信託財産留保金 上限0.1%(基準価額の0.1%)
  • 投資信託の保有期間中に間接的にご負担いただく費用 …… 信託報酬 上限1.9116%(税抜1.77%)
  • その他費用 …… 上記以外に保有期間等に応じてご負担頂く費用があります。目論見書、契約締結前交付書面等でご確認下さい。

≪ご注意≫

上記に記載しているリスクや費用項目につきましては、一般的な投資信託を想定しております。費用の料率につきましては、当書面に記載されている投資信託が徴収するそれぞれの費用のうち、最高の料率を記載しております。投資信託に係るリスクや費用は、それぞれの投資信託により異なりますので、ご投資をされる際には、事前によく目論見書や契約締結前交付書面をご覧下さい。

4.留意事項

投資信託は銀行預金ではなく、預金保険制度の対象ではありません。投資信託は、金融機関の預貯金と異なり、元本及び利息の支払の保証はありません。証券会社以外で投資信託をご購入された場合は、投資者保護基金の対象にはなりません。

5.著作権等

当ホームページの内容についての著作権は当社に帰属します。著作権法により、無断で複製、引用、転載または転送等を行うことはできません。

6.利用環境

当ホームページでは、より快適にご利用いただくために下記のブラウザを推奨致します。

Windowsをご利用の場合

Microsoft Internet Explorer 11以上
Mozilla Firefox、Google Chrome 最新バージョン

Mac(iOS)ご利用の場合   

Safari 5.0以上

PDF ファイルの閲覧についてファンドの運用レポートなど PDF ファイルの閲覧には Acrobat Readerが必要です。アドビシステムズ、 Adobe Reader 及び Acrobat のロゴマークはアドビシステムズ社の登録商標です。

Portugal

Termos & Condições

O presente site contém informação jurídica e de caráter geral importante sobre a Legg Mason, Inc. e respetivas filiais de investimento. Utilize a barra de deslocação lateral para ler estas secções. Se não concordar nem aceitar qualquer parte ou qualquer secção, não aceite nem entre no site. As pessoas que acedem a este site devem selecionar o país de residência ou o estatuto de investidor e não podem aceder a outras áreas de países ou visualizar conteúdo não destinado ao país de residência ou ao estatuto de investidor aplicáveis. O presente site não é destinado a si se a Legg Mason, Inc. e/ou as respetivas filiais de investimento estiverem proibidas por qualquer lei de qualquer jurisdição de disponibilizar a si a informação deste site e não se destina a qualquer utilização que seja contrária às leis e regulamentações locais. 

O presente site não se dirige a qualquer jurisdição que não seja acessível deste o site internacional acima referido. Os produtos descritos neste site não foram registados ao abrigo do Securities Act of 1933 [lei dos valores mobiliários de 1933] dos Estados Unidos da América, e não são oferecidos, nem podem ser vendidos nos Estados Unidos da América ou a cidadãos e a residentes deste país.

Leia a seguinte «informação importante» e confirme se aceita os termos e condições de utilização do presente site e que só acederá a informação relativa ao seu país de residência. Dependendo da sua ordem jurídica, poderá não ter acesso a todas as gamas de fundos e a todos os fundos disponíveis neste site.

Confirmo que Ii e aceito os termos e condições de utilização do presente site e que só acederei à informação sobre o produto que está disponível no meu país de residência. Premindo em 'aceitar' abaixo, também aceito a definição de cookies no presente computador para recordar as minhas preferências do site e rastrear a atividade do utilizador. Saiba mais sobre a nossa política de cookies.

Introdução

1.0 Breve introdução sobre este site

O presente site destina-se apenas a fins informativos e não constitui uma oferta de venda ou solicitação de oferta para compra de qualquer título eventualmente referido neste site ou por meio deste site, em que uma tal oferta, solicitação ou distribuição seria ilegal ou em que a pessoa que faz tal oferta ou solicitação não está qualificada a fazê-lo ou fá-lo a alguém a quem é ilegal fazer uma tal oferta ou solicitação. O presente site também não constitui uma oferta ou recomendação da Legg Mason Investments (Ireland) Limited, ou de qualquer das suas filiais aqui descritas de qualquer título, serviço de gestão de investimentos, ou serviço de aconselhamento. O presente site não oferece qualquer aconselhamento em matéria de investimento, aconselhamento fiscal ou aconselhamento jurídico, e aceita que este site não ser utilizado para estes fins. Não é feita qualquer declaração de que os valores mobiliários, produtos, ou serviços referidos ou acessíveis através deste site sejam adequados para qualquer investidor em concreto. Os produtos e serviços mencionados em quaisquer links para este site ou neste site estão sujeitos a obrigações legais e regulamentares nas jurisdições aplicáveis e podem não estar disponíveis em todas as jurisdições. Os investidores devem considerar cuidadosamente todos os riscos, incluindo todos os riscos específicos dos produtos descritos neste site, antes de investir em quaisquer unidades de participações ou ações de quaisquer fundos e devem solicitar o aconselhamento de consultores financeiros, jurídicos, contabilísticos, fiscais ou outros pertinentes, conforme necessário.

