Important information

For UK investors only

This web site is only intended for distribution to, and use by, persons resident in the UK and is not to be regarded as an offer to buy or sell or the solicitation of any offer to buy or sell securities in any jurisdiction other than the UK.

AXA Framlington, an expertise of AXA Investment Managers UK Limited (AXA IM UK) is authorised and regulated by the Financial Services Authority.

An application for any of the AXA Framlington’s investment products should be made having read fully not only the relevant application form, but also, for UK investors, the relevant terms and conditions of the Simplified Prospectus applicable to the chosen product.

Performance figures shown do not relate to specific contracts and do not therefore take into account the charges that would be payable.

Please remember that past performance of an investment is not necessarily a guide to future performance. The value of an investment and the income from it can fall as well as rise as a result of market and currency fluctuations and you may not get back the amount originally invested. Tax assumptions may change if the law changes, and the value of tax relief (if any) will depend upon your individual circumstances. Investors should consult their own tax advisers in order to understand any applicable tax consequences.

If you are unsure about the meaning of any information provided on this web site, then please consult your financial or other professional adviser. We do not offer investment advice.

Issued and approved in the UK by AXA Investment Managers UK Limited.

It is also important that you read the Terms of Use of this site, which contains important information about the use and content of this site.

Terms of use of this site

These terms of use govern your use of this site and it is therefore important that you read them carefully. If you do not agree with the terms of use, do not use this site. If you do use this site, then you shall be agreeing to these terms. If you have any questions, please contact us.

Price information and performance figures

Daily prices are quoted in pence per unit and priced at 12.00 on the date shown.

Performance data takes into account the annual management charges, but not any initial charge that may be payable. The growth in accumulation prices includes the reinvestment of income. The return on income prices are lower than accumulation prices because the income generated by the Fund is distributed. Equity investments should normally be viewed as medium- to long-term investments.

All data sourced by AXA IM unless otherwise stated.

Use of links

This web site may contain or be linked to advice or statements of third parties. We make no representation as to the accuracy, completeness, timeliness or suitability of such information, and we have not and will not review or update such information and caution you that any use made of such information is at your own risk. Some of the information contained on this web site may also have been prepared or provided by third parties and may not have been verified by AXA IM UK. AXA IM UK hereby excludes any liability arising out of any preparation or provision of such information for the web site and makes no warranty as to the accuracy, suitability or completeness of any such information.

Reproduction of the Site

Otherwise than as specifically set out, the information on this web site must in no circumstances be copied, reproduced or redistributed in whole or in part. You may download or print copies of some of the documentation contained on this web site for your own private use only, provided that you do not change any copyright, trademark or other proprietary notices. All intellectual and other property information contained in this web site shall continue to be held by us and no rights of any kind in it shall pass to you.

Data protection

We may ask you to provide your name and personal contact details if you wish for more information about our products and services. AXA Investment Managers UK Limited (AXA IM UK) is registered with the Data Protection Commissioner to hold personal data. This data is used to provide you with the information you request, and may be retained to keep you informed by mail or telephone or other reasonable methods of products and services offered by AXA IM UK.

You have the right, at any time, to access and correct your personal information and privacy preferences or request to be removed from our mailing lists by writing to us at AXA Investment Managers UK Ltd, 7 Newgate Street, London, EC1A 7NX.

We may record telephone calls for our mutual protection and to improve customer service.

In order to use your personal data as set out in this Privacy Policy, your personal data may be stored and processed in any country worldwide and will be disclosed to other members of the AXA Group. We may also pass your data to third parties, selected by us, with respect to certain activities. We will ensure that any such third parties will only use your information in accordance with this Privacy Policy.

Accuracy of information

AXA Framlington and AXA IM UK believes that the information which may be viewed on this web site is accurate as at the date of publication, but provide no representation or warranty of this. We therefore accept no liability for the accuracy of this data or for how up to date it is. Furthermore, we may amend the information at any time without notice. By proceeding you agree to the exclusion by us, so far as this is permitted under the provisions of the UK Financial Services and Markets Act 2000 (or any replacement legislation insofar as such legislation permits such a statement to be made) and the applicable UK regulatory system, of any liability, including without limitation that arising from any loss of profit or any other damage whether direct or consequential, in respect of any errors and/or omissions by us and/or any relevant third parties, including without limitation our officers, employees and affiliates.

You should be aware that the Internet is not a completely reliable transmission medium. We shall not have any liability for any data transmission errors such as data loss or damage or alteration of any kind, including, but not limited to, any direct, indirect or consequential damage, arising out of the use of the services provided herein.

Law and jurisdiction

When you use this web site you accept that your use of the web site and any information on the web site will be governed by the laws of England and that any dispute arising from your use of the web site or the information on it will be heard by the English Courts.

1 June 2009