Terms & Conditions

Welcome to the Portfolio360™ by BlackRock site (the “Site”). 

BlackRock offers the user, on the Site (which can be accessed at https://www.blackrock.com/portfoliocentre/en-gb/home/) a suite of portfolio construction tools (each a “Tool” and together, the “Tools”) to help give the user an improved understanding of their portfolio(s) and gain new perspectives on portfolio construction.

Your employer and/or, as relevant, the organization or principal that you represent or are using the Site on behalf of (the "Umbrella User") has previously agreed and accepted these Authorised User Terms through the execution of an access request form. The Umbrella User has requested that you have access to the Site as an “Authorised User” on its behalf. 

The following Authorised User Terms shall govern your access to the Site and your use of the Tools.

AUTHORISED USER TERMS

For Professional Clients / Qualified Investors

I. General 

These Authorised User Terms govern your use of the Site and the Tools. By accessing and/or using a Tool or any data, comparisons, analysis, or general information received from a Tool (collectively,“Data”), you agree to accept these Authorised User Terms that apply to your use of the Tools and any Data and have consented to the collection, use and disclosure of your personal data as set out in the Privacy section referred to below. If you do not wish to be bound by these Authorised User Terms and if you are not a professional client/qualified investor (as defined under local regulations), please do not use the Tools or the Data and leave this webpage.

By confirming that you accept these Authorised User Terms, you also:

(i) Agree that such information and acceptance will apply to any subsequent access to the Site and use of the Tools by you, and that all such subsequent access and use will be subject to the disclaimers, risk warnings and other information set out herein;

(ii) Agree that you are acting on behalf of, or for, the Umbrella User and not in your personal capacity;

(iii) Agree that you shall only access the Site from either your home jurisdiction or (if different) the home jurisdiction of the Umbrella User (each as notified to BlackRock by the Umbrella User on the access request form);

(iv) Confirm that you wish to be provided with access to information on products which are domiciled or registered in the United Kingdom, Switzerland or one or more countries within the European Economic Area, even if such products are not registered in your home jurisdiction or (if different) the home jurisdiction of the Umbrella User; and

(v) Warrant that no other person will access the Site using the same logon as you.

II. Site Operators

If you access the Site from a location outside the European Economic Area, the operator of the Site shall be BlackRock Investment Management (UK) Limited.

If you access the Site from a location within the European Economic Area the operator of the Site shall be BlackRock (Netherlands) B.V..

BlackRock Investment Management (UK) Limited and BlackRock (Netherlands) B.V. together with their affiliates (collectively, “BlackRock”) provide the Tools for informational use only and do not provide any assurance that the Data shown in the Tools is actionable, current, complete, or achievable by you.The information in the Tools is subject to change. The information provided by the Tools does not constitute regulated investment advice and nor should it be regarded as such. BlackRock has not considered the suitability of any securities or products against your individual needs or circumstances or your risk tolerance and assumes no responsibility in connection therewith. This is not a recommendation to enter into any transaction or to engage in any potential strategy. This is also not an offer to sell or a solicitation of an offer to buy any securities or products described within, nor shall any securities or units be offered or sold to any person in any jurisdiction in which an offer, solicitation, purchase or sale would be unlawful under the securities laws of such jurisdiction. 

III. Access Subject to Local Restrictions

Access to information displayed on the Site may be restricted to certain persons in certain countries. The Site or information contained or incorporated by reference has not been, and will not be submitted to, become approved/verified by, or registered with, any relevant government authorities under the local laws. The Site is not intended for and should not be accessed by persons located or resident in any jurisdiction where (by reason of that person's nationality, domicile, residence or otherwise) the publication or availability of the Site is prohibited or contrary to local law or regulation or would subject any BlackRock entity to any registration or licensing requirements in such jurisdiction. The information on the Site does not constitute either an offer to sell or a solicitation or an offer to purchase any securities in any jurisdiction in which this type of offer or solicitation is unlawful, or in which a person making such an offer or solicitation does not hold the necessary authorisation to do so, or at all. It is your responsibility to be aware of, to obtain all relevant regulatory approvals, licenses, verifications and/or registrations under, and to observe all applicable laws and regulations of any relevant jurisdiction in connection with your entrant to this Site.