Nenhuma pessoa ou empresa (incluindo outras empresas do setor financeiro) poderá incluir no seu site um link para este site sem a autorização expressa da Legg Mason Investments (Ireland) Limited.

1.1 Quem é o operador do presente site?

O presente site é detido e operado pela Legg Mason Investments (Ireland) Limited que é uma filial a 100% da Legg Mason, Inc. («Legg Mason»), uma sociedade holding de serviços financeiros com sede nos Estados Unidos da América que está cotada e é negociada na Bolsa de Valores de Nova Iorque. Salvo indicação em contrário, toda a informação deste site foi aprovada para publicação na Europa (excluindo o Reino Unido e a Suíça) esta promoção financeira é publicada pela Legg Mason Investments (Ireland) Limited, com sede social em 6th Floor, Building Three, Number One Ballsbridge, 126 Pembroke Road, Ballsbridge, Dublin 4, D04 EP27, Ireland. Registada na Irlanda com o N.º de Sociedade 271887. Autorizada e regulamentada pelo Banco Central da Irlanda. 

2.0 Este site descreve as capacidades do investimento da Legg Mason?

Sim. O presente site também pode incluir informação sobre determinados gestores de investimento, consoante a jurisdição em que se encontra estabelecido.

Cada das empresas de gestão de investimento descritas neste site (com exceção da Shiozumi Asset Management) é uma empresa afiliada da Legg Mason Investments (Ireland) Limited por controlo comum e co-propriedade da Legg Mason, Inc. A Legg Mason Investments (Ireland) Limited proporciona aos seus clientes o acesso a tais afiliadas, em primeiro lugar através dos seus fundos próprios com domicílio na Irlanda, Luxemburgo e Reino Unido, onde tais empresas afiliadas exercem a função de gestor de investimentos ou de subgestor de investimentos. Embora algumas das afiliadas estejam autorizadas ou possuam licença para realizar a atividade em uma ou mais jurisdições europeias, podem não estar autorizadas a oferecer os seus serviços de aconselhamento em matéria de investimento em todas as jurisdições europeias. 

2.1 O que devo saber acerca da exatidão da informação contida neste site?

Não é dada qualquer garantia a respeito da informação contida neste site. A Legg Mason Investments (Ireland) Limited acredita que a informação contida e opiniões expressas neste site são exatas na data da publicação. Todos os preços de fundos contidos neste site são meramente indicativos e não devem ser utilizados para fins negociais. Para informações sobre preços clique aqui.

Embora a Legg Mason Investments (Ireland) Limited faça todos os esforços razoáveis para garantir que a informação contida neste site é exata e está atualizada, não pode ser responsabilizada por quaisquer perdas ou danos sofridos como consequência da utilização neste site de qualquer informação não atualizada ou já substituída.

2.2 Este site oferece aconselhamento financeiro?

Não. A Legg Mason Investments (Ireland) Limited não presta aconselhamento ou elabora recomendações em matéria de investimento no que diz respeito às suas gamas de produto ou aos serviços prestados. Nada neste site poderá ser interpretado no sentido da prestação de aconselhamento ou elaboração de recomendações em matéria de investimento.

O investimento em qualquer dos fundos mencionados neste site pode não ser adequado para todos os investidores. O investimento em qualquer dos fundos descritos neste site só deve ser efetuado com base no prospeto pertinente, no documento relativo às informações essenciais destinadas ao investidor ou outros documentos pertinentes relativos ao fundo na versão em vigor em dado momento.

2.3 Quais são os fatores gerais de risco que devo conhecer antes de aceder à informação neste site?
  • O desempenho no passado não é indicativo de rendimentos futuros. O preço das unidades de participação ou das ações e o respetivo rendimento pode diminuir ou aumentar e é possível que não recupere o montante inicialmente investido. Os rendimentos a receber podem ser diferentes do montante de rendimento previsto na data da realização do investimento.
  • As flutuações cambiais podem afetar o valor de um investimento e todos os rendimentos daí resultantes.
  • Se exercer o direito de cancelamento, poderá não recuperar o montante inicialmente investido se o preço da unidade de participação ou da ação tiver caído desde que investiu.
  • As deduções de encargos e despesas, em especial a comissão de subscrição, não são uniformes ao longo da vida do investimento, pelo que se resgatar o investimento nos primeiros anos, poderá não recuperar o montante investido.
  • Os produtos e serviços de investimento podem ter consequências fiscais. Não pode ser dada qualquer garantia de que a situação fiscal ou a situação fiscal proposta em vigor na data do investimento não sofrerá alterações ou estará sujeita a uma circunstância individual. Deve solicitar aconselhamento ao seu próprio consultor fiscal para conhecer as consequências fiscais dos produtos e serviços referidos neste site.
  • Os dividendos e mais valias sobre valores mobiliários emitidos nos fundos em causa podem estar sujeitos a retenções fiscais impostas pelos países onde cada fundo investe.
  • A aquisição de unidades de participação ou de ações pode expor um investidor a um risco importante de perder a totalidade do montante investido.
  • Qualquer pessoa que tenha dúvidas acerca do investimento em qualquer dos fundos descritos neste site deve consultar uma pessoa habilitada especializada no aconselhamento de tais investimentos.
  • O investimento em produtos financeiros tem riscos inerentes que variam em função do produto. Para informação completa sobre os riscos de quaisquer produtos, deve ler o prospeto e o documento relativo às informações essenciais destinadas ao investidor.
2.4 A gama de fundos do presente site está disponível para «U.S. Persons» (cidadãos dos Estados Unidos) ?

