Terms of Use

1. General

This website is owned by Alliance Trust PLC (‘Alliance Trust’), a public limited company incorporated in Scotland (company number SC001731). Alliance Trust’s registered office is at River Court, 5 Victoria Dock Road, Dundee DD1 3JT. You can find out more about Alliance Trust here. 

This website is operated on behalf of Alliance Trust by Towers Watson Investment Management Limited ('TWIM’), which is Alliance Trust’s Investment Manager. TWIM’s registered office is at Watson House, London Road, RH2 9PQ. TWIM is authorised and regulated by the Financial Conduct Authority (FCA registration number 446740). This website has been issued and approved by TWIM. 

Please read these terms of use carefully. By accessing and using this website you are agreeing to these terms of use as amended from time to time. Alliance Trust reserves the right at its sole discretion to change, modify or add to these terms of use and any other document referred to in these terms of use without giving prior notice to you. By continuing to access and use this website you are agreeing to be bound by such amendments. These terms of use are in addition to any other agreements that you may enter into with Alliance Trust.

If you have any queries about these terms of use or the content of this website, please contact us:
By telephone: 01382 938320
By email: investor@alliancetrust.co.uk
By post: Alliance Trust PLC, River Court, 5 West Victoria Dock Road, Dundee DD1 3JT

2. Who is this website intended for?

The website is used to promote Alliance Trust.

This website is directed exclusively at persons resident in the United Kingdom and does not address any issue relevant to a person resident outside the United Kingdom. By using the website, you confirm that you are resident within the United Kingdom.

3. Access to this website

You are responsible for ensuring that you have access to a device that is able to access this website. You accept that Alliance Trust is under no obligation to help you to overcome any restrictions on your ability to use this website because of the specification of any device, configurations, operating systems, installed software, personal firewall settings or any other matter related to the access by you of this website.

Access to parts of this website or a linked website may be restricted or may require possession of a valid password. No unauthorised person should attempt to gain access to any such part of the website.

4. Information on this website

Alliance Trust has taken considerable care to ensure that the information in this website is accurate, as at the date of publication. However, no representation or warranty, express or implied, is given as to its completeness and accuracy or to the timeliness of any of the information or any opinions or forward-looking statements expressed on the website.

If you have identified any errors, please contact us. 

Any research or analysis contained in this website has been procured by Alliance Trust for its own use. It is provided to you only incidentally, and any opinions expressed are subject to change without notice. Any prices and other information on this website or a linked website are provided solely to enable you to make your own investment decisions and do not constitute personal recommendations or advice.

All information contained on the website is for informational use only and should not be relied upon in making any investment decision or in giving financial advice to clients. Information contained on this website is not tailored for your personal or business use, and as a result such information may be unsuitable for you and your investment decisions or advice you give.

Before making any investment choice, you should take adequate steps to verify for your purposes and circumstances the accuracy and completeness of any information contained on this website.

The information contained in this website is not an offer or invitation to deal in or acquire an investment and should therefore not be relied upon by any person anywhere other than in the United Kingdom or by any person in any jurisdiction where such an offer or invitation would be unlawful.

5. Links to other websites

This website contains links to other websites and co-branded pages, in order to provide you with access to information and services which you may find useful or interesting. Using links to other sites is at your own risk. Alliance Trust is not responsible for the data protection policies of, nor does it endorse the content of, sites which are linked or can be accessed from this website or external sites that link with this website.

We do not endorse such sites, nor do we approve any content, information, goods, or services provided by them and cannot accept any responsibility or liability for any loss or damage suffered by you as a result of your use of such sites.

6. Availability and updating of the site

Alliance Trust may amend this website and/or suspend and/or close access to it at any time for any reason, in particular, for maintenance or upgrade purposes, and Alliance Trust will seek to give advance notice of this wherever possible. Likewise, Alliance Trust reserves the right to amend, alter or withdraw any of the information contained on the website at any time.

