Important Information

This page contains important legal information - please read carefully before proceeding further. The information below explains the legal and regulatory restrictions in relation to the information contained on this Website and the countries in which the investment funds described are authorised.

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Please read these terms and conditions ("the Terms") carefully. By accessing any page of this Website, you agree to be bound by the Terms below. If you do not agree to the Terms, please do not access any pages of this Website. These Terms are a legal document setting out your rights and obligations and those of BNY Mellon Asset Management International Limited and its associates as defined in section 1152 of the Companies Act 2006 ("Associates") ("BNY Mellon") in relation to the services offered by BNY Mellon through this Website. These Terms contain the full and complete understanding between BNY Mellon and you. No advice or information, whether oral or written, obtained by you through or from the Website or from any conversation with BNY Mellon, its staff or a professional financial adviser will operate to vary these Terms. These Terms may be amended without notice to you. Your continued use of the Website following any changes will mean that you accept such changes.

The Terms and any and all contracts concluded under them are governed by and shall be construed in accordance with the laws of England and Wales and all references in these Terms to laws and regulations are references to English laws and regulations unless otherwise specified. You agree that any dispute/s arising out of the Terms or otherwise between us shall be subject to the exclusive jurisdiction of the Courts of England and Wales.

Whilst considerable care has been taken to ensure the information contained within this Website is accurate and up-to-date, no warranty is given as to the accuracy or completeness of any information and no liability is accepted for any errors or omissions in such information. All products referred to on this Website are subject to change without notice. BNY Mellon may amend the Website and its products and services at any time with or without notice to you. You agree that BNY Mellon shall not be liable to you or to any third party for any amendment, modification, suspension, or discontinuance of the Website or any products or services offered through the Website. BNY Mellon accepts no responsibility for any information contained in any Website accessed via a hypertext link from this Website. No other person/company may link their Website into BNY Mellon's Website without the express written permission of BNY Mellon. The content, accuracy and opinions expressed in such third party Websites are not checked, analysed, monitored or endorsed by BNY Mellon. Access to any third party Website is at your own risk. You agree that BNY Mellon has no responsibility or liability for any third party Website and that BNY Mellon shall not be liable in any way for any damage or loss caused in relation to the content, goods, products or services available through such third party Website.

You agree that you will only use the Website in a way which is consistent with the Terms and which complies with applicable laws and regulations. In particular, you agree that you will not use the Website to send or upload any material containing software, viruses or other codes, programs or files designed to interrupt, destroy, damage or limit the functionality of any computer software, hardware or telecommunications equipment or in any other manner which would interfere with or disrupt the Website.

The information contained on this Website, save for, where available, the Buy Online Service (see below), does not constitute a distribution, an offer to sell or the solicitation of an offer to buy in any jurisdiction. Some products detailed on this Website are only available to persons in certain named countries. If you are accessing this Website outside the UK, your local legislation may not permit us to offer products to you in your own country. Please check with your professional financial adviser as to whether such products are available in the country in which you are resident.

Please note that the Buy Online Service is directed only at persons in the UK and is not to be regarded as an offer to buy or sell or the solicitation of an offer to buy or sell securities in any jurisdiction other than the UK. Persons resident in territories other than the UK should consult their professional financial advisers as to whether they require any governmental or other consents or need to observe any formalities to enable them to invest in BNY Mellon products described in this Website. The provision of the information in this Website does not constitute an offer to purchase securities to any person in the United States, any state thereof or its territories or possessions or to any U.S. Person as such term is defined under the United States Securities Act of 1933, as amended.

Should you be a UK person and make use of the Buy Online Service you will be required to read and understand some specific Buy Online Service Terms & Conditions relating to this service which will form a legally binding agreement between the parties.

BNY Mellon does not offer investment advice on the merits or suitability of its products and no information contained within this Website should be construed as such. No warranty is given in relation to any information or advice, whether oral or written, obtained from BNY Mellon through this Website or otherwise.

BNY Mellon only provides information about its own products and services and in relation to the Buy Online Services does not give investment advice based on individual circumstances. BNY Mellon believes that it is important that any investments you make are suitable for your needs. Therefore we recommend that prior to making an investment into any of our products you consult with a professional financial adviser who will be able to consider your particular investment and help you to determine which is most appropriate for your circumstances.

