Our Approach to ESG

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Terms and conditions

        Maple-Brown Abbott may make changes to the Terms from time to time without prior notice to you. By continuing to access this website, you are deemed to have accepted such changes and that Maple-Brown Abbott has no obligation to notify you of any such changes.
        
        Investors outside of Australia

        Access to this website may be restricted by law in certain jurisdictions. Maple-Brown Abbott does not make any representation that the use of this information is permitted in locations other than Australia.
         
        Information on this website 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 Maple-Brown Abbott or its associated parties to any registration or other requirement within that jurisdiction or country.
        
        No U.S. Persons

        The information on this website is not available to US persons, as defined under Regulation S of the U.S. Securities Act of 1933, as amended (US Person). As such by accepting these Terms you represent and warrant that you: (i) are not a US Person; (ii) are not acting on for the account or benefit of any US Person; and (iii) will not provide or otherwise make available any information herein to any US Person.
        
        Limit of liability
        
        The information is believed to be accurate at the time of compilation and is provided by Maple-Brown Abbott in good faith. However, the use of this website is at your sole risk. Maple-Brown Abbott makes no representation or warranty as to the quality, completeness, accuracy, reliability, timeliness or currency of information contained on this website.
         
        To the full extent permitted by law, Maple-Brown Abbott and their associated parties exclude all liability for any direct or indirect loss or damage arising in any way from errors or omissions in the information on this website, and exclude all responsibility for any direct or indirect loss or damage arising in any way as a result of any person using this website or relying on, using or downloading anything from this website.
         
        Liability for negligence, breach of contract, or contravention of any law as a result of a failure to provide this information, or any part of it, or for any problems with this information, which cannot be lawfully excluded, is limited, at Maple-Brown Abbott’s option, and to the maximum extent permitted by law, to resupplying this information or any part of it to you, or paying for the resupply of this information or any part of it to you.
         
        Errors, omissions, interruptions and delays of services may occur at any time on the internet as it is not a totally reliable or secure medium of communication. Maple-Brown Abbott accepts no liability for the consistency, security and confidentiality of any information sent over the internet and any transmissions over the internet are entirely at the user's risk.
        
        Current offer document

        The provision of material on this website is not an invitation to enter into any legal agreement of any kind. Maple-Brown Abbott is the product issuer. The information on this website does not constitute an offer, a recommendation, or invitation to invest in any investments, securities or financial products of Maple-Brown Abbott. The offer to invest in a Mable-Brown Abbott financial product will be made in a copy of the offer document, the Product Disclosure Statement and Additional Information Booklet (together, PDS) or prospectus, either downloaded from this website or provided by us in hard copy form. The PDS or other disclosure document and the Target Market Determination for the relevant financial product should be considered before deciding whether to acquire or continue to hold units in that financial product.
        
        General information

        This website provides general information about Maple-Brown Abbott and the investment vehicles which it manages/operates. The information on this website does not provide any financial product or investment advice. It should not be construed as a recommendation to invest in any particular financial product offered by Maple-Brown Abbott.
         
        Neither Maple-Brown Abbott nor its associated parties make any representation nor give any guarantee as to the future performance or success of, the rate of income or capital return from, recovery of money invested in, or income tax or other taxation consequences of, any financial product shown on this website.
         
        The information on this website does not take into account the investment objectives, financial situation or particular needs of any person and should not be used as the basis for making investment, financial or other decisions. We do not give advice in relation to any particular investment, security or financial product offered by Maple-Brown Abbott or any associated parties. Before making an investment decision, you should obtain and consider the relevant PDS, and you should seek independent advice and consider whether an investment is appropriate in light of your particular investment needs, objectives and financial circumstances.
        
        Past performance

        Past performance is not a reliable indicator of future performance. Investment is subject to certain risks including the loss of capital invested. Unless otherwise stated, all figures and amounts displayed on this website are in Australian dollars. All asset values are based on our most recent valuations. As pricing frequencies and valuation methodologies differ for the various types of assets, the asset values shown may not be current and, therefore, you shouldn’t rely on them as the basis for trading investments in your account. Returns are volatile and may fluctuate quickly and significantly.
        
        Market Highlights

        The views expressed in any articles are the author’s alone. They should not be otherwise attributed. These views are current as at the date of production and can change day to day. Maple-Brown Abbott may or may not hold securities mentioned.
        
        Intellectual property rights, trademarks and copyright

        Copyright, trademarks, intellectual property rights, database rights and all similar rights in this website and the information contained in it are owned by Maple-Brown Abbott or its associated parties. You may use the information on this website and reproduce it in hardcopy for your own personal reference only provided that you do not remove any copyright notices, disclaimers or any Maple-Brown Abbott trademarks or logos. Except for this purpose or as permitted by law, none of the information on this website may be reproduced, adapted, uploaded to a third party, linked to, framed, performed in public, distributed or transmitted in any form by any process without the express written consent of Maple-Brown Abbott or, in the case of third party material, from the owner of the copyright in that material.
        
