Legal Notice

This website provides general and specific information about products and services offered by members of the Nomura Asset Management group, including Nomura Asset Management International Inc., Nomura Asset Management Europe KVG mbH, Nomura Asset Management U.K. Limited and certain other affiliates (referred to collectively in this Legal Notice as “Nomura Asset Management”). The entity responsible for a particular product, service or communication is identified in the relevant page or document. No entity will transact business in any jurisdiction unless the appropriate licences have been obtained or an applicable exemption has been established. Nomura Asset Management grants you the limited, revocable, non-exclusive, non-transferable right to view, copy and print the contents of this website solely for your personal, informational, and non-commercial use, and for no other use, except as expressly authorised in writing by Nomura Asset Management. The information may not be modified, reused, or reposted without written permission of Nomura Asset Management.

Nomura Asset Management U.K. Limited

The following provisions apply to material on this website identified as issued or approved by Nomura Asset Management U.K. Limited (“NAM UK”). For that material, these provisions prevail over inconsistent general provisions of this Legal Notice.

NAM UK is authorised and regulated in the United Kingdom by the Financial Conduct Authority, firm reference number 122703. NAM UK is registered in England, Company No. 1859421. Registered office: 1 Angel Lane, London EC4R 3AB.

Material issued or approved by NAM UK is intended for Professional Clients and Eligible Counterparties as defined under MiFID II. It is not intended for retail investors or for any person in any jurisdiction where its distribution or use would be unlawful.

Nothing in this Legal Notice excludes or restricts any liability or regulatory duty of NAM UK that cannot lawfully be excluded or restricted.

Nomura Asset Management will use reasonable efforts to include accurate and up-to-date information; however, Nomura Asset Management makes no representations or warranties, express or implied, as to the accuracy or completeness of the information provided herein. In the event there is a discrepancy between a copy of your client statement that you have received in paper format and a copy of your client statement for the same period on this website, the paper copy of your client statement shall control, subject to applicable law and any relevant client agreement. Any research or analysis contained herein has been procured by Nomura Asset Management for its own purposes and is provided solely to illustrate our research and analytical processes. Opinions contained herein are subject to change without notice. To the extent permitted by applicable law, Nomura Asset Management and its affiliates shall not be liable for any loss, whether direct or indirect, arising from use of any part of the information provided. Nothing in this paragraph excludes or restricts any liability or legal or regulatory duty that cannot lawfully be excluded or restricted.

Any portfolio or performance information is historical and is not an indication of current or future portfolio characteristics or performance. The value of investments and any income from them may fall as well as rise, and investors may not recover the amount invested. It should not be assumed that any investment will be profitable or will equal the performance of the portfolios or any securities mentioned herein. The information does not constitute a recommendation to buy or sell any securities mentioned.

The information contained on this website is based on the current legal and tax environment. Nomura Asset Management cannot accept responsibility that this legal and tax environment may not change by way of court decisions or administrative practice and ordinances. Such change in the interpretation of law can also become effective retroactively and can negatively affect the tax analysis. Tax treatment depends on the individual circumstances of clients and may be subject to future changes. If you are in any doubt, you are advised to consult your professional financial and tax advisers.

The Nomura Asset Management information provided herein may be used in conjunction with the offering of shares only if such offer of shares is preceded or accompanied by a prospectus. The only legal basis for the acquisition of investment fund units is the current prospectus (if available), key information document (PRIIPs KID), key investor information document (UCITS KIID) - as appropriate for your relevant jurisdiction - and fund rules in connection with the latest annual report and/or semi-annual report of the investment fund. Prospectuses contain more complete information on fees and expenses and should be read carefully before investing.

The distribution of the information contained herein and the offering of the units of investment funds mentioned on our website is prohibited in many countries, unless a notification is submitted by the management company of the funds to the local supervisory authorities and/or a permission is obtained from the local supervisory authorities. As long as no such notification has been given and/or permission has been obtained, there is no presumption of any offering relating to the acquisition of any units of investment funds.

* Nomura Asset Management is part of the Investment Management Division of the Nomura Group, providing integrated public and private market asset management services across equities, fixed income, private credit and multi-asset solutions to intermediary and institutional clients. We reserve the right to change the website and this Legal Notice at any time, without notice. If you use this website after we post changes to this Legal Notice, you accept the Legal Notice as modified.

Certain parts of this website may be protected by passwords or require a login. Further, for authentication purposes, certain features on this website may require you to answer a designated security question. You agree to provide Nomura Asset Management with current, complete, and accurate information as prompted by the applicable registration process and agree to regularly update this information to maintain its completeness and accuracy. You agree not to obtain or attempt to obtain unauthorised access to such parts of or features on this website, or to any other protected materials or information, through any means not intentionally made available to you by Nomura Asset Management.

