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Important Information

Legal Information and terms of use for website

Legal information

This website (hereinafter the "Website") is published by AXA Investment Managers ("AXA IM"), a "société anonyme" incorporated under the laws of France, registered with the Corporate and Trade Registry of Nanterre under the number 393 051 826 RCS Nanterre, with its registered office located at Tour Majunga - La Défense 9 - 6, place de la pyramide - 92800 Puteaux, France.

AXA IM can be contacted as follows:

  • by mail: Tour Majunga - La Défense 9 - 6, place de la pyramide - 92800 Puteaux, France, or
  • by phone: +33 1 44 45 70 00, or
  • by e-mail:


Head of publication: Joseph PINTO, Global COO

This Website is hosted by AXA Investment Managers Paris, a "société anonyme" incorporated under the laws of France with its registered office located at Tour Majunga - La Défense 9 - 6, place de la pyramide - 92800 Puteaux, France.

Terms of use

The purpose of this Website is to provide corporate information about AXA IM and its subsidiaries (hereinafter the "AXA IM Group").

For information on products and services offered by the AXA IM Group, please visit the following websites. WARNING: by clicking on the links below you will leave this Website and any information which you access will be the sole responsibility of the site visited.

For Germany :

For Austria :

For Belgium :

For Spain :

For France:

For Italy :

For Luxembourg :

For the Netherlands :

For the United Kingdom :

For Switzerland :

For Portugal :

For Japan :

For Hong Kong :

For Australia :

For Denmark :

For Finland :

For Norway :

For the United States :

For the International :

Please note that in any case, subscription shall be based solely on such relevant documentation to be provided to the subscribers prior to their investment.

Any funds and securities referred to in the Website (except for those appearing at are not available for offer in the United States or to U.S. persons (as defined in Regulation S under the Securities Act of 1933). If you are a U.S. person, please visit our USA website at

Accepting the terms of use of the Website

These terms of use apply to your use of this Website and it is therefore important that you read them carefully.

Any person who accesses and uses this Website shall be deemed as agreeing to these terms of use, in the version in force at the time the site is used.If you have any questions on these terms of use, please contact us (see contact details above).

The use of certain sections of this Website may be subject to further special terms of use, which are indicated on the pages concerned. These special terms are an integral part of the terms of use of this Website.

When you use this Website, you also accept that such use and any information on the Website will be governed by French law and that any dispute arising out of or in connection with the use of this Website or the information on it will be submitted to the exclusive jurisdiction of the French courts.

Information given for purely informative purposes

All data and information featured on this Website are provided by AXA IM for purely informative purposes. Such data and information do not represent, or be construed as representing, a solicitation, an offer, or a recommendation by AXA IM to buy or sell an investment or to take part in any other transaction. It cannot either be construed as an investment advice from AXA IM or any other affiliated companies and has no legal or contractual value.

Some sections of this Website contain information, studies, analyses and comments on investment strategies, financial markets, economic trends, etc. This information is aimed solely at professionals and is not aimed at individuals.

This information has been obtained from reputably reliable sources, but there can be no guarantees over its accuracy.

More generally, despite the efforts made by AXA IM to gather and confirm all information, AXA IM cannot give any representation, warranty or undertaking of any nature, whether express or implied, as to the accuracy, up-to-date character, completeness or in general terms the quality or reliability of the information available on the Website. This information may be withdrawn or amended at any time without notice.

In this respect, AXA IM cannot be held liable towards the user, so far as this is permitted under French law, for any direct or indirect consequences arising out of or in connection with the use of such information.

