T Bailey

Legal information

LEGAL & REGULATORY INFORMATION

This information has been issued by T. Bailey Asset Management Limited (TBAM) which is authorised and regulated in the United Kingdom by the Financial Services Authority and is a member of the Investment Management Association (IMA).

The following information explains certain legal and regulatory restrictions in relation to the information contained in this website and the countries in which T. Bailey funds are authorised.

Important information regarding the use of this website

Please read the information on this page as it contains the legal and regulatory restrictions which apply to any investment in our products or services. If you continue to browse and use this website you are agreeing to comply with and be bound by the following terms and conditions of use, which together with our Privacy Policy govern T. Bailey Asset Management and T. Bailey Fund Managers' ("T. Bailey's") relationship with you in relation to this website.

This website and these terms and conditions are issued by:

Both TBAM and TBFM are authorised and regulated by the Financial Services Authority.

Intended audience and use of website content

Nothing contained on this website constitutes investment advice and it is important that you do not rely upon its content to make investment decisions.

This site is targeted at and intended for the use of UK residents only. No offer or invitation is made to any other persons. In particular, no offer or invitation is made to any US persons (being resident in the United States of America or partnerships or corporations organised under the laws of the United States of America or any state, territory or possession thereof), who are excluded from the services or products offered in this site.

The jurisdictions in which the T. Bailey funds are currently authorised are as follows: T. Bailey ISAs and Unit Trusts are authorised in the UK only. Please note that T. Bailey may from time to time introduce new funds or achieve registration of existing funds in other countries. You are therefore urged to contact T. Bailey to check the current position.

Whilst T. Bailey uses all reasonable efforts to ensure that the information on this website is accurate and up to date, neither we nor any third parties provide any warranty or guarantee as to the accuracy, timeliness, performance, completeness or suitability of the information and materials found or offered on this website for any particular purpose. T. Bailey accepts no liability for any damage or loss of profit whether direct, indirect or consequential in respect of the use of this website or its content. However, we do not exclude or restrict any liability that we may have under the Financial Services Authority rules and principles and any other applicable law or regulations in England and Wales.

The content of the pages of this website is for your general information and use only. The information contained in this website may be changed by T. Bailey at any time without notice.
Your use of any information or materials on this website is entirely at your own risk, for which we shall not be liable. It shall be your own responsibility to ensure that any products, services or information available through this website meet your specific requirements.

From time to time this website may also include links to other websites. These links are provided for your convenience to provide further information. They do not signify that we endorse the website(s). We have no responsibility for the content of the linked website(s). You may not create a link to this website from another website or document without T. Bailey's prior written consent.

Unauthorised use of this website may give rise to a claim for damages and/or be a criminal offence.

Risk Warnings

The value of investments and the income from them may go down as well as up and you may not get back your original investment.

Past performance is not a reliable indicator of future performance.

Emerging markets tend to be more volatile than more established stockmarkets and therefore your money is at greater risk. Other risk factors such as political and economic conditions should also be considered.

Funds investing in overseas securities are exposed to and can hold currencies other than sterling. As a result, exchange rate movements may cause the value of investments to decrease or increase.

Where a Fund holds a limited number of investments and one or more of those investments declines or is otherwise adversely affected, it may have a more pronounced effect on the Fund's value than if a larger number of investments were held.

An investment in futures and options might be volatile.

Funds which specialise in a particular region or market sector are more risky than those which hold a very broad spread of investments.

Smaller companies are less liquid than larger companies, which means that fluctuations in price may be greater than for larger companies.

Your money is more secure in a deposit account where only the level of interest paid may fluctuate.

Yield

The level of yield is subject to fluctuation and is not guaranteed.

The difference between the redemption and the running (or income) yield is that the redemption yield gives a more long term view, taking into account expected capital repayments as well as income payments should the bonds in the fund be held for 10 years.

The running (or income) yield gives an indication of the income to be paid based on the Fund's current bond holdings.

