Legal Information and terms of use for

This website is only intended for distribution to, and use by professional investors and is not to be regarded as an offer to buy or sell or the solicitation of any offer to buy or sell securities in any jurisdiction.

AXA Investment Managers UK Limited (AXA IM UK, registered office: 7 Newgate Street, London EC1A 7NX. Registered in England no 01431068) and AXA Investment Managers GS Limited (AXA IM US) are authorised and regulated by the Financial Conduct Authority.

An application for any of the investment products described on this website should be made having read fully, not only the relevant application form, but also the Key Investor Information Document and the Supplementary Information Document or the Prospectus.

Past performance is not a guide to future performance. The value of an investment and the income from it can fall as well as rise as a result of market and currency fluctuations and you may not get back the amount originally invested. Tax rules may change, and the value of tax relief (if any) will depend upon your individual circumstances. Investors should consult their own tax advisers in order to understand any applicable tax consequences.

If you are unsure about how any of any information provided on this website relates to you, then please consult your professional adviser. We do not offer investment advice.

It is also important that you read the Terms of Use of this website given below, which contains important information about the use and content of this site.

AXA IM UK can be contacted as follows:

by mail: 7 Newgate Street, London, EC1A 7NX or
by phone: 020 7003 1000, or
by e-mail:
Head of publication: Joseph Pinto, Global COO at AXA IM
Issued and approved in the UK by AXA Investment Managers UK Limited and AXA Investment Managers GS Limited.

Terms of use

The purpose of this website is to provide information about AXA IM UK, its subsidiaries (hereinafter the “AXA IM Group”) and investment products and services offered by the AXA IM Group.

Accepting the terms of use of the website

These terms of use apply to your use of this website and it is therefore important that you read them carefully.

Any person who accesses and uses this website shall be deemed as agreeing to these terms of use and the privacy policy, in the version in force at the time the site is used. If you have any questions on these terms of use, please contact us. AXA IM UK may at any time amend these terms of use and such amendments shall apply to your use of the website.

When you use this website, you also accept that such use and any information on the Website will be governed by English law and that any dispute arising out of or in connection with the use of this website or the information on it will be submitted to the exclusive jurisdiction of the English courts.

Information given for purely informative purposes

All data and information featured on this website are provided for informative purposes only. Such data and information do not represent, and should not be construed as representing, a solicitation, an offer, or a recommendation to buy or sell an investment or to take part in any other transaction. It cannot either be construed as investment advice from AXA IM UK or any other affiliated companies and has no legal or contractual value.

Information on this website has been obtained from reputable, reliable sources, but neither AXA IM UK nor any affiliated companies provide any warranties or guarantees over its accuracy.
More generally, despite the efforts made by AXA IM UK to gather and confirm all information, AXA IM cannot give any representation, warranty or undertaking of any nature, whether express or implied, as to the accuracy, up-to-date character, completeness or the quality or reliability of the information available on the website. Information on this website may be withdrawn or amended at any time without notice.
You agree that AXA IM is not liable for any direct or indirect consequences arising out of or in connection with the use of such information.

Personal data protection and cookies – Use of cookies by AXA Investment Managers

This website uses cookies to collect certain anonymous information when you visit our website (such as to measure and analyse information with respect to visits to our website, and use of our social media sharing tool). By pursuing your navigation on the website, you accept the use and installation of these cookies. We allow third-party companies, including AddThis and Digital Analytix (a service of Comscore), to collect certain anonymous information when you visit our website. This non personally identifiable information is stored for up to 5 years before deletion. We use this information to increase the efficiency of our website. To that effect we use your IP-address and possibly other comparable numbers which are exchanged between computers during regular internet use; these can, with additional information, sometimes be used to identify a natural person. However, we do not do this. This information is used to collect, among others, traffic data and data regarding your browser type and computer. These companies may use this information during your visits to this and other websites in order to provide advertisements about goods and services likely to be of greater interest to you. These companies typically use a cookie or a third party web beacon to collect this information. To learn more about this behavioral advertising practice, you can visit

You may block the registration of cookies by setting your browser in the following manner:

Mozilla Firefox 3.0 and newer:

  1. Choose the menu Tools and then Options
  2. Click on Privacy
  3. Locate the menu “Cookie” and select the option that fits you

Microsoft Internet Explorer 7 and newer:

  1. Choose the menu Tools and then Internet Options
  2. Click on Confidentiality
  3. Select the appropriate level or click on Advanced

