Terms & Conditions
This myNZFunds website (the Website) is provided by New Zealand Funds Management Limited (NZ Funds). Please read and understand these terms and conditions (Terms and Conditions) before you use it. These Terms and Conditions constitute an agreement between you, (‘you’, ‘your’) and NZ Funds. By accessing or using the Website you agree that you have read, understood and accepted these Terms and Conditions, and you agree to be bound by them.
NZ Funds may change, suspend, or discontinue any aspect of the Website (including any service or content offered through the Website) at any time without notice. NZ Funds may change the Terms and Conditions at any time by publishing the changed Terms and Conditions on the Website. By continuing to access or use the Website following such publication you accept the revised Terms and Conditions. The Terms and Conditions were last revised on 29 Sept 2016.
If permitted to use the Website, you will be provided with a user name and a password (Password) that will permit access to the Website.
You acknowledge that access to the Website will be available to any person using your user name and Password. You agree that you are solely responsible for any use of the Website by any person using your user name and Password and you agree to compensate NZFunds for any losses arising out of your failure to keep your user name or Password secure and confidential. Therefore please ensure you protect your Password from disclosure to others.
Please notify NZ Funds immediately if your Password has been lost or stolen. A new Password will be provided to you.
The Website is not intended to be made available to any person in a jurisdiction where doing so would constitute a breach of any applicable laws or regulations.
The performance of any investment or investment products referred to on the Website is not guaranteed by NZ Funds or any other party. Please be aware past performance may not be indicative of future performance and any investment has the potential to result in a total loss of capital.
Account balance and transaction information is the most recently available. It may not represent the current balance of your account(s) or a complete list of transactions.
You acknowledge no computer system or information can ever be fully protected against every possible hazard and you agree that NZ Funds shall not be liable for any loss occasioned by unauthorised access, destruction, corruption, loss, misuse or improper disclosure of your data.
Intellectual Property (Including Copyright)
Except where otherwise stated, the intellectual property rights (including copyright and trade marks) subsisting in the Website and in the content of the Website belong to NZ Funds. NZ Funds shall at all times retain ownership of the Website and such content and all copies of such items regardless of form. The granting of access to the Website by NZ Funds does not create or imply a licence or permit you to reproduce, download, transmit and/or distribute any Website content in any form or by any means other than as permitted under these Terms and Conditions.
Warranties & Disclaimers
The Website has been compiled in good faith by NZ Funds. However, NZ Funds gives no guarantees (either express or implied) or warranties regarding the reliability, timeliness, completeness, fitness-for-purpose, or accuracy of:
- the Website;
- any information that is available on or through the Website; or
Without limiting the generality of the foregoing, NZ Funds gives no warranty that:
- the Website or NZ Funds’ servers are free of computer viruses or any other harmful components, defects, or errors;
- any defects in the Website will be corrected;
- the Website is suitable for your needs; or
- your access to the Website (or any linked website) will be reliable, uninterrupted, error-free, or fault-free.
In addition, to the maximum extent permitted by law, NZ Funds is not responsible for, and does not assume any liability for:
- verification of information you provide or enter into the Website; and
- any delays, inaccuracies, failures, errors, omissions, interruptions, deletions, defects, computer viruses, or communication line failures
To the maximum extent permitted by law, NZ Funds accepts no responsibility arising in any way, including in contract or tort (including negligence), for errors or omissions in the Website, or otherwise for any loss or damage of any kind at all (including consequential loss, financial loss, damages for loss of business opportunity, loss of revenue or profits or other economic losses) arising directly or indirectly out of the provision or use of, or inability to use, the Website, or from any action or decision taken as a result of using the Website or any information or material available through the Website. You use the Website at your own risk and solely in reliance on your own judgment and not upon any warranty or representation made by NZ Funds.
If the exclusion of liability in the previous paragraph is held to be invalid in whole or in part, then NZ Funds’ total liability to you for all damages, costs, and expense (other than for any damage, cost and expense that cannot be limited at law) will not exceed the amount of one New Zealand dollar (NZD$1.00).
You agree to indemnify NZ Funds from and against all loss, damage, injury and expenses, (including legal expenses on a full indemnity basis) arising either directly or indirectly from a breach by you of the Terms and Conditions or your use of the Website.
NZ Funds respects the privacy of its clients. It understands the need to safeguard your personal and financial information and respects your rights under the Privacy Act 1993.
- Using your personal information: NZ Funds collects, stores, and uses your personal information to provide the Website and services to you, keep your records up to date, and to comply with certain laws and regulations. NZ Funds may use your personal information to contact you to provide or communicate information about its products and services to you but you may advise us that you do not want us to do so either before we contact you or when we contact you. NZ Funds does not share your personal information with others unless this is necessary for the purpose for which you gave us the personal information or if the law (including the Privacy Act 1993) permits NZ Funds to disclose it.
- Access to your personal information: You have the right to request access to, or correction of, the personal information NZ Funds holds about you by contacting our Privacy Officer on 0508 95 95 95.
Use of Google Analytics
NZ Funds uses Google Analytics website measurement software to help measure traffic patterns to, from, and within the Website. The services are used to anonymously aggregate website statistics, such as number of page views, the number of unique visitors, time spent in the Website, when users browse, and common entry and exit points into and from the Website. On occasion, random short surveys may also be used to collect further information about the users— participation in these surveys will be entirely voluntary.
All information is aggregated by Google Analytics and provided to NZ Funds to help us better understand usage of our public website - no individual users are identified. Google Analytics has been adopted as an accepted interactive measurement standard amongst many major Internet sites.
Correspondence, Electronic & Otherwise
You consent to receiving communications from us electronically and you agree that all agreements, notices, disclosures and other communications that we provide to you electronically satisfy any legal requirement that such communications be in writing. You agree to be bound by any agreement reached through electronic communications in terms of the Electronic Transactions Act 2002. The Unsolicited Electronic Messages Act 2007 aims to stop people sending unsolicited electronic emails marketing or promoting goods and services. By providing your email address to NZ Funds, you are consenting to receiving information (including information that markets or promotes our goods or services) from us by email. However, while NZ Funds would like to regularly communicate with you, electronically or otherwise, should you not want to receive emails that market or promote our goods or services from us, you will always have the ability to opt out by advising NZ Funds in writing or by email.
Where any provision of these Terms and Conditions is unlawful, void or unenforceable for any reason, then if the provision would not be unlawful, void, or unenforceable if a word or words were omitted, that word or those words are severed from these Terms and Conditions, or in any other case that provision shall be severed from these Terms and Conditions without affecting the validity or enforce ability of the remaining provisions of these Terms and Conditions.
These Terms and Conditions are governed by New Zealand law and are subject to the non-exclusive jurisdiction of the New Zealand courts.
These Terms and Conditions shall not limit or restrict any right you may have under New Zealand law, including under the Consumer Guarantees Act 1993, if it is applicable. However, notwithstanding the foregoing, if you use the Website or our services for business purposes, you agree that the guarantees provided under the Consumer Guarantees Act 1993 shall not apply to the Website or those services.