IV. BlackRock Warranty Disclaimer and Limitation of Liability 

The Tools and Data are not independently verified or confirmed by BlackRock and are provided on an “as is” and “as available” basis, without warranty of any kind, whether express or implied. To the fullest extent permissible by applicable law, BlackRock disclaims all warranties, including, but not limited to, any warranty of non-infringement of third-party rights and any implied warranties of merchantability and fitness for a particular purpose. The Tool is based on BlackRock’s internal information and information provided by third parties and BlackRock does not warrant, either expressly or impliedly, the timeliness, accuracy or completeness of the content contained in the Tools (including, without limitation, the Data) and does not warrant that the Data will be available, up-to-date, uninterrupted or error-free, that defects will be corrected, or that the Tools will be free of viruses or other harmful components. BlackRock expressly disclaims all responsibility or liability for errors and omissions in the content in the Tools and for the use or interpretation by any party of information contained in the Tools. In no event shall BlackRock have any liability for any claims, damages, obligations, liabilities or losses (whether arising in contract or tort) relating to the Tools including, without limitation, any liability for any direct, indirect, special, incidental, punitive and / or consequential damages (including loss of profits or principal) arising in connection with the Tools or the use thereof or inability to use by any party, or in connection with any failure of performance, error, omission, interruption, defect, delay in operation or transmission, computer virus or line or system failure, even if foreseen by BlackRock, or BlackRock are advised of the possibility of such damages, losses or expenses. BlackRock does not limit or exclude liability for death or personal injury resulting from its negligence or where this would be prohibited by law (including, without limitation, any rules of any applicable regulatory authority). BlackRock shall have no liability for any data transmission errors 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.

V. Additional Terms

Your use of the Tools and Data

BlackRock reserves the right to change, modify, update and amend the Tools or the Data at any time without notice. Users are advised to periodically review the contents of the Tools or the Data to be familiar with any modifications. By continuing to access and/or use the Tools after receiving notice of any updated version of the Authorised User Terms, you are deemed to have agreed to the updated version of the Authorised User Terms. In the event that you share any data or information with BlackRock, you acknowledge that you have all rights and consents necessary to provide such data or information and such data or information does not and will not infringe the intellectual property rights of any third party. 

You may not attribute any of the Data, or any other investment portfolios or services you develop using the Tools (the “Resultant Information”), to BlackRock or iShares, in any third party or public communication. You agree to comply with each third party data provider’s own restrictions in connection with any redistribution or reproduction of the Resultant Information. Any such restrictions are in the “Important Information” section and the “Important notes” section contained with the Data.

You acknowledge and agree that it is your responsibility to keep secure and confidential any passwords you have created to access the Site and not to let such password(s) become public knowledge. If any password(s) become known by someone other than you, you must change those particular password(s)
immediately by clicking the “forgot your password” icon on the logon page of the Site and following the steps.

The Data is being provided for informational purposes only and access to the Tools is being provided at the request of the Umbrella User, which access can be revoked by BlackRock in its sole discretion. Certain of the Data relies on inputs from you, assumptions, and / or information from BlackRock and
third-parties. Changes in any of these inputs, assumptions or information could alter the Data. Reliance upon the Data is at the sole discretion and risk of the recipient. Any opinions expressed reflect views at the present date and are subject to change.

Disclosures and Acknowledgements relating to your use of the Tools and Data

BlackRock is unable, and does not purport, to give any legal, tax, regulatory or other advice and the information in the Tool should not be construed or relied upon as such. Applications to invest in any product referred to on the Site, must only be made on the basis of the offer document relating to the specific investment (e.g. prospectus, key investor information document, key investor document or other applicable terms and conditions). You should seek independent investment, legal and tax advice prior to taking any investment decision.