Não, os fundos não estão registados como empresas de investimento nos «Estados Unidos» ao abrigo da U.S. Investment Company Act of 1940 [lei dos EUA de 1940 sobre as empresas de investimento], conforme alterada, e as ações desses fundos não estão registadas ao abrigo da U.S. Securities Act of 1933 [lei dos EUA de 1933 relativa aos valores mobiliário], conforme alterada (a seguir «Securities Act») nem estão registadas ao abrigo de qualquer outra lei ou regulamento dos «Estados Unidos». As ações dos fundos não estão disponíveis para aquisição por «U.S. Persons» na aceção da Regulation S do Securities Act.

A informação facultada neste site não se destina para distribuição a ou utilização por qualquer pessoa ou entidade nos «Estados Unidos», ou em qualquer jurisdição ou país onde tal distribuição ou utilização sejam contrárias à lei ou regulamento, ou que sujeite qualquer um dos fundos aí descritos, a Legg Mason Investments (Ireland) Limited (incluindo as respetivas afiliadas) ou qualquer um dos seus produtos ou serviços a qualquer registo, licenciamento ou outra obrigação de autorização nessa jurisdição ou nesse país. Consulte o prospeto e documento de oferta aplicáveis ao fundo para mais informação.

2.5 Este site inclui conteúdo de terceiros fornecedores diferentes da Legg Mason e das respetivas empresas afiliadas?

Sim. Através deste site, poderá ter acesso a dados de mercados, tais como relatórios de notícias, relatórios de análise de terceiros, investigação, dados relativos às transações de venda mais recentes, cotações de preços de valores mobiliários, e outra informação relativa a valores mobiliários e aos mercados de valores mobiliários ("Dados de Mercado"). A Legg Mason Investments (Ireland) Limited pode obter estes Dados de Mercado de terceiros que são independentes da Legg Mason Investments (Ireland) Limited. Embora se acredite que as fontes dos Dados de Mercado facultados neste site são fiáveis, a Legg Mason Investments (Ireland) Limited não se responsabiliza e não presta qualquer garantia no que diz respeito ao conteúdo, exatidão, exaustividade, oportunidade, adequação, ou fiabilidade dos Dados de Mercado.

Os dados sobre o mercado são fornecidos no estado em que se encontram ("as is") e "conforme disponível» ("as available"). A Legg Mason Investments (Ireland) Limited não se responsabiliza por lucros perdidos, perdas de negociação, ou quaisquer outros danos resultantes Dados de Mercado ou de outra informação inexatos, deficientes ou indisponíveis. A Legg Mason Investments (Ireland) Limited não está obrigada a atualizar ou a continuar a oferecer Dados de Mercado ou outra informação acessível através deste site.

Também poderá acesso a um site de terceiro. A Legg Mason Investment (Ireland) Limited não é, de forma alguma, responsável pelo conteúdo de qualquer site para o qual o presente site possa conter uma ligação. A informação visualizada pelo utilizador através de tais ligações não foi preparada nem é mantida pela Legg Mason Investment (Ireland) Limited, e a Legg Mason Investment (Ireland) Limited não reviu nem fará qualquer revisão ou atualização da informação contida em qualquer site acedido através de tal ligação. A Legg Mason Investment (Ireland) Limited não se responsabiliza e não presta qualquer garantia no que diz respeito a o conteúdo, exatidão, exaustividade, oportunidade, adequação, ou fiabilidade do site acedido através de tal ligação.

2.6 Informação sobre responsabilidade

A Legg Mason Investments (Ireland) Limited não garante nem declara que o site possa ser sempre acedido. O site poderá, sem aviso prévio, ficar temporariamente indisponível ou sofrer restrição de acesso por motivos administrativos ou outros.

