Terms of use

Terms of use

General

The issuer of the content of this website is Nordea Bank S.A., which is registered in Luxembourg under the law of 5th April 1993 as a credit institution and is authorised and regulated by the Commission de Surveillance du Secteur Financier.  It is acting on behalf of its affiliates Nordea Bank S.A., Luxemburg, Zweigniederlassung Zürich, Nordea Investment Funds S.A., Nordea Life & Pensions S.A. and Nordea Life & Pensions Ltd, hereafter together referred to as "Nordea".
All queries with regard to the content of this website are to be directed to the Sitemanager at sitemanager@nordea.lu
or to
Nordea Bank S.A.
P.O. Box 562
L-2015 Luxembourg
Att.: Sitemanager

Tel.: +352 43 88 71
Fax: +352 43 93 52
This website has been produced solely for the personal information of those users having accepted the terms and conditions of this disclaimer.
Errors and omissions excepted.

Service providers
The website may include services provided by Nordea Bank AB (publ) or other companies belonging to the Nordea Bank AB (publ) group. Information about the Nordea Bank AB (publ) group and the group companies is available at www.nordea.com under the menu-item 'About Nordea'.
Information on the primary service provider

Nordea Bank S.A.
562, rue de Neudorf
L-2220 Luxembourg
Luxembourg
Telefon: +352 438871
Fax: +352 42 44 93
E-Mail: sitemanager@nordea.lu
VAT number: LU 1057 7341
Corporate registration number: B 14157

Users & Information
The information on this website has been compiled from sources that Nordea believes to be reliable, but no representation or warranty is made, or guarantee given, by Nordea or any other person as to its accuracy or completeness. It is illegal for any other persons to make representations which are contrary to this effect.

Unless otherwise indicated, all opinions and estimates expressed in this website are entirely those of Nordea and are subject to change without notice. Neither Nordea nor any other person accepts any liability whatsoever for any loss howsoever arising from any use of this website or its contents, or otherwise arising in connection therewith. Each user of this website shall be solely responsible for making his/her own independent investigation of the business, financial condition and prospects of companies referred to in the website.

The Nordea website is not directed to any person in any jurisdiction where, by reason of that person's nationality, residence or otherwise, the publication or availability of the website is prohibited. Persons in respect of whom such prohibitions apply, must not access the website.
The information supplied on this Nordea website is provided subject to the laws of the Grand Duchy of Luxembourg and may only be accessed from other jurisdictions at the own risk of the person accessing such information.

Important information for US Persons

The Board of Directors has decided that the Shares shall not be offered or sold to US Persons. For this purpose, the term “US Person” shall include:
• a citizen of the United States of America irrespective of
his place of residence or a resident of the United States of
America irrespective of his citizenship;
• a US Passport holder;
• a person born in the US and renounced citizenship;
• a dual citizen of the US and another country;
• a person who is a lawful permanent resident of the United
States, i.e. a holder of „Green Card“;
• a person who has a substantial presence in the US, i.e. a none-US citizen that is present in the US for at least 183 days by counting
• all the days (at least 31) in the current year,
• 1/3 the days in the immediately preceding year, and
• 1/6 the days in the second preceding year;
• a non-US citizen that is not a diplomat, teacher, student or an athlete;
• a partnership organised or existing in laws of any state, territory or possession of the United States of America;
• a corporation organised under the laws of the United States of America or of any state, territory or possession thereof or
• any estate or trust which are subject to United States tax
regulations.

As the above-mentioned definition of “US Person” differs from Regulation of the US Securities Act of 1933, the Board of Directors of the Company, notwithstanding the fact that such person or entity may come within any of the categories referred to above, has granted authority to Nordea Investment Funds S.A. to determine, on a case by case basis, whether ownership of Shares or solicitation for ownership of Shares shall or shall not violate any securities law of the United States of America or any state or other jurisdiction thereof.
For further information on restricted or prohibited Share ownership please consult the Company or the Management Company.

No offer
The information contained in this website is not, and should not be construed as, a solicitation or offer, or recommendation, to acquire or dispose of any investment or to engage in any other transaction, or to provide any investment advice or other financial or banking service.
No legal or contractual relationship exists between Nordea and the user through the use of this website and the information contained therein. This website is not intended to be used as a substitute for specific financial or other professional advice, nor should any persons consider it as such. Each user should seek financial or other professional advice before using the information contained in this website.

Subscriptions into Nordea investment funds (those investment funds for which Nordea Investment Funds S.A. acts as management company) will only be received and shares issued on the basis of the fund's current prospectus and the latest audited annual report. Copies of each fund's current prospectus and the latest audited annual report may be obtained from Nordea Investment Funds S.A. or its authorised agents.
The value of investments may rise and fall. Past performance is not indicative of future results. Moreover, investments in foreign currencies may be subject to currency fluctuations. The levels of and relief from taxation may change. Investors should take into account their tax status together with the effects of any anticipated investment. The tax reliefs referred to are those currently available and their value depends on the circumstances of the individual investor.

Conflicts of interests
Nordea, its officers, directors and employees, including persons involved in the preparation of this website, may, from time to time, but subject at all times to applicable laws and local market practices: (I) have positions in, and buy or sell, the securities of companies referred to in this website (or in related investments); (II) have a consulting, investment banking or stockbroking association with a company referred to in this website; (III) to the extent permitted under applicable law, have acted upon or used the information contained or referred to in this website, including effecting transactions for their own account in an investment (or related investment) in respect of any company referred to in the website, prior to or immediately following, its publication.

