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You are about to enter the iShares Switzerland individual investors site. Please confirm you are individual investor before proceeding.
No, I'm not an intermediary
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Detailed explanation of investor types
Terms and conditions
Privacy policy

An individual investor, also known as a retail client, is a client organisation or individual who cannot meet both.

 

(i)one or more of the professional client criteria laid down in Annex II to the Markets in Financial Instruments Directive (Directive 2004/39/EC), and

(ii)one or more of the qualified investor criteria set out in Article 2 of the Prospectus Directive (Directive 2003/71/EC).

 

On this website, Intermediaries are investors that qualify as both a Professional Client and a Qualified Investor.In summary a person who can both be classified as a professional client under the _Markets in Financial Instruments Directive and a qualified investor in accordance with the Prospectus Directive will generally need to meet one or more of the following requirements:

 

(1)An entity required to be authorised or regulated to operate in the financial markets. The following list includes all authorised entities carrying out the characteristic activities of the entities mentioned, whether authorised by an EEA State or a third country and whether or not authorised by reference to a directive:

 

(a)a credit institution;

(b)an investment firm;

(c)any other authorised or regulated financial institution;

(d)an insurance company;

(e)a collective investment scheme or the management company of such a scheme;

(f)a pension fund or the management company of a pension fund;

(g)a commodity or commodity derivatives dealer;

(h)a local;

(i)any other institutional investor

 

(2) a large undertaking that meets two of the following tests:

(i)a balance sheet total of EUR 43,000,000;

(ii)an annual net turnover of EUR 50,000,000;

(iii)an average number of employees during the year of 250

 

(3)a national or regional government, a public body that manages public debt, a central bank, an international or supranational institution (such as the World Bank, the IMF, the ECB, the EIB) or another similar international organisation.

 

(4)a natural person resident in an EEA State that permits the authorisation of natural persons as qualified investors, who expressly asks to be treated as a professional client and a qualified investor and who meets at least two of the following criteria:

(i)he/she has carried out transactions on securities markets at an average frequency of, at least, 10 per quarter over the previous four quarters before the application,

(ii)the size of his/her financial instrument portfolio, defined as including cash deposits and financial instruments exceeds EUR 500.000,

(iii)he/she works or has worked for at least one year in the financial sector in a professional position which requires knowledge of securities investment.

 

Please note that the above summary is provided for information purposes only. If you are uncertain as to whether you can both be classified as a professional client under the Markets in Financial Instruments Directive and classed as a qualified investor under the Prospectus Directive then you should seek independent advice.

Terms and conditions - Individual investor

 

Legal Information

 

You are entering the website for non-qualified investors


Please read this page, as it explains certain restrictions imposed by law on the distribution of this information.

The information contained in the following pages are only available to investors resident in Switzerland.

By clicking on the button "I agree" you certify that you are an investor domiciled in Switzerland and that you have read, understood and accepted the legal terms and conditions following below.

The information on the following pages are limited to those foreign collective investment schemes managed by entities of the BlackRock Group (“Fund/s") which have been approved by the Swiss Financial Market Supervisory Authority (FINMA) for distribution in or from Switzerland to non-qualified investors in accordance with Article 119 et seq of the Federal Act on Collective Investment Schemes of 23 June 2006 ("CISA") (“foreign authorized funds”) and the Swiss iShares Funds.

The Representative of the foreign authorized funds in Switzerland within the meaning of Article 120 and 123 et seq CISA is BlackRock Asset Management Switzerland Limited, Bahnhofstrasse 39, CH -8001 Zurich. The Paying Agent of the foreign authorized funds in Switzerland within the meaning of Article 121 CISA is State Street Bank International GmbH, Munich, Zurich Branch, Beethovenstrasse 19, CH-8002 Zurich. The prospectus, the key investor information document (KIID), the Articles or the terms / the fund contract and, if applicable, the annual as well as the semi-annual reports of the foreign authorized funds are available free of charge from the representative in Switzerland.


The Management Company of the Swiss iShares Funds is BlackRock Asset Management Switzerland Limited, Bahnhofstrasse 39, CH-8001 Zurich. The prospectus including the integrated fund contract, the key investor information document (KIID), and, if applicable, the annual as well as the semi-annual reports of the Swiss iShares Funds are available free of charge from the Management Company in Switzerland.