When a Fund holds high yielding bonds there is an increased risk of capital erosion through default or if the redemption yield is below the income yield. You should also be aware that economic conditions and changes to interest levels may significantly impact the values of high yield bonds.

Information, not advice

T. Bailey does not give investment advice based on individual circumstances. If you have any doubt whether any of the T. Bailey funds are suitable for you and you wish to obtain personal advice, please contact an independent financial adviser.

Personal Investing

For the T. Bailey Growth Fund, T. Bailey Equity Income Fund, T. Bailey Cautious Managed Fund and the T. Bailey UK Best Ideas Fund some or all of the annual management fee is currently charged to the capital of the Fund. Whilst this increases the yield, it will restrict the potential for capital growth.

T. Bailey does not give investment advice based on individual circumstances. If you have any doubt whether any of the T. Bailey funds are suitable for you and you wish to obtain personal advice, please contact an independent financial adviser.

An application for any of the T. Bailey funds can be made by completing the relevant application form. Investors must read the relevant terms and conditions and the simplified prospectus/key features document that apply to the chosen T. Bailey fund. A full prospectus can be obtained from T. Bailey Asset Management Limited, 64 St. James Street, Nottingham, NG1 6FJ. Copies of the half yearly and annual reports may also be obtained from this address.

For investors based in the EU, the cancellation provisions in the Financial Services (Distance Marketing) Regulations 2004 may apply where the agreement to purchase shares or shares has been carried out by way of distance selling.

Complaints

If you wish to complain about any aspect of the service you have received, or any aspect of this site, please contact us at:

Compliance Officer
T. Bailey Asset Management Limited
64 St. James's Street
Nottingham
NG1 6FJ

For non-UK investors, compensation under the Financial Services Compensation Scheme may be available if you qualify as an "eligible complainant" under the Compensation rules of the Financial Services Authority.

Anti-Money Laundering Requirements

We are obliged under the Money Laundering Regulations to obtain independent documentary evidence of identity. Details of the procedures for the identification of investors are contained in the relevant application form. If you have any questions about the information required please consult your independent financial adviser.

Unit Trusts

The T. Bailey unit trusts are collective investment schemes authorised by the Financial Services Authority. Before making any investment in the unit trusts, you should ensure that you read the relevant Simplified Prospectus and, if appropriate, the ISA Terms and Conditions. These are all available on this site, or by contacting T. Bailey Asset Management Limited, 64 St. James's Street, Nottingham, NG1 6FJ.

Individual Savings Accounts (ISAs)

With effect from 6 April 2008, all Personal Equity Plans (PEPs) were automatically reclassified as Individual Savings Accounts (ISA). In addition to this Mini Cash ISAs became Cash ISAs and Maxi ISAs containing only stocks and shares became Stocks and Shares ISAs. Maxi ISAs containing both cash and stocks and shares were separated into a Cash ISA and a Stocks and Shares ISA, although T. Bailey only offers Stocks and Shares ISAs.

Tax free means free of income tax and capital gains tax. ISAs are subject to government legislation and as such their tax benefits may be changed in the future.

The value of current tax relief depends on individual circumstances. If you have doubts about your tax position, you should seek professional advice.

E-mail

Messages that you send to us by e-mail may not be secure. We recommend that you do not send any confidential information to us by e-mail. If you choose to send any confidential information to us via e-mail you do so at your own risk with the knowledge that a third party could intercept this information. You will be responsible for ensuring that any electronic message or information you send to us is free from any virus or defect that may harm our systems in any way.

Legal Information / Notice

This website contains material which is owned by or licensed to us. This material includes, but is not limited to, the design, layout, look, appearance and graphics. Reproduction is prohibited other than with the prior written permission of T. Bailey.  All trademarks reproduced in this website, which are not the property of, or licensed to the operator, are acknowledged on the website.

Your use of this website and any dispute arising out of such use of the website is subject to the laws of England and Wales.

Telephone calls may be recorded for monitoring and training purposes.

Each time you use the site, a condition of use is that you comply with the above terms.