Terms and Conditions of Use 

Please read these Terms and Conditions of Use carefully. By visiting or using www.analytics.causewaycap.com (this “Site”) and the Risk Lens offered on this Site (the “Analytical Tool”), you agree that you understand and intend these Terms and Conditions of Use to be the legal equivalent of a signed, written contract, and you accept the Terms and Conditions of Use as set forth herein and agree to be legally bound by them. If you do not agree to these Terms and Conditions of Use, please do not access this Site, any pages thereof or the Analytical Tool.

Causeway Capital Management LLC or its affiliates (collectively, “Causeway”) own and operate this Site. Causeway reserves the right to and may periodically modify, add, or remove portions of these Terms and Conditions of Use at any time, and any such modifications will be effective immediately upon posting.  You acknowledge that by accessing our website or using the Analytical Tool after we have posted changes to these Terms and Conditions of Use, you are agreeing to these Terms and Conditions of Use as modified. Causeway may modify, suspend, discontinue, or restrict the use and availability of any portion of this Site at any time, without notice or liability. Your use of this Site and the Analytical Tool may be monitored by Causeway and used for Causeway’s internal business purposes, without liability. 

IF YOU DO NOT AGREE TO THESE TERMS AND CONDITIONS OF USE, DO NOT USE THIS SITE OR THE ANALYTICAL TOOL.  

The information provided on this Site is not intended for distribution to, or use by, any person or entity in any jurisdiction or country where such distribution or use would be contrary to law or regulation or which would subject Causeway to any registration requirement within such jurisdiction or country.

Neither the information nor any opinion contained on this Site constitutes a solicitation or offer by Causeway to buy or sell any securities, futures, options or other financial instruments, nor shall any such security be offered or sold to any person in any jurisdiction in which such offer, solicitation, purchase or sale would be unlawful under the securities laws of such jurisdiction.  Nothing contained on this Site constitutes or provides any investment, legal, tax, accounting, regulatory or insurance advice.

Because of the global nature of the Internet, you agree to comply with all applicable laws and rules with respect to your account and your online conduct, including all laws, rules, codes, regulations, decrees, acts, orders, directives, legislation, bills, and statutes of the country in which you reside and the country from which you access this Site, including without limitation, all laws, rules, codes, regulations, decrees, acts, orders, directives, legislation, bills, and statutes pertaining to tax, contracts, intellectual property, securities, e-commerce, banking, technology, computers, fraud, privacy, and the transmission of technical data exported from the United States. 

DISCLAIMER OF WARRANTY AND LIMITATION OF LIABILITY 

THE INFORMATION, DATA, REPORTS, CONTENTS, DOCUMENTS, GRAPHICS, SOFTWARE, FEEDS, PRODUCTS, SERVICES, TOOLS OR OTHER MATERIALS AVAILABLE FROM, GENERATED BY, OR OBTAINED FROM THIS SITE, INCLUDING THE ANALYTICAL TOOL (COLLECTIVELY, THE “MATERIALS”) ARE PROVIDED “AS IS” AND “AS AVAILABLE,” WITHOUT WARRANTY OF ANY KIND. CAUSEWAY DOES NOT WARRANT THE ACCURACY OF THE MATERIALS, EITHER EXPRESSLY OR IMPLIEDLY, FOR ANY PARTICULAR PURPOSE AND EXPRESSLY DISCLAIMS ALL WARRANTIES AND CONDITIONS WITH REGARD TO THIS SITE AND THE MATERIALS, INCLUDING ANY WARRANTIES OF MERCHANTABILITY, FITNESS FOR A PARTICULAR PURPOSE, TITLE OR NONINFRINGEMENT. CAUSEWAY WILL NOT BE RESPONSIBLE FOR ANY LOSS OR DAMAGE THAT COULD RESULT FROM INTERCEPTION BY THIRD PARTIES OF ANY INFORMATION MADE AVAILABLE TO YOU VIA THIS SITE. ALTHOUGH THE INFORMATION PROVIDED TO YOU ON THIS SITE IS OBTAINED OR COMPILED FROM SOURCES WE BELIEVE TO BE RELIABLE, CAUSEWAY CANNOT AND DOES NOT GUARANTEE THE CORRECTNESS, VALIDITY, QUALITY, RELIABILITY, PERFORMANCE, CONTINUED AVAILABILITY, TIMELINESS OR COMPLETENESS OF ANY INFORMATION OR DATA, INCLUDING THE MATERIALS, MADE AVAILABLE TO YOU FOR ANY PARTICULAR PURPOSE. WE DO NOT WARRANT THAT THIS SITE OR ANY MATERIALS WILL BE PROVIDED ON AN UNINTERRUPTED OR ERROR-FREE BASIS, THAT DEFECTS WILL BE CORRECTED, THAT THIS SITE OR THE SERVER THAT MAKES IT AVAILABLE ARE FREE OF VIRUSES OR OTHER HARMFUL COMPONENTS, OR THAT THEY ARE FREE FROM ANY BREACH OF SECURITY (INCLUDING DATA BREACH(ES)). THE USE OF THIS SITE AND THE MATERIALS IS AT YOUR SOLE RISK. NEITHER CAUSEWAY, NOR ANY OF ITS AFFILIATES, OR ITS OR ITS AFFILIATE’S MEMBERS, MANAGERS, OFFICERS OR EMPLOYEES, NOR ANY THIRD-PARTY VENDOR, WILL BE LIABLE OR HAVE ANY RESPONSIBILITY OF ANY KIND FOR ANY LOSS OR DAMAGE THAT YOU INCUR IN THE EVENT OF ANY FAILURE OR INTERRUPTION OF THIS SITE, OR RESULTING FROM THE ACT OR OMISSION OF ANY OTHER PARTY INVOLVED IN MAKING THIS SITE OR THE MATERIALS AVAILABLE TO YOU, OR FROM ANY OTHER CAUSE RELATING TO YOUR ACCESS TO, INABILITY TO ACCESS, OR USE OF THE SITE OR THE MATERIALS, WHETHER OR NOT THE CIRCUMSTANCES GIVING RISE TO SUCH CAUSE MAY HAVE BEEN WITHIN THE CONTROL OF CAUSEWAY OR OF ANY VENDOR PROVIDING SOFTWARE OR SERVICES SUPPORT. IN NO EVENT WILL CAUSEWAY OR ANY SUCH PARTIES BE LIABLE TO YOU FOR ANY DIRECT, SPECIAL, INDIRECT, PUNITIVE, CONSEQUENTIAL, INCIDENTAL DAMAGES OR ANY OTHER DAMAGES OF ANY KIND EVEN IF CAUSEWAY OR ANY OTHER PARTY HAS BEEN ADVISED OF THE POSSIBILITY THEREOF.