Except where stated otherwise, the contents of this Website are based on BNY Mellon's interpretation of United Kingdom taxation law and practice as at the date appearing at the foot of each product fact sheet. While we believe this interpretation is correct as at the relevant date, we can give no guarantee that tax reliefs and the tax treatment of funds will remain the same in the future. The value of any tax reliefs will depend on individual financial circumstances and the country of residence of the relevant investor. If you are in any doubt, you are advised to consult your professional financial adviser.

BNY Mellon accepts no legal liability for loss, damages or expenses which you may suffer or incur directly or indirectly by you accessing this Website. BNY Mellon reserves its right to restrict, suspend or terminate your use of this Website at any time in its absolute discretion. BNY Mellon will use all reasonable efforts to keep this Website operational at all times. BNY Mellon does not guarantee that the Website or that use of the Website will be free from fault or error nor that the Website will be permanently accessible. Access to the Website may be interrupted or restricted for routine or emergency maintenance or repairs or to introduce new facilities, products, functionality or services. BNY Mellon cannot be held responsible for any disruptions inherent in the operation of the Internet and the World Wide Web including viruses beyond BNY Mellon's control and BNY Mellon excludes all liability for direct and indirect losses thereby caused or contributed to.

You may download materials and information from the Website to a single personal computer and/or print a hard copy of any materials and information from the Website in order to help you decide whether to invest in any BNY Mellon product and/or to take advice from a professional financial adviser regarding any BNY Mellon product provided that you do not delete, change or modify in any way any copyright notices or disclaimers attaching to such materials and information. Except for this limited licence you may not copy, reproduce, re-publish, upload, post, transmit or distribute any material or information from this Website in any way. Doing so may constitute an infringement of BNY Mellon and/or a third party's copyright and other intellectual property and/or may constitute an infringement of laws, rules or regulations applicable to the marketing or sale of securities.

The copyright in the Website and (unless otherwise indicated) its contents including all information, graphics, code, text and design are owned by BNY Mellon. All material on this Website is Copyright © 2010 BNY Mellon. Unauthorised use of any BNY Mellon name and logo is strictly forbidden.

In the event of a professional financial adviser wishing to publish or distribute written marketing or other promotional material based upon the content of this Website, he/she may only do so having first obtained the prior written consent of BNY Mellon.

This Website contains names and logos which are trademarks of BNY Mellon. Any use of any of these names and logos would constitute an infringement of those trademarks and is therefore forbidden.

In the event that any part of these Terms is held by a court of competent jurisdiction to be invalid or unenforceable then the remainder of the Terms shall remain valid and enforceable. If any part of these Terms is found by a court of competent jurisdiction to be invalid, then you nevertheless agree that the court shall endeavour to give effect to BNY Mellon's intentions as reflected in the Terms.

BNY Mellon Asset Management International Limited is authorised and regulated by the Financial Services Authority. BNY Mellon Global Funds, plc and Universal Liquidity Funds plc are regulated in Ireland by the Irish Financial Services Regulatory Authority. BNY Mellon Global Management Limited is the authorised manager of BNY Mellon Global Funds, plc and Universal Liquidity Funds plc.

BNY Mellon Fund Managers Limited, ISA Manager, ACD and Unit Trust Manager, is authorised and regulated by the Financial Services Authority. BNY Mellon Fund Managers Limited is the authorised corporate director (ACD) of BNY Mellon Investment Funds.

The registered address of BNY Mellon Asset Management International Limited is The Bank of New York Mellon Centre, 160 Queen Victoria Street, London, EC4V 4LA.

BNY Mellon Asset Management International Limited (“AMIL”) is a subsidiary of BNY Mellon Asset Management International Holdings Limited (“AMIH”). AMIH is itself an indirect subsidiary of Mellon International Holdings S.àr.l ("MIH"). AMIL therefore forms an integral part of the MIH Basel II Pillar 3 disclosure to meet local regulatory requirements. A copy of this disclosure can be found on the BNY Mellon Website using the following link: Basel II Pillar 3 Disclosures

Past Performance is not a guide to the future. The value of investments and the income from them is not guaranteed and may fall as well as rise. When you sell your investment you may not get back the amount originally invested.

Funds with an emphasis on the generation of income may charge their annual management charge to capital. Investors should be aware that there is a potential for future capital erosion. Certain funds may invest in overseas securities. The value of overseas securities will be influenced by the rate of exchange used to convert them back into the base currency of the fund. Fluctuations in rates of exchange may affect the value of overseas investments. Certain funds may invest in Emerging Markets. Emerging Markets have additional risks associated with local custody and registration practices that may be less developed than more mature markets. Certain funds hold sub-investment grade bonds (which typically have a low credit rating and carry a high degree of risk), which may affect the value of your capital.

