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 Bank S.A., Singapore Branch, Nordea Investment Funds S.A., 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 (the “Nordea Group”). Information about the Nordea 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 14.157

Users & Information

The information and services provided on this website are not directed to or intended for distribution to, or used by, any person or entity in any jurisdiction or country where, by reason of that person's nationality, residence or otherwise, such distribution or use would be contrary to local law or regulation or which would subject Nordea Bank S.A. or any of its affiliates to any licensing or registration requirement within such jurisdiction or country. Persons accessing this website are required to inform themselves about and observe any relevant restrictions. Persons or entities in respect of whom any prohibitions apply must no access or use this website.

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 information supplied on this Nordea website is provided subject to the laws of the Grand Duchy of Luxembourg.

Important information for US Persons

The offering, sale and/or distribution of many of the products or services described on this website are not intended to any US Persons. If you intend to obtain any product or service from Nordea that is described on this web site, you must first inform Nordea whether you are a US Person.

This website and its respective contents do not constitute an offer or invitation to purchase or subscribe for any securities or a solicitation of any offer to sell any securities to US Persons. Any brokerage and investment advisory services described herein are not intended for US Persons.

Furthermore, any solicitation on this web site of banking services (including accepting and/or soliciting deposits), insurance services, mortgage and/or consumer lending services or credit card services is not intended for US Persons, who are physically in the US.

“US Persons” are generally defined as a natural person, residing in the United States or any entity organized or incorporated under the laws of the United States. US Citizens living abroad may also be deemed “US Persons” under certain rules.

Nordea does not accept any liability whatsoever for any loss howsoever arising from any use of this website or its respective contents or otherwise arising in connection therewith. Nordea cannot be held responsible for any damages or losses that occur from transactions and/or services in violation of the relevant rules of the purchaser’s home jurisdiction.

No recommendation, offer of services or tax advice

The information contained in this website is for general information purpose only and does not have any regard to the specific investment objective, financial situation and the particular needs of any specific person who may browse this website. The type of financial instruments or services mentioned may not be suitable for everyone. This website is not intended to be used as a substitute for specific financial, tax or other professional advice, nor should any persons consider it as such. Advice should always be sought from a financial adviser regarding the suitability and the tax merit of any investment product and should take into account the specific investment objectives, financial situation or particular needs of the specific person, before making a commitment to purchase any investment product or service.
No legal or contractual relationship exists between Nordea and the user through the use of this website and the information contained therein.

Investment performance

The value of investments may rise and fall. Past performance is not indicative of future results. Estimates of future performance are based on assumptions that may not be realised. When investing in individual shares, the investor may lose all or part of his/her investment. Moreover, changes in exchange rates may have an adverse effect on the value, price or income of or from any investment. 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

Companies in the Nordea Group, and affiliates, or staff of companies in the Nordea Group, may perform services for, solicit business from, hold long or short positions in, or otherwise be interested in the investments (including derivatives) of any company mentioned on this website. To limit possible conflicts of interest and counter the abuse of inside knowledge, Nordea’s employees are subject to internal rules concerning sound ethical conduct, the management of inside information, handling of unpublished research material, and contact with other units of the Nordea Group and personal account dealing. The internal rules have been prepared in accordance with applicable legislation and relevant industry standards. The object of the internal rules is, for example, to ensure that no staff abuse, or cause others to abuse, confidential information. It is the policy of Nordea that no link exists between revenues from capital markets activities and individual staff remuneration. Companies of the Nordea Group are members of national stockbrokers' associations in each of the countries in which they have their head offices. Internal rules have been developed in accordance with recommendations issued by the stockbrokers’ associations. This website has been prepared in accordance with the Nordea Conflict of Interest Policy, which may be viewed at www.nordea.com/mifid.

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 for which Nordea Investment Funds S.A. acts as management company

Basic information

The content on this website is intended for general information only and must not be construed as an offer or solicitation of an offer to buy or sell any securities or shares in any of Nordea’s funds or a recommendation to invest in any of Nordea’s funds and neither does it take into account any investor’s particular circumstances or have regard to your specific investment objectives, financial situation and any particular needs of any specific person. It is recommended to read the relevant prospectus of the respective fund and to seek advice from a financial adviser before making a commitment to purchase any fund. In the event that an investor chooses not to seek advice from a financial adviser, he/she should consider whether the fund in question is suitable for him/her.

Any investment decision in the Nordea funds should be made on the basis of the current prospectus, which is available, along with the Key Investor Information Document, where relevant, and the current annual and semi-annual reports, electronically in English and in the local language of the market where the funds are authorised for distribution, and free of charge upon request from Nordea Investment Funds S.A., 562, rue de Neudorf, P.O. Box 782, L-2017 Luxembourg, from the local representatives or information agents, or from distributors.

The investment funds presented on this website are open-ended Luxembourg-based investment companies (Sociétés d'Investissement à Capital Variable), validly formed and existing in accordance with the laws of Luxembourg and with European Council Directive 2009/65/EC of 13 July 2009. Moreover, Nordea 1, SICAV and Nordea Fund of Funds, SICAV 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 (net of fees and Luxembourg taxes) gross income reinvested, in the base currency of the respective sub-fund, excluding initial and exit charges. Initial and exit charges could affect the value of the performance.

The performance represented is historical; past performance is not a reliable indicator of future results and investors may not recover the full amount invested. The value of shares can greatly fluctuate as a result of the sub-fund’s investment policy and is not guaranteed.

If the base currency of the respective sub-fund differs from the currency of the country where the investor resides the represented performance might vary due to currency fluctuations.

Investments in derivative and foreign exchange transactions may be subject to significant fluctuations which may affect the value of an investment. Investments in Emerging Markets and alternative products involve a higher element of risk. For further details of investment risks associated with the Nordea funds, please refer to the relevant prospectus or Key Investor Information Document, where applicable, available as described above.

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

Further information on the investment funds distributed by Nordea Investment Funds S.A. can be obtained by the user of this website from independent financial advisors. He/she can advise you independently of Nordea Investment Funds S.A.

Nordea Investment Funds S.A. only publishes product-related information and does not make any investment recommendations.

In addition, the constitutional documents (e.g. statutes, prospectus, Key Investor Information Document, where relevant, and annual and semi-annual reports) of the Nordea investment funds may be obtained upon request from Nordea Investment Funds S.A., 562, rue de Neudorf, P.O. Box 782, L-2017 Luxembourg, from the local representatives or information agents, or from distributors.