Place of fulfillment and jurisdiction for Units distributed in Switzerland of foreign authorized funds is the registered office of the representative in Switzerland. Jurisdiction for the Swiss iShares Funds is the registered office of the Management Company.

It is your responsibility to be aware of and to observe all applicable laws and regulations of any relevant jurisdiction. The following pages do not constitute an offer or solicitation to sell shares in any of the funds referred to on this site, by anyone in any jurisdiction in which such offer, solicitation or distribution would be unlawful or in which the person making such an offer or solicitation is not qualified to do so or to anyone to whom it is unlawful to make such an offer or solicitation.

Specifically, the funds described are not available for distribution to or investment by US investors. The shares will not be registered under the US Securities Act of 1933, as amended (the "Securities Act") and, except in a transaction which does not violate the Securities Act or any other applicable US securities laws (including without limitation any applicable law of any of the States of the USA) may not be directly or indirectly offered or sold in the USA or any of its territories or possessions or areas subject to its jurisdiction or to or for the benefit of a US Person.

Applications to invest in any fund referred to on this site must only be made on the basis of the offer document relating to the specific investment (e.g. Prospectus, Simplified Prospectus or Key Investor Information Document, when implemented or other applicable terms and conditions).

As a result of money laundering regulations, additional documentation for identification purposes may be required when you make your investment. Details are contained in the relevant Prospectus, Simplified Prospectus or Key Investor Information Document, when implemented or other constitutional document.

The information contained on this site is subject to copyright with all rights reserved. It must not be reproduced, copied or redistributed in whole or in part.

The information contained on this site is published in good faith but no representation or warranty, expressed or implied, is made by BlackRock Investment Management (UK) Limited or by any person as to its accuracy or completeness and it should not be relied on as such. No information on this site constitutes investment, tax, legal or any other advice.

BlackRock Investment Management (UK) Limited shall have no liability for any loss or damage arising out of the use or reliance on the information provided including without limitation, any loss of profit or any other damage, direct or consequential.

Past performance is no guarantee of current or future performance. The value of investments and the income from them may go down as well as up and are not guaranteed. You may not get back the amount you invested. Rates of exchange may cause the value of the investments to go up or down. Fluctuation may be particularly marked in the case of a higher volatility fund and the value of an investment may fall suddenly and substantially.

For your protection, telephone calls are usually recorded. BlackRock Investment Management (UK) Limited shall have no liability for any data transmission errors such as data loss or damage or alteration of any kind, including, but not limited to, any direct, indirect or consequential damage, arising out of the use of the services provided herein.

If you are in doubt about the meaning of any information provided please consult your financial or other professional adviser.

BlackRock Asset Management Switzerland Limited, Zurich is responsible for the content of this website in Switzerland.

 

Terms and conditions - Financial Intermediaries

 

Legal Information


You are entering the website for qualified investors.


Please read this page, as it explains certain restrictions imposed by law on the distribution of this information. The information contained in the following pages is only available to self-regulated financial intermediaries with domicile/registered seat in Switzerland.

 

By clicking on the button "I agree" you certify that you are a self-regulated financial intermediary domiciled in Switzerland and that you meet the requirements pursuant to Art. 3 para 2 lit. c CISA (“IFA”) and that you have read, understood and accepted the legal terms and conditions following below.

 

The information on the following pages are limited to those foreign collective investment schemes managed by entities of the BlackRock Group ("Fund/s") which have been approved by the Swiss Financial Market Supervisory Authority (FINMA) for distribution in or from Switzerland to non-qualified investors in accordance with Article 119 et seq of the

Federal Act on Collective Investment Schemes of 23 June 2006 ("CISA"), as amended (“foreign authorized Funds”), the Swiss iShares-Funds, foreign Funds which have not been approved by FINMA but have appointed a Swiss Paying Agent and Swiss Representative (“Funds for Qualified Investors”).

