Provision on the modification of terms & conditions:

Nordea Investment Funds S.A. (NIFSA) reserves the right to modify these terms and conditions on this website at any time, with immediate effect and without prior notice. If the terms and conditions are amended you will be required to read and accept these terms and conditions again.

Restrictions of Website:

The information on this website should not be accessed by any person or entity in any jurisdiction or country where, by reason of that person’s nationality, residence or otherwise, the publication or availability of this website is prohibited. Persons accessing this website are required to inform themselves about and observe any relevant restrictions. NIFSA 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. NIFSA 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. This website is in particular exclusively reserved for non-US Persons*. The information in this website is not for distribution to and does not constitute an offer to sell or the solicitation of any offer to buy any securities in the United States of America to or for the benefit of “US Persons.”

* 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.

Issuer of the website:

This website is issued and operated by Nordea Investment Funds S.A. (NIFSA), 562, rue de Neudorf, P.O. Box 782, L-2017 Luxembourg, which is authorized by the Luxembourg supervisory authority Commission de Surveillance du Secteur Financier in Luxembourg. NIFSA is registered with the commercial register in Luxembourg (Registre de commerce et des sociétés; or “RCS”) under company number B 31619.

MiFID:

Please note that UCITS management companies, which do not provide additional and non-core services within the meaning of article 5(3) of the UCITS Directive in principle are not covered by MiFID rules (EU Directive 2014/65/EU, dated 15 May 2014, on markets in financial instruments and its implementing measures). Therefore does NIFSA not warrant or guarantee that the materials and information contained on this website are compliant with the marketing requirements of the MiFID Directive, except where compelled by local laws and regulations.

Qualification of the website:

This website is considered marketing communication and contains general information about NIFSA, the NIFSA managed funds which are available to your investor type and in your country/jurisdiction and Nordea Asset Management. This website does neither amount to an investment advice nor does it constitute i) a recommendation to invest in any financial product, investment structure or instrument, ii) tax advice, to enter into or unwind any transaction or to participate in any particular trading strategy. This website is not an offer to buy any security. Consequently, the information contained herein will be superseded in its entirety by contractual arrangement in its final form entered into for the purpose of an investment in a NIFSA managed fund. Any investment decision should therefore only be based on the final legal documentation, without limitation and if applicable, contractual arrangement, any relevant prospectus and the latest Key Investor Information Document (KIID) relating to the investment.

Information about the funds and availability of the statutory documents:

The sub-funds mentioned on this website are part of one of the following investment funds:

UCITS-SICAVs:
Nordea 1, SICAV, Nordea 2, SICAV or Nordea Fund of Funds, SICAV, all open-ended Luxembourg-based investment companies with variable capital (“Société d’Investissement à Capital Variable”, “SICAV”), validly incorporated and existing in accordance with Part I of the Luxembourg law of 17 December 2010 on undertakings for collective investment in transferable securities (Law of 17 December 2010);

UCITS-FCPs:
Nordea International Fund or Nordea Asset Allocation Fund, both unincorporated mutual investment funds (“fonds commun de placement”) constituted in Luxembourg and governed by Part I of the Law of 17 December 2010 and organised as described in the respective prospectus;

SICAV-SIF:
Nordea Dedicated Investment Fund SICAV- FIS, Nordea Specialised Investment Fund, SICAV-FIS or Nordea Institutional Investment Fund, SICAV-FIS, all qualifying as specialised investment funds (“fonds d’investissement spécialisés”), taking the form of an investment company with variable capital (“Société d’Investissement à Capital Variable”, “SICAV”) under the Luxembourg law of 13 February 2007 relating to specialized investment funds. Such funds are Alternative Investment Funds within the meaning of the Directive 2011/61/EU (“AIFM Directive”) and therefore subject to the requirements of the AIFM Directive as implemented in Luxembourg law through the Law of 12 July 2013 on Alternative Investment Fund Managers as may be amended from time to time;

Part II fund-SICAV in liquidation:
Nordea Multi Label (in liquidation), Luxembourg-based investment companies with variable capital (“Société d’Investissement à Capital Variable”, “SICAV”), validly incorporated and governed by part II of the Law of 17 December 2010. The Fund is an Alternative Investment Fund within the meaning of the Directive 2011/61/EU (“AIFM Directive”) and therefore subject to the requirements of the AIFM Directive as implemented in Luxembourg by the Law of 12 July 2013 on Alternative Investment Fund Managers as may be amended from time to time.

