Terms & Conditions

This “Terms & Conditions” is a binding contract between you and IDLC Asset Management Ltd. It governs your use of this website and all products, services, content, tools and information available through this website. By using or accessing this website, you accept and agree to be bound by these “Terms & Conditions”. If you do not agree with the “terms and conditions”, you are not granted permission to access or otherwise use this website.

These “Terms & Conditions” were last amended as of April 17, 2017
Acceptance of the Terms & Conditions and any Amendments
This Terms and Conditions states the circumstances under which you may use this website and all products, services, content, tools, and information available through the website (referred to collectively as the "Site" or the "Site Content"). By accessing, browsing and / or using this website, you acknowledge that you have read, understood and agree to be legally bound by the “Terms & Conditions”.

These “Terms and Conditions” are in addition to any other agreements between you and us, including any customer or account agreements and any other agreements that govern your use of IDLC Asset Management Company's or any third party's (companies not affiliated with us) products, services, content, tools and information available on this website.

Your use of this website is governed by the version of the “Terms & Conditions” in effect on the date this website is accessed by you. We reserve the right to change the website and the “Terms and Conditions” at any time, without notice. The date of any amendment will be shown in the Table of Contents. If you use the website after the amended “Terms & Conditions” have been posted, you will be deemed to have agreed to the “Terms & Conditions”, as amended.

Website Sponsor This website is provided as a service, and for informational purposes only, by IDLC Asset Management Limited and / or its affiliates that are the IDLC Asset Management Company’s corporate group of companies (collectively, "IDLC" or "we" or "us"). Nothing on this website shall be considered a solicitation to buy or an offer to sell a security, or any other product or service, to any person in any jurisdiction where such solicitation, offer, purchase or sale would be unlawful under the laws of that jurisdiction.

Authorized Use, Users and Online Account Access Personal use: This website is intended only for your personal, non-commercial use, unless you and we have agreed otherwise in writing.

Bangladeshi citizens’ use only: This website is intended for residents and non-residents of Bangladesh only. If you are a citizen of a country other than Bangladesh, you do so at your own initiative and risk and are responsible for compliance with all applicable laws.

Your online account access: If you maintain an account that you access through this website, you are solely responsible for maintaining the confidentiality of your account and password (or Personal Identification Number or PIN) and for restricting access to your computer. You agree to accept responsibility for all activities occurring under your account or password that are due to your conduct, inaction, or negligence. Notify us immediately if you become aware of any disclosure, loss, theft or unauthorized use of your password.

No solicitations: Nothing on this website shall be considered a solicitation to buy or an offer to sell, or a recommendation for, a security, or any other product or service, to any person in any jurisdiction where such solicitation, offer, recommendation, purchase or sale would be unlawful under the laws of that jurisdiction.

No investment recommendations or professional advice, use of tools: This website is not intended to provide any tax, legal, insurance or investment advice, and nothing on the website should be construed as a recommendation, by us or any third party, to acquire or dispose of any investment or security, or to engage in any investment strategy or transaction. While certain tools available on the website may provide general investment or financial analyses based upon your personalized input, such results are not to be construed as our providing investment recommendations or advice. Unless otherwise specified, you alone are solely responsible for determining whether any investment, security or strategy or any other product or service, is appropriate or suitable for you based on your investment objectives and personal and financial situation. You should consult an attorney or tax professional regarding your specific legal or tax situation.

Prohibited Uses and Means of Access Prohibited Uses: Because all servers have limited capacity and are used by many people, you may not use the website in any manner that could damage or overburden any IDLC server, or any network connected to any IDLC server. You may not use the website in any manner that would interfere with any other party's use of the website.

Means of Access: The Site is generally intended to be viewed by a conventional web browser with a screen resolution of 1024 x 768 pixels or greater, such as Microsoft® Internet Explorer® 7.0 or above, Firefox® 3.0 or above, or Safari® 3.0 and above. Although you may use other means to access the website, be aware that the website may not appear accurately through other access methods, and you use them only at your own risk. You are responsible for setting the cache settings on your browser to ensure that you are receiving the most recent data. You should not access the website through devices or services that are designed to provide high-speed, automated, repeated access, unless such devices are approved by us.

