Terms and Conditions
It is important that you read this page. The use of www.scottishoriental.com (this “Website”) is subject to the following terms and conditions (the “Terms”).
IMPORTANT INFORMATION ABOUT ACCESS TO THIS WEBSITE
This Website and the information on it is made available in the UK by First Sentier Investors (UK) Funds Limited, which is authorised and regulated by the Financial Conduct Authority of the United Kingdom. This Website uses cookies as described in paragraph 16 of these Terms and by agreeing to these Terms you agree to the use of cookies as described in that paragraph.
Do not try to access this website if you are a resident or citizen of any country or territory outside the United Kingdom where, to access this website would require any registration, filing, application for any licence or approval or other steps to be taken by First Sentier Investors (UK) Funds Limited (“First Sentier Investors”) in order for First Sentier Investors or you to comply with local laws or other regulatory requirements in such overseas territory.
1. About this Website: This Website is owned, maintained, operated and communicated by First Sentier Investors (UK) Funds Limited which is authorised and regulated by the Financial Conduct Authority of the United Kingdom (the “FCA”). First Sentier’s Investors’ registered office is at 15 Finsbury Circus, London EC2M 7EB. The information on this Website is provided for information purposes only and does not constitute an invitation, offer or solicitation for you or another person to engage in any investment activity including buying or selling any investments including any shares in The Scottish Oriental Smaller Companies Trust plc (the “Company”). The information on this Website is a financial promotion for the purposes of the rules and guidance of the FCA (the "FCA Rules") and an invitation or inducement to engage in investment activity and/or a marketing communication for the purposes of the EU Markets in Financial Instrument Directive (“MiFID”).
This Website contains information about the Company which is available for marketing, sale and purchase in the United Kingdom. Neither the FCA nor any other regulator has said that the Company is suitable for all or any investors.
A prospectus and Key Information Document (“KID”) for the Company is available on this Website.
2. Selling Restrictions: First Sentier Investors publishing information on this Website may be prohibited or restricted by law in certain countries. By using this Website, you are confirming that you are resident in the United Kingdom. This Website is issued in the United Kingdom and the information, services and the Company on this Website are for use by residents of the United Kingdom only and are not aimed or directed at, or otherwise made available to, people in any other countries. By choosing to browse this Website, we consider you to have informed yourself of any regulatory or other consequences of your doing so.
First Sentier Investors and all of the companies within its group disclaim all responsibility if you access or download any information from this Website in breach of any law or regulation in the country of which you are a citizen or in which you are residing or domiciled. Please note, however, that this may impact your ability to access information about the Company.
3. No Advice: The information on this Website is provided for information only and is not, and should not be looked on as, investment advice or a recommendation to buy, sell or otherwise transact in any investment including the Company. The information on this Website is provided solely on the basis that you will make your own investment decisions. First Sentier Investors has not taken any account of your particular investment aims or your financial situation in preparing the information on this Website. None of the information on this Website shall, or is intended to, be financial, legal, accounting or tax advice. We strongly recommend that you seek professional investment advice before making any investment decision. Please see [link to find an adviser page] to find an adviser.
First Sentier Investors does not provides investment advice to investors in the Company. First Sentier Investors also does not nor receive or send orders from investors in the Company. It also does not carry on any other activities with or for any investors that would constitute a “Regulated Activity” for the purposes of the Financial Conduct Authority Rules or “investment services” or “ancillary services” for the purposes of MiFID.
4. Price and Performance Information: All prices provided on this Website are indicative only. The prices may not reflect the actual prices that would be available in the market at the time provided or at the time you may decide to purchase or sell an interest in the Company. First Sentier Investors does not update accept any responsibility for updating the price information on the Website.
The Company’s past performance is not a reliable indicator of how well the Company is likely to do in the future. The amount of money that you invest into the Company may go down as well as up. Any income you receive from the Company is also not guaranteed and this may go down as well as up also. You may get back significantly less than the amount you originally invested in the Company. To the extent that any information on this Website refers to a particular tax treatment, such treatment depends on the individual circumstances of the investor and may be subject to change in the future.