The legal documents, including the current prospectus and Key Investor Information Document (KIID), are available in English and in the local language of the market where the aforementioned funds are authorised for distribution, without 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 our distributors. Further information can be obtained from your financial advisor. He/she can advise you independently on Nordea Investment Funds S.A. and the funds managed by it.

Local specific provisions:

This website is only for professional investors in Luxembourg investing for their own account – according to MiFID definition.

Generic statement about risks, performance and comparisons:

The value of shares/units of the funds mentioned herein and any income from them may vary over time and you may not recover the invested amount.

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 Nordea funds, please refer to the relevant prospectus or Key Investor Information Document (KIID), where applicable, available as described above. For further details of investment risks associated with each respective sub-fund investment, please refer to the relevant Key Investor Information Document (KIID), available as described above.

Estimates of future returns or indications of past performance shown on this website are for information purposes only and are not reliable indicators for future performance. Past performance is not a reliable indicator of future results and investors may not recover the full amount invested. There can be no warranty that an investment objective, targeted returns and results of an investment structure is achieved. Comparison with other financial products or benchmarks is only meant for indicative purposes.

Tax matters:

The levels of and relief from taxation of both, the fund and/or the individual investor 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. The level of tax benefits and liabilities will depend on individual circumstances and may be subject to change in the future.

Limitation of liability regarding accuracy / completeness of the information:

Whilst NIFSA will use every reasonable effort to ensure that the information contained on this website is accurate as at the date of publication of such materials, can no guarantee of the accuracy, suitability or completeness of any such information or the availability be given.
Neither NIFSA nor any other person accepts any liability whatsoever for any loss/damage (direct or consequential) arising from any use of this website or its contents, to third (3rd) party websites or otherwise arising in connection therewith.

Provision about specific content and functionalities e.g. views / research / hyperlink to third (3rd) party:

The website of NIFSA may contain links to other third-party websites that you may access following links from this website. NIFSA 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.

The hyperlinks on this website are only provided for convenience and information purposes. NIFSA is not responsible for the content of external internet websites that link to or are accessible from this website. NIFSA does not assume any responsibility or liability with respect to any website accessed through this website.

Unless otherwise stated, all views expressed are those of NIFSA, these views do not constitute investment or any other advice.

Copyright provisions:

The entire content of this website is subject to copyright with all rights reserved to Nordea Investment Funds S.A. 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 NIFSA.

AML & CTF provisions:

Nordea Investment Funds S.A. is committed to prevent Money Laundering and Counter Terrorist Financing in accordance with the legal framework enforced by the European Union (“equivalent country”) and in particular with the Directive (EU) 2015/849 of the European Parliament and of the Council of 20 May 2015 on the prevention of the use of the financial system for the purposes of money laundering or terrorist financing. Accordingly we may need additional information to verify your identity and carry out appropriate security checks.

Operational capabilities of the website:

NIFSA will use every reasonable effort to keep this website operational at all times but no guarantee can be given. Whilst NIFSA uses every reasonable effort to ensure that the website is free from viruses and defects is it your responsibility to ensure that the correct equipment is used to protect from anything that might damage it when using this website.

Email provisions:

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

Data protection

1. Which data is collected?
2. Who is this data shared with?
3. How and for which purposes is data collected?
4. Cookies
5. Security
6. User rights

Principle:
All communication, electronic or otherwise, between the user and Nordea Investment Funds S.A. (NIFSA) by means of this website, and all information, whether sensitive or otherwise, that the user provides or inputs during their 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 NIFSA.

1. Which data is collected?
Among other things, personal data is collected. Personal data is individual information based on personal or factual circumstances of an identified or identifiable individual. Depending on the type of the contract, this may include particularly sensitive data beyond the name, address, date of birth, profession and bank details.
NIFSA 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.

2. Who is this data shared with?
The user expressly authorises NIFSA to share the user’s data with companies within the Nordea Group, except where, in doing so, NIFSA would be acting in contravention of confidentiality and secrecy rules to which it is subject. The user instructs NIFSA to pass on copies of the information submitted by the user in connection with a subscription or redemption in an investment fund managed by NIFSA via and in the context of the use of this website to an intermediary bank or independent financial advisers, 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.
Subject to the applicable regulations, instructions, summons, official requests or similar procedures and if such is legally permitted, we may also disclose your data towards government authorities or entities, supervisory authorities or other individuals.