Alliance Trust does not warrant that access to or use of the website or any sites or pages linked to it will be uninterrupted or error-free. Alliance Trust may change the format and content of the website in whole or in part at our sole discretion from time to time. You should refresh your browser each time you visit the website, to ensure that you access the most up-to-date version of the website.

While Alliance Trust will try to ensure that the website and its functions and communications made by us will be free from all viruses or other harmful components, no guarantee is given that this is the case.

Likewise, as with all websites and communication methods, there is the potential for communication to be intercepted by third parties, and accordingly those methods of communication are not entirely secure. If preferred, communication, particularly confidential matters, can be notified to us in other ways that you believe are more secure. 

7. Data protection and privacy

Alliance Trust’s use of your personal information is governed by Alliance Trust’s Privacy Policy, which you can access here. 

You can also find information on the use of cookies here. 

8. Intellectual property rights

This website, the materials and information on it are all made available to you by Alliance Trust, sometimes in partnership with certain key suppliers. All copyright and other intellectual property rights in any material (including text, photographs and other images and sound) contained on the website either is owned by Alliance Trust or has been licensed from one of Alliance Trust’s suppliers or partners for use by Alliance Trust and you on the website only. You are allowed to use the website and the materials contained on the website only as set out in these terms of use.

This website contains Alliance Trust’s trademarks, and Alliance Trust’s suppliers’ names and logos and their trademarks. All trademarks included on the website belong to Alliance Trust, its suppliers or partners or have been licensed to Alliance Trust by the trademark owner(s) for use on this website. You are not allowed to copy or otherwise use any of these trademarks in any way except as set out in these terms of use.

This website, the materials and information on it also features information relating to the MSCI All Country World Index (MSCI ACWI) benchmark which is provided by MSCI Inc and against which the performance target for the equity portfolio has been set.

Neither MSCI nor any other party involved in or related to compiling, computing or creating the MSCI data makes any express or implied warranties or representations with respect to such data (or the results to be obtained by the use thereof), and all such parties hereby disclaim all warranties of originality, accuracy, completeness, merchantability or fitness for a particular purpose with respect to any of such data. Without limiting any of the foregoing, in no event shall MSCI, any of its affiliates or any third party involved in or related to compiling, computing or creating the data have any liability for any direct, indirect, special, punitive, consequential or any other damages (including lost profits) even if notified of the possibility of such damages. No further distribution or dissemination of the MSCI data is permitted without MSCI’s express written consent.

Unless otherwise expressly permitted, the information on this website 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 website for your personal non-commercial use only, provided that you do not change any copyright, trademark or other proprietary notices. All intellectual property rights relating to this website and its content shall continue to be held by Alliance Trust or its licensors and no rights of any kind in it shall pass to you.

Any content from this website that you print, download, share or pass on to others, must not be amended or otherwise modified. You must not alter or change any images, media or graphics from our website in any way nor may you remove any accompanying text from such images, media or graphics. You must ensure that all content passed on to any third party is an accurate representation of the content as it appears on this website.

If you pass on any content or materials from this website to anyone, you must acknowledge Alliance Trust as the author of such content or materials (or any other authors wherever credited by Alliance Trust) at the time when you pass on such content or materials.

You are prohibited from using any robots, spiders, data mining or scraping technology or any similar third-party tools for the extraction or reproduction of any data or content from this website without our prior written consent.

9. Prohibited use

Save as expressly permitted in these Terms of Use, the reproduction, duplication, copying or reselling of this website (or any part of this website) is prohibited.

Except with the , consent of Alliance Trust, you must not access, interfere with, damage or disrupt in any way this website or any part of it, our systems, any of our hardware or equipment or any networks on which this website is hosted, any software that is used to create or modify the website or to make this website available to you, or any hardware, equipment, network, server, software or technology owned or operated by Alliance Trust or any third party.