 

The Representative of the foreign authorized funds in Switzerland within the meaning of Article 120 and 123 et seq CISA is BlackRock Asset Management Switzerland Limited, Bahnhofstrasse 39, CH -8001 Zurich. The Paying Agent of the foreign authorized funds in Switzerland within the meaning of Article 121 CISA is State Street Bank International GmbH, Munich, Zurich Branch, Beethovenstrasse 19, CH-8002 Zurich. The prospectus, the key investor information document (KIID), the Articles or the terms / the fund contract and, if applicable, the annual as well as the semi-annual reports of the foreign authorized funds are available free of charge from the representative in Switzerland.

 

A Swiss Representative and a Swiss Paying Agent has been appointed pursuant to Art. 120 para 4 and Art. 120 para 2 lit. d CISA for Funds for Qualified Investors and certain documents of the Funds for Qualified Investors have been updated with the necessary information.

 

Representative of the Fund/s for Qualified Investors in Switzerland within the meaning of Article 120 and 123 et seq CISA is BlackRock Asset Management Switzerland Limited, Bahnhofstrasse 39, CH -8001 Zurich. Paying Agent of the Fund/s in Switzerland within the meaning of Article 121 CISA is State Street Bank International GmbH, Munich, Zurich Branch, Beethovenstrasse 19, CH-8002 Zurich. The prospectus, the offering memorandum or the trust deed, as applicable, have been updated with the necessary information and are available free of charge from the representative in Switzerland.

 

The Management Company of the Swiss iShares-Funds is BlackRock Asset Management Switzerland Limited, Bahnhofstrasse 39, CH-8001 Zurich. The prospectus including the integrated fund contract, the key investor information document (KIID), and, if applicable, the annual as well as the semi-annual reports of the Fund/s are available free of charge from the Management Company in Switzerland.

 

Place of fulfillment and jurisdiction for Units of foreign authorized funds distributed in Switzerland is the registered office of the representative in Switzerland. Jurisdiction for the Swiss iShares-Funds is the registered office of the Management Company.

 

IIn the event that you are an IFA and fulfil the requirements of Article 3 para 2 lit. c CISA, you certify that you will use the information on this website that refer to Funds for Qualified Investors exclusively for those of your clients that are considered as qualified investors within the meaning of Article 10 CISA.
 

It is your responsibility to be aware of and to observe all applicable laws and regulations of any relevant jurisdiction. The following pages do not constitute an offer or solicitation to sell shares in any of the funds referred to on this site, by anyone in any jurisdiction in which such offer, solicitation or distribution would be unlawful or in which the person making such an offer or solicitation is not qualified to do so or to anyone to whom it is unlawful to make such an offer or solicitation.

 

Specifically, the funds described are not available for distribution to or investment by US investors. The shares will not be registered under the US Securities Act of 1933, as amended (the "Securities Act") and, except in a transaction which does not violate the Securities Act or any other applicable US securities laws (including without limitation any applicable law of any of the States of the USA) may not be directly or indirectly offered or sold in the USA or any of its territories or possessions or areas subject to its jurisdiction or to or for the benefit of a US Person.

 

Applications to invest in any fund referred to on this site must only be made on the basis of the offer document relating to the specific investment (e.g. Prospectus, Key Investor Information Document, when implemented or other applicable terms and conditions).

 

As a result of money laundering regulations, additional documentation for identification purposes may be required when you make your investment. Details are contained in the relevant Prospectus, Simplified Prospectus or Key Investor Information Document, when implemented or other constitutional document.

 

The information contained on this site is subject to copyright with all rights reserved. It must not be reproduced, copied or redistributed in whole or in part.

 

The information contained on this site is published in good faith but no representation or warranty, expressed or implied, is made by BlackRock Investment Management (UK) Limited or by any person as to its accuracy or completeness and it should not be relied on as such. No information on this site constitutes investment, tax, legal or any other advice.


BlackRock Investment Management (UK) Limited shall have no liability for any loss or damage arising out of the use or reliance on the information provided including without limitation, any loss of profit or any other damage, direct or consequential.


Past performance is no guarantee of current or future performance. The value of investments and the income from them may go down as well as up and are not guaranteed. You may not get back the amount you invested. Rates of exchange may cause the value of the investments to go up or down. Fluctuation may be particularly marked in the case of a higher volatility fund and the value of an investment may fall suddenly and substantially.


For your protection, telephone calls are usually recorded. BlackRock Investment Management (UK) Limited shall have no liability for any data transmission errors such as data loss or damage or alteration of any kind, including, but not limited to, any direct, indirect or consequential damage, arising out of the use of the services provided herein.