3. How and for which purposes is data collected?
In particular, the user authorises NIFSA to collect personal data from the user, to store them electronically or otherwise, to make use of them and to process them.
As a consequence, your data could be used for the following purposes and processes:

• User and customer administration and related services
• Market and customer satisfaction analyses
• User and customer marketing, i.e. sending of information on products and services we believe you might be interested in.
• Compliance with laws, regulations and other legally binding obligations.
• Usage in the context of potential “due diligence” valuations in the context of the know-your-customer obligation.
• Enhancement and constant improvement of our website(s)

4. Cookies
A cookie is a small file stored on your computer hard disk. It enables a website to remember a computer accessing this website. In addition, the cookie may contain information on computer user preferences during website visits. Further, cookies are used to track which individual websites a user visits in which order.

How do we use cookies?
Our website uses cookies in order to track how visitors move through the web pages. We use this information in order to keep improving our on-line offering: e.g. by analysing which sections are particularly popular or where we must improve the navigation options.

Enabling and disabling cookies
For information on how to enable or disable cookies, please refer to the help section of your web browser. Most up-to-date browsers allow you to generally disable or enable cookies and to exempt cookies of reliable websites from this rule. The help section should also contain instructions on how to delete cookies that are already on your computer.

5. Security
Which security measures are taken to protect your data?
NIFSA takes technical and organisational security measures to protect your data from accidental or deliberate manipulation, loss, destruction or the access by unauthorised individuals.

6. User rights
The user can request a statement of their personal data, which is stored at NIFSA, free of charge. The user has the right to change or delete this data should it prove to be incorrect. NIFSA may store such personal data for a maximum period as permitted under applicable 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 this might reduce/limit the access to certain areas of this webpage. Data will not be passed on to entities out of the Nordea group, except when required by legal provisions or when expressly authorised by the user.

Many banks and financial institutions especially in the English speaking countries have been targets of so-called phishing attacks.

Phishing is a form of Internet scam where customers are led to give their personal authentication data to hackers. Bank customers have received e-mails or phone calls where they have been asked to give their netbank passwords, credit card numbers and PINs.

Some financial institutions in Finland, Norway and Sweden were attacked by phishers. Many citizens and our customers in our market area have received scam e-mails in the name of financial institutions where confidential information is asked for criminal purposes.

How can I be sure that I’m dealing with Nordea and not an impostor?
Nordea will never send you an e-mail or call you asking for your passwords, credit card numbers, or other sensitive information.

If you are required to enter personal information to perform a transaction, it is always done in our systems such as Nordea private ebanking after an ordinary log in. In this way we know who you are, and you can be sure that it is really Nordea you are communicating with.
Verify the certificate securing protected nordea websites – click on the padlock to view our Verisign certificate issued to secureprivateebanking.nordea.lu
The physical “ActiveIdentity” card provides you with one of the most secure ways to identify yourself online – keep the PIN code and device securely stored.

How can I protect myself?
We want your online experience to be enjoyable and trouble-free. That is why Nordea uses encryption and other security procedures. We also want to make you aware of some simple security tips you can follow while shopping and banking online at home

Act quickly if you have surrendered your identification codes into the wrong hands. Contact Nordea immediately.
Do not send sensitive personal or financial information unless it is encrypted on a secure website. Regular e-mails are not encrypted and correspond to sending a post card. Look for the padlock symbol on the bottom bar of the browser to ensure that the site is running in secure mode before you enter sensitive information.
Do business only with companies you know and trust.
Monitor your transactions. Review your order confirmations, credit card and bank statements as soon as you receive them to make sure you are being charged only for the transactions you made. Immediately report any irregularities in your Nordea accounts by calling your Account Manager.
Keep your PC updated with the latest security patches and antivirus software. If possible, use a personal firewall and remember to change your default password on, for example your WLAN / ADSL modem
Do not go to bank or payment sites by clicking links in e-mails etc – Be sure you go to the intended location by typing the URL / internet address yourself in the browser.

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.

