Terms and Conditions
This website (“pgim.com”) may only be accessed by institutional investors and the Content contained herein should not be relied upon by any other types of investors.
The following terms and conditions govern your use of this website.
By clicking the box in order to access this website and Content, you:
expressly acknowledge that you have read and understood the Terms and Conditions;
agree to abide by the Terms and Conditions, which form an agreement between us and are legally binding and govern each access or use of this website;
represent, warrant and undertake that the jurisdiction or region you have selected is the applicable jurisdiction for the intended activities;
confirm that you are accessing the website on behalf of a legal entity and not as an individual and you are legally entitled to view this website, meet the requirements set forth in the Terms and Conditions and are not located in any jurisdiction or region where access or use is illegal;
represent, warrant and undertake, if applicable, that you are authorised to accept these Terms and Conditions and use or access (or attempt to use or access) this website on behalf of your employer, your client, or both, and that in doing so you are acting within the scope of your duties and, at all times, on behalf of your employer, your client or both and that you shall not in any circumstances use or rely on any information displayed on this website for your own personal use;
understand that the information on this website is not a promotion or advice and you will not treat it as such;
confirm that you are accessing this website pursuant to your own initiative;
confirm that you are an institutional investor under the laws of your jurisdiction or region; and
confirm that you are accessing this website in compliance with the laws and regulations of the jurisdiction or region you have selected, and all other applicable laws, rules and regulations.
If you do not agree with these terms and conditions, you should immediately cease use of this website and Content.
This website presents information and Content that is owned or licensed by The Prudential Insurance Company of America, its parents, subsidiaries and affiliates, one of which is PGIM, Inc. (“PGIM”). When used in these Terms and Conditions, “we” and “our” mean PGIM and “you” and “your” refers to any individual, company, or legal entity that accesses or otherwise uses this website.
Access to this website
In order to access this website, you have been asked to select the jurisdiction or region which is applicable for the intended activities. Your selection will be used to determine the information that you will be able to access on this website. You hereby represent and warrant to PGIM that the information that you have provided is true, accurate and complete and you undertake to notify us of any change to such information. Failure to provide us with accurate information will be treated as a material breach of these Terms and Conditions. You must not attempt to gain access to areas of this website other than those made available to users in the jurisdiction or region you selected. If the jurisdiction or region you should select changes, you must access this website selecting your new jurisdiction or region. You should be aware that this may result in you not being able to access (a) information in relation to the same products or services as previously, or (b) any information at all. Please note that the fact of selecting a jurisdiction or region does not mean that all or any of the products or services in relation to which information is made available, have been deemed suitable for you.
When using this website you must comply with all applicable local, national and international laws and regulations including those related to data privacy, international communications and exportation of technical or personal data. It may be unlawful to access or download the Content contained on this website in certain countries and PGIM and its related entities disclaims all responsibility if you access or download any information from this website in breach of any law or regulation of the United States, the jurisdiction or region in which you are residing or domiciled or the jurisdiction or region from which you access the website.
If you are acting as a financial adviser or intermediary, you agree to access this website only for the purposes for which you are permitted to do so under applicable law. If you are acting as a financial adviser or intermediary and provide services to clients categorised as retail clients under the Markets and Financial Instruments Directive 2004/39/EC, you agree that you will not share with or provide to your retail clients any information available on this website that has not been approved for retail use and is not otherwise suitable for your retail clients.
PGIM reserves the right to suspend or withdraw access to any page(s) included on this website without notice at any time and accepts no liability if, for any reason, these pages are unavailable at any time or for any period.
The distribution of the Content on this website may be restricted by law in certain jurisdictions or regions. This website and the Content, are not addressed to any person domiciled in the territory of any jurisdiction or region where such distribution would be contrary to local law or regulation. The products or services are not available, and materials relating to them will not be distributed, to any person domiciled in any jurisdiction or region where such distribution would be contrary to local law or regulation.
These terms and conditions apply only to your use of this website and Content, and they do not apply to your use of any products or services otherwise offered by PGIM or its related entities. We may have established or will establish additional or different terms and conditions for certain products and services. In many instances, our products or services involve sophisticated financial instruments or investments that are regulated by governmental authorities. You agree to review all applicable terms and conditions relating to PGIM’s or its related entities’ products and services. In the event of any conflict between the terms and conditions on this website and such additional terms and conditions, the additional terms and conditions govern and control.
Further, if you have an agreement for investment advisory or other services with PGIM or its related entities, your relationship is governed by applicable agreements. In the event of any conflict between the terms and conditions on this website and such agreements, your agreements govern and control.
Do Not Rely on This Website for Your Financial Decisions
Access to Content on the website is provided to you upon your specific request.
