Terms & Conditions


Last updated: 7 January 2020

Our website is directed to people residing in the United Kingdom and Belgium https://www.nipponactivevaluefund.com (“our site”). We do not represent that content available on or through our site is appropriate for use or available in other locations. The information in this site does not constitute an offer or solicitation of an offer to buy or sell any investments or to engage in any investment activity in any jurisdiction where such activity would be contrary to local law or regulation. Persons in jurisdictions where these activities are restricted or prohibited must not access or use this site. It is your responsibility to be aware of and comply with any relevant laws or regulations applicable in your jurisdiction.

What’s in these terms?

These terms tell you the rules for using our site. For the purposes of these terms “our site” does not include services which are provided by us which you may initially access and/or register for via our site – these services are subject to separate terms as described below.

Who we are and how to contact us

https://www.nipponactivevaluefund.com is a site operated by Nippon Active Value Fund plc (“we”, “us”, “our”). We are registered in England and Wales under company number 12275668 and have our registered office at Mermaid House, 2 Puddle Dock, London, United Kingdom, EC4V 3DB.

We are a public limited company.

To contact us, please info@nipponactivevaluefund.com

By using our site you accept these terms

By using our site, you confirm that you accept these terms of use and that you agree to comply with them.

If you do not agree to these terms, you must not use our site.

We recommend that you print a copy of these terms for future reference.

There are other terms that may apply to you

Our Privacy Policy sets out how we use your personal data (see How we may use your personal information below).

We may make changes to these terms

We amend these terms from time to time. Every time you wish to use our site, please check these terms to ensure you understand the terms that apply at that time.

We may make changes to our site

We may update and change our site from time to time to reflect changes to our services, our users’ needs and our business priorities.

We may suspend or withdraw our site

Our site is made available free of charge.

We do not guarantee that our site, or any content on it, will always be available or be uninterrupted. We may suspend or withdraw or restrict the availability of all or any part of our site for business and operational reasons. We will try to give you reasonable notice of any suspension or withdrawal.

You are also responsible for ensuring that all persons who access our site through your internet connection are aware of these terms of use and other applicable terms and conditions, and that they comply with them.

How you may use material on our site

We are the owner or the licensee of all intellectual property rights in our site, and in the material published on it. Those works are protected by copyright laws and treaties around the world. All such rights are reserved.

Our status (and that of any identified contributors) as the authors of content on our site must always be acknowledged.

You must not use any part of the content on our site for commercial purposes without obtaining a licence to do so from us or our licensors.

You may download or print out a hard copy of pages from this site or the material made available on it for your personal reference. However, you must not make any copy of the material on this site for public or commercial use without our prior written consent. You must not modify the paper or digital copies of any materials you have printed off or downloaded in any way.

If you print off, copy or download any part of our site in breach of these terms of use, your right to use our site will cease immediately and you must, at our option, return or destroy any copies of the materials you have made.

Information about the Company

You may obtain copies of any prospectus, together with any supplementary prospectus, if published, and the annual and interim report and accounts issued by us from time to time free of charge by contacting us at Mermaid House, 2 Puddle Dock, London, United Kingdom, EC4V 3DB, or these can be downloaded directly from this site once they are available.

We do not provide financial, investment, tax or other advice. If you are unsure as to whether an investment in us is suitable for you, you should seek your own professional advice.

Risk Warnings

It should not be assumed that an investment into us will be profitable. Past performance is not necessarily a guide to future performance. The value of investments and the income from them may fall as well as rise, may be affected by changes in rates of exchange, and you may not get back the amount of your original investment.

Our trade marks

You are not permitted to use our trade marks without our approval, unless they are part of material you are using as permitted under How you may use material on our site.

Do not rely on information on this site

The content on our site is provided for general information only. It is not intended to amount to advice on which you should rely. You must obtain professional or specialist advice before taking, or refraining from, any action on the basis of the content on our site.

Although we make reasonable efforts to update the information on our site, we make no representations, warranties or guarantees, whether express or implied, that the content on our site is accurate, complete or up to date.