Provision on the modification of terms & conditions:

Nordea Investment Funds S.A. (NIFSA) reserves the right to modify these terms and conditions on this website at any time, with immediate effect and without prior notice. If the terms and conditions are amended you will be required to read and accept these terms and conditions again.

Restrictions of Website:

The information on this website should not be accessed by any person or entity in any jurisdiction or country where, by reason of that person’s nationality, residence or otherwise, the publication or availability of this website is prohibited. Persons accessing this website are required to inform themselves about and observe any relevant restrictions. NIFSA 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. NIFSA 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. This website is in particular exclusively reserved for non-US Persons*. The information in this website is not for distribution to and does not constitute an offer to sell or the solicitation of any offer to buy any securities in the United States of America to or for the benefit of “US Persons.”

* 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.

Issuer of the website:

This website is issued and operated by Nordea Investment Funds S.A. (NIFSA), 562, rue de Neudorf, P.O. Box 782, L-2017 Luxembourg, which is authorized by the Luxembourg supervisory authority Commission de Surveillance du Secteur Financier in Luxembourg. NIFSA is registered with the commercial register in Luxembourg (Registre de commerce et des sociétés; or “RCS”) under company number B 31619.

MiFID:

Please note that UCITS management companies, which do not provide additional and non-core services within the meaning of article 5(3) of the UCITS Directive in principle are not covered by MiFID rules (EU Directive 2014/65/EU, dated 15 May 2014, on markets in financial instruments and its implementing measures). Therefore does NIFSA not warrant or guarantee that the materials and information contained on this website are compliant with the marketing requirements of the MiFID Directive, except where compelled by local laws and regulations.

Qualification of the website:

This website is considered marketing communication and contains general information about NIFSA, the NIFSA managed funds which are available to your investor type and in your country/jurisdiction and Nordea Asset Management. This website does neither amount to an investment advice nor does it constitute i) a recommendation to invest in any financial product, investment structure or instrument, ii) tax advice, to enter into or unwind any transaction or to participate in any particular trading strategy. This website is not an offer to buy any security. Consequently, the information contained herein will be superseded in its entirety by contractual arrangement in its final form entered into for the purpose of an investment in a NIFSA managed fund. Any investment decision should therefore only be based on the final legal documentation, without limitation and if applicable, contractual arrangement, any relevant prospectus and the latest Key Investor Information Document (KIID) relating to the investment.

Information about the funds and availability of the statutory documents:

The sub-funds mentioned on this website are part of one of the following investment funds:

UCITS-SICAVs:
Nordea 1, SICAV, Nordea 2, SICAV or Nordea Fund of Funds, SICAV, all open-ended Luxembourg-based investment companies with variable capital (“Société d’Investissement à Capital Variable”, “SICAV”), validly incorporated and existing in accordance with Part I of the Luxembourg law of 17 December 2010 on undertakings for collective investment in transferable securities (Law of 17 December 2010);

UCITS-FCPs:
Nordea International Fund or Nordea Asset Allocation Fund, both unincorporated mutual investment funds (“fonds commun de placement”) constituted in Luxembourg and governed by Part I of the Law of 17 December 2010 and organised as described in the respective prospectus;

SICAV-SIF:
Nordea Dedicated Investment Fund SICAV- FIS, Nordea Specialised Investment Fund, SICAV-FIS or Nordea Institutional Investment Fund, SICAV-FIS, all qualifying as specialised investment funds (“fonds d’investissement spécialisés”), taking the form of an investment company with variable capital (“Société d’Investissement à Capital Variable”, “SICAV”) under the Luxembourg law of 13 February 2007 relating to specialized investment funds. Such funds are Alternative Investment Funds within the meaning of the Directive 2011/61/EU (“AIFM Directive”) and therefore subject to the requirements of the AIFM Directive as implemented in Luxembourg law through the Law of 12 July 2013 on Alternative Investment Fund Managers as may be amended from time to time;

Part II fund-SICAV in liquidation:
Nordea Multi Label (in liquidation), Luxembourg-based investment companies with variable capital (“Société d’Investissement à Capital Variable”, “SICAV”), validly incorporated and governed by part II of the Law of 17 December 2010. The Fund is an Alternative Investment Fund within the meaning of the Directive 2011/61/EU (“AIFM Directive”) and therefore subject to the requirements of the AIFM Directive as implemented in Luxembourg by the Law of 12 July 2013 on Alternative Investment Fund Managers as may be amended from time to time.