Google Chrome 10 and newer:

  1. Click the “Spanner” icon in the top right of the browser window:
  2. Click Options
  3. On the left side of the browser window click “Under the Hood”
  4. In the section titled “Privacy” click the button “Content settings”

Safari 4.0 and newer:

  1. Click on the “Cog” icon in Safari
  2. Click Preferences
  3. Change to the Security tab.


  1. Choose the menu File and then Preferences
  2. Click on Privacy

You can find out more information about cookies at the independent website

We may ask you to provide your name and personal contact details if you wish for more information about our products and services. Both AXA IM UK and AXA IM GS Limited are registered with the Data Protection Commissioner to hold personal data. This data is used to provide you with the information you request, and may be retained to keep you informed by mail or telephone or other reasonable methods of products and services offered by AXA IM UK. Any personal information you supply to AXA IM and AXA IM US will be treated in accordance with the Data Protection Act 1998 and any other data protection related legislation in the UK.
You have the right, at any time, to access and correct your personal information and privacy preferences or request to be removed from our mailing lists by writing to us at AXA Investment Managers UK Ltd, 7 Newgate Street, London, EC1A 7NX or by writing to

We may record telephone calls for our mutual protection and to improve customer service.

In order to use your personal data as set out in the Privacy Policy, your personal data may be stored and processed in any country worldwide and will be disclosed to other members of the AXA Group. We may also pass your data to third parties, selected by us, with respect to similar activities or for research and analysis purposes, unless you have advised us otherwise. We will ensure that any such third parties will only use your information in accordance with this Privacy Policy and provides an adequate level of protection. The Internet system is not a secure system and your privacy cannot be guaranteed.

Hypertext links/Use of links

No hypertext link to this website may be set up without the prior written consent of AXA IM UK and we reserve the right to withdraw such linking without notice. This condition applies regardless of the type of link used.
AXA IM UK may authorise some links to exist between this Website and other third party websites for your information that are beyond its control. By permitting such links however, AXA IM makes no representation as to the accuracy, completeness, timeliness or suitability of the information on the third party websites and does not accept any responsibility with regards to the content, services, products or materials offered on these websites. For enquiries relating to this please email

Intellectual property/copyright and trademarks

This Website is protected by English laws, copyright laws and international agreements and treaties on intellectual property. All rights are reserved.
All intellectual and any other intellectual property information and material contained in this Website are owned by us, the AXA Group or licensed to us and shall continue to be held by the AXA IM Group and no rights of any kind in it shall pass to the users.

The reproduction, representation, distribution (by electronic or any other means), download, modification, extraction, amendment, or use of all or part of the form or content of this Website, through any medium, for public or commercial use, is therefore strictly forbidden, unless AXA IM UK has given its prior written consent.

You may however copy pages and/or sections of this website for your own private use only, provided that you do not remove any copyright or other notices relating to intellectual property. None of these elements or information may be resold or redistributed in any way. Our status (and that of any identified contributors) as the authors at material on our site must always be acknowledged.

The name “AXA Investment Managers” and all associated logos are trademarks that have been registered by AXA IM UK, the AXA Group or its affiliated companies. The reproduction, removal, reuse or modification in any way of the distinctive signs found on the pages of this Website is forbidden.

Non-liability of AXA IM for usage of the website

Users accept that any access to this website or any use of its content is their sole responsibility. Technical matters may arise that are beyond our control, we cannot hereby guarantee you uninterrupted or error free access to the website at all times, that defects will be remedied or that the website or servers are virus free and occasionally access may be suspended or restricted to enable us to repair, maintain or up date the website.

All warranties (whether express or implied) and all liability to you in respect of the website, its content and your use of the same are excluded to the fullest extent permitted by law.
As a consequence, neither AXA IM UK, AXA IM US nor any of its affiliates, directors, officers or employees can be held responsible for any direct or indirect damage or loss, whether caused by negligence, breach of contract or otherwise ever if foreseeable, arising out of or in connection with such access or use, in particular but not limited to any damage caused by the interruption, withdrawal or malfunction of the Website, in particular but not limited to: in the event of maintenance or restoration of the servers, a technical fault of the servers, overloading of the network, a cut in the telephone line, error, negligence or fault of the internet access providers, of a third party or of clients, or an internet-borne virus.

In addition, users of this website agree that the Internet is not a secure medium for communication of information and that AXA IM UK will not be responsible for any loss or damage that could result from interception by third parties of any information made available through this website.