        Links to and from other websites

        This website may contain links to other websites. Neither Maple-Brown Abbott, nor any associated party make any representation or warranty as to the accuracy, quality, currency or any other aspect of the information contained in those linked websites. A link to another website is not and should not be construed as an endorsement or recommendation by Maple-Brown Abbott or any associated party of the goods or services offered on that other website or the information contained in that other website. You agree that you will not create any link to any page within this website without Maple-Brown Abbott's express written permission.
        
        Privacy, records and cookies

        You authorise Maple-Brown Abbott to keep records of your access to this website and to utilise cookies, including placing cookies on your computer, during your access to this website.
         
        You acknowledge and agree that the collection, disclosure and/or use of information about you from accessing this website will be subject to the terms of Maple-Brown Abbott's Privacy Policy.
        
        Governing law

        These Terms are governed by the laws applicable in the State of New South Wales, Australia and each party irrevocably submits to the non-exclusive jurisdiction of the courts of that State.
        
        Internet

        Errors, omissions, interruptions and delays of services may occur at any time on the internet as it is not a totally reliable or secure medium of communication. Maple-Brown Abbott accepts no liability for the consistency, security and confidentiality of any information sent over the internet and any transmissions over the internet are entirely at the user's risk.

           Important Disclaimers
 
            By accessing or using this website of Maple-Brown Abbott Limited and its affiliates (collectively “Maple-Brown Abbott” or “we”), you hereby accept and agree to comply with these Terms of Use. Maple-Brown Abbott is an investment adviser registered with the United States Securities and Exchange Commission under the Investment Advisers Act of 1940. Such registration does not imply a certain level of skill or training.
             
            Maple-Brown Abbott’s clients in the United States are institutional investors, and we will provide prospective investors with a copy of our current Form ADV, Parts 2A and 2B prior to engagement. Prospective investors may obtain a copy of these disclosures on the SEC website at http://adviserinfo.sec.gov.
             
            The content on this website has been prepared for general information purposes only and is provided solely to gain an understanding of our investment philosophy, our strategies and to be able to contact us for further information. The content has no regard to the specific investment objectives, financial situation or particular needs of any specific recipient. The information on this website is not intended as and does not constitute investment advice or an offer of investment advice, legal or tax advice, an offer to sell any securities to any person or a solicitation of any person of any offer to purchase any securities. The information should not be construed as Maple-Brown Abbott’s endorsement, recommendation or sponsorship of any company or security.
             
            There are inherent risks in relying on, using or retrieving information from this website, including but not limited to the risk that any such information is or becomes untimely, is or becomes erroneous due to technical or other errors, is incomplete, and/or other risks related to the display, source or accuracy of the information, including risks that may be currently unknown to Maple-Brown Abbott. This website, the information and materials contained on this website, including text, graphics, software, links and other items, are provided “as is” and “as available.” Maple-Brown Abbott does not warrant the accuracy, adequacy, completeness, timeliness or availability of this website. You should carefully evaluate all information found on this website, and you should seek the advice of professionals, as appropriate, to evaluate any data, information, product or service. Past performance is not indicative of future results, and investing in securities involves risk of loss. Further, any benchmarks are provided for illustrative purposes only and should not be relied upon as an accurate measure of comparison. Indices are unmanaged and investors cannot directly invest in them. They are not subject to expenses or fees and are often comprised of securities and other investment instruments the liquidity of which is not restricted. The investment activities and performance of any strategy referred to on this website may be considerably more volatile than the performance of any benchmark index.
             
            In no event will Maple-Brown Abbott be liable for any damages, including, without limitation, direct or indirect, special, incidental, or consequential damages, losses or expenses arising in connection with this website or use thereof or the inability by any party to use this website, or in connection with any failure of performance, error, omission, interruption, defect, delay in operation or transmission, computer virus or technical or system failure, even if Maple-Brown Abbott, or representatives thereof, are advised of the possibility of such damages, losses or expenses.
             
            This content may not be reproduced or copied by any means without the prior consent of Maple-Brown Abbott. The content is based on information obtained from sources believed to be reliable but is not guaranteed as being accurate, nor is it a complete statement or summary of the securities, markets or developments referred to in the content. This website may include links to third-party websites. Maple-Brown Abbott does not make any representations or guarantees as to the information obtained from such links, including their accuracy, timeliness, suitability, or completeness. By accessing a linked third-party website, you do so at your own risk. A link to another website is not and should not be construed as an endorsement or recommendation by Maple-Brown Abbott or any of its affiliates of the goods or services offered on that other website or the information contained in that other website. Any opinions expressed in the content are subject to change without notice, and Maple-Brown Abbott is under no obligation to update or keep current the information.
             
            Maple-Brown Abbott may make changes to these Terms of Use from time to time without prior notice to you. By continuing to access the website, you are deemed to have accepted such changes.