5. Risk Warnings: Any investment involves substantial risks. Here we have outlined some of the key risks which you should consider carefully before taking any decision to invest in the Company. The amount of money that you invest into the Company may go down as well as up. Any income you receive from the Company is also not guaranteed and this may go down as well as up also. You may get back significantly less than the amount you originally invested in the Company. Emerging markets (those countries, which are not considered to be developed), tend to be less resilient to changes to their economic and political conditions than developed markets. Additionally, it may be harder to sell some of the Company’s investments in these countries and there may be rules in place in those countries which make buying, transferring or selling investments more challenging. Working out how much each investment is worth may also be problematic. There may also be times when us paying for or being paid for, or giving or receiving investments that we have attempted to buy or sell is much more challenging than it would be in other countries, or impossible. Additionally, investing in a region may be more risky than investing in a number of different countries or regions. Investing in a larger number of countries or regions helps to spread the risk of investment. The Company invests in companies which may be denominated in currencies other than GBP. Changes in exchange rates will affect the value of investments held by the Company and so the value of the Company itself. The Company’s share price may not fully reflect the sum of all of the Company’s assets. The share price of the Company is determined by the changing conditions in the relevant stock markets in which the Company invests and by the supply and demand for the Company’s shares. As the shares in the Company are traded on a stock market, the share price will change depending on supply and demand (how many people wish to buy or sell shares in the Company). As a result, the share price of the Company may not reflect the sum of all of the assets of the Company, the difference is known as the 'discount'. This is one of the reasons that investors in the Company may not get back the original amount invested.
6. Offering Documents: Any investment in the Company is governed by the documents creating the Company. If there is any inconsistency between the information on this Website and the documents creating the Company, the documents creating the Company will overrule. You should only buy or sell shares in the Fundonce you have fully and carefully read the latest financial reports, the KID and and other documents on this Website.
7. Information on this Website: First Sentier Investors has taken reasonable care to make sure that the information on this Website is accurate, clear, fair, complete, fit for its intended purpose and compliant with relevant United Kingdom legislation. However, the Website may contain mistakes or we may have missed things out due to circumstances beyond First Sentier Investors control. No warranty is given, or representation made, in respect of how accurate clear, fair, complete or fit for its intended purpose the information on this Website is and we are not liable for the same. You should carry out your own investigations rather than relying on any of the information in this Website. If anyone acts upon, or changes their investment position in reliance on the information contained on this Website, then it is at their own risk.
Information posted on this Website is current only as at the date it is first posted and may no longer be true or complete when viewed by you. First Sentier Investors cannot guarantee that content will be accurate, complete and current at all times. To the extent that any information on this Website relates to a third party, that information has been provided by that third party and is the sole responsibility of the third party and First Sentier Investors accepts no liability for such information. All content on the Website is subject to modification from time to time without First Sentier Investors notifying you. Please contact First Sentier Investors for further information regarding the validity of any information contained on this Website on [email protected].
To the extent that this Website contains any opinions or a forecast, such opinions or forecasts are based on sources which First Sentier Investors believes to be reliable, but is not guaranteed or warranted as to whether it is currently validity, accurate or complete. Opinions which are expressed on this Website are the opinions of First Sentier Investors at the date of publication only, and reflect the market conditions at the date of publication and certain assumptions (which may not prove to be valid). All opinions are subject to change and should not be relied on by users of the Website.
Some of the content (the “Restricted Content”) on this Website including, but not limited to, webcasts shall be made available only when First Sentier Investors (or a third party appointed by First Sentier Investors) grants that access. First Sentier Investors reserves the right, in its absolute discretion, not to grant access to such Restricted Content. Where you are granted access to the Restricted Content, that access is granted for your personal use only. You must treat this Restricted Content as confidential and you must not disclose it to any third party or allow any third party to access such Restricted Content. First Sentier Investors may stop your access to the Restricted Content at any time without notice, in its absolute discretion.
8. Material Interests: First Sentier Investors, its affiliates and its or their directors, officers, employees or agents may have holdings in the Company and/or underlying investments of the Company and may otherwise be interested in transactions of the Company. Further details about the policies that First Sentier Investors has adopted in order to avoid or to manage such conflicts in a way that ensures fair treatment for First Sentier Investors' clients are available from First Sentier Investors on request at [email protected].