The legal documents, including the current prospectus and Key Investor Information Document (KIID), are available in English and in the local language of the market where the aforementioned funds are authorised for distribution, without 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 our distributors. Further information can be obtained from your financial advisor. He/she can advise you independently on Nordea Investment Funds S.A. and the funds managed by it.

Local specific provisions:

This website is only for professional investors in Luxembourg investing for their own account – according to MiFID definition.

Generic statement about risks, performance and comparisons:

The value of shares/units of the funds mentioned herein and any income from them may vary over time and you may not recover the invested amount.

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 Nordea funds, please refer to the relevant prospectus or Key Investor Information Document (KIID), where applicable, available as described above. For further details of investment risks associated with each respective sub-fund investment, please refer to the relevant Key Investor Information Document (KIID), available as described above.

Estimates of future returns or indications of past performance shown on this website are for information purposes only and are not reliable indicators for future performance. Past performance is not a reliable indicator of future results and investors may not recover the full amount invested. There can be no warranty that an investment objective, targeted returns and results of an investment structure is achieved. Comparison with other financial products or benchmarks is only meant for indicative purposes.

Tax matters:

The levels of and relief from taxation of both, the fund and/or the individual investor 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. The level of tax benefits and liabilities will depend on individual circumstances and may be subject to change in the future.

Limitation of liability regarding accuracy / completeness of the information:

Whilst NIFSA will use every reasonable effort to ensure that the information contained on this website is accurate as at the date of publication of such materials, can no guarantee of the accuracy, suitability or completeness of any such information or the availability be given.
Neither NIFSA nor any other person accepts any liability whatsoever for any loss/damage (direct or consequential) arising from any use of this website or its contents, to third (3rd) party websites or otherwise arising in connection therewith.

Provision about specific content and functionalities e.g. views / research / hyperlink to third (3rd) party:

The website of NIFSA may contain links to other third-party websites that you may access following links from this website. NIFSA 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.

The hyperlinks on this website are only provided for convenience and information purposes. NIFSA is not responsible for the content of external internet websites that link to or are accessible from this website. NIFSA does not assume any responsibility or liability with respect to any website accessed through this website.

Unless otherwise stated, all views expressed are those of NIFSA, these views do not constitute investment or any other advice.

Copyright provisions:

The entire content of this website is subject to copyright with all rights reserved to Nordea Investment Funds S.A. 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 NIFSA.

AML & CTF provisions:

Nordea Investment Funds S.A. is committed to prevent Money Laundering and Counter Terrorist Financing in accordance with the legal framework enforced by the European Union (“equivalent country”) and in particular with the Directive (EU) 2015/849 of the European Parliament and of the Council of 20 May 2015 on the prevention of the use of the financial system for the purposes of money laundering or terrorist financing. Accordingly we may need additional information to verify your identity and carry out appropriate security checks.

Operational capabilities of the website:

NIFSA will use every reasonable effort to keep this website operational at all times but no guarantee can be given. Whilst NIFSA uses every reasonable effort to ensure that the website is free from viruses and defects is it your responsibility to ensure that the correct equipment is used to protect from anything that might damage it when using this website.

Email provisions:

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

Data protection

1. Which data is collected?
2. Who is this data shared with?
3. How and for which purposes is data collected?
4. Cookies
5. Security
6. User rights

Principle:
All communication, electronic or otherwise, between the user and Nordea Investment Funds S.A. (NIFSA) by means of this website, and all information, whether sensitive or otherwise, that the user provides or inputs during their 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 NIFSA.

1. Which data is collected?
Among other things, personal data is collected. Personal data is individual information based on personal or factual circumstances of an identified or identifiable individual. Depending on the type of the contract, this may include particularly sensitive data beyond the name, address, date of birth, profession and bank details.
NIFSA 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.

2. Who is this data shared with?
The user expressly authorises NIFSA to share the user’s data with companies within the Nordea Group, except where, in doing so, NIFSA would be acting in contravention of confidentiality and secrecy rules to which it is subject. The user instructs NIFSA to pass on copies of the information submitted by the user in connection with a subscription or redemption in an investment fund managed by NIFSA via and in the context of the use of this website to an intermediary bank or independent financial advisers, 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.
Subject to the applicable regulations, instructions, summons, official requests or similar procedures and if such is legally permitted, we may also disclose your data towards government authorities or entities, supervisory authorities or other individuals.