Acceptance of terms and conditions
 
            This website is owned and operated by Maple-Brown Abbott Limited ABN 73 001 208 564 (AFSL 237296) (Maple-Brown Abbott or we). By accessing this website you agree to the following terms and conditions (the Terms) and acknowledge that you have read and understood them. In addition to these Terms, you agree that your access to this website is also subject to any other notices, disclaimers or statements contained on this website.
             
            Maple-Brown Abbott may make changes to the Terms from time to time without prior notice to you. By continuing to access this website, you are deemed to have accepted such changes and that Maple-Brown Abbott has no obligation to notify you of any such changes.
             
            New Zealand investors
            
            This website includes documents and information relating to financial products that is directed at wholesale clients (as defined in the Financial Markets Conduct Act 2013). This information is not intended to be distributed or passed on, directly or indirectly, to any other class of persons in New Zealand. It is being supplied to wholesale clients solely for their information and may not be reproduced, forwarded to any other person or published, in whole or in part, for any purpose.
            
            Investors outside of Australia and New Zealand 
            
            Access to this website may be restricted by law in certain jurisdictions. Maple-Brown Abbott does not make any representation that the use of this information is permitted in locations other than Australia and New Zealand.
             
            Information on this website 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 Maple-Brown Abbott or its associated parties to any registration or other requirement within that jurisdiction or country.
             
            No U.S. Persons
             
            The information on this website is not available to US persons, as defined under Regulation S of the U.S. Securities Act of 1933, as amended (US Person). As such by accepting these Terms you represent and warrant that you: (i) are not a US Person; (ii) are not acting on for the account or benefit of any US Person; and (iii) will not provide or otherwise make available any information herein to any US Person. 
             
            Limit of liability
             
            The information is believed to be accurate at the time of compilation and is provided by Maple-Brown Abbott in good faith. However, the use of this website is at your sole risk. Maple-Brown Abbott makes no representation or warranty as to the quality, completeness, accuracy, reliability, timeliness or currency of information contained on this website.
             
            To the full extent permitted by law, Maple-Brown Abbott and their associated parties exclude all liability for any direct or indirect loss or damage arising in any way from errors or omissions in the information on this website, and exclude all responsibility for any direct or indirect loss or damage arising in any way as a result of any person using this website or relying on, using or downloading anything from this website.
             
            Liability for negligence, breach of contract, or contravention of any law as a result of a failure to provide this information, or any part of it, or for any problems with this information, which cannot be lawfully excluded, is limited, at Maple-Brown Abbott’s option, and to the maximum extent permitted by law, to resupplying this information or any part of it to you, or paying for the resupply of this information or any part of it to you.
             
            Errors, omissions, interruptions and delays of services may occur at any time on the internet as it is not a totally reliable or secure medium of communication. Maple-Brown Abbott accepts no liability for the consistency, security and confidentiality of any information sent over the internet and any transmissions over the internet are entirely at the user's risk.
             
            Current offer document
             
            The provision of material on this website is not an invitation to enter into any legal agreement of any kind. Maple-Brown Abbott is the product issuer. The information on this website does not constitute an offer, a recommendation, or invitation to invest in any investments, securities or financial products of Maple-Brown Abbott. The offer to invest in a Mable-Brown Abbott financial product will be made in a copy of the offer document, the Product Disclosure Statement and Additional Information Booklet (together, PDS) or prospectus, either downloaded from this website or provided by us in hard copy form. The PDS or other disclosure document and the Target Market Determination for the relevant financial product should be considered before deciding whether to acquire or continue to hold units in that financial product.
             
            General information 
             
            This website provides general information about Maple-Brown Abbott and the investment vehicles which it manages/operates. The information on this website does not provide any financial product or investment advice. It should not be construed as a recommendation to invest in any particular financial product offered by Maple-Brown Abbott.
             
            Neither Maple-Brown Abbott nor its associated parties make any representation nor give any guarantee as to the future performance or success of, the rate of income or capital return from, recovery of money invested in, or income tax or other taxation consequences of, any financial product shown on this website.
             
            The information on this website does not take into account the investment objectives, financial situation or particular needs of any person and should not be used as the basis for making investment, financial or other decisions. We do not give advice in relation to any particular investment, security or financial product offered by Maple-Brown Abbott or any associated parties. Before making an investment decision, you should obtain and consider the relevant PDS, and you should seek independent advice and consider whether an investment is appropriate in light of your particular investment needs, objectives and financial circumstances.
             
            Past performance
             
            Past performance is not a reliable indicator of future performance. Investment is subject to certain risks including the loss of capital invested. Unless otherwise stated, all figures and amounts displayed on this website are in Australian dollars. All asset values are based on our most recent valuations. As pricing frequencies and valuation methodologies differ for the various types of assets, the asset values shown may not be current and, therefore, you shouldn’t rely on them as the basis for trading investments in your account. Returns are volatile and may fluctuate quickly and significantly.
             
            Market Highlights
             
            The views expressed in any articles are the author’s alone. They should not be otherwise attributed. These views are current as at the date of production and can change day to day. Maple-Brown Abbott may or may not hold securities mentioned. 
             