Password protected areas: Access to and use of password-protected and / or secure areas of the website is restricted to authorized users only. You may not obtain or attempt to obtain unauthorized access to such parts of our website, or to any other protected materials or information, through any means not intentionally made available by us for your specific use. Unauthorized individuals attempting to access, or actually accessing, these areas can be subject to criminal and / or civil prosecution.

Fund Prospectus Offer, Performance and Investment Risks Prospectus Offer: For more information on any of our funds offered, download a prospectus which contains important information about a fund's investment goals, sales charges, expenses and risk considerations. Please read the prospectus carefully before you invest in any of our mutual funds.

Fund Performance: Investment return and principal value for our Mutual Funds will fluctuate with market conditions, and you may have a gain or loss when you sell your units. Past performance does not guarantee future results. Mutual funds, Portfolio Management and other investment products are not insured; are not deposits or obligations of, or guaranteed by, any financial institution; and are subject to risks, including possible loss of the principal amount invested.

Investment Risks: All of the funds are subject to certain risks. Generally, investments offering potential for higher returns are accompanied by a higher degree of risk.

Stocks and other equities representing an ownership interest in a corporation have historically outperformed other asset classes over the long term but tend to fluctuate more dramatically over the shorter term. Bonds, and other debt obligations, are affected by the creditworthiness of their issuers and changes in interest rates, with prices often declining as interest rates increase. High yield, lower rated ("junk") bonds generally have greater price swings and higher default risks. Foreign investing, especially in developing countries, has additional risks such as currency, market volatility, and political and social instability.

These risks, and other risks that particular funds may be subject to, such as specialized industry sectors or use of complex securities, are discussed in each fund's prospectus, brochures and other marketing materials.

Privacy policy: For individual unit-holders of IDLC AML managed Mutual Funds, please see our “Privacy Policy” for a summary of the non-public personal information that we may collect and maintain about current or former investors; our policy regarding the use of that information; and the measures we take to safeguard the information.

Personal Information Transmission: Your use of the website may involve the transmission of information, including personally identifiable data, about you. You consent to the transmission of such information by electronic means through the Internet and represent that such consent shall be effective each time you use the website.

Unsolicited communications: We welcome your feedback and may use it to improve the website. Should you provide unsolicited ideas, or material of any kind ("Communications") and we use it to develop or market products, services, content, tools or information, you agree that we can do so without compensating you. By providing us with such Communications, you represent to us that you own all rights to it.

Technically this means that you hereby grant IDLC Asset Management Company a perpetual, worldwide, royalty-free, irrevocable license to edit, reproduce, disclose, transmit, publish, broadcast, or post your Communications either on the website or elsewhere with no liability or obligation to you. IDLC Asset Management Company is free to use any ideas, concepts, know-how, or techniques obtained in your unsolicited Communications for any purpose including, but not limited to, developing and marketing products. Unless we state otherwise on the website or in our “Privacy Policy” any Communications that you email or otherwise transmit through the website can be treated by us as non-confidential and nonproprietary.

Usage monitoring: We reserve the right, but do not have the obligation, to access, archive, or monitor any use of this website or your use of this website and your communications. By using the website, you accept our right to access, archive, or monitor usage to ensure service quality, or to evaluate the website, the security of the website, compliance with these “Terms & Conditions”, or for any other reason. You agree that our monitoring activities will not entitle you to any cause of action or other right with respect to the manner in which we monitor your website usage and enforce, or fail to enforce, these “Terms & Conditions”. You further agree that in no event will IDLC Asset Management Limited be liable for any damages incurred by you as a result of our usage monitoring.

Copyright, Trademark and other Intellectual Property Rights
You acknowledge that this website is protected by applicable copyrights, trademarks, trade secrets, patents, proprietary rights and other intellectual property laws, and that these worldwide rights are valid and protected in all forms, media, and technologies existing now or developed in the future. Accordingly, you may not copy, distribute, modify, post or frame-in the website, including any text, graphics, video, audio, software code, user interface design or logos, except as explicitly authorized below or by us in writing.

