Privacy Policy
I. INTRODUCTION
At Research Affiliates, LLC and its sister company, RAFI Indices, LLC (individually, “RA” and “RI”, respectively, and together the "RA Companies"), the privacy of our clients, their representatives and other users of our websites is a priority.
- We do not sell your personal information to anyone.
- Unless users state in writing their preference otherwise, users are automatically treated as having opted out from the sharing of their personal information with third parties, except as described herein.
- We protect the security and confidentiality of any personal information that we maintain. Our most important asset is our relationship with our clients and those that we interact with. We understand that our clients and others have entrusted us with private information, and we do everything that we can to maintain that trust.
The following describes the approach by the RA Companies to privacy and how personal information about our clients, their representatives and other users of our site is collected, processed, stored and used.
II. OVERVIEW OF PRIVACY POLICY
A. DEFINITION
The RA Companies privacy policy applies to users of the content on either RA’s or RI’s website.
B. SHARING OF PERSONAL INFORMATION
With your consent, the RA Companies shares personal information with non-affiliated third parties only in the following limited circumstances:
- We disclose personal information to companies that assist us in the servicing of your account; provided that such company must first confirm that they have implemented an appropriate data privacy framework in place.
- We may also enter into a "joint marketing relationship" with a financial institution, if we believe that our clients may be interested in hearing about its products and services. If we enter into such a relationship, the contract will specify that the financial institution will protect the confidentiality of the limited client information we share (e.g. name and contact information) and that our client's personal information will be used solely for the joint marketing arrangement. Moreover, the financial institution must confirm that they have implemented an appropriate data privacy framework in place.
- We may disclose or report personal information to the extent we reasonably believe in good faith that the law requires disclosure or reporting. For example, disclosure of personal information of our clients may be required to cooperate with regulators or law enforcement authorities for institutional risk controls or authentication checks.
C. COLLECTION OF PERSONAL INFORMATION
We collect personal information in the normal course of business in order to better administer your accounts and to serve you better through the customization of content that we may deliver to you. With your consent, we may collect information through use of "cookies" when we open our website to clients.
D. PROCESSING OF PERSONAL INFORMATION
Personal information that we collect from you, with your consent, is processed by the RA Companies for strictly marketing purposes only. The RA Companies’ view this activity as legally justified pursuant to applicable laws.
E. PROTECTION OF PERSONAL INFORMATION
Any personal information collected is maintained in secure locations, mapped and overseen by the RA Companies’ Data Protection Officer. The Data Protection Officer and Compliance may conduct periodic reviews to monitor access to such information and to ensure that only the appropriate persons are handling personal information collected.
We use client personal information to better serve our client's needs.
- We protect the confidentiality and security of our client's and site users’ personal information. Companies that we hire to provide support services are not allowed to use our client's personal information for their own purposes and are contractually required to maintain strict confidentiality, ensure data privacy protections are implemented, and not to use our client's personal information in any way other than as expressly authorized by us.
- We restrict access to personal information of our clients and site users only to those employees and agents permitted to access such information for legitimate business purposes, such as marketing. All employees are contractually obligated to maintain the confidentiality of our client's personal information and are required to safeguard such information.
- We maintain physical, electronic and procedural safeguards to protect our client's personal information.
F. MAINTENANCE OF PERSONAL INFORMATION
We seek to maintain the confidentiality of our client's personal information and we make every effort to keep our client's personal information accurate and up-to-date. If a client or RA site user identifies any inaccuracy in their personal information, if a client or RA site user needs to make a change to their personal information, or if a client or RA site user requests that we no longer maintain their personal information, please contact us at dataprivacy@rallc.com so that we may promptly update our record.
G. PRIVACY ONLINE
Privacy, security and service in our online operations are just as critical as in the rest of our business. We therefore employ all of the safeguards described above, along with the following Internet-specific practices.
The RA Companies use a variety of proven protections to maintain the security of your online session. For example, we make extensive use of firewall barriers, encryption techniques and authentication procedures. We may also place cookies, if you consent, and similar files on your hard drive for security purposes, to facilitate site navigation, and to personalize your experience on our site.
H. DATA BREACHES
In the event of a data breach of personal information, the Data Privacy Officer and the RA Companies will take any and all reasonable steps necessary, including technical measures to limit further breaches and to inform affected parties and authorities.
YOUR CONNECTION
If you have any questions or concerns regarding this policy, please feel free to contact us at compliance@rallc.com or compliance@rafi.com.
