Welcome to the MFS Web site ("Site"). This Site is owned and operated by MFS Investment Management and/or its affiliates ("MFS"). Please read the following Terms and Conditions ("Terms") before using this Site. By using the Site, you agree to be bound by these Terms. Nothing contained in these Terms is intended to modify or amend any other written agreement (including without limitation any customer agreement, participation agreement or account agreement) ("Other Agreements") if any, that may currently be in effect between you and MFS. In the event of any inconsistency between these Terms and any Other Agreements, the Other Agreements shall govern. Some pages within this Web site contain supplemental terms and conditions and additional disclosures and disclaimers, which are in addition to these terms and conditions, disclosures and disclaimers. In the event of a conflict, the supplemental terms and conditions and additional disclosures and disclaimers will govern for those sections or pages.
MFS may revise the Terms without notice and the Terms in effect on the day you access this Site will govern your use. We suggest that you review the most current version of the Terms each time you visit MFS.
No Investment Advice or Recommendations
Your Investor Role and Country
Restriction on Use
Trademarks and Patents
Limitation of Liability
Third Party Content
Web site Security
Timeliness of Content
Certain parts of this site may be protected by passwords or require a login. You are responsible for maintaining the confidentiality of any user names, passwords, security questions and answers. You understand that you are solely responsible for all transaction requests electronically transmitted, or use of any data, information or services obtained, using your passwords or other security data. You agree that MFS shall not be under a duty to inquire as to the authority or propriety of any instructions given to MFS using your passwords or other security data and that MFS shall be entitled to act upon any such instructions. MFS will not be liable for any loss, cost, expense or other liability arising out of any such instructions. It is your responsibility to notify us immediately of: (i) any unauthorized use of your passwords and other security data; (ii) any discrepancy in your account; (iii) your failure to receive written confirmation of any transaction within five business days. In addition, MFS shall not be deemed to have received a request for a transaction unless and until MFS has acknowledged to you that MFS has received your request.
No Investment Advice or Recommendations
The information and services provided at this Site are for your informational and educational purposes only. You are solely responsible for evaluating the risks and merits regarding the use of this site and any services provided herein. Nothing contained herein constitutes a solicitation, recommendation, endorsement, or offer by MFS to buy or sell any securities or other financial instruments.
The Institutional Investor and Analyst areas of the Site are intended for the sole use of institutional investors or analysts. Any person who is not an institutional investor or analyst should not view, act, or rely on this information in those areas and MFS assumes no responsibility for any such person.
Your Investor Role and Country
Because the site may be accessed internationally, you agree to comply with all local laws, rules and regulations with respect to your account including without limitation, all laws, rules and regulations in effect in the country in which you reside and the country from which you access the site. The information provided on this site is not intended for access or use by any person or entity in any jurisdiction or country where such access or use would be contrary to law or regulation or which would subject MFS or its affiliates to any registration requirement within such jurisdiction or country. Unless otherwise noted, the investment products and services are intended to be made available only to residents of the jurisdiction that the user has selected when entering the site. You represent that you have properly identified your jurisdiction and investor role and that MFS may rely on your representation.
Distribution of Investment Products
Depending on the jurisdiction in which you are present when accessing the Site and/or the jurisdiction you identify when entering the product and service pages of the Site, MFS products and services may be made available through one of the following global affiliates:
- MFS Fund Distributors, Inc. ("MFD"), a limited purpose broker-dealer organized in the U.S. and regulated by FINRA and the SEC. MFD is the distributor of U.S. open-end mutual funds.
- MFS Investment Management Company (Lux) S.ár.l. ("MFS Lux"), a management company organized in Luxembourg and regulated by the Luxembourg Commission de Surveillance du Secteur Financier. MFS Lux is the management company and global distributor of the MFS Meridian Funds
- MFS Institutional Advisors, Inc. ("MFSI"), an investment adviser organized in the U.S. and regulated by the SEC.
- Massachusetts Financial Services Company, an investment adviser and commodity trading advisor organized in the U.S. and regulated by the SEC, the CFTC and the NFA.
- MFS Investment Management Canada Limited, a federally incorporated company registered in all provinces and territories of Canada in the categories of portfolio manager and exempt market dealer, and as an investment fund manager in Ontario, Quebec and Newfoundland & Labrador.
- MFS International (U.K.) Limited ("MIL UK"), a private limited company registered in England and Wales with the company number 03062718, and authorized and regulated in the conduct of investment business by the U.K. Financial Conduct Authority.
- MFS International (Hong Kong) Limited (“MIL HK”), a private limited company licensed and regulated by the Hong Kong Securities and Futures Commission (the “SFC”). MIL HK is a wholly-owned, indirect subsidiary of Massachusetts Financial Services Company, a U.S.-based investment advisor and fund sponsor registered with the U.S. Securities and Exchange Commission. MIL HK is approved to engage in dealing in securities and asset management regulated activities and may provide certain investment services to “professional investors” as defined in the Securities and Futures Ordinance (“SFO”).
