Important information
This site is designed for Professional Investors. We define "Professional Investors" as those who have the appropriate expertise and knowledge e.g. asset managers, distributors and financial intermediaries. You should not use this site if you do not fall within this category.
Schroder Investment Management (Europe) S.A. is the management company (the "Management Company") of Schroder Alternative Solutions ("Schroder AS"), Schroder International Selection Fund ("Schroder ISF"), Schroder Global Alternative Investor Access ("Schroder GAIA") and Schroder Special Situations Fund ("Schroder SSF") (each a "Company" and collectively referred to as the "Companies").
The Companies are umbrella structured open-ended investment companies organised as "société anonyme" under the laws of the Grand Duchy of Luxembourg and qualifies as a Société d'Investissement a Capital Variable. Schroder ISF, Schroder GAIA and Schroder SSF qualify as SICAVs under Part I of the law of 17 December 2010 regarding undertaking for collective investment. Schroder AS is regulated by the provisions of Part II of the law of 17 December 2010 regarding undertaking for collective investment. The Companies operate sub-funds, each having a specific portfolio of assets and liabilities within the Companies, with its own net asset (the "Funds").The Management Company is subject to the requirements of the Management Company Directive 2010/43/EC, as implemented in Luxembourg.
The Management Company only gives information on its products and services and does not provide investment advice based on individual circumstances. If you are in any doubt about whether an investment is suitable, you should seek independent advice.
Please read this disclaimer below and agree to the terms before you can access the website.
Past performance is not a guide to future performance. The value of investments and the income from them may go down as well as up and investors may not get back the amount originally invested. Any past performance figures shown are not indicative of future performance. Exchange rate may vary and cause the value of international investments to rise or fall. The levels and reliefs from taxation may change. Tax reliefs referred to are those currently available and their value depends on the circumstances of the individual investor. Investment in emerging markets involves a high degree of risk. Investment in any Fund mentioned herein should not be made without careful reference to the relevant prospectus. The information contained in these pages does not form part of any contract, nor can you rely on it for any contractual purpose.
The information contained on this site is not an invitation to subscribe. Subscriptions will only be received and shares issued on the basis of a Fund's current prospectus and the latest audited annual report. Copies of each Fund's current prospectus and the latest audited annual report may be obtained from the Management Company or your Schroders branch office.
Disclaimer of Warranty and Limitation of Liability.
The Management Company believes that the provided information is accurate as at the date of publication but no warranty of accuracy is given and no liability in respect of any error or omission by a third party is accepted by the Management Company or its affiliates or any director or employee of the Management Company or its affiliates.
In the event of any provision of these Terms and Conditions being deemed unenforceable, the remaining terms and provisions shall be unimpaired and the unenforceable term or provision shall be replaced by an enforceable term or provision that comes closest to the intention underlying the unenforceable term or provision.
The Management Company may modify these Terms and Conditions at any time, with immediate effect and without prior notice.
Privacy
The Management Company is as concerned as you are about the privacy of any personal information you may provide to us through this site. When you visit this site, you are not required to provide us with any personal information other than your country of residence, unless you choose to do so. Our web server will not recognize your domain name or e-mail address, only your indicated country of residence.
Schroders' web sites use "cookies" for collecting user information from certain pages of the web sites. By "cookie" we mean the small text file that is stored on the hard disk of a computer by the web browser on a computer. It contains information sent by the web server of the web site that a user has visited. A cookie identifies users and can store information about them and their use of a site. Schroders uses cookies to keep track of user activity and to store a user's username and password to allow the user access to some of its protected web sites. The information derived from cookies enables Schroders to identify which areas of the web site are more interesting so that we can improve our web sites and the information we provide to users. The cookies that Schroders uses to store user name and passwords are encrypted and cannot be read. A user can choose not to accept certain cookies by turning this feature 'off' within the browser settings, however doing this may detract from 'user experience' of certain web sites or even prevent access to some of our websites.