Enquanto utilizador, aceita indemnizar e manter integral e efetivamente indemnizados a Legg Mason Investments (Ireland) Limited (incluindo as suas empresas afiliadas ou empresas associadas) e os seus executivos, directores, funcionários e agentes relativamente a qualquer medida, custo, crédito,  lesão, perda, dano, procedimento judicial ou despesa (designadamente quaisquer honorários legais, custos e despesas independentemente da sua origem, incluindo relativamente a qualquer reclamação de terceiro, a indemnização total) ocasionados ou resultantes direta ou indiretamente ou relativos às seguintes circunstâncias:

i) o seu acesso a e/ou utilização do site da Legg Mason Investments (Ireland) Limited e/ou a utilização do site por qualquer outro terceiro ou entidade e/ou:

ii) qualquer violação ou inobservância de qualquer destes termos e condições por si e/ou por qualquer outro terceiro e/ou:

iii) o funcionamento, utilização ou fornecimento de informação por si a um terceiro em violação de alguma das suas obrigações por força dos presentes Termos e Condições.

2.7 Propriedade intelectual

Todos os direitos de autor, marcas registradas, logótipos, marcas de serviços, nomes comerciais, ou outra propriedade intelectual exibidos ou utilizados em conjugação com o este site são próprios da Legg Mason, Inc, ou de uma das empresas do grupo da Legg Mason. O conteúdo do presente site está protegido pela lei de propriedade intelectual aplicável; a Legg Mason, Inc. reserva-se todos os direitos relativamente à propriedade intelectual de todo o material deste site, e exercerá tais direitos na extensão máxima permitida por lei. O material acessível neste site ou através do mesmo está disponível exclusivamente para fins de navegação e impressão pessoal. Os utilizadores do presente site não podem, salvo disposição em contrário:

i) copiar, reproduzir, modificar, vender, republicar, publicar, transmitir ou distribuir de qualquer forma material proveniente deste site sem a autorização expressa e por escrito da Legg Mason Inc. (ou de qualquer empresa sua afiliada),

ii) utilizar, copiar, modificar, ou exibir qualquer nome, logótipo, texto, ou imagem gráfico da Legg Mason Inc. (ou de qualquer empresa sua afiliada) sem a autorização por escrito expressa da Legg Mason;

iii) exibir qualquer página, texto, imagens, ou outro conteúdo deste site utilizando tecnologia “framing” sem a autorização por escrito expressa da Legg Mason Inc’s (ou de qualquer empresa sua afiliada);

iv) modificar ou utilizar as páginas, texto, imagens, ou outro conteúdo deste site para quaisquer fins diferentes da navegação ou impressão para fins pessoais não comerciais; ou

v) tomar qualquer medida para criar uma impressão de associação, patrocínio ou apoio entre qualquer utilizador e/ou o site e a Legg Mason Inc. (ou qualquer empresa sua afiliada).

Enquanto utilizador, aceita que a Legg Mason Investments (Ireland) Limited não assume qualquer obrigação de confidencialidade a seu respeito relativamente a qualquer informação ou materiais que lhe sejam submetidos utilizando este site, salvo acordo expresso em contrário num contrato direto separado entre si e a Legg Mason Investments (Ireland) Limited.

Enquanto utilizador, reconhece que o conteúdo das disposições anteriores dos presentes e condições não se limitam a quaisquer disposições específicas que possam constar dos termos e condições individuais de determinados produtos e serviços oferecidos através deste site.

Outras informações

3.0 Alterações no conteúdo do site

Reservamo-nos o direito, segundo o nosso critério exclusivo, de alterar, modificar, adicionar ou remover partes dos presentes. Termos a todo o tempo sem aviso aos utilizadores do site. De igual modo, reservamo-nos o direito, segundo o nosso critério exclusivo, de alterar, modificar, adicionar ou remover o conteúdo do presente site. Deve consultar periodicamente os presentes Termos e Condições para tomar conhecimento de quaisquer alterações.

Quaisquer alterações, modificações, ou aditamentos, ou supressões dos presentes Termos e Condições produzirão efeitos na data da publicação neste site. Se aceder a este site após a publicação de alterações ao Termos e Condições, aceitará tais Termos e Condições tal como alterados.

3.1 Política de privacidade e proteção de dados

A sua privacidade é muito importante para a Legg Mason Investments (Ireland) Limited. Na medida em que quaisquer informações por si fornecidas ou por nós obtidas neste site constituam dados pessoais, criamos procedimentos para a sua utilização.

Salvo restrição nos termos da lei aplicável, aceita, enquanto utilizador, que todos os dados e informação a si respeitantes que sejam recolhidos de tempos a tempos pela Legg Mason Investments (Ireland) Limited neste site poderão ser utilizados e divulgados para os fins e às pessoas que estejam em conformidade com a Política de Privacidade atual da Legg Mason Investments (Ireland) Limited. Pode obter uma cópia da Política de Privacidade da Legg Mason Investments (Ireland) Limited clicando aqui.