The Content on this website is for convenience and information purposes only and may not contain all the elements that may be relevant for you to make an informed decision in relation to any strategies, products or services discussed herein. You should consult your financial and legal advisors, and independently verify all Content provided through this website before you make decisions. Nothing on this website constitutes, and nothing on this website should be construed as financial advice or as an offer, invitation, solicitation or recommendation to sell or buy any product or service and the website is not personalised or in any way tailored to reflect your particular investment objectives, financial situation or needs. Nothing contained on this website constitutes, and nothing on this website should be construed as rendering tax, legal, investment, or accounting advice. The posting of any prospectus or any other information on this website is not a recommendation or opinion for you to buy or sell any product or service or participate in any transaction.
It is strongly recommended that you seek professional investment advice before making any financial decision.
Ownership and Use of Content
All of the information and content on this website, including, but not limited to, all text, analyses, reports, articles, graphics, software applications, video and audio files and photos, trademarks, service marks and trade dress (“Content”) is owned or licensed by PGIM or a related entity. The PGIM logo and the Rock symbol are service marks of Prudential Financial, Inc. (“PFI”), and its related entities, registered in many jurisdictions.
PFI of the United States is not affiliated in any way with Prudential plc of the United Kingdom. Except when included in any authorized printouts of the Content, you are not authorized to make any other use of PFI’s marks including, but not limited to, as metatags or in any other fashion that may create a false or misleading impression of affiliation or sponsorship with or by PFI or any of its related entities. The Content is protected worldwide by applicable intellectual property laws. You may make and use printouts of the Content for your personal, non-commercial use only, provided that the printouts retain all copyright, trademark, and other proprietary notices. PGIM and its related entities reserve the right to terminate at any time your right to make personal copies of Content. You may not copy, transmit, distribute, modify, publicly perform, reuse, sell or display any of the Content for any public or commercial purpose except with the prior written consent of PGIM or the owners of the materials, which they may issue in their sole discretion. You may not use the Content in any other website or in a network computer environment, including framing the Content within another website. Except for the limited use rights expressly provided in this paragraph, all rights in Content are reserved.
PGIM or a related entity does not accept or consider unsolicited ideas, proposals or suggestions (collectively, “Ideas”), or materials concerning the Idea (“Materials”) including without limitation Ideas for new or improved products, processes or technologies, product enhancements, advertising and marketing campaigns, promotions or new product names. Please do not send any Ideas or Materials. The purpose of this policy is to avoid any potential misunderstanding or dispute when PGIM’s or its related entities’ products, services or marketing efforts might seem similar to Ideas or Materials submitted to PGIM. If, despite our request not to send us your Ideas or Materials, you still do, then regardless of what your communication states, the following terms shall apply to your submission.
Terms of Submission
You agree that:
Your submission does not create any contract, whether implied or express, between you and PGIM or any related entity.
Your Ideas and Materials, and all intellectual property associated therewith, will automatically become the property of PGIM and its related entities, without compensation to you.
PGIM or any related entity can use the Ideas and Materials for any purpose, in any way, and without attribution or compensation to you.
Any information you provide will be considered non-confidential.
Unsolicited Idea Submission Policy
All information, other than personal information subject to PGIM’s Internet Privacy Statement, submitted to PGIM through this website or any related PFI website is the property of PGIM. PGIM and its related entities are free to use any ideas, concepts, know-how or techniques that you may submit to PGIM through this website for any purpose, including but not limited to, improving our services. We are not subject to any obligations of confidentiality regarding any submitted information except as specified in PGIM’s Internet Privacy Statement, as set forth in any additional terms and conditions relating to specific products or services, or as otherwise specifically agreed or required by law.
Links from this website to a non-PGIM website may be provided for the user’s convenience only. PGIM does not control or review these third-party sites nor does the provision of a link imply any endorsement of or association with such non-PGIM sites. Your linking to any websites from this website is at your own risk. To the extent that any information on this website relates to a third party, this information has been provided by that third party and is the sole responsibility of such third party and, as such, PGIM accepts no liability for such information. Subject to the terms of applicable service or other agreements, we will remove any link from this website upon request from the owner of the linked website. Please call our operations department in the United States at 1-973-802-2269 to submit such a request.
We strive to provide accurate and up-to-date material on this website. However, we make no warranties or representations as to the accuracy or timeliness of the Content. Your use of this website and Content is at your own risk and at your own request. Content may become inaccurate as a result of developments after its publication on this website. PGIM and its related entities assume no responsibility to keep Content current or to correct inaccuracies or errors in Content. The Content on this website and the operation of it are provided “as is” and for informational purposes only, and PGIM and its related entities disclaim all representations or warranties of any kind, either express or implied, including warranties of merchantability, fitness for particular purpose, title, non-infringement, accuracy, adequacy, validity, completeness, and timeliness. Certain jurisdictions may not permit certain disclaimers of warranties. In such case, we disclaim warranties to the fullest extent permitted by the applicable law.