ANY MATERIALS DOWNLOADED OR OTHERWISE OBTAINED THROUGH THIS SITE ARE AT YOUR OWN RISK. YOU ARE SOLELY RESPONSIBLE FOR ANY DAMAGE TO YOUR COMPUTER SYSTEM OR OTHER EQUIPMENT, OR LOSS OF DATA THAT RESULTS FROM SUCH MATERIALS DOWNLOADED OR OTHERWISE OBTAINED FROM THIS SITE.

Decisions based on information contained on this Site are the sole responsibility of the visitor. In exchange for using this Site, you agree to indemnify, defend, and hold harmless Causeway, its affiliates, and its and its affiliate’s members, managers, officers or employees, from and against all claims, demands, liabilities, damages, losses, costs and expenses, including but not limited to reasonable attorney’s fees and costs, arising out of or related to your use of this Site or the Materials, or any violation by you of these Terms and Conditions of Use or from any decisions that you make based on such information. You will cooperate with Causeway in the defense of any claim. We reserve the right to assume the exclusive defense and control of any matter subject to indemnification by you.

LIMITS ON USES

Except as otherwise stated in these Terms and Conditions of Use or as expressly authorized by Causeway in writing, you may not (or enable others to):

  • Modify, copy, screen capture, distribute, forward, transmit, post, display, perform, reproduce, publish, broadcast, license, monetize, create derivative works from, transfer, sell, or exploit the Materials, except that you may view the Materials in their present form;
  • Engage in any conduct that could damage, disable, or overburden (i) this Site, (ii) any Materials or services provided through this Site, or (iii) any systems, networks, servers, or accounts related to this Site, including without limitation, using devices or software that provide repeated automated access to this Site, other than those made generally available by Causeway;
  • Probe, scan, or test the vulnerability of any Materials, services, systems, networks, servers, or accounts related to this Site or attempt to gain unauthorized access to Materials, services, systems, networks, servers, or accounts connected or associated with this Site through hacking, password or data mining, scraping, or any other means of circumventing any access-limiting, user authentication or security device of any Materials, services, systems, networks, servers, or accounts related to this Site;
    • Modify, copy, obscure, remove, or display Causeway’s name, logo, trademarks, text, notices, or images without Causeway’s express written permission or create the impression of affiliation, sponsorship or endorsement by Causeway;
    • Monitor the Site’s availability, performance or functionality for any competitive purpose; or
    • Use the contact information provided on the Site for unauthorized purposes, including marketing.