A Legg Mason também pode utilizar cookies quando os utilizadores acedem a este site, para mais informação consulte a nossa política de cookies.

Se telefonar à Legg Mason Investments (Ireland) Limited, as chamadas poderão ser controladas ou gravadas para manter e melhorar os serviços.

3.2 Cessação

A Legg Mason Investments (Ireland) Limited reserva-se o direito de fazer cessar o presente Acordo, o seu acesso ou a sua utilização do presente site e/ou de quaisquer sites em qualquer momento ou mediante qualquer aviso prévio, com ou sem motivo.

3.3 Modificação

A Legg Mason Investments (Ireland) Limited reserva-se o direito, segundo o seu próprio critério, de modificar e/ou alterar, sem restrição e sem aviso ou notificação prévios, qualquer informação ou material contidos nos presentes termos e condições ou, de outro modo, quaisquer termos e condições aplicáveis aos produtos e/ou serviços pertinentes disponíveis neste site.

A utilização continuada do site indica a aceitação continuada de quaisquer novos termos e condições e de quaisquer termos e condições modificados, suprimidos ou alterados.

Spain

Términos Y Condiciones

Este sitio web contiene información legal y general importante sobre Legg Mason, Inc. y sus filiales de inversión. Por favor, vaya hacia abajo para leer estos apartados. Si no acepta ni consiente alguna parte o apartado, no acepte ni entre en el sitio web. Quienes accedan a este sitio web deberán seleccionar su país de residencia o estatus como inversor y no podrán acceder a ninguna otra área del país ni ver contenido que no esté dirigido al país de residencia o al estatus del inversor en cuestión. Este sitio web no está dirigido a usted si la legislación de cualquier jurisdicción prohíbe a Legg Mason, Inc. y/o a sus filiales de inversión poner la información de este sitio a su disposición, y no está destinada a ningún uso que sea contrario a la legislación o a los reglamentos locales. 
Este sitio web no está dirigido a ninguna jurisdicción que no sea accesible desde el sitio internacional anterior. Los productos descritos en este sitio web no han sido registrados bajo la Ley de Valores de Estados Unidos de 1933, y no se ofrecen ni se pueden vender en Estados Unidos ni a ciudadanos ni residentes estadounidenses.
Por favor, lea la siguiente “información importante” y confirme que acepta los términos y condiciones de uso de este sitio web y que solo accederá a la información relacionada con su país de residencia. Dependiendo de su jurisdicción, es posible que no tenga acceso a todas las gamas de fondos ni a los fondos disponibles en este sitio.

Confirmo que he leído y acepto los términos y condiciones de uso de este sitio web y que solo accederé a la información del producto que está disponible en mi país de residencia. Al pulsar “aceptar” a continuación, también doy mi consentimiento para la configuración de cookies en este equipo, con el objetivo de recordar mis preferencias del sitio y realizar un seguimiento de la actividad del usuario. Obtenga más información sobre nuestra política de cookies.

Introducción

1.0 Una breve introducción sobre este sitio web

Este sitio web es solo para fines informativos y no constituye una oferta de venta ni una solicitud de una oferta para comprar ningún valor al que se pueda hacer referencia en o a través de este sitio web, en el que dicha oferta, solicitud o distribución sea ilegal o en la que la persona que realiza tal oferta o solicitud no está calificada para hacerlo, o para cualquier persona que incurra en la ilegalidad al hacer dicha oferta o solicitud. Este sitio web tampoco constituye una oferta o recomendación de Legg Mason Investments (Ireland) Limited ni de ninguno de sus afiliados descritos en este documento, sobre ningún servicio de seguridad, gestión de inversiones ni asesoramiento. A través de este sitio web, no se ofrecen consejos de inversión, asesoramiento fiscal ni jurídico, y usted acepta que este sitio web no será utilizado por usted para estos fines. No se ofrece garantiza representación de que los valores, los productos o los servicios tratados o accesibles a través de este sitio web sean adecuados para ningún inversor en particular. Los productos y los servicios mencionados en cualquier enlace a este sitio o en este sitio están sujetos a requisitos jurídicos y reglamentarios en las jurisdicciones correspondientes, y es posible que no estén disponibles en todas las jurisdicciones. Los inversores deben considerar detenidamente todos los riesgos, incluidos todos los riesgos específicos de los productos descritos en este sitio web, antes de invertir en participaciones o acciones de cualquier fondo y de consultar a asesores financieros, jurídicos, contables, fiscales u otros relevantes, según sea necesario.

Ninguna persona o empresa (incluidas otras empresas relacionadas con el sector financiero) puede vincular su sitio web a este sitio web sin el permiso expreso de Legg Mason Investments (Ireland) Limited.

1.1 ¿Quién es el operador de este sitio web?