9. Linked Websites: Links to websites operated by third parties are provided for your information only. They do not constitute any form of advice, endorsement or recommendation of such websites or the material on them. First Sentier Investors does not accept any responsibility for information contained on any other sites which can be accessed by a link from this Website or for these sites not being available at all times. First Sentier Investors has not reviewed, and will not review or update, any websites which are managed by a third party and as a result, information on the third party’s website and any use that you make of such websites and information is at your own risk. Please note that when you click on any external site hypertext link you will leave this Website.
10. Liability: No warranty is given that the contents of this Website are compatible with all computer systems or browsers or that this Website shall be available without interruptions. First Sentier Investors does not accept any liability for any damages or losses arising from changes or alterations made to this Website by unauthorised third parties.
The internet is not a completely reliable medium to transmit or share data and neither First Sentier Investors nor any of its affiliates accepts any liability for any data transmission errors such as data loss or damage or alteration of any kind or for the security or confidentiality of information transmitted across the internet to or from First Sentier Investors or any of its affiliates. The transmission of any information through the internet is entirely at your own risk and any material downloaded from this Website is downloaded at your own risk.
The information on this Website is provided “as is”. To the extent permitted by law, First Sentier Investors, its affiliates and its and their directors, officers, employees and agents expressly exclude all conditions, warranties, representations and other terms which might otherwise be implied by statute, common law or the law of equity. First Sentier Investors and its affiliates will only be liable to you in respect of any losses which arise directly from your use of, or inability to use, this Website in the event of First Sentier Investors’ gross negligence, wilful default or fraud. In no event will First Sentier Investors or any of its affiliates be liable to any person for any indirect, special or consequential damages arising out of any use of, or inability to use, this Website or the information contained on it or on any other hyper-linked site including, without limitation, any lost profits, business interruption, loss of programs or data on your equipment or otherwise, even if First Sentier Investors is expressly advised of the possibility or likelihood of such damages. This does not affect First Sentier Investors' liability for any loss or damage which cannot be excluded or limited under applicable law.
Nothing in these Terms is intended to exclude or restrict any duty or liability that First Sentier Investors has to its clients under the "regulatory system" in the United Kingdom (as such term is defined in the Financial Conduct Authority Rules), under applicable local regulatory rules or which may not be excluded or restricted as a matter of applicable law.
11. Access: First Sentier Investors may suspend or withdraw access to any page(s) included on this Website without notice at any time. First Sentier Investors accepts no liability if, for any reason, these pages are unavailable at any time or for any period.
12. Compliance with Law and Regulation: When using this Website you must comply with all applicable local, national and international laws including those related to data privacy, international communications and exportation of technical or personal data. It may be illegal to download the information contained on this Website in certain countries and First Sentier Investors, its affiliates and its and their directors, officers, employees and agents disclaim all responsibility if you download any information from this Website in breach of any law or regulation of the country in which you reside.
13. Intellectual Property:
(a) First Sentier Investors is the owner or the licensee of all intellectual property rights in and to this Website, its content and the information, imagery and data published on it including but not limited to copyright and trade mark rights (whether registered or unregistered), unless the website specifies otherwise. Those works are protected by copyright laws and treaties around the world. All such rights, which have not been expressly granted to anyone else, are reserved by First Sentier Investors.
(b) Notwithstanding paragraph (a) above, no warranty or indemnity is given that the use of the Website, or any information or material taken or downloaded from the Website will not infringe the intellectual property rights of any third party.
(c) You are not permitted to reproduce in any form any part of the content, information, imagery or data from, or underlying, this Website, save for in strict compliance with these Terms, without the prior written consent of First Sentier Investors. All such intellectual property rights shall continue to be held by First Sentier Investors or its licensors and no rights of any kind in those intellectual property rights shall pass to you.
(d) The information held on this Website is for your own personal use only. You may print off or download copies of, or extracts from, pages from this Website for your personal reference but you must not change those copies or extracts in any way. First Sentier Investors (and any identified contributors), as the authors of material on this Website, must always be acknowledged.
(e) Notwithstanding paragraph (d) above, if you are a financial advisor, you may use the information available on this Website and provide copies of documents available on the Website to make recommendations to your clients.