The Site, including the Materials, may be accessed and used solely for your educational and noncommercial purposes. You should not construe any information or other content available through this Site as investment, accounting, legal or tax advice. This Site does not represent that the securities, products or services described herein are suitable for any specific investor. You alone will bear the sole responsibility of evaluating the merits and risks associated with the use of any Materials on this Site before making any decisions based on such Materials. You agree that the Analytical Tool is only one of many tools you may use as part of a comprehensive investment education process, that you should not and will not rely on the Analytical Tool or other Materials as the primary basis of your investment decisions and Causeway will not be liable for decisions/actions you take or authorize third parties to take on your behalf based on information you receive as a user of the Analytical Tool or information you otherwise see on our Site.  You should obtain relevant and specific professional investment advice before making any investment decision and are advised not to rely on any information contained on this Site, including the Materials, in the process of making a fully informed investment decision. Causeway will not treat users of this Site as clients or customers by virtue of accessing this Site. In exchange for using the Site, including the Materials, to the extent permitted by applicable law, you agree not to hold Causeway or its third-party information providers liable for any possible claim for damages arising from any decision you make based on the Materials made available to you through this Site. By providing access to other websites, if any, Causeway is not recommending the purchase or sale of the securities issued by any company, nor is it endorsing services provided by any website’s sponsoring organization. 

You expressly absolve and release Causeway, its affiliates, and all of its and its affiliate’s members, managers, officers, employees,  agents, licensors and suppliers from any claim of harm resulting from a cause beyond its control including, but not limited to, the failure of electronic or mechanical equipment or communication lines, telephone or other interconnect problems, computer viruses or software failures, unauthorized access, theft, operator errors, severe weather, earthquakes, or natural disasters, strikes or other labor problems, wars, acts of domestic or foreign terrorism or governmental restrictions.

ANALYTICAL TOOL AND PREDICTIONS

The Analytical Tool is an investment analysis tool provided at your request and for illustration only. It is not intended to be relied on for investment advice. The risk comparisons are calculated by Causeway’s model as of the reference date and are subject to change. Results may vary with each use and over time. There is no guarantee that any forecasts made will come to pass. Please see important disclosures accompanying the Analytical Tool for more information. Causeway makes no representation regarding the likelihood or probability that any actual or hypothetical investment will in fact achieve a particular outcome or perform in any predictable manner. Any comparison to indices are provided for illustrative purposes only.

TIMELINESS OF CONTENT

All Materials are presented only as of the date published or indicated, and may be superseded by subsequent market events or for other reasons.  Causeway is under no obligation to update or supplement this Site. In addition, you are responsible for setting the cache settings on your browser to ensure you are receiving the most recent data.

LINKED SITES

Some pages on this Site may contain information maintained by third parties. Although the information is believed to be reliable, Causeway does not guarantee the timeliness, accuracy or suitability of such information in any way and anyone who acts on the information does so entirely at his or her own risk. Causeway is not responsible for the content of any links to off-site pages, nor is it responsible for any websites that may contain links to this Site. Any such website will not have been reviewed by Causeway, who shall not be liable for any loss or damage arising from your reliance upon information therein. Following links to any off-site pages or other websites shall be entirely at your own risk.

INTELLECTUAL PROPERTY

This Site, including the Materials, is owned by Causeway, and is protected under copyright, trademark and other intellectual property laws of the United States and other countries as well as by international treaties and conventions. Using, copying or storing any portion of this Site for other than your personal, informational, educational, and non-commercial use without our prior written consent is expressly prohibited. The logos, service marks and trademarks of Causeway are owned exclusively by us, and all other trademarks, product names, company names or logos on the Site or Materials are the property of their respective owners. You agree that you will not copy or remove or obscure any copyright or other notices or legends contained in any Materials or otherwise found on this Site, and that you will abide by all applicable copyright, trademark and other intellectual property laws. Causeway Capital Management LLC® and Causeway Analytics® are registered in the U.S. Patent and Trademark Office.

MSCI has not approved, reviewed or produced this Site, makes no express or implied warranties or representations and is not liable whatsoever for any data on the Site.  You may not redistribute the MSCI data or use it as a basis for other indices or investment products.

JURISDICTION

Any action arising out of these Terms and Conditions or the Site shall be litigated in, and only in, courts located in California, and you agree to submit to the exclusive jurisdiction of those courts and further agree that they are a convenient forum for you.

INTEGRATION AND SEVERABILITY

If any provision of these Terms and Conditions of Use is deemed unlawful, void, or unenforceable, then that provision will be deemed severable from these Terms and Conditions of Use and will not affect the validity and enforceability of the remaining provisions. These Terms and Conditions of Use represent your entire agreement relating to the subject matter herein.

TERMINATION

The rights granted to you herein terminate immediately upon any violation by you of these Terms and Conditions of Use. Causeway has the right, in its sole discretion, to take any action against you that we deem necessary or appropriate if we believe that you are violating these Terms and Conditions of Use or applicable law, infringing any intellectual property right or other right of any other person or entity, or are creating liability for Causeway. In these cases we will take appropriate legal actions, including without limitation referral to law enforcement. We may also temporarily or permanently terminate your access to and use of this Site or the Materials at any time and for any or no reason whatsoever, without notice or liability. Causeway will not be liable to you or any third party for any termination of your access to or use of this Site.

PRIVACY

Please read Causeway’s Privacy Policy for a summary of Causeway’s privacy practices.

QUESTIONS

If you have any questions or comments about these Terms and Conditions of Use, please contact us at 310.231.6100.