Este sitio web es propiedad y está gestionado por Legg Mason Investments (Ireland) Limited, que es una filial de propiedad exclusiva de Legg Mason, Inc. (“Legg Mason”), una empresa de servicios financieros con sede en Estados Unidos que cotiza en la Bolsa de Valores de Nueva York.

A menos que se indique lo contrario, toda la información en este sitio está aprobada para su publicación por parte de Legg Mason Investments (Ireland) Limited, con domicilio social en 6th Floor, Building Three, Number One Ballsbridge, 126 Pembroke Road, Ballsbridge, Dublin 4, D04,EP27, Ireland. Registrada en Irlanda, N.º de Sociedad 271887. Autorizada y regulada por el Banco Central de Irlanda.

2.0 ¿Este sitio web describe las capacidades de gestión de inversiones de Legg Mason?

Sí. Este sitio web también puede cubrir información sobre determinados gestores de inversiones, dependiendo de la jurisdicción en la que se encuentre.

Cada una de las sociedades de gestión de inversiones descritas en este sitio web (con la excepción de Shiozumi Asset Management) está afiliada a Legg Mason Investments (Ireland) Limited a través del control y la propiedad común de Legg Mason, Inc. Legg Mason Investments (Ireland) Limited ofrece a sus clientes acceso a tales filiales, principalmente a través de sus fondos domiciliados en Irlanda, y el Reino Unido, en los que tales filiales actúan como un gestor de inversiones o un subgestor de inversiones. Si bien algunas de las filiales están autorizadas o tienen licencia para realizar operaciones en una o más jurisdicciones europeas, es posible que no estén autorizadas para ofrecer sus servicios de asesoramiento de inversión en todas las jurisdicciones europeas. 

2.1 ¿Qué necesito saber sobre la precisión de la información contenida en este sitio web?

No se otorga ninguna garantía con respecto a la información contenida en este sitio web. Legg Mason Investments (Ireland) Limited cree que la información contenida y las opiniones expresadas en este sitio son precisas en la fecha de publicación. Los precios de los fondos que figuran en este sitio web son solo indicativos y no se debe confiar en ellos para fines comerciales. Para obtener información sobre precios, haga clic aquí.


A pesar de que Legg Mason Investments (Ireland) Limited llevará a cabo todos los esfuerzos razonables para garantizar que la información contenida en este sitio web sea precisa y se mantenga actualizada, no se hace responsable de las pérdidas o los daños incurridos como resultado del uso de cualquier fecha vencida o información reemplazada en este sitio web.

2.2 ¿Este sitio web ofrece asesoramiento financiero?

No. Legg Mason Investments (Ireland) Limited no proporciona asesoramiento ni recomendaciones de inversión con respecto a sus gamas de productos o servicios ofrecidos. Nada de lo contenido en este sitio web debe interpretarse como una recomendación o un consejo de inversión. Una inversión en cualquiera de los fondos mencionados en este sitio web puede no ser adecuada para todos los inversores. La inversión en cualquiera de los fondos descritos en este sitio web solo debe realizarse según el folleto correspondiente, el documento de datos fundamentales para el inversor u otros documentos relevantes del fondo que puedan modificarse oportunamente. 

2.3 ¿Cuáles son los factores generales de riesgo de los que debería tener conocimiento antes de acceder a la información en este sitio web?
  • Rentabilidades pasadas no garantizan rentabilidades futuras. Tenga en cuenta que el precio de las participaciones o acciones y los ingresos derivados de ellas pueden aumentar o disminuir, y es posible que no recupere la cantidad inicial invertida. Los ingresos por cobrar pueden variar respecto a la cantidad de ingresos estimados en el momento de realizar la inversión.
  • Las fluctuaciones del tipo de cambio pueden afectar al valor de una inversión y a los ingresos que se derivan de ella.
  • Si ejerce cualquier derecho de cancelación, es posible que no recupere el importe inicialmente invertido si la participación o el precio de la acción ha caído desde que invirtió.
  • Las deducciones por cargos y gastos, particularmente el cargo inicial, no se realizan uniformemente durante la vigencia de la inversión, por lo que, si reembolsa la inversión durante los primeros años, es posible que no recupere el importe invertido.
  • Los productos y los servicios de inversión pueden tener consecuencias fiscales. No puede garantizarse que la situación fiscal o la situación fiscal propuesta que prevalece en el momento de una inversión no cambie o esté sujeta a las circunstancias de una persona. Debe consultar a su propio asesor fiscal para comprender las consecuencias fiscales de los productos y los servicios en este sitio web.
  • Los dividendos y las ganancias de capital en valores emitidos en los fondos pertinentes pueden estar sujetos a retenciones fiscales impuestas por los países en los que invierte cada fondo particular.
  • La adquisición de participaciones o acciones puede exponer a un inversor a un riesgo significativo de perder la cantidad total invertida.
  • Cualquier persona que tenga dudas sobre la inversión en cualquiera de los fondos descritos en este sitio web debe consultar a una persona autorizada que esté especializada en asesorar sobre dichas inversiones.
  • Invertir en productos financieros conlleva riesgos inherentes. Los riesgos varían según el producto. Para obtener información completa sobre el riesgo de cualquier producto, debe leer el folleto y el documento de datos fundamentales para el inversor.
2.4 ¿La gama de fondos en este sitio web está disponible para “Personas de Estados Unidos”?

