Terms & Conditions - Investment Professionals
The Website is directed at Investment Professionals acting in their professional capacity only. For purposes of this Website, the term Investment Professionals means financial advisers, insurance companies, asset managers, discretionary wealth managers, banks and other authorised intermediaries. Anyone not falling within this category should exit the Website. The Website is not intended for and it should not be accessed by other persons including retail clients and its content should only be relied upon by Investment Professionals.
This Website is also not directed at any person in any jurisdiction where (by reason of that person’s nationality, residence or otherwise) the publication or availability of this Website is prohibited. Persons in respect of whom such prohibitions apply must not access this Website. The Website contains information covering many different investment funds, managed and registered in many different locations around the world ("the Funds") and the content herein is restricted to duly authorised Investment Professional for informational purposes. It should not be considered as a solicitation, advice, offer or a recommendation for any security or service in any jurisdiction where such offer, solicitation or recommendation would be unlawful or unauthorised.
Pioneer makes no representations that the Website or any contents contained on it are appropriate or available for use in any jurisdiction. This information is not intended to be published or made available to any person in any jurisdiction where doing so would result in contravention of any laws or regulations applicable to the user. In particular, certain Funds can be marketed in certain jurisdictions only. Please see below for specific notices for specific jurisdictions.
The user should ensure that the use of this information and any resulting fund transactions does not contravene any applicable restrictions in this respect. It is the user's responsibility to be informed and to observe all applicable laws and regulations of any relevant jurisdiction. By accessing this Website, you are representing and warranting that the applicable laws and regulations of your jurisdiction allow you to access the Website; that you will use any information obtained from the Website in accordance with all applicable laws and regulations vis-à-vis third parties including clients and taking the country of residence/domicile of same into consideration; and that you have agreed to all of the additional conditions outlined herein.
Nothing in the Website constitutes investment advice and its content should not be relied upon to make investment decisions or give investment advice. Investors and prospective investors should seek appropriate professional advice, including advice as to suitability and as to whether they require any governmental or other consents or need to observe any formalities to enable them to invest in any particular fund, before investing. The Funds may not be suitable for everyone. Investment in the Funds may have tax consequences and it is important to bear in mind that Pioneer does not provide tax advice. The levels and basis of taxation can change. You should consult your own tax adviser in order to understand any applicable tax consequences. Applications to invest in any funds must only be made on the basis of the offering documents relating to the specific fund (e.g. prospectus, investment memorandum or other applicable documentation) and may not be made via this Website. Please instruct your clients to read the relevant offering documents carefully before investing.
Any user distributing information taken from the Website, in whatever form, to any other person, agrees to attach a copy of this page and obtain the agreement of such other person to comply with the terms set forth on this page.
The Funds have not been registered in the United States under the Investment Company Act of 1940 and units or shares in the Funds are not registered in the United States under the Securities Act of 1933 of the United States as amended.
Past performance does not guarantee and is not indicative of future results. There can be no assurances that countries, markets or sectors will perform as expected. Investments involve certain risks, including political and currency risks. Investment return and principal value may go down as well as up and could result in the loss of all capital invested. Certain funds may invest substantially in any one or a combination of (i) emerging market securities, subjecting the fund to higher liquidity, currency, political, regulatory and economic risks; (ii) securities in a single market/sector, which are subject to higher concentration risk than investments with a more diversified portfolio; (iii) small cap companies, which are subject to higher default, liquidity and volatility risk than investment in large cap companies; and (iv) below-investment grade securities, which are subject to higher counter-party/credit, market and liquidity risks than investment grade securities. Such investments may subject a fund’s net asset value to substantial loss. Certain funds may also invest in financial derivative instruments, which may subject the relevant fund to substantial counterparty/credit risk, market risk and liquidity risk and potential substantial loss. Please be aware that currency fluctuations may also affect the value of overseas investments
Access to the Website
Pioneer grants you a limited right to use the Website. Your right to use the Website is subject to your agreement to abide by these Terms in their entirety, as well as any other rules, procedures, policies, terms or conditions that govern all or any portion of the Website. At any time and for any reason Pioneer may revoke your right to use all or any portion of the Website. You may not violate or attempt to violate the security of the Website.
Content of the Website
Whilst Pioneer seeks to ensure that the information on this Website is accurate and up to date, Pioneer does not warrant the adequacy, accuracy, timeliness or completeness of this information and does not accept any liability arising from any inaccuracy or omission in or the use of or reliance on the information on this Website.
Further, Pioneer reserves the right to change or amend the information provided at any time and without prior notice.
In view of the above, Pioneer advises you to confirm the accuracy of any information with Pioneer before seeking to rely on such information.
Intellectual Property Rights
Availability of Website
Pioneer will endeavour to make the Website available but cannot guarantee that the Website will operate continuously or without interruptions or be error free. You must not attempt to interfere with the proper working of the Website and, in particular, you must not attempt to circumvent security, tamper with, hack into, or otherwise disrupt any computer system, server, website, router or any other internet connected device.
Pioneer reserves the right to correct, improve or change the Website and to suspend access to the Website for maintenance or improvements. The Website may contain typographical errors or inaccuracies and Pioneer does not take responsibility for amending or updating such information.
The Website is provided on an "as is" basis and neither Pioneer nor any of its information providers, licensors, directors, employees, or agents warrant that their supply of information to users ("the Service") will be uninterrupted or error free nor does Pioneer or any of its information providers, licensors, directors, employees or agents make any warranty as to the results to be obtained from use of the Service.