            Intellectual property rights, trademarks and copyright
             
            Copyright, trademarks, intellectual property rights, database rights and all similar rights in this website and the information contained in it are owned by Maple-Brown Abbott or its associated parties. You may use the information on this website and reproduce it in hardcopy for your own personal reference only provided that you do not remove any copyright notices, disclaimers or any Maple-Brown Abbott trademarks or logos. Except for this purpose or as permitted by law, none of the information on this website may be reproduced, adapted, uploaded to a third party, linked to, framed, performed in public, distributed or transmitted in any form by any process without the express written consent of Maple-Brown Abbott or, in the case of third party material, from the owner of the copyright in that material.
             
            Links to and from other websites
             
            This website may contain links to other websites. Neither Maple-Brown Abbott, nor any associated party make any representation or warranty as to the accuracy, quality, currency or any other aspect of the information contained in those linked websites. A link to another website is not and should not be construed as an endorsement or recommendation by Maple-Brown Abbott or any associated party of the goods or services offered on that other website or the information contained in that other website. You agree that you will not create any link to any page within this website without Maple-Brown Abbott's express written permission.
             
            Privacy, records and cookies
             
            You authorise Maple-Brown Abbott to keep records of your access to this website and to utilise cookies, including placing cookies on your computer, during your access to this website.
             
            You acknowledge and agree that the collection, disclosure and/or use of information about you from accessing this website will be subject to the terms of Maple-Brown Abbott's Privacy Policy.
             
            Governing law
             
            These Terms are governed by the laws applicable in the State of New South Wales, Australia and each party irrevocably submits to the non-exclusive jurisdiction of the courts of that State.
             
            Internet
             
            Errors, omissions, interruptions and delays of services may occur at any time on the internet as it is not a totally reliable or secure medium of communication. Maple-Brown Abbott accepts no liability for the consistency, security and confidentiality of any information sent over the internet and any transmissions over the internet are entirely at the user's risk.

           Acceptance of UCITS terms and conditions

            This section of the website (UCITS website) has been prepared by Maple-Brown Abbott Limited (ABN 73 001 208 564 AFSL 237296 ) (Maple-Brown Abbott or we) on behalf of Maple-Brown Abbott Funds plc (MBA Funds). The UCITS website is owned and operated by Maple-Brown Abbott. By accessing the UCITS website you agree to the following terms and conditions (the UCITS Terms) and acknowledge that you have read and understood them. In addition to these UCITS Terms, you agree that your access to this UCITS website is also subject to any other notices, disclaimers or statements contained on this UCITS website.
            
            Maple-Brown Abbott may make changes to the UCITS Terms from time to time without prior notice to you. By continuing to access the UCITS website, you are deemed to have accepted such changes and that Maple-Brown Abbott has no obligation to notify you of any such changes.
            
            Restrictions on information
            
            Access to the UCITS website may be restricted by law in certain jurisdictions. Neither Maple-Brown Abbott nor MBA Funds make any representation that the use of this information is permitted in locations other than Ireland or jurisdictions in which MBA Funds is registered for sale. 
            
            This information on the UCITS website 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 Maple-Brown Abbott, MBA Funds or their associated parties to any registration or other requirement within that jurisdiction or country.
            
            When using the UCITS website, you are responsible for complying with all applicable local, national and international laws and regulations, including those related to data privacy and intellectual property.  It may be illegal to access or download the information contained in the UCITS website in certain jurisdictions and we disclaim all responsibility if you access or download any information in breach of any law or regulation applicable to you or in the place that you access the UCITS website.
            
            No U.S. Persons
            
            The information on this UCITS website is not available to US persons, as defined under Regulation S of the U.S. Securities Act of 1933, as amended (US Person). As such by accepting these UCITS Terms you represent and warrant that you: (i) are not a US Person; (ii) are not acting on for the account or benefit of any US Person; and (iii) will not provide or otherwise make available any information herein to any US Person.
            
            Limit of liability
            
            The information is believed to be accurate at the time of compilation and is provided by Maple-Brown Abbott and MBA Funds in good faith. However, the use of the UCITS website is at your sole risk. Neither Maple-Brown Abbott nor MBA Funds make any representation or warranty as to the quality, completeness, accuracy, reliability, timeliness or currency of information contained in the UCITS website.
            
            To the full extent permitted by law, Maple-Brown Abbott, MBA Funds and their associated parties exclude all liability for any direct or indirect loss or damage arising in any way from errors or omissions in the information in the UCITS website, and exclude all responsibilities for any direct or indirect loss or damage arising in any way as a result of any person using the UCITS website or relying on, using or downloading anything from the UCITS website.
            
            Liability for negligence, breach of contract, or contravention of any law as a result of a failure to provide this information, or any part of it, or for any problems with this information, which cannot be lawfully excluded, is limited, at Maple-Brown Abbott’s and/ or MBA Funds’ option, and to the maximum extent permitted by law, to resupplying this information or any part of it to you, or paying for the resupply of this information or any part of it to you.
            