3. How and for which purposes is data collected?
In particular, the user authorises NIFSA to collect personal data from the user, to store them electronically or otherwise, to make use of them and to process them.
As a consequence, your data could be used for the following purposes and processes:

• User and customer administration and related services
• Market and customer satisfaction analyses
• User and customer marketing, i.e. sending of information on products and services we believe you might be interested in.
• Compliance with laws, regulations and other legally binding obligations.
• Usage in the context of potential “due diligence” valuations in the context of the know-your-customer obligation.
• Enhancement and constant improvement of our website(s)

4. Cookies
A cookie is a small file stored on your computer hard disk. It enables a website to remember a computer accessing this website. In addition, the cookie may contain information on computer user preferences during website visits. Further, cookies are used to track which individual websites a user visits in which order.

How do we use cookies?
Our website uses cookies in order to track how visitors move through the web pages. We use this information in order to keep improving our on-line offering: e.g. by analysing which sections are particularly popular or where we must improve the navigation options.

Enabling and disabling cookies
For information on how to enable or disable cookies, please refer to the help section of your web browser. Most up-to-date browsers allow you to generally disable or enable cookies and to exempt cookies of reliable websites from this rule. The help section should also contain instructions on how to delete cookies that are already on your computer.

5. Security
Which security measures are taken to protect your data?
NIFSA takes technical and organisational security measures to protect your data from accidental or deliberate manipulation, loss, destruction or the access by unauthorised individuals.

6. User rights
The user can request a statement of their personal data, which is stored at NIFSA, free of charge. The user has the right to change or delete this data should it prove to be incorrect. NIFSA may store such personal data for a maximum period as permitted under applicable 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 this might reduce/limit the access to certain areas of this webpage. Data will not be passed on to entities out of the Nordea group, except when required by legal provisions or when expressly authorised by the user.

Many banks and financial institutions especially in the English speaking countries have been targets of so-called phishing attacks.

Phishing is a form of Internet scam where customers are led to give their personal authentication data to hackers. Bank customers have received e-mails or phone calls where they have been asked to give their netbank passwords, credit card numbers and PINs.

Some financial institutions in Finland, Norway and Sweden were attacked by phishers. Many citizens and our customers in our market area have received scam e-mails in the name of financial institutions where confidential information is asked for criminal purposes.

How can I be sure that I’m dealing with Nordea and not an impostor?
Nordea will never send you an e-mail or call you asking for your passwords, credit card numbers, or other sensitive information.

If you are required to enter personal information to perform a transaction, it is always done in our systems such as Nordea private ebanking after an ordinary log in. In this way we know who you are, and you can be sure that it is really Nordea you are communicating with.
Verify the certificate securing protected nordea websites – click on the padlock to view our Verisign certificate issued to secureprivateebanking.nordea.lu
The physical “ActiveIdentity” card provides you with one of the most secure ways to identify yourself online – keep the PIN code and device securely stored.

How can I protect myself?
We want your online experience to be enjoyable and trouble-free. That is why Nordea uses encryption and other security procedures. We also want to make you aware of some simple security tips you can follow while shopping and banking online at home

Act quickly if you have surrendered your identification codes into the wrong hands. Contact Nordea immediately.
Do not send sensitive personal or financial information unless it is encrypted on a secure website. Regular e-mails are not encrypted and correspond to sending a post card. Look for the padlock symbol on the bottom bar of the browser to ensure that the site is running in secure mode before you enter sensitive information.
Do business only with companies you know and trust.
Monitor your transactions. Review your order confirmations, credit card and bank statements as soon as you receive them to make sure you are being charged only for the transactions you made. Immediately report any irregularities in your Nordea accounts by calling your Account Manager.
Keep your PC updated with the latest security patches and antivirus software. If possible, use a personal firewall and remember to change your default password on, for example your WLAN / ADSL modem
Do not go to bank or payment sites by clicking links in e-mails etc – Be sure you go to the intended location by typing the URL / internet address yourself in the browser.

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.