If you are in doubt about the meaning of any information provided please consult your financial or other professional adviser.


BlackRock Asset Management Switzerland Limited, Zurich is responsible for the content of this website in Switzerland.

 

Terms and conditions - Financial Institutions


Legal Information

 

You are entering the website for regulated financial intermediaries or regulated insurance companies.


Please read this page, as it explains certain restrictions imposed by law on the distribution of this information.

The following web pages contain information on the foreign collective investment schemes managed by entities of the BlackRock Group ("Fund/s") which have been approved by the Swiss Financial Market Supervisory Authority (FINMA) for distribution in or from Switzerland to non-qualified investors in accordance with Article 119 et seq of the Federal Act on Collective Investment Schemes of 23 June 2006 ("CISA") (the "Approved Fund/s"), the Swiss iShares Funds, foreign Funds which have not been approved by FINMA ("Not Approved Fund/s") and foreign Funds which have not been approved by FINMA but have appointed a Swiss Paying Agent and Swiss Representative (“Funds for Qualified Investors”).

Therefore, the information contained in the following pages is only directed to regulated financial intermediaries or regulated insurance companies within the meaning of Article 10 para 3 lit. a and lit. b CISA domiciled in Switzerland.

By clicking on the button "I agree" you certify that you are a regulated financial intermediary or a regulated insurance company domiciled in Switzerland and that you have read, understood and accepted the legal terms and conditions following below.

Regulated financial intermediaries or regulated insurance companies pursuant to Article 10 para 3 lit. a and lit. b CISA are essentially:

1. banks;
2. securities dealers;
3. fund management companies and asset managers of collective investment schemes; and
4. central banks;
5. regulated insurance companies.

The Representative of the Approved Funds in Switzerland within the meaning of Article 120 and 123 et seq CISA is BlackRock Asset Management Switzerland Limited, Bahnhofstrasse 39, CH -8001 Zurich. The Paying Agent of the Approved Funds in Switzerland within the meaning of Article 121 CISA is State Street Bank International GmbH, Munich, Zurich Branch, Beethovenstrasse 19, CH-8002 Zurich. The prospectus, the key investor information document (KIID), the Articles or the terms / the fund contract and, if applicable, the annual as well as the semi-annual reports of the Approved Funds are available free of charge from the representative in Switzerland.


The Management Company of the Swiss iShares Funds is BlackRock Asset Management Switzerland Limited, Bahnhofstrasse 39, CH-8001 Zurich. The prospectus including the integrated fund contract, the key investor information document (KIID), and, provided that applicable, the annual as well as the semi-annual reports of the Fund/s are available free of charge from the Management Company in Switzerland.

A Swiss Representative and a Swiss Paying Agent has been appointed pursuant to Art. 120 para 4 and Art. 120 para 2 lit. d CISA for Funds for Qualified Investors and certain documents of the Funds for Qualified Investors have been updated with the necessary information.

The Representative of the Funds for Qualified Investors in Switzerland within the meaning of Article 120 and 123 et seq CISA is BlackRock Asset Management Switzerland Limited, Bahnhofstrasse 39, CH -8001 Zurich. The Paying Agent of the Funds for Qualified Investors in Switzerland within the meaning of Article 121 CISA is State Street Bank International GmbH, Munich, Zurich Branch, Beethovenstrasse 19, CH-8002 Zurich. The prospectus, the offering memorandum or the trust deed, as applicable, have been updated with the necessary information and are available free of charge from the representative in Switzerland.

Place of fulfillment and jurisdiction for Units of Approved Funds distributed in Switzerland is the registered office of the representative in Switzerland. Jurisdiction for the Swiss iShares Funds is the registered office of the Management Company.

It is your responsibility to be aware of and to observe all applicable laws and regulations of any relevant jurisdiction. The following pages do not constitute an offer or solicitation to sell shares in any of the funds referred to on this site, by anyone in any jurisdiction in which such offer, solicitation or distribution would be unlawful or in which the person making such an offer or solicitation is not qualified to do so or to anyone to whom it is unlawful to make such an offer or solicitation.