            Errors, omissions, interruptions and delays of services may occur at any time on the internet as it is not a totally reliable or secure medium of communication. Maple-Brown Abbott and MBA Funds accept no liability for the consistency, security and confidentiality of any information sent over the internet and any transmissions over the internet are entirely at the user's risk.
            
            Current Prospectus
            
            The provision of material on the UCITS website is not an invitation to enter into any legal agreement of any kind. No statement or information in the UCITS website constitutes an offer, recommendation, invitation to invest in any investments, securities or financial products of MBA Funds.
            
            Should you wish to invest directly in a MBA Funds financial product referred to in the UCITS website you must only do so on the basis of a current prospectus (including any addenda thereto), application form and key investor information document (KIID) either downloaded from the UCITS website or provided by us in hard copy form.
            
            No guarantees or financial advice
            
            This UCITS website provides general information about MBA Funds only, it does not provide any financial product or investment advice. It should not be construed as a recommendation to invest in any particular financial product on the UCITS website. 
            
            Neither Maple-Brown Abbott, MBA Funds nor their associated parties make any representation nor give any guarantee as to the future performance or success of, the rate of income or capital return from, recovery of money invested in, or income tax or other taxation consequences of, any financial product shown on this UCITS website. Investment is subject to certain risks. Possible risks could include delays in repayment and loss of income or capital invested. 
            
            This UCITS website does not take into account the investment objectives, financial situation or particular needs of any person and should not be used as the basis for making investment, financial or other decisions. We do not give advice in relation to any particular investment, security or financial product offered by MBA Funds or any associated parties. Before making an investment decision, you should obtain and consider the relevant prospectus (including any addenda thereto) and KIID, and you should seek independent advice and consider whether an investment is appropriate in light of your particular investment needs, objectives and financial circumstances. 
            
            Past performance
            
            Past performance is not a reliable indicator of future performance. Investment is subject to certain risks including the loss of capital invested. All asset values are based on our most recent valuations. As pricing frequencies and valuation methodologies differ for the various types of assets, the asset values shown may not be current and, therefore, you shouldn’t rely on them as the basis for trading investments in your account. Returns are volatile and may fluctuate quickly and significantly.
            
            Changes in exchange rates may have an adverse effect on the value price or income of a sub fund of MBA Funds or any class thereof.
            
            Market highlights
            
            The views expressed in any articles are the author’s alone. They should not be otherwise attributed. These views are current as at the date of production and can change day to day. Maple-Brown Abbott and/or MBA Funds may or may not hold securities mentioned. 
            
            Intellectual property rights, trademarks and copyright
            
            Copyright, trademarks, intellectual property rights, database rights and all similar rights in this UCITS website and the information contained in it are owned by Maple-Brown Abbott, MBA Funds or their associated parties. You may use the information on this UCITS website and reproduce it in hardcopy for your own personal reference only provided that you do not remove any copyright notices, disclaimers or any Maple-Brown Abbott trademarks or logos. Except for this purpose or as permitted by law, none of the information on this UCITS website may be reproduced, adapted, uploaded to a third party, linked to, framed, performed in public, distributed or transmitted in any form by any process without the express written consent of Maple-Brown Abbott or, in the case of third party material, from the owner of the copyright in that material.
            
            Links to and from other websites
            
            The UCITS website may contain links to other websites. Neither Maple-Brown Abbott, MBA Funds, nor any associated party make any representation or warranty as to the accuracy, quality, currency or any other aspect of the information contained in those linked websites. A link to another website is not and should not be construed as an endorsement or recommendation by Maple-Brown Abbott, MBA Funds or any associated party of the goods or services offered on that other website or the information contained in that other website. You agree that you will not create any link to any page within the UCITS website without Maple-Brown Abbott's express written permission.
            
            Privacy, records and cookies
            
            You authorise us to keep records of your access to the UCITS website and to utilise cookies, including placing cookies on your computer, during your access to the UCITS website.
            
            You acknowledge and agree that the collection, disclosure, processing and/or use of information about you from accessing the UCITS website will be subject to the Data Privacy Statement.
            
            Governing law
            
            These UCITS Terms are governed by the laws applicable in Ireland and each party irrevocably submits to the non-exclusive jurisdiction of the courts of Ireland.
            
            Internet
            
            Errors, omissions, interruptions and delays of services may occur at any time on the internet as it is not a totally reliable or secure medium of communication. Maple-Brown Abbott and MBA Funds accept no liability for the consistency, security and confidentiality of any information sent over the internet and any transmissions over the internet are entirely at the user's risk.

            Acceptance of UCITS terms and conditions

            This section of the website (UCITS website) has been prepared by Maple-Brown Abbott Limited (ABN 73 001 208 564 AFSL 237296 ) (Maple-Brown Abbott or we) on behalf of Maple-Brown Abbott Funds plc (MBA Funds). The UCITS website is owned and operated by Maple-Brown Abbott. By accessing the UCITS website you agree to the following terms and conditions (the UCITS Terms) and acknowledge that you have read and understood them. In addition to these UCITS Terms, you agree that your access to this UCITS website is also subject to any other notices, disclaimers or statements contained on this UCITS website.
            
