Legal Information


Disclaimer and Legal Information

Conditions of access to the Internet Site of Nedgroup Investments.

User Agreement

1. Introduction
By using this website you agree to be bound by the following terms and conditions which will form the terms of use between you and Nedgroup Investments (Pty) Ltd and Nedgroup Investments (IOM) Limited (acting for themselves, their operating subsidiaries and affiliates based in South Africa, the Isle of Man, the United Kingdom and Ireland); collectively “Nedgroup Investments”. Nedgroup Investments reserves the right to modify these terms and conditions from time to time and the posting of such changes shall constitute notice to you thereof. Please review these terms and conditions from time to time so that you will be apprised of any changes. Your continued use of this site after the posting of such terms shall constitute acceptance by you thereof. This agreement replaces all terms and conditions previously applicable to the provision of the website or any of them.

2. Content of site
Whilst 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. Calculations on the website are illustrative and should be used only as a guideline. All products and services referred to on this website are subject to change without notice.

Nedgroup Investments accept no responsibility for any information contained in any website accessed via a hypertext link from this website. The content, accuracy and opinions expressed in such websites are not checked, analysed, monitored or endorsed by us.

3. Product availability
The information contained on this website does not constitute a distribution, an offer to sell or the solicitation of an offer to buy any products or services.

Some products and services detailed on this website are only available to persons in certain countries. If you are in doubt as to whether any of the products and services referred to within this website are available in the country in which you are resident you must consult your stockbroker, bank manager, solicitor, accountant or other independent financial adviser.

4. Advice
Nedgroup Investments does not offer investment advice on the merits or suitability of its products and services and no information contained within this website constitutes financial, investment, legal, tax or other advice and should be construed as such.

5. Intellectual Property Rights
This website is owned by Nedgroup Investments and is protected by trade mark, copyright and other intellectual property laws.

Save as otherwise specified herein, the images, text, presentation, design and format of the pages in this website are the exclusive property of Nedgroup Investments and the contents of this site may not be copied, reproduced, distributed, downloaded, displayed, posted or transmitted in any form or by any means without the prior express written permission of Nedgroup Investments. You may view, download or print information of this website for the purpose of private and personal non-commercial use only.

Any use of names and logos contained in the website, which are trade marks of Nedgroup Investments, would constitute an infringement of those trade marks and is forbidden.

6. Mandatory information and disclosures about Nedgroup Investments South African domiciled unit trust funds
General: Unit trusts are administered by Nedgroup Collective Investments (RF) Proprietary Limited (Company registration number 1997/001569/07) that is registered as a manager in terms of the Collective Investment Schemes Control Act.

Investment consulting services is performed by Nedgroup Investment Advisors Proprietary Limited (Company registration number 1998/017581/07) that is an authorised Financial Services Provider (FSP licence number 1652).
Nedgroup Investments is a member of the Association for Savings and Investment South Africa.

Unit trusts are generally medium to long term investments.  The value of your investment may go down as well as up. Past performance is not necessarily a guide to future performance.  Nedgroup Investments does not guarantee the performance of your investment and even if forecasts about the expected future performance are included you will carry the investment and market risk, which includes the possibility of losing capital. Unit trusts are traded at ruling prices and can engage in borrowing and scrip lending.   Certain unit trust funds may be subject to currency fluctuations due to its international exposure.  Nedgroup Investments has the right to close unit trust funds to new investors in order to manage it more efficiently. A schedule of fees and charges and maximum commissions is available on request from Nedgroup Investments.

Complaints:  Nedgroup Investments are committed to providing exceptional client service. If you have a complaint, or for more details in this regard, please access our client complaints manual here: Complaints Procedure Manual.

Promotion of Access to Information Act (the ‘Act’): The Act gives to members of the public the right to access certain information held by the state or any other person.

The Act requires Nedgroup Investments to compile a manual to assist people who want to exercise their right to access to information.   As Nedgroup Investments and its subsidiaries forms part of the Nedbank Group it therefore conforms to the Nedbank Group access to information manual.  This manual, as well as the prescribed request form and fees payable, is available here: Access to Information Manual

Conflicts of Interest Management Policy: A conflict of interest prejudices or can be seen to prejudice an individual’s objectivity and ability to act in the best interest of our business or our clients.

Nedgroup Investments conflicts of interest management policy sets out the standards determined by Nedgroup Investments in respect to avoiding or, where this is not possible, mitigating potential and actual conflicts of interest. This policy is available here: The Conflicts of Interest Management Policy

7. Information and disclosures about Nedgroup Investments International
Nedgroup Investments (IOM) Limited and Nedgroup Investments Advisors (UK) Limited (jointly Nedgroup Investments International).

Nedgroup Investment (IOM) Limited (reg no 57917C) is licensed by the Isle of Man Financial Services Authority.
Nedgroup Investment Advisors (UK) Limited (reg no 2627187) is authorised and regulated by the Financial Conduct Authority.