Specifically, the funds described are not available for distribution to or investment by US investors. The shares will not be registered under the US Securities Act of 1933, as amended (the "Securities Act") and, except in a transaction which does not violate the Securities Act or any other applicable US securities laws (including without limitation any applicable law of any of the States of the USA) may not be directly or indirectly offered or sold in the USA or any of its territories or possessions or areas subject to its jurisdiction or to or for the benefit of a US Person.

Applications to invest in any fund referred to on this site must only be made on the basis of the offer document relating to the specific investment (e.g. Prospectus, Simplified Prospectus or Key Investor Information Document, when implemented or other applicable terms and conditions).


As a result of money laundering regulations, additional documentation for identification purposes may be required when you make your investment. Details are contained in the relevant Prospectus, Simplified Prospectus or Key Investor Information Document, when implemented or other constitutional document.

The information contained on this site is subject to copyright with all rights reserved. It must not be reproduced, copied or redistributed in whole or in part.

The information contained on this site is published in good faith but no representation or warranty, expressed or implied, is made by BlackRock Investment Management (UK) Limited or by any person as to its accuracy or completeness and it should not be relied on as such. No information on this site constitutes investment, tax, legal or any other advice.

BlackRock Investment Management (UK) Limited shall have no liability for any loss or damage arising out of the use or reliance on the information provided including without limitation, any loss of profit or any other damage, direct or consequential.


Past performance is no guarantee of current or future performance. The value of investments and the income from them may go down as well as up and are not guaranteed. You may not get back the amount you invested. Rates of exchange may cause the value of the investments to go up or down. Fluctuation may be particularly marked in the case of a higher volatility fund and the value of an investment may fall suddenly and substantially.

For your protection, telephone calls are usually recorded. BlackRock Investment Management (UK) Limited shall have no liability for any data transmission errors such as data loss or damage or alteration of any kind, including, but not limited to, any direct, indirect or consequential damage, arising out of the use of the services provided herein.

If you are in doubt about the meaning of any information provided please consult your financial or other professional adviser.

 

BlackRock Asset Management Switzerland Limited, Zurich is responsible for the content of this website in Switzerland.

BlackRock (“We/BlackRock”) recognizes the importance of protecting your personal and financial information when you visit our websites (each a “Website” and together “Websites”). This Policy including the Cookies Policy is designed to help you understand the information collection practices on all Websites owned or operated by or on behalf of companies within the BlackRock group of companies, including (but not limited to) blackrock.com and ishares.com, together with their local variations (for example, blackrock.co.uk; blackrock.com/de etc). Information collected on our Websites is collected by BlackRock Investment Management UK Limited. Contact information is included in this Policy and on the Website.

We are committed to:

(a)   protecting the personal data you provide to us;

(b)   telling you how we use the information we gather about you; and

(c)   ensuring that you know the circumstances under which we may disclose your personal data.

This Policy covers the privacy and data protection policies on our website, and should be read in conjunction with any other applicable policies, terms, and conditions in place between you and BlackRock.

 

Changes to this Policy

This Policy is dated 1 July 2016.

Previous versions of this Policy are available upon request. BlackRock reserves the right to amend this Privacy Policy at any time without notice, by updating this posting, in which case the date of the Policy will be revised. However, you will be asked to provide your consent to updated versions of this Policy in the event of a material change to the information contained within it. In addition, you will be asked to reaffirm your consent to this Policy on a periodic basis. The current version of this Policy can be accessed from the link on the homepage, or at the bottom of our other website pages. By accessing the Website following amendments, you are accepting the amended Policy.

 

Contact Us

If you have any questions about this Policy, or our privacy related practices, please contact us:

  • through your usual contact or at any of our [offices];
  • by email at investor.services@blackrock.com; or feedback@iShares.com
  • by phone at (BlackRock) +44 (0) 800 445 522 (iShares) +44 (0) 20 7668 8007
  • by post: Global Privacy Officer, BlackRock, 12 Throgmorton Avenue, London, EC2N 2DL

 

Data Protection and Privacy

Information Collection and Use

 

Personal Data:

The personal data and other information you submit to our Websites is used to service your account, to improve our services to you and/or to provide you with information on BlackRock products and services. The types of personal data that may be collected at our Websites include: name, address, email address and telephone number. We will not sell, share or rent your personal data to others in contravention of this Privacy Policy.