            Maple-Brown Abbott may make changes to the UCITS Terms from time to time without prior notice to you. By continuing to access the UCITS website, you are deemed to have accepted such changes and that Maple-Brown Abbott has no obligation to notify you of any such changes.
            
            Restrictions on information
            
            Access to the UCITS website may be restricted by law in certain jurisdictions. Neither Maple-Brown Abbott nor MBA Funds make any representation that the use of this information is permitted in locations other than Ireland or jurisdictions in which MBA Funds is registered for sale. 
            
            This information on the UCITS website 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 Maple-Brown Abbott, MBA Funds or their associated parties to any registration or other requirement within that jurisdiction or country.
            
            When using the UCITS website, you are responsible for complying with all applicable local, national and international laws and regulations, including those related to data privacy and intellectual property.  It may be illegal to access or download the information contained in the UCITS website in certain jurisdictions and we disclaim all responsibility if you access or download any information in breach of any law or regulation applicable to you or in the place that you access the UCITS website.
            
            No U.S. Persons
            
            The information on this UCITS website is not available to US persons, as defined under Regulation S of the U.S. Securities Act of 1933, as amended (US Person). As such by accepting these UCITS Terms you represent and warrant that you: (i) are not a US Person; (ii) are not acting on for the account or benefit of any US Person; and (iii) will not provide or otherwise make available any information herein to any US Person.
            
            Limit of liability
            
            The information is believed to be accurate at the time of compilation and is provided by Maple-Brown Abbott and MBA Funds in good faith. However, the use of the UCITS website is at your sole risk. Neither Maple-Brown Abbott nor MBA Funds make any representation or warranty as to the quality, completeness, accuracy, reliability, timeliness or currency of information contained in the UCITS website.
            
            To the full extent permitted by law, Maple-Brown Abbott, MBA Funds and their associated parties exclude all liability for any direct or indirect loss or damage arising in any way from errors or omissions in the information in the UCITS website, and exclude all responsibilities for any direct or indirect loss or damage arising in any way as a result of any person using the UCITS website or relying on, using or downloading anything from the UCITS website.
            
            Liability for negligence, breach of contract, or contravention of any law as a result of a failure to provide this information, or any part of it, or for any problems with this information, which cannot be lawfully excluded, is limited, at Maple-Brown Abbott’s and/ or MBA Funds’ option, and to the maximum extent permitted by law, to resupplying this information or any part of it to you, or paying for the resupply of this information or any part of it to you.
            
            Errors, omissions, interruptions and delays of services may occur at any time on the internet as it is not a totally reliable or secure medium of communication. Maple-Brown Abbott and MBA Funds accept no liability for the consistency, security and confidentiality of any information sent over the internet and any transmissions over the internet are entirely at the user's risk.
            
            Current Prospectus
            
            The provision of material on the UCITS website is not an invitation to enter into any legal agreement of any kind. No statement or information in the UCITS website constitutes an offer, recommendation, invitation to invest in any investments, securities or financial products of MBA Funds.
            
            Should you wish to invest directly in a MBA Funds financial product referred to in the UCITS website you must only do so on the basis of a current prospectus (including any addenda thereto), application form and key investor information document (KIID) either downloaded from the UCITS website or provided by us in hard copy form.
            
            No guarantees or financial advice
            
            This UCITS website provides general information about MBA Funds only, it does not provide any financial product or investment advice. It should not be construed as a recommendation to invest in any particular financial product on the UCITS website. 
            
            Neither Maple-Brown Abbott, MBA Funds nor their associated parties make any representation nor give any guarantee as to the future performance or success of, the rate of income or capital return from, recovery of money invested in, or income tax or other taxation consequences of, any financial product shown on this UCITS website. Investment is subject to certain risks. Possible risks could include delays in repayment and loss of income or capital invested. 
            
            This UCITS website does not take into account the investment objectives, financial situation or particular needs of any person and should not be used as the basis for making investment, financial or other decisions. We do not give advice in relation to any particular investment, security or financial product offered by MBA Funds or any associated parties. Before making an investment decision, you should obtain and consider the relevant prospectus (including any addenda thereto) and KIID, and you should seek independent advice and consider whether an investment is appropriate in light of your particular investment needs, objectives and financial circumstances. 
            
            Past performance
            
            Past performance is not a reliable indicator of future performance. Investment is subject to certain risks including the loss of capital invested. All asset values are based on our most recent valuations. As pricing frequencies and valuation methodologies differ for the various types of assets, the asset values shown may not be current and, therefore, you shouldn’t rely on them as the basis for trading investments in your account. Returns are volatile and may fluctuate quickly and significantly.
            
            Changes in exchange rates may have an adverse effect on the value price or income of a sub fund of MBA Funds or any class thereof.
            