- For investors in Australia: MFSI and MIL UK are exempt from the requirement to hold an Australian financial services license under the Corporations Act 2001 in respect of the financial services they provide. In Australia and New Zealand: MFSI is regulated by the U.S. Securities and Exchange Commission under U.S. laws, and MIL UK is regulated by the U.K. Financial Conduct Authority under U.K. laws, which differ from Australian and New Zealand laws.
Restriction on Use
Except as otherwise agreed to in writing by MFS, you may not redistribute, copy, upload, reproduce, or transmit any materials on the Site. You may download Site material for your personal and noncommercial use. Any use of the Site for public or commercial purposes is prohibited without MFS' prior written consent.
Trademarks and Patents
All materials on this Site are owned or licensed by MFS and/or its third party information providers and are protected by United States and international intellectual property laws. Unless otherwise indicated, all service marks, trademarks and logos appearing on this Site are the exclusive property of MFS except that third-party products and brand names may be trademarks or registered trademarks of their unaffiliated respective owners.
You expressly acknowledge and agree that the use and storage of any information, including without limitation, portfolio information, transaction activity, account balances, and any other information or transaction requests available through use of the Site is at your sole risk and responsibility.
MFS DOES NOT MAKE ANY EXPRESS OR IMPLIED WARRANTIES INCLUDING BUT NOT LIMITED TO IMPLIED WARRANTIES OF MERCHANTABILITY, FITNESS FOR A PARTICULAR PURPOSE, OR NON-INFRINGEMENT ABOUT THE SITE, INFORMATION ON THE SITE OR THE RESULTS OBTAINED FROM THE USE OF THE SITE. THE SITE IS PROVIDED "AS IS", "AS AVAILABLE" AND "WITH ALL FAULTS" AND MFS DOES NOT WARRANT ITS ACCURACY, COMPLETENESS, AVAILABLILITY, RELIABILITY OR TIMELINESS. MFS DOES NOT WARRANT THAT THE SITE WILL MEET YOUR NEEDS AND MAKES NO GUARANTEE THAT IT WILL UPDATE THE SITE. YOU AGREE TO ASSUME THE ENTIRE RISK AS TO YOUR USE OF THE SITE. IN ADDITION, AND WITHOUT LIMITING THE FOREGOING, MFS DISCLAIMS ANY AND ALL WARRANTIES WITH RESPECT TO ANY DELAYS OR ERRORS IN THE TRANSMISSION OR DELIVERY OF ANY MATERIALS, PRODUCTS OR SERVICES AVAILABLE THROUGH THE SITE.
Limitation of Liability
MFS WILL NOT BE LIABLE TO YOU OR ANYONE ELSE FOR ANY DIRECT, CONSEQUENTIAL, INCIDENTAL, SPECIAL, EXEMPLARY, PUNITIVE OR OTHER INDIRECT DAMAGES, INCLUDING BUT NOT LIMITED TO LOST PROFITS, TRADING LOSSES, UNAUTHORIZED ACCESS, SYSTEMS FAILURE, COMMUNICATIONS LINE FAILURE, INTERNET FAILURE OR DAMAGES THAT RESULT FROM USE OR LOSS OF USE OF THE SITE, CONTENT, INCONVENIENCE OR DELAY. THIS IS TRUE EVEN IF MFS HAS BEEN ADVISED OF THE POSSIBILITY OF SUCH DAMAGES OR LOSSES. TO THE EXTENT ANY JURISDICTION DOES NOT ALLOW THE EXCLUSION OF CERTAIN WARRANTIES, SOME OF THE ABOVE EXCLUSIONS MAY NOT APPLY TO YOU.
ANY MATERIAL DOWNLOADED OR OTHERWISE OBTAINED THROUGH THE SITE IS DONE AT YOUR OWN DISCRETION AND RISK AND YOU ARE SOLELY RESPONSIBLE FOR ANY DAMAGE TO YOUR COMPUTER OR OTHER ELECTRONIC SYSTEM OR LOSS OF DATA THAT RESULTS FROM THE DOWNLOAD OF ANY SUCH MATERIAL. NO ADVICE OR INFORMATION, WHETHER ORAL OR WRITTEN, OBTAINED BY YOU FROM THE SITE WILL CREATE ANY WARRANTY NOT EXPRESSLY STATED IN THESE TERMS.
As a condition of your use of the site, you agree to indemnify and hold MFS, its affiliates, and its and their respective officers, directors, trustees, employees and agents harmless from and against any and all claims, losses, liability, costs and expenses (including but not limited to attorneys' fees) arising from your use of the site or from your violation of these Terms.