Permitted uses: IDLC Asset Management Limited grants you a non-exclusive, personal, non-transferable, non-sublicensable, limited and revocable right to access, use and display this website on any computers or other electronic display device of which you are a user, for your personal and non-commercial use only. You agree to use this website only for lawful purposes, for the Permitted Uses, and not for the Prohibited Uses. No other use of the website is authorized unless you and we have agreed otherwise in writing.

You may print copies of the website's Content, provided that these copies are made only for the Permitted Uses and that you include any notices and any legal information contained in the website Content, such as all copyright notices, trademark legends, or other proprietary rights notices as well as all legal caveats furnished in the footnotes. Limited linking to the website is permitted if done in full compliance with all applicable laws, these Terms and Conditions, our Linking Policy and our Logo Use Policy.

Prohibited uses: You are prohibited from any use of the Site that would give rise to liability or otherwise violate any applicable laws or regulations or the “Terms and Conditions”. You may not publicly perform, publicly display, transmit, publish, participate in the sale or transfer of, modify, or create derivative works based on anything available through the website, in whole or in part. You shall not store electronically any significant portion of any part of the website. No reverse engineering, linking, framing, or modification of any part of this website is allowed without our written approval. Any modification or unauthorized use is a violation of IDLC AML’s copyrights and other proprietary rights.

Trademarks and copyrights: Our trademarks as well as other company product and service names and logos used and displayed on this website may be trademarks or service marks owned by others. Nothing on this website should be construed as granting any license or right to use any of the IDLC AML Trademarks or other trademarks displayed on this website without the prior written permission in each instance of IDLC AML and / or the owner(s) of such other trademarks. All goodwill generated from the use of the IDLC AML Trademarks on any website will inure to our benefit.

The website also contains text, software, graphics, images, and other material protected by copyrights or other proprietary rights and laws, owned by IDLC AML or its licensors. Any use of such Proprietary Material other than as permitted herein is expressly prohibited without the prior permission of IDLC AML and/or the relevant rights holder in writing.

Copyright Policy and Claims Procedure: We reserve the right to remove from our website, any content that is alleged to infringe someone's copyright.

IDLC Asset Management Limited Linking and Logo Use Policies. Use of IDLC AML logos or creating hyperlinks to our website is prohibited unless authorized by us in writing. You may, however, create a link to our website that includes our logo as long as you accept and follow our Policy and such link, including logo, is for your personal and non-commercial use (unless we have agreed to other terms in writing).

We are granting a limited, revocable, nonexclusive and nonexclusive right to create a hyperlink to this website under these policies, and we may revise the Linking or the Logo Use Policies, or withdraw these permissions or your permission at any time, without prior notice.

Third Party Content Providers, Websites, Referrals and Disclaimers
Conditions may apply to third party content: Some of the products, services, content, including advertisements, tools, and information available through the website may be provided by companies that are not affiliated with IDLC Asset Management Limited ("Third Party Content") and their source is clearly identified. In some cases, the Third Party Content may be framed-in on the IDLC ML website or available through a link to a third party site. In the case of Third Party Content, there may be additional restrictions that apply to its use. You should be careful to examine them (for example, in accompanying statements or caveats or their posted terms of use) because they may be more restrictive than the restrictions IDLC AML imposes on our own, proprietary website Content. Third Party Content providers may have reserved a right to modify the restrictions they impose on use of their content without notice. As with our website's Terms & Conditions, use of Third Party Content after a change in the posted restrictions relating to that content will constitute acceptance of those changes.

Not responsible for Third Party Content, referrals or links to third parties or third party sites: For informational or educational purposes, or as a service and convenience to you, this website may provide referral information, Third Party Content or live links to a regulatory agency, non-profit organization, or other unaffiliated third party and their websites, including companies that have a relationship with IDLC AML.

