TERMS OF USE

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.

INDEX
Password Security
No Investment Advice or Recommendations
Your Investor Role and Country
Social Media Terms of Use
Restriction on Use
Trademarks and Patents
Warranty Disclaimer
Limitation of Liability
Indemnification
Third Party Content
Termination
Web site Security
Timeliness of Content
Governing Law

Password Security
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:

 

Social Media Terms of Use
Access of and following MFS social media channels is subject the MFS social media Terms of Use which may be accessed here.

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.

Warranty Disclaimer
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.

Indemnification
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.

Termination
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.

Governing Law
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.