            Market highlights
            
            The views expressed in any articles are the author’s alone. They should not be otherwise attributed. These views are current as at the date of production and can change day to day. Maple-Brown Abbott and/or MBA Funds may or may not hold securities mentioned. 
            
            Intellectual property rights, trademarks and copyright
            
            Copyright, trademarks, intellectual property rights, database rights and all similar rights in this UCITS website and the information contained in it are owned by Maple-Brown Abbott, MBA Funds or their associated parties. You may use the information on this UCITS website and reproduce it in hardcopy for your own personal reference only provided that you do not remove any copyright notices, disclaimers or any Maple-Brown Abbott trademarks or logos. Except for this purpose or as permitted by law, none of the information on this UCITS website may be reproduced, adapted, uploaded to a third party, linked to, framed, performed in public, distributed or transmitted in any form by any process without the express written consent of Maple-Brown Abbott or, in the case of third party material, from the owner of the copyright in that material.
            
            Links to and from other websites
            
            The UCITS website may contain links to other websites. Neither Maple-Brown Abbott, MBA Funds, nor any associated party make any representation or warranty as to the accuracy, quality, currency or any other aspect of the information contained in those linked websites. A link to another website is not and should not be construed as an endorsement or recommendation by Maple-Brown Abbott, MBA Funds or any associated party of the goods or services offered on that other website or the information contained in that other website. You agree that you will not create any link to any page within the UCITS website without Maple-Brown Abbott's express written permission.
            
            Privacy, records and cookies 
            
            You authorise us to keep records of your access to the UCITS website and to utilise cookies, including placing cookies on your computer, during your access to the UCITS website.
            
            You acknowledge and agree that the collection, disclosure, processing and/or use of information about you from accessing the UCITS website will be subject to the Data Privacy Statement.
            
            Governing law
            
            These UCITS Terms are governed by the laws applicable in Ireland and each party irrevocably submits to the non-exclusive jurisdiction of the courts of Ireland.
            
            Internet
            
            Errors, omissions, interruptions and delays of services may occur at any time on the internet as it is not a totally reliable or secure medium of communication. Maple-Brown Abbott and MBA Funds accept no liability for the consistency, security and confidentiality of any information sent over the internet and any transmissions over the internet are entirely at the user's risk.

           Acceptance of UCITS terms and conditions

            This section of the website (UCITS website) has been prepared by Maple-Brown Abbott Limited (ABN 73 001 208 564 AFSL 237296 ) (Maple-Brown Abbott or we) on behalf of Maple-Brown Abbott Funds plc (MBA Funds). The UCITS website is owned and operated by Maple-Brown Abbott. By accessing the UCITS website you agree to the following terms and conditions (the UCITS Terms) and acknowledge that you have read and understood them. In addition to these UCITS Terms, you agree that your access to this UCITS website is also subject to any other notices, disclaimers or statements contained on this UCITS website.
            
            Maple-Brown Abbott may make changes to the UCITS Terms from time to time without prior notice to you. By continuing to access the UCITS website, you are deemed to have accepted such changes and that Maple-Brown Abbott has no obligation to notify you of any such changes.
            
            Restrictions on information
            
            Access to the UCITS website may be restricted by law in certain jurisdictions. Neither Maple-Brown Abbott nor MBA Funds make any representation that the use of this information is permitted in locations other than Ireland or jurisdictions in which MBA Funds is registered for sale. 
            
            This information on the UCITS website 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 Maple-Brown Abbott, MBA Funds or their associated parties to any registration or other requirement within that jurisdiction or country.
            
            When using the UCITS website, you are responsible for complying with all applicable local, national and international laws and regulations, including those related to data privacy and intellectual property.  It may be illegal to access or download the information contained in the UCITS website in certain jurisdictions and we disclaim all responsibility if you access or download any information in breach of any law or regulation applicable to you or in the place that you access the UCITS website.
            
            No U.S. Persons
            
            The information on this UCITS website is not available to US persons, as defined under Regulation S of the U.S. Securities Act of 1933, as amended (US Person). As such by accepting these UCITS Terms you represent and warrant that you: (i) are not a US Person; (ii) are not acting on for the account or benefit of any US Person; and (iii) will not provide or otherwise make available any information herein to any US Person.
            
            Limit of liability
            
            The information is believed to be accurate at the time of compilation and is provided by Maple-Brown Abbott and MBA Funds in good faith. However, the use of the UCITS website is at your sole risk. Neither Maple-Brown Abbott nor MBA Funds make any representation or warranty as to the quality, completeness, accuracy, reliability, timeliness or currency of information contained in the UCITS website.
            
            To the full extent permitted by law, Maple-Brown Abbott, MBA Funds and their associated parties exclude all liability for any direct or indirect loss or damage arising in any way from errors or omissions in the information in the UCITS website, and exclude all responsibilities for any direct or indirect loss or damage arising in any way as a result of any person using the UCITS website or relying on, using or downloading anything from the UCITS website.
            