Third Party Content
MFS may make available links from the site to other, third party sites or electronic services providers that are not affiliated with MFS or you may have accessed this site from the sites of other unaffiliated third parties or electronic service providers who have links to any pages of this Site. MFS does not control these other sites or services, and MFS makes no representations or endorsements whatsoever concerning those sites or services. The fact that MFS has provided a link to a site is not an endorsement, authorization, sponsorship, or affiliation with respect to such site, its owners, or its providers. There are risks in using any information, software, service or product found on the Internet, and MFS cautions you to make sure you understand these risks before retrieving, using, relying upon, or purchasing anything via the Internet. You agree that under no circumstances will you hold MFS liable for any loss or damage caused by use of or reliance on any content, goods or services available on other sites.
MFS may terminate your access to the site for any reason, without prior notice.
Web site Security
As a condition to your use of this Web site, you agree that you will not, and you will not take any action intended to: (i) access data that is not intended for you; (ii) invade the privacy of, obtain the identity of, or obtain any personal information about any other user of this Web site; (iii) probe, scan or test the vulnerability of this Web site or MFS' network or breach security or authentication measures without proper authorization; (iv) attempt to interfere with service to any user, host or network or otherwise attempt to disrupt our business; or (v) send unsolicited mail, including promotions and/or advertising of products and services.
Timeliness of Content
All content on the site is presented only as of the date published or indicated and may be superseded by subsequent market events or other circumstances; MFS disclaims any responsibility to update the content. You are responsible for refreshing your screen or setting the cache settings on your Internet browser to ensure you are viewing the most current content.
These terms and conditions are governed by the laws of the Commonwealth of Massachusetts (except for conflict of law provisions). Any claim related to any dispute arising as a result of the site or under these Terms shall be made before a court of competent jurisdiction located in the Commonwealth of Massachusetts. If any provision of these terms and conditions are held to be unenforceable, such provision shall be reformed only to the extent necessary to make it enforceable.
Index Provider Disclosure
Bank of America Merrill Lynch: BofA Merrill Lynch makes no express or implied warranties or representations and shall have no liability whatsoever with respect to any BofA Merrill Lynch data contained herein. The BofA Merrill Lynch data may not be further redistributed or used as a basis for other indices or any securities or financial products. This report is not sponsored, endorsed, approved, reviewed or produced by BofA Merrill Lynch.
Barra: The Barra information may not be redistributed, may not be reproduced or redisseminated in any form and may not be used to create any financial instruments or products or any indices. The Barra information is provided on an “as is” basis and the user of this information assumes the entire risk of any use made of this information. Barra, each of its affiliates and each other person involved in or related to compiling, computing or creating any Barra information (collectively, the “Barra Parties”) expressly disclaims all warranties (including, without limitation, any warranties of originality, accuracy, completeness, timeliness, non-infringement, merchantability and fitness for a particular purpose) with respect to this information. Without limiting any of the foregoing, in no event shall any Barra Party have any liability for any direct, indirect, special, incidental, punitive, consequential (including, without limitation, lost profits) or any other damages.
Bloomberg Barclays Indices and POINT Data: Used with permission. Barclays and POINT are registered trademarks of Barclays Capital Inc. or its affiliates.
Citigroup: ©2017 Citigroup Index LLC. All rights reserved.
Dow Jones (CME Indexes): The CME indexes are calculated, distributed and marketed by Dow Jones Indexes, the marketing name and a licensed trademark of CME Group Index Services LLC , and have been licensed for use. “Dow Jones®”, “Dow Jones Indexes” are service marks of Dow Jones Trademark Holdings, LLC. “CME” is a trademark of Chicago Mercantile Exchange Inc. All content of the Dow Jones Indexes © CME Group Index Services LLC 2017.
FTSE: “FTSE®” is a trade mark of the London Stock Exchange Group companies and is used by FTSE International Limited under licence. All rights in the FTSE indices and / or FTSE ratings vest in FTSE and/or its licensors. Neither FTSE nor its licensors accept any liability for any errors or omissions in the FTSE indices and / or FTSE ratings or underlying data and no party may rely on any FTSE indices, ratings and / or data underlying data contained in this communication. No further distribution of FTSE Data is permitted without FTSE’s express written consent. FTSE does not promote, sponsor or endorse the content of this communication.