Certain funds have a concentrated portfolio of stocks due to investment in a single country or geographic area or investment in a limited number of securities, giving rise to concentration risk.

Equity based investments including unit trusts and investment companies with variable capital (ICVCs) should not be considered as short term investments and should be typically held for at least five years.

Research and analysis contained in this Website that has been approved by BNY Mellon is for information purposes only and should not be construed as information or a recommendation to buy and sell a particular security.

Anyone considering making an investment should consult their professional financial adviser. An investor seeking to invest in any product appearing on this Website should only do so after reading the relevant documentation which can include but is not limited to the latest annual report and accounts, the simplified prospectus, the prospectus and any supplements or addenda or other prevailing terms and conditions.

At BNY Mellon we take the issue of privacy very seriously. We would like to assure visitors to our Website of the security, privacy and confidentiality that they would expect from a leading financial services institution.

We do not endorse and accept no responsibility for the content of any Website not operated by BNY Mellon which you may visit by following a link from this Website.

No other Website, without the prior written permission of BNY Mellon is authorised to link to any part of this Website other than the home page nor when so linking to place, integrate or display any bar, frame or partial frame or any additional branding or graphic around the view of this Website presented to the internet user.

General
We do not collect any personal information from anyone who is merely visiting or browsing our Website. However, personal information may be requested from visitors who choose to respond to online surveys, to send BNY Mellon an email message or to apply for certain products and services online.

Email and product inquiry
Through the use of a "Contact Us" feedback form, visitors to our Website are invited to send email messages to BNY Mellon in order that we may respond to enquiries regarding our products or services.

Use of cookies
A cookie is a small piece of information about an internet session that may be created when a visitor accesses a Website. Presently, our Website uses cookies to facilitate easier navigation within the site and provide a higher level of convenience for the visitor. Your internet browser is likely to accept cookies by default, however you can set your browser to reject cookies and delete them from your system anytime. The cookies used by BNY Mellon do not retrieve any information from the visitor's personal computer.

Improved customer service
BNY Mellon uses the information collected from visitors to its Website to address the specific needs of those visitors and to provide better customer service, including the supply of the latest information regarding BNY Mellon products.

Record of communications
The information collected is also used to maintain a record of communications between BNY Mellon and its Website visitors, and to comply with any applicable legal or regulatory requirements. Where there is contact on either side by telephone the call will be recorded for training and monitoring purposes.

Data protection
The use of your personal information is covered by the registrations of BNY Mellon under the Data Protection Act 1998 (“the Act”). The personal information you supply may be used to provide the service applied for, confirm/update customer records and used to confirm your identity. It will be held on a database and may be shared with and used by any company within BNY Mellon in the U.K. and internationally who are obliged by law or agreement to comply with the principles set out in the Act. BNY Mellon may also be required to transfer personal information to HMRC from time to time in order to process tax returns. Under the Act you have the right to obtain a copy of the information held about you for which you may be charged a fee. You hereby agree that we may use, disclose and transfer this personal data as described herein. If you do not wish for your details to be used in the above manner and/or if you do not wish to receive marketing approaches please write to BNY Mellon Asset Management International Limited at The Bank of New York Mellon Centre, 160 Queen Victoria Street, London, EC4V 4LA.

Employees
Selected BNY Mellon employees have access to the information collected in order to respond to each visitor's needs and provide that visitor with information regarding specific products in which they may have an interest. BNY Mellon employees are instructed to use strict standards of care when handling the personal/confidential information of BNY Mellon customers.

Third parties
BNY Mellon does not transmit any personal information collected through its Websites to any third-party marketers. However, BNY Mellon does offer the opportunity to its Website visitors to link to the Web pages of third parties who provide products and services not supplied by BNY Mellon. Once the visitor leaves the BNY Mellon site, BNY Mellon does not receive any further information from the visitor.

Visitors
Visitors having specific questions regarding any information they have sent to BNY Mellon through the Website should write to BNY Mellon Asset Management International Limited at The Bank of New York Mellon Centre, 160 Queen Victoria Street, London, EC4V 4LA.

FSA Complaints Procedures

BNY Mellon Asset Management - Client Services (UK) - clientservices@bnymellon.com
BNY Mellon Asset Management - Broker Support (UK) - brokersupport@bnymellon.com
BNY Mellon Asset Management - International Sales - internationalsales@bnymellon.com