Additionally, if you are accessing parts of this Website that are password protected, then once you submit your password and enter, this Website will recognize who you are and collect all information that you submit, including all electronic information (including all transaction information).

In the password protected section of our Website, or if you are a visitor who has entered the Website via a click through link in an email which we have sent you, information about you, including information about the pages you visit, the documents you download and other information which can help us personalize our future interaction with you may be collected. Any information collected about you from this Website may be associated with other identifying information that we have about you.

 

Your Rights

You may contact us to:-

  • request that we amend, rectify, delete or update the personal data we hold about you;
  • where possible (e.g., in relation to marketing) amend or update your choices around processing;
  • request a copy of personal data held by us.

Where you would like to receive a copy of all personal data held, such request should be in writing (email or post), addressed to our Global Privacy Officer at our London Office and should contain as much information as possible to facilitate our dealing with this request.

 

Aggregate Information:

We generally record certain usage information, such as the number and frequency of visitors to our Websites. This information may include the websites that you access immediately before and after your visit to our Websites, the Internet browser you are using and your IP address. If we use such data at all it will be on an aggregate basis, and we will not disclose to third parties any information that could be used to identify you personally.

 

Sharing your information with other BlackRock companies and Service Providers

Your personal data may be collected and processed for the purposes above:

(i) By any of the companies within the BlackRock group; or

(ii) By a third party service provider engaged by us for these purposes;

BlackRock companies and service providers we engage may be based in countries outside of the European Union / EEA in countries having different standards of protection for personal data. Recipients will be required by us to protect your information in accordance with applicable data protection laws.

 

Compliance with Laws

Your personal data will be held and processed by us in accordance with applicable data protection law.

We will not provide any personal data to any other persons, except if we are required to make disclosures by any law, any government or private parties in connection with a lawsuit, subpoena, investigation or similar proceeding.

 

E-mail and Marketing

BlackRock does not sell its customers' personal data, nor will we provide your personal data to third parties for their marketing purposes without your consent. BlackRock will not send you e-mail messages without first receiving your permission, unless it relates to servicing your account or unless you have consented to receiving electronic delivery of fund documents as part of our E-Delivery service. It is our policy to include instructions for unsubscribing from these permission-based programs.

 

Business Transfers

If the business, stock or assets of BlackRock are acquired or merged with another business entity, we will share all or some of your information with this entity to continue to provide our service to you. You will receive notice of such an event and the new entity will inform you of any changes to the practices in this Privacy Policy. If the new entity wishes to make additional use of your information, you may decline such use at such time.

 

Disclosure to Third Parties

The personal data you provide to us will only be disclosed to third parties if we have your permission, or as set out in this Privacy Policy. We may disclose details about the general use of our Websites to third parties – for example, to demonstrate patterns of use to advertisers and other business partners. Information we pass on for this purpose will not include any personal data by which you may be identified. We endeavour to prevent unauthorised disclosures of your personal data by third parties but we are not responsible for any unauthorised disclosures or other breaches of security or for the actions of others if the information was passed to them with your authority or with the authority of anyone other than us or our group companies.

 

Third Party Websites

BlackRock disclaims responsibility for the privacy policies and customer information practices of third party internet websites hyperlinked from our Website or this Privacy Policy.

 

Security

We recommend that you do not send us any personal data via non secure methods of correspondence, including via public electronic communication channels, such as Internet e-mail, which are generally not secure.

BlackRock protects your personal data when you transact business on our Website by requiring the use of a browser software program that supports industry standard SSL encryption with 128-bit key lengths. The "128-bit" designation refers to the length of the key used to encrypt the data being transmitted, with a longer key representing a higher level of security.

 

Cookies Policy

What are cookies?

Cookies are small text files that are stored in your computer’s memory and hard drive, in your mobile device or tablet when you visit certain web pages. They are used to enable websites to function or to provide information to the owners of a website, or other third parties which receive data obtained from that website.

When you visit any web site, it may store or retrieve information on your browser, mostly in the form of cookies. This information might be about you, your preferences or your device and is mostly used to make the site work as you expect it to. The information does not usually directly identify you, but it can give you a more personalised web experience.