Certain information contained on our site may from time to time include information that relates to specified investments or regulated activity. In such circumstances, your attention is drawn to any disclaimers or terms and conditions stated on such information.

Our shares are admitted to trading on the Specialist Fund Segment of the London Stock Exchange. The Specialist Fund Segment is intended for institutional, professional, professionally advised and knowledgeable investors who understand, or who have been advised of, the potential risk of investing in companies admitted to the Specialist Fund Segment. Further, the shares are only suitable for investors: (i) who understand and are willing to assume the potential risks of capital loss; (ii) for whom an investment in the shares is part of a diversified investment programme; and (iii) who fully understand and are willing to assume the risks involved in such investment. It should be remembered that the price of the shares can go down as well as up and that investors may not receive, on the sale or cancellation of the shares, the amount that they invested. If you are in any doubt about the contents of this website, you should consult your accountant, legal, professional or financial advisers.

We are not responsible for websites we link to

Where our site contains links to other sites and resources provided by third parties, these links are provided for your information only. Such links should not be interpreted as approval by us of those linked websites or information you may obtain from them.

We have no control over the contents of those sites or resources.

Our responsibility for loss or damage suffered by you

  • We do not exclude or limit in any way our liability to you where it would be unlawful to do so. This includes liability for death or personal injury caused by our negligence or the negligence of our employees, agents or subcontractors and for fraud or fraudulent misrepresentation.
  • We exclude all implied conditions, warranties, representations or other terms that may apply to our site or any content on it.
  • We will not be liable to you for any loss or damage, whether in contract, tort (including negligence), breach of statutory duty, or otherwise, even if foreseeable, arising under or in connection with:
    • use of, or inability to use, our site; or
    • use of or reliance on any content displayed on our site.
  • In particular, we will not be liable for:
    • loss of profits, sales, business, or revenue;
    • business interruption;
    • loss of anticipated savings;
    • any loss of data or damage to equipment following use of our site (including, but not limited to, any such damage or loss caused due to any technologically harmful material which may have infected our site);
    • loss of business opportunity, goodwill or reputation; or
    • any indirect or consequential loss or damage.

You shall indemnify us from and against all actions, claims, proceedings, costs and damages (including any damages or compensation paid by us on the advice of our legal advisors to compromise or settle any claim) and all legal costs or expenses arising out of your use of the site and any breach by you of any terms and conditions contained in these terms and conditions.

How we may use your personal information

We will only use your personal information as set out in our privacy and cookies policy

We are not responsible for viruses and you must not introduce them

We do not guarantee that our site will be secure or free from bugs or viruses.

You are responsible for configuring your information technology, computer programmes and platform to access our site. You should use your own virus protection software.

You must not misuse our site by knowingly introducing viruses, trojans, worms, logic bombs or other material that is malicious or technologically harmful. You must not attempt to gain unauthorised access to our site, the server on which our site is stored or any server, computer or database connected to our site. You must not attack our site via a denial-of-service attack or a distributed denial-of service attack. By breaching this provision, you would commit a criminal offence under the Computer Misuse Act 1990. We will report any such breach to the relevant law enforcement authorities and we will co-operate with those authorities by disclosing your identity to them. In the event of such a breach, your right to use our site will cease immediately.

Rules about linking to our site

You may link to our home page, provided you do so in a way that is fair and legal and does not damage our reputation or take advantage of it. Any link must not suggest or imply that our site is appropriate for domestic or private use by consumers.

You must not establish a link in such a way as to suggest any form of association, approval or endorsement on our part where none exists.

You must not establish a link to our site in any website that is not owned by you.

Our site must not be framed on any other site, nor may you create a link to any part of our site other than the home page.

We reserve the right to withdraw linking permission without notice.

If you wish to link to or make any use of content on our site other than that set out above, please contact us (see Who we are and how to contact us above).

Which country’s laws apply to any disputes?

These terms of use, their subject matter and their formation (and any non-contractual disputes or claims) are governed by English law. We both agree to the exclusive jurisdiction of the courts of England and Wales.