Use of Links
This website (the "Website") may contain links to websites published by third parties. Links to this Website may also be included on third party websites. The Management Company has not reviewed any of the third party website which link to the Website or to which the Website links. It is not responsible for the content to be found directly or indirectly on any third-party website nor does it endorse or recommend the products and services presented on any such third-party website. Following links to any third-party website or pages shall be at your own risk.
The Website and the information or other material contained in it are not directed to, or intended for distribution to, or use by, any person or entity who is a citizen or resident of, or incorporated or located in any jurisdiction where such distribution, publication, availability or use would be contrary to local laws or regulations, or where the Management Company would infringe any registration or licensing requirement within such jurisdiction.
Electronic Mail Function
The possibility to communicate by e-mail between you and the Management Company is only a convenience granted by the Management Company. You acknowledge the limitations on the reliability of delivery, timeliness and security of internet e-mail and understand that the Management Company will not be responsible for any loss or damage that could result from your requests not being accepted, confirmed or processed or as a result of your e-mails being intercepted by third parties. As a result of these concerns, you should not send sensitive information by e-mail, which may not be secure. If you do so, you do it at your own risk.
Intellectual Property Rights
The information and materials contained in the Website are protected by intellectual property rights, which are owned or claimed by the Management Company, its affiliated entities or third parties. The information and materials may be displayed and printed exclusively for your personal, non-commercial use, provided that you do not remove any intellectual property right or other notices therein. You agree not to transmit, reproduce or sell the information and materials contained in this Website in whatever form and by whatever means without the express prior written consent of the Management Company.
Applicable Law and Jurisdiction
Your access to, visit to and use of the Website, and the present Terms and Conditions are governed by and shall be construed in accordance with Luxembourg law. The Courts of Luxembourg shall have exclusive jurisdiction over any dispute relating thereto, without prejudice to the choice of the Management Company for having any other court jurisdiction over such a dispute under any applicable law.
MSCI Disclaimer:
Source: MSCI
The information obtained from MSCI and other data providers, included in reports available from this website, may only be used for your internal use, may not be reproduced or re-disseminated in any form and may not be used to create any financial instruments or products or any indices. The MSCI information and that of other data providers is provided on an 'as is' basis and the user of this information assumes the entire risk of any use made of this information. MSCI, each of its affiliates and each other person involved in or related to compiling or creating any MSCI information (collectively, the "MSCI Parties") and other data providers, expressly disclaim 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 MSCI Party or other data provider have any liability for any direct, indirect, special, incidental, punitive, consequential (including, without limitation, lost profits) or any other damages.
Information on Schroder Investment Management (Europe) S.A., German Branch
Schroder Investment Management (Europe) S.A., German Branch is a branch of a Luxembourg public limited company with its registered office in Frankfurt am Main.
The purpose of the Company:
- broker the conclusion of and providing evidence of the opportunity to conclude contracts for the acquisition of foreign investment units,
- market the same
- and portfolio management.
Commercial Register:
Frankfurt am Main District Court HRB 115301
Branch manager:
Alexander Prawitz (Chairman), Tanja Engel
Tax number:
DE326205207
Name and registered office of the company:
Schroder Investment Management (Europe) S.A., German Branch, Frankfurt am Main
Postal address & Contact details:
Taunustor 1 (TaunusTurm)
60310 Frankfurt
Tel: + 49 69 97 57 17 0
Fax: + 49 69 97 57 17 302
Email: invest@schroders.com
Head office
Schroder Investment Management (Europe) S.A.
Company’s registered office:
5, rue Hohenhof, 1736 Senningerberg, Luxembourg
Commercial Register:
B37799, Registre de Commerce et des Sociétés, Luxembourg
Board of Management:
Finbarr Browne (Chairman of the Board), Vanessa Grüneklee, Mike Summers, Cecilia Vernerson, Nirosha Jayawardana
Competent supervisory authorities:
The competent supervisory authority in Germany is the Federal Financial
Supervisory Authority (BaFin), Graurheindorfer Straße 108, 53117 Bonn
and Marie-Curie-Straße 24-28, 60439 Frankfurt am Main (Internet: www.bafin.de).
The competent supervisory authority in Luxembourg is the Luxembourg supervisory authority CSSF, 283, route d’Arlon, L-1150 Luxembourg (Internet: www.cssf.lu).