            Liability for negligence, breach of contract, or contravention of any law as a result of a failure to provide this information, or any part of it, or for any problems with this information, which cannot be lawfully excluded, is limited, at Maple-Brown Abbott’s and/ or MBA Funds’ option, and to the maximum extent permitted by law, to resupplying this information or any part of it to you, or paying for the resupply of this information or any part of it to you.
            
            Errors, omissions, interruptions and delays of services may occur at any time on the internet as it is not a totally reliable or secure medium of communication. Maple-Brown Abbott and MBA Funds accepts no liability for the consistency, security and confidentiality of any information sent over the internet and any transmissions over the internet are entirely at the user's risk.
            
            Current Prospectus
            
            The provision of material on the UCITS website is not an invitation to enter into any legal agreement of any kind. No statement or information in the UCITS website constitutes an offer, recommendation, invitation to invest in any investments, securities or financial products of MBA Funds.
            
            Should you wish to invest directly in a MBA Funds financial product referred to in the UCITS website you must only do so on the basis of a current prospectus (including any addenda thereto), application form and key investor information document (KIID) either downloaded from the UCITS website or provided by us in hard copy form.
            
            No guarantees or financial advice
            
            This UCITS website provides general information about MBA Funds only, it does not provide any financial product or investment advice. It should not be construed as a recommendation to invest in any particular financial product on the UCITS website. 
            
            Neither Maple-Brown Abbott, MBA Funds nor their associated parties make any representation nor give any guarantee as to the future performance or success of, the rate of income or capital return from, recovery of money invested in, or income tax or other taxation consequences of, any financial product shown on this UCITS website. Investment is subject to certain risks. Possible risks could include delays in repayment and loss of income or capital invested. 
            
            This UCITS website does not take into account the investment objectives, financial situation or particular needs of any person and should not be used as the basis for making investment, financial or other decisions. We do not give advice in relation to any particular investment, security or financial product offered by MBA Funds or any associated parties. Before making an investment decision, you should obtain and consider the relevant prospectus (including any addenda thereto) and KIID, and you should seek independent advice and consider whether an investment is appropriate in light of your particular investment needs, objectives and financial circumstances. 
            
            Past performance
            
            Past performance is not a reliable indicator of future performance. Investment is subject to certain risks including the loss of capital invested. All asset values are based on our most recent valuations. As pricing frequencies and valuation methodologies differ for the various types of assets, the asset values shown may not be current and, therefore, you shouldn’t rely on them as the basis for trading investments in your account. Returns are volatile and may fluctuate quickly and significantly.
            
            Changes in exchange rates may have an adverse effect on the value price or income of a sub fund of the MBA Funds or any class thereof.
            
            Market highlights
            
            The views expressed in any articles are the author’s alone. They should not be otherwise attributed. These views are current as at the date of production and can change day to day. Maple-Brown Abbott and/or MBA Funds may or may not hold securities mentioned. 
            
            Intellectual property rights, trademarks and copyright
            
            Copyright, trademarks, intellectual property rights, database rights and all similar rights in this UCITS website and the information contained in it are owned by Maple-Brown Abbott, MBA Funds or their associated parties. You may use the information on this UCITS website and reproduce it in hardcopy for your own personal reference only provided that you do not remove any copyright notices, disclaimers or any Maple-Brown Abbott trademarks or logos. Except for this purpose or as permitted by law, none of the information on this UCITS website may be reproduced, adapted, uploaded to a third party, linked to, framed, performed in public, distributed or transmitted in any form by any process without the express written consent of Maple-Brown Abbott or, in the case of third party material, from the owner of the copyright in that material.
            
            Links to and from other websites
            
            The UCITS website may contain links to other websites. Neither Maple-Brown Abbott, MBA Funds, nor any associated party make any representation or warranty as to the accuracy, quality, currency or any other aspect of the information contained in those linked websites. A link to another website is not and should not be construed as an endorsement or recommendation by Maple-Brown Abbott, MBA Funds or any associated party of the goods or services offered on that other website or the information contained in that other website. You agree that you will not create any link to any page within the UCITS website without Maple-Brown Abbott's express written permission.
            
            Privacy, records and cookies 
            
            You authorise us to keep records of your access to the UCITS website and to utilise cookies, including placing cookies on your computer, during your access to the UCITS website.
            
            You acknowledge and agree that the collection, disclosure, processing and/or use of information about you from accessing the UCITS website will be subject to the Data Privacy Statement.
            
            Governing law
            
            These UCITS Terms are governed by the laws applicable in Ireland and each party irrevocably submits to the non-exclusive jurisdiction of the courts of Ireland.
            
            Internet
            
            Errors, omissions, interruptions and delays of services may occur at any time on the internet as it is not a totally reliable or secure medium of communication. Maple-Brown Abbott and MBA Funds accept no liability for the consistency, security and confidentiality of any information sent over the internet and any transmissions over the internet are entirely at the user's risk.

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