Personal data protection

Personal data protection and cookies – Use of cookies by AXA Investment Managers

This website uses cookies to collect certain anonymous information when you visit our website (such as to measure and analyse information with respect to visits to our website, and use of our social media sharing tool). By pursuing your navigation on the website, you accept the use and installation of these cookies. We allow third-party companies, including LinkedIn, AddThis and Digital Analytix (a service of Comscore), to collect certain anonymous information when you visit our website. This non personally identifiable information is stored for up to 5 years. We use this information to increase the efficiency of our website. To that effect we use your IP-address (and possibly other comparable numbers which are exchanged between computers during regular internet use) to collect, among others, traffic data and data regarding your browser type and computer. These companies may use non-personally identifiable information during your visits to this and other websites in order to provide advertisements about goods and services likely to be of greater interest to you. These companies typically use a cookie or a third party web beacon to collect this information. To learn more about this behavioral advertising practice, you can visit

You may oppose the registration of cookies by setting your browser in the following manner:

Mozilla Firefox 3.0 and newer :

  1. Choose the menu « Tool » and then « Options »
  2. Click on « Privacy »
  3. Locate the menu "Cookie" and select the option that fits you


Microsoft Internet Explorer 7 and newer:

  1. Choose the menu « Tool » and then « Internet Options »
  2. Click on « Confidentiality »
  3. Select the appropriate level or click on « Advanced »


Google Chrome 10 and newer:

  1. Click the "Spanner" icon in the top right of the browser window:
  2. Click Options...
  3. On the left side of the browser window click "Under the Hood"
  4. In the section titled "Privacy" click the button "Content settings..."


Safari 4.0 and newer :

  1. Click on the "Cog" icon in Safari
  2. Click «Preferences…»
  3. Change to the "Security" tab.



  1. Choose the menu «&File» and then «Preferences»
  2. Click on «&Privacy»


AXA IM is responsible for processing and storing this information. This information will be stored by AXA IM for no longer than one year.

This information may be disclosed to other companies of the AXA IM Group.

When handling this information, AXA IM undertakes to comply with the laws on data protection, and more generally on privacy protection, that are in force in France.

As a user of this Website you have the right to access and to correct any personal information held about you by writing to

Hypertext links/Use of links

No hypertext link to this Website may be set up without the prior written consent of AXA IM. This condition applies regardless of the type of link used.

AXA IM may authorise some links to exist between this Website and other third party sites that are beyond its control. By permitting such links however, AXA IM makes no representation as to the accuracy, completeness, timeliness or suitability of the informationon the third party sites and does not accept any responsibility with regards to the content, services, products or materials offered on these sites.

Intellectual property/copyright and trademarks

This Website is protected by French laws and international agreements on intellectual property.

All intellectual and other property information contained in this Website shall continue to be held by the AXA IM Group and no rights of any kind in it shall pass to the users.

The reproduction, representation, distribution (by electronic or any other means), amendment, or use of all or part of the form or content of this Website, through any medium, for public or commercial use, is therefore strictly forbidden, unless AXA IM has given its prior written consent.

 You may however copy pages and/or sections of this Website for your own private use only, provided that you do not remove any copyright or other notices relating to intellectual property. None of these elements or information may be resold or redistributed in any way.

The name "AXA Investment Managers" and all associated logos are trademarks that have been registered by AXA IM or its affiliated companies. The reproduction, removal, reuse or modification in any way of the distinctive signs found on the pages of this Website is forbidden.

Non-liability of AXA IM for usage of the Website

Users are solely responsible for any consequences of access to this website and use of any content found herein.

As a consequence, neither AXA IM, nor any of its affiliates, directors, officers or employees can be held responsible for any direct or indirect damage arising out of or in connection with such access or use, in particular but not limited to any damage caused by the interruption, withdrawal or malfunctions of the Website, in particular in the event of maintenance or restoration of the servers, a technical fault of the servers, overloading of the network, a cut in the telephone line, error, negligence or fault of the internet access providers, of a third party or of clients, or an internet-borne virus.

In addition, users of this Website agree that the Internet is not a secure medium for communication of information and that AXA IM will not be responsible for any loss or damage that could result from interception by third parties of any information made available through this Website.


March 2016