 

Why do we use cookies?

Cookies help us to provide customised services and information. We use cookies on all our Websites to tell us, in general terms, how and when pages in our Websites are visited, what our users’ technology preferences are – such as what type of video player they use – and whether our Websites are functioning properly. Depending on their purpose, some cookies will only operate for the length of a single browsing session, whilst others have a longer life span to ensure that they fulfil their longer-term purposes (as explained in more detail below). Please note that, however long the cookies’ active life may be, you can delete cookies (and therefore stop any further data collection by them) as further described below.

 

If you are using one of our password-protected sites, then the Website may use cookies or other technology to help us authenticate you, store and recognise your configuration and user attributes, facilitate your navigation of the website and customise its content so that the information made available is likely to be of more interest to you.

 

In broad terms, we use cookies on our Websites for the following purposes:

 

Analytical purposes: Analytical cookies allow us to recognise, measure and track visitors to our Websites and compile a record of this usage information. This helps us to improve and develop the way our Websites work, for example, by determining whether site visitors can find information easily, or by identifying the aspects of websites that are of the most interest to them.

Usage preferences: Some of the cookies on our Websites are activated when visitors to our sites make a choice about their usage of the site. Our Websites then ‘remember’ the settings preferences of the user concerned. This allows us to tailor aspects of our sites to the individual user.

Terms and conditions: We use cookies on our Websites to record when a site visitor has seen a policy, such as this one, or provided consent, such as consent to the terms and conditions on our Websites. This helps to improve the user’s experience of the site – for example, it avoids a user from repeatedly being asked to consent to the same terms. We also track whether a user has seen other similar documents (such as an online survey) before – again, to ensure that a user’s experience of our Websites is a smooth one.

Session management: The software that runs our websites uses cookies for technical purposes needed by the internal workings of our servers. For instance, we use cookies to distribute requests among multiple servers, authenticate users and determine what features of the site they can access, verify the origin of requests, keep track of information about a user’s session and determine which options or pages to display in order for the site to function.

Functional purposes: Functional purpose cookies store information that is needed by our applications to process and operate. For example, where transactions or requests within an application involve multiple workflow stages, cookies are used to store the information from each stage temporarily, in order to facilitate completion of the overall transaction or request.

Advertising: Advertising cookies allow us (or third parties) to monitor the behaviour of users of our Websites. This information is used to ensure that products and services highlighted to those individuals are targeted in a focused and relevant manner – e.g. through advertisements on BlackRock websites or through advertisements on third party websites (e.g. Bloomberg, Agefi.com Handlesblatt.de, etc) which are based on your experience with our Websites; or to monitor the effectiveness of those digital marketing campaigns. We also monitor whether the adverts displayed on our Websites are of interest to users and retain this information to ensure that adverts seen by users of our Websites over a period of time are appropriate.

 

Please note that third parties may use cookies. The kind of cookies and the consequent data processing carried out by such third parties are regulated by their privacy policy. Please see below.

 

Your cookie preferences

Cookies are necessary in order for you to be able to make full use of BlackRock’s Websites. In addition, cookies help us provide you with personalised features on our Websites. If you chose to disable cookies, some of BlackRock’s Website’s functionality might be impaired.

 

Local Flash Storage

On certain of our Websites, we include content designed for display using Adobe Flash Player, such as animations, videos and tools. Local flash storage (often referred to as “Flash cookies”) can be used to help improve your experience as a user. Flash storage is retained on your device in much the same way as standard cookies, but is managed directly by your Flash software.

If you wish to disable or delete information stored locally in Flash, please see the documentation for your Flash software, located at www.adobe.com. Please note that, if you disable Flash cookies, some site functionality may not work.

 

Third party cookies

When you visit our Websites, you may receive cookies that are set by third parties. These may include cookies set by Google, Bizo, LinkedIn, AppNexus, Xaxis, MediaMind and/or Rocketfuel. These cookies are used for the purposes described in the “Why Do We Use Cookies?” section of this policy. We do not control the setting of these third party cookies, so we suggest you might wish to check the third party websites for more information about their use of cookies and how to manage them.

 

Host

Type

 

Third Party

 

Privacy Policy

Doubleclick.net

Advertising

 

Google

 

Google Privacy

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