The Service is distributed without warranties of any kind either express or implied, including but not limited to warranties of title or implied warranties of satisfactory quality or fitness for a particular purpose or otherwise, other than those warranties which are implied by and incapable of exclusion, restriction, or modification under applicable law.
All conditions, warranties or representations, not expressly stated in these Terms are excluded to the fullest extent permissible by law.
You are responsible for ensuring that your computer system meets all relevant technical specifications necessary to use the Website. You also understand that Pioneer cannot and does not guarantee or warrant that any material available on the Website will be free from infection, viruses and/or other code that has contaminating or destructive properties. You are responsible for implementing sufficient procedures and virus checks (including anti-virus and other security checks) to satisfy your particular requirements for the accuracy of data input and output.
Pioneer provides the Service free of charge and therefore neither Pioneer nor anyone else involved in creating, producing or delivering the Service (together the “Service Providers”) shall be liable (in tort, contract or otherwise) for any direct, indirect, incidental, special or consequential damages arising out of use of the Website or Service, or inability to use the Website or Service or out of any breach of any warranty. The Service Providers will not in any way be responsible for any acts or omissions of the user in connection with the Service or inability to use the Service or out of any breach of any warranty. The Service Providers will not in any way be responsible for any selection or retention of, or the acts or omissions of, the user in connection with the Service. The Service Providers are not responsible for any loss or damage that could result from interception of the Services by third parties, theft, operator error or strikes.
If Pioneer is liable in respect of the Website and/or the Service for any reason, its liability shall be limited to €100.
Notice for Hong Kong
The Pioneer Investments’ range of funds are not registered for sale in Hong Kong. Broker/dealers (intermediaries) accessing this Website are not authorised to make any information from the Website available to the public in Hong Kong. The content of this Website has not been reviewed or approved by the Hong Kong Securities and Futures Commission.
Notice for Singapore
In Singapore, this website is distributed through Pioneer Investment Management Limited, Singapore Branch, 80 Raffles Place #54-03/04, UOB Plaza 1, 048624 Singapore. Certain of the Pioneer Investments range of funds are restricted schemes under Sixth Schedule to the Securities and Futures (Offers of Investments) (Collective Investment Schemes) Regulations 2005. The offer, holding and subsequent transfer of shares of sub-funds of these funds are subject to restrictions and conditions under the Securities and Futures Act (Cap. 289) of Singapore (“SFA”). The Funds are not authorised or recognised by the Monetary Authority of Singapore and no offer is allowed to be made to the Singapore retail public.
Notice for UK
Except where otherwise specifically noted, the Funds are unregulated collective investment schemes under the UK Financial Services and Market Act 2000 and therefore do not carry the protection provided by the UK regulatory system. In particular, there is no entitlement to compensation under the Financial Services Compensation Scheme.
In the UK, this Website is directed at professional clients and not at retail clients and it is approved for use by Pioneer Global Investments Limited (London Branch), Portland House, 8th Floor, Bressenden Place, London SW1E 5BH, authorised and regulated by the Central Bank of Ireland and subject to limited regulation by the Financial Conduct Authority. Details about the extent of our regulation by the Financial Conduct Authority (“FCA”) are available from us on request.
Notice for the U.S.
The information contained in the Website is not for distribution and does not constitute an offer to sell or the solicitation of any offer to buy any securities or services in the United States of America or in any of its territories or possessions subject to its jurisdiction or to or for the benefit of any United States Person. For the purposes of these Terms, a United States Person includes but is not limited to a person (including a partnership, corporation, limited liability company or similar entity) that is a citizen or resident of the United States of America or is organized or incorporated under the laws of the United States of America.
Notice For All Other Jurisdictions
The offer and sale of the Funds in certain jurisdictions or to certain investors, may be restricted or prohibited by law. In EEA and Switzerland, where a fund is notified for public sale a Key Investor Information Document is produced. Users can consult www.pioneerinvestments.eu and select their country to discover which funds are notified for public sale in their country. The Funds are not registered or otherwise notified for public offering with the relevant authorities of any Central American, South American, Latin American or Caribbean country. The Funds are not available for distribution to Canadian residents.
Unless otherwise stated, all views expressed are those of Pioneer. These views are subject to change at any time based on market and other conditions and there can be no assurances that countries, markets or sectors will perform as expected. These views should not be relied upon as investment advice, as securities recommendations, or as an indication of trading intent on behalf of any of Pioneer Investments’ strategies.
Pioneer may assign or subcontract any or all of its rights and obligations under these Terms.
Pioneer may alter these Terms from time to time and post the new version on the Website, following which all use of the Website will be governed by that version.
If any provision or term of these Terms shall become or be declared illegal, invalid or unenforceable for any reason whatsoever, such term or provision shall be divisible from them and shall be deemed to be deleted from them.
These Terms and your use of the Website are governed by Irish law and you submit to the non-exclusive jurisdiction of the Irish courts.
Pioneer Investments is a trading name of the Pioneer Global Asset Management S.p.A. group of companies.
By proceeding, you are representing that you have understood and accepted the Terms. You also (i) agree that such information will apply to any subsequent access to this Website by you, and that all such subsequent access will be subject to the disclaimers, risk warnings and other information set out herein and (ii) warrant that no other person will access the Website from the same computer and log-on as you are currently using.