Terms and Conditions


Welcome to the Royce Equity Management (REM) www.royceequity.management website. Please read the following terms and conditions regarding the use of the website. By reading, downloading or using any information or documents contained on this website, you agree to be bound by these terms and conditions that follow. This website is the property of Royce Equity Management. For the purpose of these terms and conditions, the term "REM" shall include all of its subsidiaries and sister companies.

These terms and conditions contain the entire agreement between you and REM and supersede all prior or contemporaneous communications between the parties regarding your use of this website. The section headings of these terms and conditions are for ease of reference only and shall not be admissible in any action to alter, modify or interpret the contents of any section. All matters relating to your access and use of this website shall be governed by English law. A finding by a court of competent jurisdiction that a provision of these terms and conditions is invalid, illegal or unenforceable shall not affect any other part of these terms and conditions and such provision shall be construed by limiting it to the extent necessary so as to be enforceable or, if such provision cannot be so limited, then these terms and conditions shall be construed as if they had never contained such provision. The waiver by REM of any provision of these terms and conditions on any particular occasion and upon any particular circumstances shall not operate as a waiver of such provision on any other occasion or upon any other circumstances. Some statements made by REM might be subject to alteration and future variation.

Trading

Trading securities, futures, and options is a volatile and complex business that involves risk of loss. The valuation of such instruments may fluctuate and, as a result, you may incur significant losses. Before you trade, you should consider your financial experience, goals, and financial resources and know how much you can afford to lose above and beyond your initial investment. Stock prices can be extremely volatile, especially "hot" technology and Internet stocks. Futures markets are also extremely volatile and are also highly leveraged.

Risks of Margin Trading

If you decide to trade securities on margin, you should understand that there are risks involved. A sudden drop in the price of an instrument (i.e., stock or option) could cause you to receive a margin call. Because of the nature of their markets, futures and options are always traded on margin, and you can receive a margin call on any significant price change, up or down. In such case, you would be required to deposit additional collateral into your account. If you do not respond in a timely manner, the existing collateral in your account could be sold or, in the case of futures, your positions liquidated, in order to cover the call, and you would be responsible for any losses to your account. To reduce this risk, do not overextend yourself. Maintain account equity well above the minimum margin maintenance and variation requirements, and be aware that these requirements can change at any time.

Product Information

Product or stock recommendation performance is measured using generally accepted accounting principles and reflects approximate performance of recommendations in aggregate of any specific product, stock, system or derivative thereof. Any differences in customer account holdings, timing and acceptance of recommendations may affect actual performance of each customer account relative to general price levels and the assumed action results at the time of recommendation and or actual execution levels and buyers should consult other sources of information to evaluate their own actual account performance. Additionally, certain financial products mentioned on this website might still be under development and not ready for commercial launch.

Forward-Looking Statements

The materials contained on this website may contain projections or other forward-looking statements relating to future events, future products or the future performance of REM.

Such statements are only predictions and subject to certain risks and uncertainties. Consequently, actual events or results may differ materially and will be fully detailed in REM's filings.

Indemnity

YOU AGREE TO INDEMNIFY, DEFEND AND HOLD REM HARMLESS FROM AND AGAINST ANY AND ALL CLAIMS, LIABILITIES, DAMAGES, LOSSES OR EXPENSES (INCLUDING REASONABLE LEGAL FEES AND COSTS) ARISING OUT OF, BASED ON OR IN CONNECTION WITH YOUR ACCESS TO AND/OR USE OF THIS WEBSITE. IN NO EVENT SHALL REM OR ITS SUPPLIERS BE LIABLE FOR ANY DIRECT, INDIRECT, SPECIAL, INCIDENTAL OR CONSEQUENTIAL DAMAGES INCLUDING, WITHOUT LIMITATION, LOSS OF PROFITS OR REVENUES, COSTS OF REPLACEMENT PRODUCTS, LOSS OR DAMAGE TO DATA ARISING OUT OF THE USE OR INABILITY TO USE THIS WEBSITE OR ANY REM SERVICES, DAMAGES RESULTING FROM USE OF OR RELIANCE ON THE INFORMATION OR MATERIALS PRESENTED ON THIS WEBSITE, WHETHER BASED ON WARRANTY, CONTRACT, TORT OR OTHERWISE EVEN IF REM OR ITS SUPPLIERS HAVE BEEN ADVISED OF THE POSSIBILITY OF SUCH DAMAGES

Web Site Disclaimer

The information contained in this website is for general guidance on matters of interest only and is not intended to constitute legal or other professional advice. The application and impact of laws can vary widely based on the specific facts involved. Given the changing nature of laws, rules and regulations, and the inherent hazards of electronic communication, there may be delays, omissions or inaccuracies in information contained on this website. While REM has made every attempt to ensure that the information contained on this website has been obtained from reliable sources, REM is not responsible for any errors or omissions in the information contained on this website or for the results obtained from the use of this information. REM assumes no responsibility for accuracy, correctness or content of the materials provided on this website. You should not assume that the materials on this website are continuously updated or otherwise contain current information. The materials provided on this web-site are provided "as is" and any warranty (express or implied), condition or other term of any kind is hereby excluded.