No, los fondos no están registrados como sociedades de inversión en “Estados Unidos” de conformidad con la Ley de Sociedades de Inversión de Estados Unidos de 1940, en su versión modificada, y las acciones de dichos fondos no están registradas de conformidad con la Ley de Valores de Estados Unidos de 1933, en su versión modificada (“Ley de Valores”), ni están registrados bajo ninguna otra ley o reglamento en “Estados Unidos”. Las acciones de los fondos no están disponibles para su compra por parte de “Personas de Estados Unidos”, como se define ese término en la Normativa S de la Ley de Valores.

La información proporcionada en este sitio web no está destinada a ser distribuida a, o utilizada por, cualquier persona o entidad en “Estados Unidos”, o en cualquier jurisdicción o país donde dicha distribución o uso sería contrario a la legislación o reglamentos, o que someta a cualquiera de los fondos descritos en este documento, a Legg Mason Investments (Ireland) Limited (incluidas sus filiales) o a cualquiera de sus productos o servicios a cualquier requisito de registro, licencia u otro requisito de autorización dentro de dicha jurisdicción o país. Por favor, consulte el folleto del fondo correspondiente y el documento de oferta para obtener más información.

2.5 ¿Este sitio web incluye contenido de proveedores externos distintos de Legg Mason y de sus empresas filiales?

Sí. A través de este sitio web, puede tener acceso a datos de mercado, tales como informes de noticias, informes de terceros analistas, investigación, datos de operaciones de última venta, cotizaciones de precios de valores y otra información relacionada con valores y mercados de valores (“Datos de mercado”). Legg Mason Investments (Ireland) Limited puede obtener estos Datos de mercado de terceros independientes de Legg Mason Investments (Ireland) Limited. Aunque se cree que las fuentes de los Datos de mercado proporcionados en este sitio web son fiables, Legg Mason Investments (Ireland) Limited no es responsable ni garantiza los contenidos, la precisión, la exhaustividad, la puntualidad, la idoneidad o la fiabilidad de los Datos de mercado.

Los Datos de mercado se proporcionan “tal cual” y “según disponibilidad”. Legg Mason Investments (Ireland) Limited no será responsable por la pérdida de ganancias, pérdidas de comercialización o cualquier otro daño resultante de datos de mercado inexactos, defectuosos o no disponibles, o de otra información. Legg Mason Investments (Ireland) Limited no está obligado a actualizar ni a continuar ofreciendo Datos de mercado ni otra información accesible a través de este sitio web.

También puede tener acceso al sitio web de un tercero. Legg Mason Investment (Ireland) Limited no es de ninguna manera responsable por el contenido de cualquier sitio web al que este sitio web se pueda vincular. La información a la que se vincula el usuario no es elaborada ni es mantenida por Legg Mason Investment (Ireland) Limited, y Legg Mason Investment (Ireland) Limited no ha revisado ni actualizado la información contenida en ningún sitio web vinculado. Legg Mason Investment (Ireland) Limited no es responsable, y no ofrece ninguna garantía con respecto a los contenidos, la exactitud, la integridad, la oportunidad, la idoneidad o la fiabilidad del sitio web vinculado.

2.6 Información importante sobre responsabilidad

Legg Mason Investments (Ireland) Limited no garantiza ni representa que se pueda acceder al sitio web en todo momento. El sitio web puede, sin previo aviso, estar temporalmente no disponible o restringido por razones administrativas o de otro tipo. Usted acepta indemnizar y mantener a Legg Mason Investments (Ireland) Limited (incluidas sus empresas filiales o asociadas) y a sus directivos, consejeros, empleados y agentes indemnizados total y efectivamente contra cualquier acción, coste, reclamación, lesión, pérdida, daño, procedimiento o gasto (incluidos, entre otros, las comisiones legales, los costes y los gastos de cualquier tipo y cualesquiera que surjan, incluso en relación con cualquier reclamación de un tercero, sobre una base de indemnización completa) ocasionados o derivados directa o indirectamente de o relacionados con:

(i) su acceso y/o uso si el sitio web de Legg Mason Investments (Ireland) Limited y/o cualquier otra tercera persona o entidad utiliza el sitio web; y/o
(ii) cualquier incumplimiento o violación de cualquiera de estos términos y condiciones por parte de usted y/o de cualquier otro tercero; y/o
(iii) la operación, uso o suministro de información por parte de usted a un tercero en incumplimiento de cualquiera de sus obligaciones de conformidad con estos Términos y Condiciones.