Cookies Policy
RAFI Indices, LLC (RI) uses cookies on our website to distinguish you from other users of our website. Our objective is to optimize your experience when you browse our website and to continually improve our site. This cookie policy provides you with detailed information about the types of cookies we use and the purposes for using those cookies. For further information about this policy, please contact our Compliance Department at info@rafi.com.
A. WHAT IS A COOKIE?
A cookie is a small file that is stored on your web browser or the hard drive of your computer. Cookies contain information that is transferred to your computer's hard drive.
WHAT COOKIES DO WE USE AND WHY?
The cookies used on our site are categorized as follows:
- STRICTLY NECESSARY
'Strictly Necessary' cookies allow you to enter and move around the website and use the website’s features. Without these cookies, services and information you have asked for cannot be provided. We use these Strictly Necessary cookies primarily to identify you as having confirmed your eligibility to enter and use our website, and to assure that you connect to the correct service on our website after we make any changes to the way the website works. Consenting to the use of these cookies is not a condition of using the website, however, if you do not consent, you will be redirected to a static website with limited information.
- PERFORMANCE
'Performance' cookies collect information about how you use our website, such as which pages you visit. These cookies may collect information that could identify you and are only used internally and confidentially to help us improve website performance and understand what interests our users. We use performance cookies for: (1) Analytics, to provide statistics on how our website is used; (2) Error management, to help us improve the website by measuring any errors that occur; and (3) Design testing, to test different designs of our website to improve users' experiences.
- FUNCTIONALITY
'Functionality' cookies help to provide services or to record settings to improve your visit. We use Functionality cookies to identify when you've visited our site before and any personal settings or configurations you may have saved.
THIRD PARTIES
Some of our Performance and Functionality cookies are managed for us by third parties. Third Parties are not allowed to use the cookies for any purpose other than those listed above.
WITHDRAW CONSENT, DELETE, OR BLOCK OUR COOKIES
You can change your cookie preferences by using the settings on your web browser that allows you to delete or refuse the setting of cookies. Disabling cookies from your web browser will disable all cookies used by your browser, including those from other website, which may cause certain setting or information to be altered or lost.
You can easily accept or reject the cookies on this site by choosing the appropriate link on our site. The cookie consent is valid for up to 13 months.
For further information about deleting or blocking cookies, please visit: www.allaboutcookies.org.
Disclaimer
RAFI Indices, LLC and its related entities do not warrant the accuracy of the information provided herein, either expressed or implied, for any particular purpose. Nothing contained in this material is intended to constitute legal, tax, securities or investment advice, nor an opinion regarding the appropriateness of any investment, nor a solicitation of any type. The general information contained in this material should not be acted upon without obtaining specific legal, tax and investment advice from a licensed professional. Investors should be aware of the risks associated with data sources and quantitative processes used in our investment management process. Errors may exist in data acquired from third party vendors and in coding related to the index and portfolio construction process. While RI takes steps to identify data and process errors so as to minimize the potential impact of such errors on index and portfolio performance, we cannot guarantee that such errors will not occur.
RAFI Indices, LLC is a wholly owned subsidiary of Research Affiliates Global Holdings, LLC and does not offer or provide investment advice or offer or sell any securities, commodities or derivative instruments or products. Any such business may only be conducted through registered or licensed entities and individuals permitted to do so within the respective jurisdiction and only in conjunction with the legally required disclosure documents and subject to the all legally required regulatory filings.
RAFI Indices, LLC, its affiliates, agents, and each of their respective officers, directors, employees, agents, representatives and licensors (collectively “RI”) shall not be liable to any third party for any loss or damage, direct, indirect or consequential, arising from or related to (i) any inaccuracy or incompleteness in, errors or omissions in the provided information or (ii) any decision made or action taken by any third party in reliance upon this information. RI does not make any warranties, express or implied, to anyone regarding the information, including, without limitation, any warranties with respect to the timeliness, sequence, accuracy, completeness, currentness, merchantability, quality or fitness for a particular purpose or any warranties as to the results to be obtained by any third-party in connection with the use of the information. RI shall not be liable to anyone for loss of business revenues, lost profits or any indirect, consequential, special or similar damages whatsoever, whether in contract, tort or otherwise, even if advised of the possibility of such damages.
RAFI Indices, LLC. All rights reserved. Duplication or dissemination prohibited without prior written permission.