Nedgroup Investments MultiFunds Plc and Nedgroup Investments Funds PLC (the Funds) are authorised and regulated in Ireland by the Central Bank of Ireland. The Funds are authorised as a UCITS pursuant to the European Communities (Undertakings for Collective Investment in Transferable Securities) Regulations 2011 (S.I. No. 352 of 2011) as amended from time-to-time.

Nedgroup Investment (IOM) Limited is the Investment Manager and Distributor of the Funds.

The value of shares in the Funds can fall as well as rise.  Investors may not get back the value of their original investment.

8. Disclaimer of Warranties
8.1 Nedgroup Investments disclaims any and all responsibility or liability for the accuracy, content, completeness, legality, reliability, or operability or availability of information or material displayed in this website.

8.2 Nedgroup Investments disclaims any responsibility for the deletion, failure to store, mis-delivery, or untimely delivery of any information or material. Nedgroup Investments disclaims any responsibility for any harm resulting from downloading or accessing any information or material on the Internet through this website.

8.3 No warranties or representations are made or given by Nedgroup Investments in relation to the operation, security, reliability, timeliness, performance or functionality of this website or the accuracy or reliability of any information appearing on it. Nedgroup Investments expressly disclaims to the fullest extent permitted by law all express, implied, and statutory warranties, including, without limitation, the warranties of merchantability, fitness for a particular purpose, and non-infringement of proprietary rights. Nedgroup Investments disclaims any warranties for services or goods received through or advertised on the website or received through any links provided by the website, as well as for any information or advice received through any links provided in the website.

8.4 You acknowledge and agree that you download or otherwise obtain material or data through the use of the Nedgroup Investments website at your own discretion and risk and that you will be solely responsible for any damages to your computer system or loss of data that results in the download of such material or data. Nedgroup Investments makes no warranty that this website (or websites which are linked to this website) is free from computer viruses or any other malicious or impairing computer program. The pages contained in this website may contain technical inaccuracies and typographical errors. The information in these pages may be updated from time to time and may at times be out of date. Nedgroup Investments accepts no responsibility for keeping the information contained on these pages up to date and shall have no liability for any item being out of date.

9. Limitation of Liability
9.1 Under no circumstances shall Nedgroup Investments be liable to any user on account of that users use or misuse of or reliance on the Nedgroup Investments website. Arising from any claim relating to this agreement or the subject matter hereof such limitation of liability shall apply to prevent recovery of direct, indirect, incidental, consequential, special, exemplary, and punitive damages whether such claim is based on warranty, contract, tort (including negligence), or otherwise, (even if Nedgroup Investments has been advised of the possibility of such damages).

9.2 Such limitation of liability shall apply whether the damages arise from use or misuse of and reliance on the Nedgroup Investments information services, from inability to use the Nedgroup Investments information services, or from the interruption, suspension, or termination of the Nedgroup Investments information services (including such damages incurred by third parties). This limitation shall also apply with respect to damages incurred by reason of other services or goods received through or advertised on the Nedgroup Investments website or received through any links provided in the Nedgroup Investments information services, as well as by reason of any information or advice received through or advertised on the Nedgroup Investments website or received through any links provided in the Nedgroup Investments information services. This limitation shall also apply, without limitation, to the costs of procurement of substitute goods or services, lost profits, or lost data. Such limitation shall further apply with respect to the performance or non-performance of the Nedgroup Investments information services or any information or merchandise that appears on, or is linked or related in any way to, the Nedgroup Investments information website.

9.3 Without limiting the foregoing, under no circumstances shall Nedgroup Investments be held liable for any delay or failure in performance resulting directly or indirectly from acts of nature, forces, or causes beyond its reasonable control, including, without limitation, internet failures, computer equipment failures, telecommunication equipment failures, other equipment failures, electrical power failures, strikes, labour disputes, riots, insurrections, civil disturbances, shortages of labour or materials, fires, floods, storms, explosions, acts of god, war, governmental actions, orders of domestic or foreign courts or tribunals, non-performance of third parties, or loss of or fluctuations in heat, light, or air conditioning.

10. Indemnity
You irrevocably and unconditionally agree forthwith on demand to indemnify Nedgroup Investments and its officers agents and employees from and against any and all losses, damages and costs suffered or incurred by Nedgroup Investments or any such person of whatsoever nature arising out of or in connection with your use, provision or distribution of information or any part or this website or any part or otherwise howsoever arising in relation to any breach of these terms and conditions by you.

11. Privacy policy
Nedgroup Investments respects your privacy and will take all reasonable steps to protect your personal information.

12. Governing law
These Terms and Conditions will be governed by and construed in accordance with South African  law. Users of this website unconditionally and irrevocably submit to the jurisdiction of South Africa.

13. Severance and entire agreement
If for any reason a court of competent jurisdiction finds any provision or portion of the terms and conditions to be unenforceable, the remainder of the terms and conditions will continue in full force and effect. These terms of conditions constitute the entire agreement between the parties with respect to the subject matter hereof and supersede and replace all prior understandings or agreements, written or oral, regarding such subject matter. Any waiver of any provision of the terms and conditions will be effective only if in writing and signed by the Nedgroup Investments.

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