You are responsible for maintaining the confidentiality of any account information, usernames, logins, passwords, and security questions and answers that you use to access any page or feature on this website, and for logging off from your account and any protected areas of the website. Further, you are fully responsible for all activities occurring under your accounts (including usernames, logins, passwords, and security questions and answers) that result from your negligence, carelessness, misconduct, or failure to use or maintain appropriate security measures. You agree to promptly restrict unauthorised individuals from accessing the website. If you become aware of any suspicious or unauthorised conduct concerning your accounts, usernames, logins, passwords, or security questions and answers, you agree to contact Nomura Asset Management immediately. Nomura Asset Management will not be liable for any loss or damage arising from your failure to comply with this paragraph.

Privacy Statement

To ensure service quality and to better serve our customers, Nomura Asset Management expressly reserves the right to access, archive, or monitor any use of this website. Any access, archiving or monitoring of website use is subject to applicable data-protection law and the relevant Privacy Notice. Please refer to the Privacy Notice and cookie information for details of how personal data and cookies are used.

General Disclaimers

No warranties. Nomura Asset Management does not make nor imply any warranties about this website. We disclaim, to the fullest extent permitted by applicable law, any such express or implied warranties, including the implied warranties of merchantability, fitness for a particular purpose, and non-infringement. Our disclaimer may not apply to you if you live in a country that does not allow disclaimers of implied warranties.

Service may be interrupted. This website is owned and operated by Nomura Asset Management International Inc. Nomura Asset Management may modify, suspend, discontinue, or restrict the use and availability of any portion of this website at any time, without notice or liability. Your use of this website may be monitored by Nomura Asset Management and used for Nomura Asset Management’s internal business purposes, without liability. This website may not always be accessible to you. Nomura Asset Management does not guarantee that services provided by this website will not be interrupted. Periods of volatile or unusual market activity, in particular, may affect systems availability or response time.

You are responsible for your connectivity. You also agree that you are responsible for the means you use to access the nomuraassetmanagement.com and other Nomura websites, as applicable, and understand that your hardware, software, the internet, your internet service provider, and other third parties involved in connecting you may not perform as intended or desired.

Downloads may not be error free. We also do not promise that any software or other information that you may download or copy will be error free. If any defects are detected, we do not promise that they will be corrected.

We are not responsible for third-party links. You agree that you will not link to this website. We do not review, and are not responsible for, the content or continued accessibility of the services provided or information posted by any independent providers who are not affiliated with Nomura Asset Management ("third parties") or third-party sites that are linked to our website, either with or without our permission. We do not represent or warrant that the information or services (for example, market data or financial tools) provided by such third parties are suitable for you, timely, accurate, complete, or reliable. By providing access to other websites, Nomura Asset Management is not recommending the purchase or sale of securities issued by any company, nor are we endorsing the products or services provided by such third party.

We are not responsible for third-party damages. Nomura Asset Management also disclaims responsibility for any damages third parties may cause to you through the use of this website, whether intentional or unintentional. For example, you understand that hackers may breach our security procedures and that Nomura Asset Management will not be responsible for any related damages.

We are not responsible for viruses. Nomura Asset Management has no responsibility for viruses or any other damage that may be caused to you as a result of using this website.

Information may not be accurate or timely. Nomura Asset Management makes available the information and materials on this website for informational purposes only. They should not be used or considered as an offer to sell, a solicitation of an offer to buy, or a recommendation for any security. Although Nomura Asset Management intends that the information on this website is reliable and statements of fact have been obtained from sources considered reliable, when you use this website you also agree that Nomura Asset Management does not represent or warrant that the information or services provided are accurate, complete, timely, reliable, or suitable for you. Moreover, the information and services are general in nature, may not apply to particular factual or legal circumstances, and Nomura Asset Management is not intending to, and explicitly is not, providing tax, legal, or investment advice. Nomura Asset Management has no duty to update the content of this website.

Trademarks and Patents

All trademarks, service marks, and logos appearing on this website are the exclusive property of their respective owners.

Restrictions and Prohibited Uses

Any use or attempted use of the website (i) for any unlawful, unauthorised, fraudulent or malicious purpose, or (ii) that could damage, disable, overburden, or impair any server, or the network(s) connected to any server, or (iii) that could interfere with any other party's use and enjoyment of the website, or (iv) to gain unauthorised access to any other accounts, computer systems or networks connected to any server or systems through hacking, password mining or any other means, or (v) to access systems, data or information not intended by Nomura Asset Management to be made accessible to a user, or (vi) to obtain or attempt to obtain any materials or information through any means not intentionally made available by Nomura Asset Management, or (vii) for any use other than the purpose for which it was intended, is prohibited. Except as may be expressly limited by the applicable Nomura privacy policies, Nomura Asset Management reserves the right at all times to disclose any information as Nomura Asset Management deems necessary to satisfy any applicable law, regulation, legal process or governmental request.