Information on dealing with conflicts of interest
In accordance with statutory requirements, we are providing you with information below about our extensive precautions for dealing with possible conflicts of interest. In doing so, we are also referring to our business relationships with Schroder Investment Management (Europe) S.A. and Schroder Investment Management Ltd (hereinafter referred to together with Schroder Investment Management (Europe) S.A., German Branch as “Schroders”).
Principles
Schroder Investment Management (Europe) S.A., German Branch is committed to maintaining the highest standards of ethical conduct in the provision of the above services to our clients. Clients' interests are paramount and Schroders’ policies and procedures for dealing with conflicts of interest that may arise are designed to ensure that these interests are appropriately considered.
Objectives
To meet these requirements and protect our client relationships, Schroders has for many years had in place business policies and procedures that set out how employees can identify, carefully consider and take action to manage potential conflicts of interest. All Schroders employees are required to comply with these procedures. They must also not violate the procedures indirectly.
Schroders will endeavour to ensure that potential conflicts are identified and managed appropriately and efficiently. The aim is to avoid conflicts, for example by erecting information barriers (Chinese walls) to prevent the dissemination of information that could give rise to conflicts of interest, acting independently to an appropriate extent or, where conflicts of interest cannot be avoided, disclosing a conflict to the client appropriately.
Identifying potential conflicts of interest
Conflicts of interest may arise between you and Schroder Investment Management (Europe) S.A., German Branch, other companies in our group, our management, our employees and other persons under contract with us, or between our clients.
In particular, conflicts of interest may arise:
- when marketing of investment units from Schroders’ own turnover interest in the sale of financial instruments;
- when receiving benefits from or to third parties in connection with investment services provided to you;
- where remuneration is dependent on the number of securities transactions or in the case of performance-related remuneration to Schroders;
- through performance-related remuneration of employees and intermediaries;
- through the granting of benefits to our employees or brokers; or
- from other Schroders Group businesses, such as the distribution of in-house investment funds.
The preceding list of examples where a potential conflict of interest may arise is not exhaustive.
Measures to avoid conflicts of interest
An independent compliance department operates in our company under the direct responsibility of the Executive Board, which is tasked with monitoring the identification, avoidance and management of conflicts of interest by the business areas. We take the following specific measures:
- We establish business policies and procedures to ensure all clients are treated fairly/equally;
- We lay down rules on the acceptance of benefits and disclosure of the acceptance and granting of benefits;
- We create confidentiality areas through the erection of information barriers, separation of responsibilities and/or physical segregation of spaces;
- Employees disclose securities transactions to the Compliance Office if a conflict of interest arises in the course of their activities;
- Training of our employees.
Measures to deal with conflicts of interest
Schroders has determined that potential conflicts of interest, which we may not be able to resolve, may arise in the following situations: We may receive benefits from fund companies in the course of broking and marketing investment units. These may include turnover-related benefits paid to us by the fund companies from the management fees they collect. These payments or benefits are collected to provide efficient and high-quality infrastructure for the acquisition and sale of financial instruments. We receive benefits such as training from other service providers in connection with our business. The receipt of such benefits is not directly related to the services provided to you. We use these benefits to provide and continuously improve our services at the high quality levels you expect. In this context, conflicts of interest may arise which we cannot exclude in all cases. Conflicts of interest that cannot be avoided or fully resolved will be disclosed to the clients involved in the transaction before a transaction is concluded or advice is given.
We will be happy to provide detailed information on the above principles upon request.
Information about benefits
Within the scope of its brokerage activities, Schroder Investment Management (Europe) S.A., German Branch receives from SIM Ltd. benefits in the form of a share of the net income received by SIM Ltd. from transactions brokered by Schroder Investment Management (Europe) S.A., German Branch.
For the marketing services provided to SIM Europe, SIM Ltd. receives as benefits a share of the net income received from fund units in respect of which Schroder Investment Management Ltd. has provided services, depending on the asset class and investment sector.
We also receive gratuitous benefits such as training from SIM Ltd. in connection with our business activities.