Please carefully read the Terms and Conditions of Use (the "Terms"). Your access to or use of Acadian’s website signifies that you understand and agree to be bound by the Terms. If you do not agree to be bound by or comply with these Terms, do not access or use our website. Acadian reserves the right, in our sole discretion, to change, modify, add or remove Terms or portions thereof at any time. Any changes, modifications, or additions to, or deletions from the Terms shall be effective upon posting on this website. If you use this website after we post changes to the Terms, you accept the Terms as changed. This website is owned and operated by Acadian Asset Management LLC (“Acadian”), an affiliate of Old Mutual Asset Managers (US) Limited. Acadian is a Delaware limited liability company, located in Boston, Massachusetts, United States of America, registered with the U.S. Securities and Exchange Commission as an investment adviser pursuant to the Investment Advisers Act of 1940 (Registration with the U.S. Securities and Exchange Commission does not imply that an adviser has attained a particular level of skill or training). Acadian Asset Management LLC has two wholly-owned subsidiaries and a joint venture partnership. The two wholly-owned subsidiaries are Acadian Asset Management (Singapore) Pte Ltd (Registration Number: 199902125D), an investment manager authorized by the Monetary Authority of Singapore, and Acadian Asset Management (UK) Limited, an investment manager authorized and regulated by the Financial Conduct Authority (the “FCA”) and a limited liability company incorporated in England and Wales with company number 05644066. Acadian UK has passported the FCA authorization into each European country recognizing the passporting process. Acadian Asset Management (Australia) Limited, is an investment manager registered with the Australian Securities and Investment Commission and is a joint venture partnership of Acadian and Colonial First State Investments. INTENDED AUDIENCE AND PURPOSE The information provided on our website is not intended for distribution to, or use by, any person or entity in any jurisdiction or country where such distribution or use would be contrary to law or regulation, or which would subject Acadian, its wholly-owned affiliates, joint venture, or any of its products to any registration requirement within such jurisdiction or country. Acadian assumes no responsibility for access to this website by any person located within a country or jurisdiction where such access would be contrary to any law or regulation in that country. Our website and its contents is for informational purposes only and does not constitute an offer to sell or a solicitation of an offer to buy any security that may be referenced on or through our website. Further, our website and its contents does not constitute an offering or recommendation by Acadian or its wholly-owned affiliates or joint venture of any transaction, product or service, including securities transactions and investment management or advisory services. Acadian does not provide investment advice, tax advice, or legal advice through this website, and you agree that this website will not be used by you for such purposes. The information provided on our website is intended for institutional investors and Professional Clients and Eligible Counterparties as defined by the FSA under the Markets in Financial Instruments Directive. It is not intended for retail investors. USE LIMITATIONS All copyrights, trademarks, logos, service marks, trade names, or other intellectual property displayed on, or used in conjunction with, this website are proprietary to Acadian, unless otherwise noted. The content of this website is protected by applicable intellectual property (copyright) law. Acadian reserves all rights with respect to intellectual property ownership of all material on this website, and will enforce such rights to the full extent permissible by law. The material accessible on or through this website is accessible for personal browsing and printing purposes only. Users of this website may not otherwise: (1) copy, reproduce, sell, republish, post, transmit (by electronic means or otherwise), modify, link into, use for any public or commercial purpose or distribute in any way material from this website without the express, written permission of Acadian; (2) use, copy, modify, or display any Acadian name, Acadian employee name, logo, text or graphic image without Acadian's express, written permission; (3) display any of the pages, text, images or other content of this website in any manner without Acadian's express written permission; (4) modify or use the pages, text, images, papers, or other content from this website for any purpose other than browsing or printing for personal, non-commercial use; or (5) take any action to create an impression of affiliation, sponsorship or endorsement between any user and/or website and Acadian. PRIVACY We will not request and you should not send personal identification information such as a social security or passport number, bank or other investment account numbers, or any other specific personal financial information through our website. However, Acadian may collect information about you when you access the website if you voluntarily choose to send Acadian electronic mail, request information, or ask to be contacted. Acadian may use this information to provide you with updated information about the products and services we offer. Certain employees of Acadian and our wholly-owned affiliates or joint venture may be given the information you provide to respond to your requests. Employees of Acadian and its affiliates are instructed to handle any information you provide confidentially. Our website uses "cookies" and "web beacons" (such as Google Analytics) to collect, store and aggregate data about usage and browsing patterns. We use cookies and web beacons for session management and to analyze site usage; we do not use cookies and web beacons to store any personally identifiable information about you. A "cookie" is a small text file containing a random and unique alphanumeric identifier that we transfer to your computer's hard drive through your web browser (unless you set your browser to reject cookies) that enables our systems to recognize your browser. A "web beacon" (also known as a "page tag," "data tag" or "image tag") is a mechanism by which a small section of code that is embedded in our website pages allows us to check that a user has viewed the page. These technologies can help us analyze and better understand how our website is being used and improve the user experience. DISCLAIMER Acadian does not warrant this website for any particular purpose. It is provided "as is" and on an "as available" basis. Acadian disclaims, to the fullest extent of the law, any warranty of any kind, whether express or implied, as to any matter relating to this website, including without limitation the implied warranties of merchantability, fitness for a particular purpose, and non-infringement. Use of this website is at your own risk. All content on this website is presented as of the date published or indicated. It may not reflect current opinions or events. Although the information and data provided to you on this website is obtained or compiled from sources believed to be reliable, Acadian cannot and does not guarantee the accuracy, validity, timeliness or completeness of any information, data or opinions made available to you for any particular purpose. This website may include forward-looking statements, which are based on current opinions, expectations and projections. Acadian expressly disclaims any duty to update or revise any information, opinion or forward-looking statement appearing on this website. Decisions based on information contained on this website are solely your responsibility. In no event will Acadian be liable for any decision made, action or inaction taken by you in reliance on any information or data on our website and under no circumstances is any information available on our website to be construed as investment advice or recommendations. Acadian does not warrant that our website, or the functions contained in our website, will be uninterrupted or error-free, that defects will be corrected, or that our website, or the servers that make it available, are free from viruses or other harmful components. You assume the entire cost of any necessary servicing, repairing, or correcting of your property or operations as a result of using our website. You accept at your own risk that the Internet or other online communications medium may not perform as intended as a result of human, mechanical or other error, despite the efforts of Acadian, you or any third party. You hereby agree to indemnify, defend and hold harmless Acadian and its wholly-owned affiliates joint venture, and their directors, officers, employees and agents, from and against any and all claims, liabilities, damages, losses or expenses (including reasonable attorneys' fees and expenses) arising out of or in any way connected with your access to or use of our website.