Termination

The rights granted to you herein terminate immediately upon any violation by you of the terms set forth in this Legal Notice (these “Terms of Use”). Nomura Asset Management, in its sole discretion, reserves the right to temporarily or permanently terminate your access to and use of this website at any time and for any reason whatsoever, without notice or liability. Nomura Asset Management will not be liable to you or any third party for any termination of your access to or use of this website.

Liability and Indemnity

ANY MATERIALS DOWNLOADED OR OTHERWISE OBTAINED THROUGH THIS WEBSITE ARE SO OBTAINED AT YOUR OWN RISK. YOU ARE SOLELY RESPONSIBLE FOR ANY DAMAGE TO YOUR COMPUTER SYSTEM OR OTHER EQUIPMENT, OR LOSS OF DATA THAT RESULTS FROM SUCH DOWNLOAD.

NEITHER NOMURA ASSET MANAGEMENT INTERNATIONAL INC. NOR ITS AFFILIATES, SUBSIDIARIES, NOMURA ASSET MANAGEMENT EUROPE KVG MBH, NOMURA ASSET MANAGEMENT U.K. LIMITED AND THEIR RESPECTIVE DIRECTORS, OFFICERS, EMPLOYEES, AGENTS, LICENSORS, OR ANY THIRD-PARTY INFORMATION PROVIDERS AND VENDORS WILL BE LIABLE FOR ANY DIRECT, INDIRECT, INCIDENTAL, SPECIAL, CONSEQUENTIAL, PUNITIVE, OR EXEMPLARY DAMAGES, INCLUDING BUT NOT LIMITED TO, DAMAGES FOR LOSS OF PROFITS, REVENUE, INCOME, GOODWILL, USE, DATA, OR OTHER INTANGIBLE LOSSES, OR DAMAGES CAUSED BY THEFT, UNAUTHORISED ACCESS, SYSTEMS FAILURE, OR COMMUNICATIONS LINE FAILURE, OR THE COST OF PROCURING SUBSTITUTE GOODS OR SERVICES, CAUSED BY THE USE OF OR INABILITY TO USE THE WEBSITE, MATERIALS, OR ANY PRODUCTS OR SERVICES PROVIDED HEREIN, OR ANY OTHER MATTER RELATING TO THIS WEBSITE, EVEN IF ANY OF THEM HAS BEEN ADVISED OF THE POSSIBILITY OF SUCH DAMAGES. SOME JURISDICTIONS DO NOT ALLOW THE EXCLUSION OR LIMITATION OF INCIDENTAL OR CONSEQUENTIAL DAMAGES, SO THE ABOVE EXCLUSIONS OR LIMITATIONS MAY NOT APPLY TO YOU. TO THE EXTENT THAT A JURISDICTION DOES NOT PERMIT THE EXCLUSION OR LIMITATION OF LIABILITY AS SET FORTH HEREIN, THE LIABILITY OF NOMURA ASSET MANAGEMENT INTERNATIONAL INC. AND ITS AFFILIATES, SUBSIDIARIES, NOMURA ASSET MANAGEMENT EUROPE KVG MBH, NOMURA ASSET MANAGEMENT U.K. LIMITED, AND THEIR RESPECTIVE DIRECTORS, OFFICERS, EMPLOYEES, AGENTS, LICENSORS, AND ANY THIRD-PARTY INFORMATION PROVIDERS AND VENDORS IS LIMITED TO THE EXTENT PERMITTED BY LAW IN SUCH JURISDICTIONS.

You agree to indemnify, defend, and hold harmless Nomura Asset Management International Inc., its subsidiaries, Nomura Asset Management Europe KVG mbH, Nomura Asset Management U.K. Limited and other affiliates, and their respective officers, directors, employees, and agents, from and against all claims, demands, liabilities, damages, losses, or expenses, including attorney's fees and costs, arising out of or related to your improper access to or use of this website, or any violation by you of these Terms of Use.

Integration and Severability

If any provision of these Terms of Use is deemed unlawful, void, or unenforceable, then that provision will be deemed severable from these Terms of Use and will not affect the validity and enforceability of the remaining provisions. These Terms of Use represent the entire agreement between you and Nomura Asset Management relating to the subject matter herein.

For more information regarding legal matters, including copyright and use policies, contact the Nomura Asset Management Legal Department.