Legal
RAFI Indices, LLC is a California limited liability company which is a wholly-owned subsidiary of Research Affiliates Global Holdings, LLC. RAFI Indices, LLC constructs and publishes various indices and does not offer or provide investment advice or offer or sell any securities, commodities or derivative instruments or products. Any such business may only be conducted through registered or licensed entities and individuals permitted to do so within the respective jurisdiction and only in conjunction with the legally required disclosure documents and subject to the all legally required regulatory filings.
The RAFI trademark is used under license by RAFI Indices, LLC. The RAFI Indices, LLC corporate name and all related logos are the exclusive intellectual property of RAFI Indices, LLC.
RAFI Indices, LLC, its affiliates, agents, and each of their respective officers, directors, employees, agents, representatives and licensors (collectively “RI”) shall not be liable to any third party for any loss or damage, direct, indirect or consequential, arising from or related to (i) any inaccuracy or incompleteness in, errors or omissions in the website content or (ii) any decision made or action taken by any third party in reliance upon such content. RI does not make any warranties, express or implied, to anyone regarding the website content, including, without limitation, any warranties with respect to the timeliness, sequence, accuracy, completeness, currentness, merchantability, quality or fitness for a particular purpose or any warranties as to the results to be obtained by any third-party in connection with the use of the content. RI shall not be liable to anyone for loss of business revenues, lost profits or any indirect, consequential, special or similar damages whatsoever, whether in contract, tort or otherwise, even if advised of the possibility of such damages.
The website content displayed is for information purposes only. This material is not intended as an offer or solicitation for the purchase or sale of any security or financial instrument, nor is it advice or a recommendation to enter into any transaction. Any offer to sell or a solicitation of an offer to buy or sell shall be made solely by the legally permitted entity registered or licensed with the applicable regulator(s) and only to qualified investors through a regulatory registration statement or subject to an applicable exemption and disclosure document such as a private placement memorandum for pooled investment vehicles, or investment management agreement for separately managed accounts. The information contained herein should not be construed as financial or investment advice on any subject matter. RI does not warrant the accuracy of the information provided herein, either expressed or implied, for any particular purpose.
The index data published herein may be simulated and in such instances, no allowance has been made for trading costs, management fees, or other costs, are not indicative of any specific investment, are unmanaged and cannot be invested in directly. Past performance, including simulated performance, is no guarantee of future performance and actual index results may differ. Any information and data pertaining to an index contained in this document relate only to the index itself and not to any asset management product based on the index.
Investors should be aware of the risks associated with data sources and quantitative processes used in the creation of the index related data. Errors may exist in data acquired from third party vendors, the construction of indices, and in coding related to the index construction process. While RI takes steps to identify data and process errors so as to minimize the potential impact of such errors on index performance, they cannot guarantee that such errors will not occur.
USE OF WEBSITE
RI is not responsible in any manner for direct, indirect, special or consequential damages, however caused, arising out of your use of this Website and/or any web browser, including any damages you may suffer if you transmit confidential or sensitive information to us or if we communicate such information to you at your request over the Internet. Links to other websites from this Website are for convenience only.
No endorsement of any third party products, services or information is expressed or implied by any information, material or content referred to or included on, or linked from or to this Website.
RAFI Indices, LLC. All rights reserved. Duplication or dissemination prohibited without prior written permission.
Terms of Use
These Terms are a binding contract between you and RAFI Indices, LLC and its affiliates ("RI"). By using or accessing this site, you accept and agree to be bound by these Terms. Your use of this site is governed by the version of the Terms in effect on the date this site is accessed by you. RI may modify these Terms at any time and without prior notice. You should review the most current version of this document by clicking on the Terms of Use hyperlink. These Terms are in addition to any other agreements between you and RI, including any customer or account agreements, and any other agreements that govern your use of products, services, content, tools, and information available on this site.
This site is intended for your personal, non-commercial use only, unless you and RI have agreed otherwise in writing.
RI reserves the right to change the terms, conditions, and notices under which use of this Site is offered.
A. THIRD PARTY CONTENT AND SITES
This site may include general news and information, commentary, interactive tools, quotes, research reports and data concerning the financial markets, securities and other subjects. Companies that are not affiliated with RI, known as "Third Party Content" supply some of that content. Most Third Party Content is available through framed areas or through hyperlinks to third party web sites, and its source is clearly and prominently identified.