Other conflicts of interest may exist.  Nordea, its officers, directors and employees will deal with these matters on an arm’s length basis taking into account the effects on investors and in accordance with Nordea’s written policies on conflicts of interest.
The contents of this website may not have been distributed to all recipients at the same time.

Links
The website of Nordea may contain links to other third-party websites. Nordea does not sponsor or approve the contents of any such sites. Nordea accepts no responsibility for the information provided on any such sites and assumes no responsibility for any illegal, inaccurate or incomplete content on the website to which the user has been referred, especially in cases where any damages result from the use or non-use of such incorrect information. Nordea has no influence on the current and future composition of the content of websites to which the link has referred. These refer to websites beyond the control of Nordea which are run by third parties.
No third party is permitted to link any other website to this website without obtaining the prior written consent of Nordea. However, Nordea cannot ensure, and the user cannot assume, that such prior written consent exists for each link. In the case of persons creating such links to the website of Nordea, the persons implementing those links will be responsible for them and Nordea does not accept any responsibility in relation to those links.

Personal data
All communication, electronic or otherwise, between the user and Nordea by means of this website, and all information, whether sensitive or otherwise, that the user provides or inputs during his use of this website, or which is collected through this website, may be subject to computer recording or otherwise, retention, automated processing and used to include it in a database, marketing, monitoring and analysis of business, legal and regulatory compliance and/or for any other related business purpose by Nordea.

In particular, the user authorises Nordea to collect personal data from the user, to store them electronically or otherwise, to make use of them and to process them. The user can request a statement of his personal data, which are stored at Nordea, free of charge. The user has the right to change or delete these data should they prove to be incorrect. Nordea may store these personal data for a maximum a period as permitted under data protection regulations.

The user is able to decide whether or not to provide the required information. If the user decides not to provide the required information then in certain circumstances some information on this website will only be available in limited form. Data will not be passed on to third parties, except when required by Luxembourg legal provisions or when expressly authorised by the user.

The user expressly authorises Nordea to share the user's data with companies within the Nordea Group, except where, in doing so, Nordea would be acting in contravention of confidentiality and secrecy rules to which it is subject.

Nordea also gathers and analyses data regarding the use of its websites, including domain names, number of hits, pages visited, length of user session, to evaluate the usefulness of the website, however these are for statistical purposes only and are not shared with any other organisation outside the Nordea Group.

Use of cookies
When accessing Nordea’s website, Nordea may transfer information onto your computer. This information, which takes the form of a 'cookie' or a similar format, enables us to achieve two purposes: it will make your use of our website easier by storing your previous data entries as regards some documents as well as your preferences or selections; it will collect in an anonymous way information about the use of our website for statistic purposes.

With most Internet browsers, you can suppress these cookies from your computer hard drive, block cookies or receive a warning before a cookie will be stored. We invite you to refer to your Internet browser instructions or your help screens on this subject. The storage time of these 'cookies' does not generally exceed a year (depending on your computer’s settings).

Email
The user of the website is reminded that the confidentiality of e-mail messages sent via the public network cannot be guaranteed. The user shall avoid forwarding personal data or other confidential messages to Nordea via e-mail. Nordea or other service providers are not liable to carry out orders or instructions submitted via public e-mail. Nordea is entitled, if requested by the user, to provide general information via e-mail to the e-mail address defined by the user. Nordea shall neither be responsible nor liable for losses or damages occurred by any disappearance or transformation of such a message.

Copyright
The entire contents of the website of Nordea is subject to copyright with all rights reserved. You may download or print out a hard copy of individual pages and/or sections of the website, provided that you do not remove any copyright or other proprietary notices. Any downloading or otherwise copying from the website will not transfer title to any software or material to you. You may not reproduce (in whole or in part), transmit (by electronic means or otherwise), modify, link into or use for any public or commercial purpose the website without the prior written permission of Nordea.

Special information relating to Nordea investment funds

Basic information
Subscriptions for shares in the Nordea investment funds (those investment funds for which Nordea Investment Funds S.A. acts as management company) presented on this website must always be made on the basis of the latest Sales Prospectus and the latest Annual Report (or Semi-Annual Report, if more recent). These documents can be obtained by the user free of charge via Nordea Investment Funds S.A.
The investment funds presented on this website are open ended investment companies under Luxembourg law, which are authorised for public distribution in various countries.
The content of this website does not constitute an offer for subscription in the Nordea investment funds shown herein.

Notification of Risk
Fund performances quoted on this website are - unless otherwise indicated - calculated NAV to NAV gross income reinvested in the fund currency, excluding initial charge.
Past performance is no guarantee of future returns. The value of the shares can fluctuate and is not guaranteed.
A transaction involving a foreign exchange transaction may be subject to fluctuations of currency values, which may affect the value of an investment.
Funds which invest in Emerging Markets involve a higher element of risk with regard to price fluctuations.

Data Sharing
The user instructs Nordea Investment Funds S.A. to pass on copies of the information submitted by the user in connection with a subscription or redemption in a Nordea investment fund via and in the context of the use of this website to an intermediary bank or independent financial advisors, who provides or has provided services in the context of shareholders, as well as to other entities within the Nordea Group. These data can be communicated in writing, by fax, electronically or by telephone.

Additional Information for Luxembourg
Further information on the investment funds distributed by Nordea Investment Funds S.A. can be obtained by the user of this website from particular investment advisors. Because Nordea Investment Funds S.A. makes no investment recommendations, these investment advisors operate independently of Nordea Investment Funds S.A. At the request of the user, Nordea Investment Funds S.A. can make available a list of available investment advisors.

In addition, the constitutional documents (e.g. statutes, prospectus, annual report) of the Nordea investment funds may be obtained from the respective paying agent.