2.7 Propiedad intelectual

Todos los derechos de autor, marcas comerciales, logotipos, marcas de servicio, nombres comerciales u otra propiedad intelectual que se muestran en, o se usan en conjunto con, este sitio web son propiedad de Legg Mason, Inc. o una de sus compañías del grupo Legg Mason. El contenido de este sitio web está protegido por la ley de propiedad intelectual correspondiente; Legg Mason, Inc. se reserva todos los derechos con respecto a la titularidad de la propiedad intelectual de todo el material de este sitio web, y hará cumplir dichos derechos en toda la medida permitida por la ley. El material accesible en este sitio web o a través de este es accesible solo para fines personales de navegación e impresión. Los usuarios de este sitio web no pueden si no:

(i) copiar, reproducir, modificar, vender, volver a publicar, publicar, transmitir o distribuir material de este sitio web de ninguna manera sin el permiso expreso y por escrito de Legg Mason Inc. (o cualquiera de sus filiales);
(ii) usar, copiar, modificar o exhibir cualquier nombre, logotipo, texto o imagen gráfica de Legg Mason Inc. (o cualquiera de sus filiales) sin el permiso expreso por escrito de Legg Mason;
(iii) mostrar cualquiera de las páginas, textos, imágenes u otro contenido de este sitio web utilizando tecnología de “encuadre” sin la autorización expresa por escrito de Legg Mason Inc. (o cualquiera de sus filiales);
(iv) modificar o utilizar las páginas, textos, imágenes u otro contenido de este sitio web para fines distintos de la navegación o la impresión para uso personal y no comercial; o
(v) tomar cualquier medida para crear una impresión de afiliación, patrocinio o endoso entre cualquier usuario y/o sitio web y Legg Mason Inc. (o cualquiera de sus filiales).

Usted acepta que Legg Mason Investments (Ireland) Limited no tendrá ninguna obligación de confidencialidad con respecto a la información o los materiales que le sean enviados a través de este sitio web, a menos que se acuerde lo contrario en un contrato directo independiente entre usted y Legg Mason Investments (Ireland) Limited.
Usted reconoce que el contenido de las disposiciones anteriores de estos términos y condiciones no limitará ninguna disposición específica que pueda establecerse en los términos y condiciones individuales de los productos y los servicios particulares ofrecidos a través de este sitio web.

Otra información

3.0 Cambios en el contenido dentro del sitio web

Nos reservamos el derecho, a nuestro exclusivo criterio, de cambiar, modificar, añadir o eliminar partes de estos Términos en cualquier momento sin previo aviso a los usuarios del sitio web. Del mismo modo, nos reservamos el derecho, a nuestra entera discreción, de cambiar, modificar, añadir o eliminar el contenido de este sitio web.

Debe verificar estos Términos periódicamente para conocer los cambios. Cualquier cambio, modificación, adición o supresión de estos Términos será efectivo una vez publicado en este sitio web. Si accede a este sitio web después de que publiquemos cambios en los Términos, usted acepta los Términos como modificados.

3.1 Política de privacidad y protección de datos

Su privacidad es muy importante para Legg Mason Investments (Ireland) Limited. En la medida en que la información que proporcione o que obtengamos de este sitio web constituya información personal, hemos establecido procedimientos para el uso de dicha información.
A menos que esté restringido por la ley correspondiente, usted acepta que cualquier y toda la información/datos personales relacionados con usted, recopilados por Legg Mason Investments (Ireland) Limited de este sitio web ocasionalmente, pueden ser utilizados y divulgados para tales fines y por dichas personas de acuerdo con la política de privacidad actual de Legg Mason Investments (Ireland) Limited. Se puede acceder a una copia de la Política de privacidad de Legg Mason Investments (Ireland) Limited al hacer clic aquí.
Legg Mason también puede usar cookies cuando los usuarios accedan a este sitio web. Para obtener más información, consulte nuestra política de cookies.
Por favor, tenga en cuenta que si llama por teléfono a Legg Mason Investments (Ireland) Limited, las llamadas pueden ser controladas o registradas para mantener y mejorar los servicios.

3.2 Terminación

Legg Mason Investments (Ireland) Limited se reserva el derecho de rescindir este Acuerdo, su acceso o su uso de este sitio web y/o cualquiera de dichos sitios en cualquier momento o aviso con o sin causa.

3.3 Modificación

Legg Mason Investments (Ireland) Limited se reserva el derecho a su discreción de modificar y/o cambiar, sin restricción y sin previo aviso o notificación, cualquier información o material contenido en estos términos y condiciones o, de cualquier otro modo, los términos y condiciones aplicables a los productos correspondientes y/o a los servicios disponibles en este sitio web. Se considerará que el uso continuado del sitio web por parte de usted indica su consentimiento continuo a dichos términos y condiciones nuevos, modificados, eliminados o enmendados.