Although Third Party Content may be framed-in on this site or available through a link to a third-party site, RI does not prepare, edit, or endorse Third Party Content. RI therefore does not guarantee its accuracy, timeliness, completeness or usefulness, and is not responsible or liable for any content, advertising, products, or other materials on or available from third party sites. Links to sites outside this site are provided only for your convenience. No endorsement of any third party products or services is expressed or implied by any information, material or content referred to or included on or linked from or to this site. You will use Third Party Content only at your own risk.
In order to comply with applicable laws and regulations, RI may at times exclude content with respect to securities of issuers which are the subject of public offerings made available to clients or otherwise of RI.
B. TIMELINESS OF CONTENT
All content on this site is presented by the date published or indicated only, and may be superseded by subsequent market events or other reasons. In addition, you are responsible for setting the cache settings on your browser to ensure you are receiving the most recent data.
C. PROHIBITED USES
Because all servers have limited capacity and are used by many people, do not use this site in any manner that could damage or overburden any RI server, or any network connected to any RI server. Do not use this site in any manner that would interfere with any other party's use of this site.
D. MEANS OF ACCESS
This site is generally intended to be viewed by a conventional web browser with a screen resolution of 640 by 480 pixels or greater. Although you may use other means to access this site, be aware that this site may not appear accurately through other access methods, and you use them only at your own risk.
You should not access this site through devices or services that are designed to provide high-speed, automated, repeated access.
Certain parts of this site may be protected by passwords or require a login. You may not obtain or attempt to obtain unauthorized access to such parts of this site, or to any other protected materials or information, through any means not intentionally made available by RI for your specific use.
E. PASSWORD SECURITY & NOTIFICATION
If you have a password for access to non-public areas of this site, you are solely responsible for all activities that occur in connection with your password. Accordingly, you should not disclose your password to anyone else. Notify RI immediately if you become aware of any disclosure, loss, theft or unauthorized use of your password.
F. DISCLAIMER OF WARRANTIES
- RI does not make any express or implied warranties about this site, including but not limited to implied warranties of merchantability, fitness for a particular purpose, or non-infringement.
- This site is made available to you "as is" and "as available" and RI does not warrant that any defects or inaccurarcies will be corrected.
- RI does not warrant that this site will meet your needs, or that they will be uninterupted, tuimely, secure, or error-free. RI also makes no warranty that the results obtained from the use of this site will be accurate or reliable, or that the quality of any products, services, information, or other materal purchases or obtained by you through this site will meet your expectations.
G. LIMITATION OF LIABILITY
- RI will not be liable to you or anyone else for any consequential, incidental, special or indirect damages (including but not limited to lost profits, trading losses or damages that result from use or loss of use of this site and third party content, inconvenience or delay). This is true even if RI has been advised of the possibility of such damages or losses.
- RI will not be liable to you or anyone else for any loss resulting from a cause over which such RI does not have direct control. This includes failure of electronic or mechanical equipment or communications lines (including telephone, cable and internet), unauthorized access, viruses, theft, operator errors, severe or extraordinary weather (including flood, earthquake, or other acts of God), fire, war, insurrection, terrorist act, riot, labor dispute and other labor problems, accident, emergency or action of government.
- If you live in a state that does not allow the limitation or exclusion of liability or incidental or consequntial damages, some or all of these limitations and exclusions may not apply to you.
H. INDEMNIFICATION
As a condition of your use of this site, you agree to indemnify and hold RI and its officers, directors, members, affiliates and employees and their third party providers harmless from and against any and all claims, losses, liability, costs and expenses (including but not limited to attorneys' fees) arising from your use of this site, or from your violation of these Terms.
I. CHANGES TO THIS SITE
Unless otherwise agreed, RI may discontinue or modify this site at any time without prior notice to you, and you accept these modifications if you continue to use this site.
J. TERMINATION
RI may terminate your access to this site for any reason, without prior notice.
K. GOVERNING LAW & FORUM
Unless otherwise agreed, these Terms and their enforcement are governed by the laws of the State of California, without regard to conflicts of law, and shall inure to the benefit of the successors and assigns of RI, whether by merger, consolidation, or otherwise.
L. SEVERABILITY
If a court of competent jurisdiction deems any provision unenforceable, that provision will be enforced to the maximum extent permissible, and the remaining provisions will remain in full force and effect.
RAFI Indices, LLC. All rights reserved. Duplication or dissemination prohibited without prior written permission.