Our decision to provide referral information to a third party or to pass on an offer made by a third party vendor or to provide a link from our website to a third party site is not an endorsement of the third party, their products or services, or their website accessed through any such links. While we would generally only provide such information from, or links to, sources considered reliable, we do not have the resources to conduct independent investigations and accordingly we make no representations or warranties as to third party products, services, content, tools and information, and do not guarantee their accuracy, timeliness, completeness or usefulness. We advise and encourage you to do your own research. You will use Third Party Content only at your own risk.

Although Third Party Content may be displayed, framed-in or provided in a pop-up box on the website, or available through a live link from our website to a third party site, IDLC AML does not prepare, edit, guarantee or endorse Third Party Content. By clicking on a link from our website to any third party site, you will leave this website (even if, for your convenience, a second browser window is opened). When viewing Third Party Content through such a link, keep in mind that the third party's site terms and conditions, privacy and security policies, or other legal information may be different from those of IDLC AML's website. We are not liable for any direct or indirect technical or system issues, consequences, or damages arising from your use of any third party website.

You are responsible for your connectivity. You agree that you are responsible for the means you use to access the website and understand that your hardware, software, the Internet, your Internet Service Provider and other third parties involved in connecting you to our website may not perform as intended or desired.

Not responsible for third party damages. IDLC AML also disclaims responsibility for damages third parties may cause to you through the use of this website, whether intentional or unintentional. For example, you understand that hackers could breach our security procedures and that IDLC AML will not be responsible for any related damages.

No reliance on Data: Reasonable precautions have been taken to ensure that the Website Content, including account information and pricing data, are complete and accurate. However, due to the nature of information delivery technology and the necessity of using multiple data sources, including Third Party Content, we are unable to assure the accuracy of the data you access through this website. Website Content is presented only as of the date published or indicated and may be superseded by subsequent market events or other reasons. IDLC AML has no duty to update this website or any website Content. We shall not be liable to you or any third party for any damages arising from any actions or investment decisions taken by you based on the accuracy of the data presented through this website.

Cautions about future or "forward-looking" statements: Speculation or stated beliefs about future events, such as market and economic conditions, company or security performance, upcoming product offerings or other projections are "forward-looking statements" and involve risks and uncertainties. General business, market, economic and political conditions could cause actual results to differ materially from what we presently anticipate or project.

Internet email. We discourage you from using e-mail for sending confidential or sensitive information. If you send e-mail (encrypted or not) to us over the Internet, you are accepting the associated risks of lack of confidentiality.

As a condition of your use of the website, you agree to make the IDLC AML Parties and their third party providers whole for any and all claims, losses, liabilities and expenses (including but not limited to attorneys' fees) arising from any use of the website or your violation of the Terms and Conditions.

Governing Law, Forum, Severability and Miscellaneous Failure by IDLC AML to enforce any provision(s) of these Terms and Conditions shall not be construed as a waiver of any provision or right. This website is controlled and operated by IDLC AML from its Head office in Dhaka; the laws of Bangladesh govern these Terms and Conditions. If any provision of the Terms & Conditions is deemed unlawful, void, or for any reason unenforceable, the remaining provisions shall be enforced to the fullest extent possible and the remaining provisions shall remain in full force and effect.

You shall comply with all laws, rules and regulations by any governmental authority or agency which govern or apply to the operation and use of the website. Without limiting the foregoing, you agree to comply with such restrictions and not to export or re-export any of the website to countries or persons prohibited under the laws of Bangladesh. These Terms and Conditions inure to the benefit of IDLC AML, its successors and assigns; you may not assign the Terms and Conditions. No waiver shall be effective unless in writing; all rights not expressly granted herein are reserved by IDLC AML.

You acknowledge and agree that IDLC AML may restrict, suspend or terminate the Terms and Conditions or your access to, and use, of all or any part of the website, including any links to third-party sites, at any time, with or without cause, including but not limited to any breach of the Terms and Conditions, in IDLC AML's absolute discretion and without prior notice or liability. The relevant version of the Terms & Conditions shall continue to apply to all prior use of the website. The following paragraphs of this Terms & Conditions shall survive termination of your use or access to the website: paragraphs concerning Indemnification, Disclaimers, Limitations of Liability, Termination and General Provisions, and any other provision that by its terms survives termination of your use of or access to the website.