This website must be used for lawful purposes only and in accordance with these Terms of Use. You must not use this website:

1. for any purpose that is unlawful or that in any way breaches any applicable laws or regulations, whether local, national or international;
2. for any fraudulent purposes whatsoever;
3. to conduct any unsolicited or unauthorised advertising or direct or indirect marketing to anyone by any means, or to otherwise spam, communicate with or market to anyone any goods, services or business not authorised by Alliance Trust;
4. to upload, host or transmit any viruses, malware, adware, spyware, worms, Trojan horses, keystroke loggers, spyware, logic bombs, time bombs or any other harmful programs or code which could adversely affect the use or operation of this website, our hardware or systems, or the computers, tablets, phones or other devices of any users or other third parties, or to upload any content or materials containing any such content;
5. to communicate with, harm or attempt to harm children in any way; or
6. in any way or for any purpose that breaches these Terms of Use or the terms of any of the policies or other information referred to in these Terms of Use.

You must not submit any information to us about any other person unless you have the authority to do so. If you intentionally or accidentally submit information to us which is considered ‘sensitive personal information’ you will be considered to have consented to our processing of that information on the basis of Article 9(2)(a) of the General Data Protection Regulation (Regulation (EU) 2016/769). ‘Sensitive personal information’ is information about you or any other person which reveals your or their racial or ethnic origin, political opinions, religious or philosophical beliefs, trade union membership or which is genetic data, biometric data, information which concerns your or their health, sex life or sexual orientation.

10. Email and phone calls

If you leave your contact details in any part of the website, Alliance Trust may use them to contact you at the times you have indicated or at a reasonable time of day.

11. Termination

Alliance Trust reserves the right to terminate your access to and use of this website at any time and for any reason without prior notice.

12. Liability 

The information, content, materials and functions contained in this website are provided on an ‘as is’ basis, and to the fullest extent permitted by law. Alliance Trust accepts no liability in respect thereof and Alliance Trust does not warrant that any defects or inaccuracies will be corrected. Alliance Trust reserves the right at any time and without notice to change, amend or otherwise vary the content of this website. Alliance Trust accepts no liability for any loss or damage suffered by you as a result of reliance upon such amendments or updates.

Nothing in these terms of use shall be deemed to limit Alliance Trust’s liability for death or personal injury caused by Alliance Trust’s negligence, its directors, agents, officers or representatives, fraud or fraudulent misrepresentation, or any liability which cannot by law be restricted or limited.

Subject to the paragraph above, Alliance Trust shall not be liable for the following types of loss or damage from claims arising out of or relating to this website, howsoever caused and whether such claims are based on negligence, breach of contract, strict liability, breach of statutory duty or otherwise:

• any loss of profits,
• exemplary or special damages,
• loss of sales,
• loss of revenue,
• loss of goodwill,
• loss of any software or data,
• loss of bargain,
• loss of opportunity,
• loss of use of computer equipment, software or data,
• loss of or waste of management or other staff time, or
• for any indirect, consequential or special loss, however arising.

Alliance Trust shall not be liable for any loss or damage which may arise from or in connection with the use of or inability to use, interruption to, delay to, or the unavailability, operation or transmission of this website, or from a computer virus, distributed denial-of-service attack, or other technologically harmful material that may infect your computer equipment, computer programs, data or other proprietary material due to your use of this website or to your downloading of any content on it, or on any website linked to it.

Alliance Trust will not be liable to you for any loss arising as a result of any circumstances which we cannot reasonably be expected to control.

13. Miscellaneous

These terms of use form the entire understanding of the parties and supersede all previous agreements, understandings and representations relating to the access to or use of the website. If any provision of these terms and conditions is found to be unenforceable, this shall not affect the validity of any other provision. Alliance Trust may delay enforcing its rights under these terms and conditions without losing them. You agree that Alliance Trust may sub-contract the performance of any of the website and related obligations or may assign these terms of use or any of Alliance Trust’s rights or obligations without giving you notice.

14. Governing law

These terms of use shall be governed and interpreted in accordance with English law, and you consent to the non-exclusive jurisdiction of the English courts.