Third Party Websites

Certain links on this website may connect to other websites maintained by third parties over whom REM has no control. The fact that REM have provided a link to another website is not an endorsement, authorization, sponsorship or affiliation with respect to such website, its owners or its providers. There are risks in using any information, software or products found on the Internet and REM cautions you to make sure you understand these risks before retrieving, using, relying upon or purchasing any product or service via the Internet. You agree that under no circumstances will you hold REM liable for any loss or damage caused by use of or reliance on any content, goods or services available on other websites.

Non-Personally Identifying Information

REM may collect information automatically about the use of our web-site, through, for example, "cookies" or "IP addresses". This information is not collected and stored in a personally identifiable manner. This information helps REM evaluate and improve this website and may also be used for marketing and investment analysis. REM may share this information with third parties, but only in aggregate statistical form that includes no personally identifying information.

Privacy Statement

REM may ask you to submit personal information at various places on this website, including on pages for requesting a New Account Form, Stock Pick Alerts, other service or information, subscribing to a newsletter, placing an order, downloading software, submitting feedback or participating in a forum or survey. This personal information, which you voluntarily submit, may include your name, address, e-mail address and telephone number, as well as other information about, for example, your interest in REM products and services, your employer and your employment position as well as banking information to facilitate trading or account openings. REM may use this personal information to contact you or send you information you have requested or that REM feels will be of interest to you. REM may contact you via telephone, e-mail or postal mail. REM are committed to safeguarding the privacy of visitors to this website. However, REM may be legally required to disclose information to the government or third parties under certain circumstances or third parties may unlawfully intercept or access transmissions or private communications.

Trademark notice

The trademarks, logos, and service marks (the "Marks") displayed on this Website are the property of REM or other third parties. You are not permitted to use the Marks without the prior written consent of REM or such third party which may own the Marks. Trademarks of REM include but are not limited to the names and logos of Royce Equity Management., its subsidiaries and sister companies.

Copyright and Intellectual Property Rights

All materials on this website including, without limitation, names, logos, images, graphics, software and other elements making up the REM website are protected by copyrights and other intellectual property rights owned by REM or by other parties that have licensed their materials to REM. REM's innovative services, products and its specially developed systems, business processes and technologies are the subject of a number of patents under investigation. Any party wishing to copy, derive or develop similar services or business processes is advised to contact REM in advance of so doing to ensure non-infringement of REM's intellectual property or to discuss a license to use or offer REM's services, business processes and technology. For the avoidance of doubt, the full contents of this website, unless otherwise stated, are the copyright works of REM.

Usage Rights

You may download, view, copy and print documents and graphics incorporated in this website (the "Documents") subject to the following: (a) the Documents may be used solely for personal, informational and non-commercial purposes; and (b) the Documents may not be modified or altered in any way. You may not download, upload, copy, print, display, perform, reproduce, publish, license, post, transmit or distribute any information from this website in whole or in part without the express authorization of REM. You may not remove any copyright or other proprietary notices contained in the Documents. REM reserves the right to revoke the authorization to view, download and print the Documents available on this website at any time and any such use shall be discontinued immediately upon written notice from REM.

Termination of use

You agree that REM may, in its sole discretion, at any time terminate any subscriptions or restricted access you may have in connection with the website.

Email Disclaimer

The following disclaimer is associated with all emails sent from REM email addresses or sent from other addresses by individuals representing REM. Either way, this disclaimer comes into effect for all such emails sent:

The information contained in this message (including any attachments) is confidential and may be legally privileged. If you are not the intended recipient, please permanently delete it from your system immediately. Disclosure, copying or distribution thereof or any action taken or omitted to be taken in reliance thereon is prohibited and may be unlawful. REM makes no warranty as to the accuracy or completeness of any information contained in this message and hereby excludes any liability of any kind for the information contained herein or for the transmission, reception, storage or use of such information in any way whatsoever. Any opinions expressed in this message are those of the author and do not necessarily reflect the opinion of REM

Royce Equity Management. has taken reasonable steps to ensure that this e-mail and any files attached to it are free from viruses etc. no liability is accepted arising from same. In accordance with good computing practice, all attachments should be scanned for viruses before opening and it is the responsibilities of the recipient to virus scan this E-mail. Any views expressed in this message are those of the individual sender, except where the sender specifically states them to be the views of REM. If the information contained in this message appears suspicious or malicious in nature, please report to us as specified herein.

Documentation Terms & Conditions

The REM Documentation Terms & Conditions are one and the same as above as related to all documents for all content sent out by or on behalf of REM.

Contact information

If you have any questions in relation to this policy please contact REM at info@royceequity.management. Alternatively, enquiries in writing can be sent to Royce Equity Management at 21/F CMA Building 64 Connaught Road Central Hong Kong



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