(f) Any unauthorised downloading, re-transmission or other copying or modification of any of the contents of the Website may be in breach of statutory or common law rights which we may choose to take legal action in respect of. First Sentier Investors disclaims all liability which may result from any unauthorised reproduction or use of the information on the Website.
(g) All trade marks, service marks, company names or logos are the property of their respective holders. The display of any trade names or trade marks on the Website does not imply that any licence has been granted to any third party in respect of the same. Any use by you of these marks, names and/or logos may constitute an infringement of the holders’ rights.
14. The Internet: Please note that there is no guarantee that any e-mail sent by you will be received by us, or that the contents of any such e-mail will remain private during internet transmission. Any information is sent at your own personal risk.
15. Data Protection: Please see our Privacy Notice for information relating to how First Sentier Investors and other companies associated with it protect your personal data. In agreeing to these Terms you agree to the terms of our Privacy Notice.
16. Cookies: Cookies are small data files that are sent to and stored on your computer, smartphone or other device used to access the internet, whenever you visit a website. We use cookies to enable and improve certain functions on our website and gain feedback on how our website is used. If you choose to switch certain cookies off, it will affect how our website works.
Cookies are useful because they allow a website to recognise the device you are using. As First Sentier Investors and its associated companies are based in various jurisdictions and operate different websites for each regional business, we use cookies to store general information such as the region where you are based, the language the site is being viewed in (for example English, Chinese) and the type of client you are. This helps us to tailor our website to better suit your requirements. The Cookies we use here are ‘session’ cookies and will be removed every time you leave our website.
When you enter our website, you will be asked to accept some Terms and Conditions and a Cookie will remember if you have accepted them. This means that you don’t have to re-accept them on every visit. The Cookies we use here are ‘persistent’ as they remember your preferences. Every time we amend our Terms and Conditions, or on an annual basis, a new Cookie will be set and you will be asked to re-accept our Terms and Conditions.
We use analytics cookies to collect information on website activity (such as the number of users who visit our website, the date and time of visits, the number of pages viewed, navigation patterns, what country and what systems users have used to access the site and, when entering our website from another website, the address of that web site). This information on its own does not identify an individual but it does provide us with statistics that can be used to analyse and improve our website. These Cookies are ‘session’ cookies.
The browsers of most computers, smartphones and other web–enabled devices are usually set up to accept cookies. If your browser preferences allow it, you can configure your browser to accept all cookies, reject all cookies, or notify you when cookies are set. Each browser is different, so check the "Help" menu of your browser to learn about how to change your cookie preferences.
However, please remember that cookies are often used to enable and improve certain functions on our website. If you choose to switch certain cookies off, it will affect how our website works and certain functionality may not work.
More information about cookies can be found on allaboutcookies.org
17. Amendment: First Sentier Investors may make changes to these Terms and to the information contained on this Website at any time. Where we make any changes to these Terms, you will be required to accept such changes in order to continue to use the Website. If you do not accept such revised Terms, you will no longer be able to access this Website.
If any provision of these Terms is found by any court or authority of competent jurisdiction to be illegal, void or invalid under the laws of any jurisdiction, the legality, validity or enforceability of the remainder of these Terms in that jurisdiction shall not be affected and the legality, validity and enforceability of the whole of these Terms in any other jurisdiction shall not be affected.
18. Third Parties: First Sentier Investors’ affiliates shall have the benefit of the rights conferred on them by these Terms but otherwise no person who is not a party to these Terms may enforce its terms under the Contracts (Rights of Third Parties) Act 1999.
19. Applicable Law: These Terms and any non-contractual obligations arising from or connected with them shall be governed by, and these Terms shall be construed in accordance with, the laws of England and Wales.
20. Jurisdiction: You agree that the English courts shall have exclusive authority to act in relation to any legal action or proceedings arising out of or in connection with these Terms (whether arising out of or in connection with contractual or non-contractual obligations) (“Proceedings”). You waive any objection to Proceedings in the English courts on the grounds of venue or on the grounds that Proceedings have been brought in an inappropriate forum. You further agree that this paragraph operates for the benefit of First Sentier Investors and accordingly First Sentier Investors shall be entitled to take Proceedings in any other court or courts having jurisdiction.
21. Contact Us: If you have any enquiries in relation to this Website or the information on it, please contact First Sentier Investors at [email protected]