FTSE EPRA/NAREIT Series: “FTSE®” is a trade mark of the London Stock Exchange Group companies and is used by FTSE International Limited under licence. "FT-SE®", "FOOTSIE®" and "FTSE4GOOD®" are trade marks of the London Stock Exchange Group companies. "NAREIT®" is a trade mark of the National Association of Real Estate Investment Trusts ("NAREIT”) and "EPRA®" is a trade mark of the European Public Real Estate Association ("EPRA”) and all are used by FTSE International Limited ("FTSE”) under licence. The FTSE [name of index] is calculated by FTSE. Neither FTSE, Euronext N. V., NAREIT nor EPRA sponsor, endorse or promote this product and are not in any way connected to it and do not accept any liability. All intellectual property rights in the index values and constituent list vests in FTSE, Euronext N. V., NAREIT and EPRA. Neither FTSE nor its licensors accept any liability for any errors or omissions in the FTSE indices and / or FTSE ratings or underlying data. No further distribution of FTSE Data is permitted without FTSE’s express written consent.
FTSE TMX: [“FTSE®” is a trade mark of the London Stock Exchange Group companies and is used under licence." (all countries except Canada and Taiwan)/“FTSE” is a trade mark of FTSE International Ltd and is used under licence." (Canada and Taiwan)] [“TMX” is a trade mark of TSX Inc. and is used under licence]. All rights in the FTSE TMX Global Debt Capital Markets Inc’s indices and / or FTSE TMX Global Debt Capital Markets Inc’s ratings vest in FTSE TMX Global Debt Capital Markets Inc and/or its licensors. Neither FTSE TMX Global Debt Capital Markets Inc nor its licensors accept any liability for any errors or omissions in such indices and / or ratings or underlying data. No further distribution of FTSE TMX Global Debt Capital Markets Inc’s data is permitted without FTSE TMX Global Debt Capital Markets Inc’s express written consent.
JP Morgan Securities LLC: Information has been obtained from sources believed to be reliable but J.P. Morgan does not warrant its completeness or accuracy. The Index is used with permission. The Index may not be copied, used, or distributed without J.P. Morgan's prior written approval. Copyright 2014, J.P. Morgan Chase & Co. All rights reserved.
MSCI: The MSCI data is comprised of a custom index calculated by MSCI for, and as requested by, Massachusetts Financial Services Company. The MSCI data is for internal use only and may not be redistributed or used in connection with creating or offering any securities, financial products or indices. Neither MSCI nor any other third party involved in or related to compiling, computing or creating the MSCI data (the "MSCI Parties") makes any express or implied warranties or representations with respect to such data (or the results to be obtained by the use thereof), and the MSCI Parties hereby expressly disclaim all warranties of originality, accuracy, completeness, merchantability or fitness for a particular purpose with respect to such data. Without limiting any of the foregoing, in no event shall any of the MSCI Parties have any liability for any direct, indirect, special, punitive, consequential or any other damages (including lost profits) even if notified of the possibility of such damages.
Russell: Frank Russell Company (“Russell”) is the source and owner of the trademarks, service marks and copyrights related to the Russell Indexes. Russell® is a trademark of Frank Russell Company. Neither Russell nor its licensors accept any liability for any errors or omissions in the Russell Indexes and / or Russell ratings or underlying data and no party may rely on any Russell Indexes and / or Russell ratings and / or underlying data contained in this communication. No further distribution of Russell Data is permitted without Russell’s express written consent. Russell does not promote, sponsor or endorse the content of this communication.
S&P Dow Jones: Standard & Poor’s®” and S&P“S&P®” are registered trademarks of Standard & Poor’s Financial Services LLC (“S&P”) and Dow Jones is a registered trademark of Dow Jones Trademark Holdings LLC (“Dow Jones”) and have been licensed for use by S&P Dow Jones Indices LLC and sublicensed for certain purposes by MFS. The S&P 500® is a product of S&P Dow Jones Indices LLC, and has been licensed for use by MFS. MFS's products are not sponsored, endorsed, sold or promoted by S&P Dow Jones Indices LLC, Dow Jones, S&P, or their respective affiliates, and neither S&P Dow Jones Indices LLC, Dow Jones, S&P, their respective affiliates make any representation regarding the advisability of investing in such product(s).
S&P GICS: The Global Industry Classification Standard ("GICS") was developed by and is the exclusive property and a service mark of MSCI, Inc. ("MSCI") and Standard & Poor's, a division of The McGraw-Hill Companies, Inc. ("S&P") and is licensed for use by MFS. Neither MSCI, S&P, nor any other party involved in making compiling the GICS or any GICS classifications makes any express or implied warranties or representations with respect to such standard or classification (or the results to be obtained by the use thereof), and all such parties hereby expressly disclaim all warranties or originality, accuracy, completeness, merchantability and fitness for a particular purpose with respect to any of such standard or classification. Without limiting any of the foregoing, in no event shall MSCI, S&P, any of their affiliates or any third party involved in making or compiling the GICS or any GICS classifications have any liability for any direct, indirect, special, punitive, consequential or any other damages (including lose profits) even if notified of the possibility of such damages.