As a condition of your use of this website, you agree to indemnify and hold PGIM, its related entities, and its and their respective partners, members, directors, officers, employees, and agents harmless from and against any and all claims, losses, liability, costs, and expenses (including but not limited to legal fees) arising from your use of the website or from your violation of these Terms and Conditions.
Your Responsibility for Security
PGIM and its related entities do not warrant that the website will operate error free or is free from viruses, worms, Trojan horses or other destructive or harmful code. PGIM and its related entities assume no liability or responsibility for any damages to you, your computer, or other property due to your access to, use of, or downloading of Content. If you download or copy Content from this website, you are responsible for taking all reasonable precautions necessary to ensure the security and integrity of your computer and systems, including employing current virus protection software.
Limitation of Liability
You assume full responsibility and risk of loss resulting from use of or access to the website and Content.
In no event shall PGIM, its related entities or any other party involved in creating, producing, or delivering this website or Content on PGIM’s behalf be liable for any direct, incidental, special, consequential, indirect, lost profits, loss of business or data, liabilities or punitive damages arising out of your access to, or use of, or inability to access or use, this website or any Content, or the performance of any product on this website. This does not affect the liability of PGIM for any loss or damage which cannot be excluded or limited under applicable law.
To the extent that this website contains any information regarding the past performance of a product, such information is not a reliable indicator of future performance and should not be relied upon as a basis for an investment decision. To the extent that this website contains any information regarding simulated past performance, such information is not a reliable indicator of future performance and should not be relied on as the basis for an investment decision.
The value of investments and the income from them can go down as well as up and investors may not get back the amount originally invested and may lose all of their investment. The value of investments in the products may be affected by the price of underlying investments. Exchange rate changes may cause the value of overseas investments to rise or fall.
PGIM reserves the right to change the Content on this website and these Terms and Conditions from time to time at any time without prior notice. The changes may include superseding terms and conditions or specific notices. YOU SHOULD REVIEW THESE TERMS AND CONDITIONS FROM TIME TO TIME TO BE AWARE OF ANY CHANGES THAT ARE MADE. Your continued use of this website constitutes your acceptance of any change or update, all of which shall become controlling when posted.
You may review PGIM’s Internet Privacy Statement Opens in a new window.
Cautionary Language Regarding Forward-Looking Statements. All Content, together with information filed and furnished with the Securities and Exchange Commission and any oral information provided by PGIM’s or a related entity’s executives that relates to PGIM’s or its related entities’ future performance or financial results are considered forward-looking statements. These forward-looking statements involve uncertainties that could cause actual performance or results to materially differ, and readers are cautioned not to place undue reliance on them. All forward-looking statements should be read in conjunction with the additional information about risks and uncertainties set forth in PFI’s Securities and Exchange Commission reports, including PFI’s annual report on Form 10-K for the most recently ended reportable year.
Cookies are a standard feature of websites that allow us to store small amounts of data on your computer about your visit to the website. Cookies help us to learn which areas of the website are useful and which areas need improvement. You can choose whether to accept cookies by changing the settings on your browser. However, if you disable this function, your experience on the website may be diminished and some features may not work as intended.
By using this website, you agree that PGIM can place cookies on your device which collect certain data and for the purposes as further detailed in PGIM’s Internet Privacy Statement Opens in a new window.
These Terms and Conditions shall be governed by, and construed in accordance with, the laws of the United States and the State of New Jersey, without giving effect to conflict of law principles thereof.
Persons who access this website do so on their own initiative, and are responsible for compliance with applicable local, national and international laws and regulations. Software and other materials from this website may be subject to export controls imposed by the United States and may not be downloaded or otherwise exported to any jurisdiction or region or anyone prohibited by law. PGIM and its related entities prohibit your downloading or exporting of software or other material from this website in violation of U.S. Export Laws and the laws of your jurisdiction or region. By downloading software or other material from this website, you represent and warrant that you are able to do so in full compliance with the laws of the United States and your jurisdiction or region.
PGIM reserves the right in its sole discretion to terminate or restrict your use of all or any part of the website, without notice, for any or no reason, and without liability to you or anyone else at any time. The Terms and Conditions relating to Ownership and Use of Content, Warranty Disclaimer, Limitation of Liability, and Governing Law shall survive any termination.
About this website
For the purpose of the United Kingdom and the European Economic Area (“EEA”), this website and Content is issued and communicated by PGIM Limited, with registered office at Grand Buildings, 1-3 Strand, London WC2N 5HR, which is authorised and regulated in the United Kingdom by the Financial Conduct Authority (“FCA”). PGIM is registered as a Private Limited Company in England and Wales (Company Number 03809039) and PGIM appears in the FCA’s Register with registration number 193418. PGIM is subject to the rules and guidance of the FCA, details of which can be found on the FCA website at www.fca.org.uk Opens in a new window. The FCA is located at 25 The North Colonnade, Canary Wharf, London E14 5HS.