You agree and acknowledge that: (a) any past performance presented is not indicative of future results and that any performance information is subject to change; (b) any forward-looking statements are subject to numerous assumptions, risks and uncertainties because they relate to events and depend on circumstances that may or may not occur in the future; (c) the price of any investments may go up or down and an investor may not get back the amount invested; (d) changes in the rates of exchange between currencies may cause the value of investments to diminish or increase; (e) none of the Data
is intended to serve as the sole or primary basis for any investment decision by you and you are responsible for exercising independent analysis of any investment; and (f) unless specified otherwise, when providing Data, BlackRock is not providing tax, accounting, regulatory, legal, insurance or investment advice and you should seek independent advice prior to taking any investment decision.

Investment in any security, instrument or product mentioned in the Tools may not be suitable for all investors, and it is your responsibility to determine if the securities, instruments and products are suitable for you or any third party you act for. Investors should read the offering documents relating to the specific investments for further details including the risk factors before making an investment.

Intellectual Property Rights

Copyright, trademark and other forms of proprietary rights protect the contents of the Site. All contents are owned or controlled by BlackRock or the party credited as the provider of the content. Except as expressly provided herein, nothing in the Site should be considered as granting any licence or right under any copyright, patent or trademark or other intellectual property rights of BlackRock or any third party.

The use of the Tools and the Data is for your use as an Authorised User as a representative of the Umbrella User. As a user, you must not copy, store, edit, change, attempt to reverse-engineer, disassemble, prepare any derivative work of or alter in any way any of the Tools or software on the Site. You must not redeliver any of the pages, text, images, or content of the Site using "framing" or similar technology. Systematic retrieval of content from the Site to create or compile, directly or indirectly, a collection, compilation, database or directory (whether through robots, spiders, automatic devices or manual processes) or creating links to the Site is strictly prohibited. You acknowledge that you have no right to use the content of the Site in any other manner other than as permitted under these Authorised User Terms.

Breach or Potential Breach of the Authorised User Terms

In the event of a breach or a potential breach of any of these Authorised User Terms, you should stop accessing the Tools and Data and promptly notify BlackRock. In addition, you agree not to knowingly use the Tools in any manner that could damage, disable, overburden or impair the Site or interfere with
any other party’s use of the Site

Governing Law

These Authorised User Terms and your access to the Site and use of the Tools and the content contained therein are subject to English law and the jurisdiction of the English courts. If any provision of these Authorised User Terms in judicial proceedings is held illegal or unenforceable, such provision
shall be severed and shall be inoperative, and the remainder of these terms and conditions shall remain operative, in full force and effect and binding on you.

VI. Privacy

Any Personal Information (defined as any information relating to an individual, which can be used either alone or with other sources of information to identify that individual) collected will be processed according to BlackRock’s BlackRock Client and Vendor Privacy Notice, which can be found here:
https://www.blackrock.com/corporate/compliance/privacy-policy.

VII. Third Party Disclaimers

Bloomberg Index Services Limited. BLOOMBERG® is a trademark and service mark of Bloomberg Finance L.P. and its affiliates (collectively “Bloomberg”). BARCLAYS® is a trademark and service mark of Barclays Bank Plc (collectively with its affiliates, “Barclays”), used under license. Bloomberg or Bloomberg’s licensors, including Barclays, own all proprietary rights in the Bloomberg Barclays Indices. Neither Bloomberg nor Barclays approves or endorses this material or guarantees the accuracy or completeness of any information herein, or makes any warranty, express or implied, as to the results to be obtained therefrom and, to the maximum extent allowed by law, neither shall have any liability or responsibility for injury or damages arising in connection therewith.

MSCI ESG Research LLC (“MSCI”), Bloomberg Index Services Limited (“Bloomberg”), Barclays Bank Plc (“Barclays”). The data is comprised of a custom index calculated by Bloomberg, Barclays and/or MSCI for, and as requested b, BlackRock. The data is for internal use only and may not be redistributed or used in connection with creating or offering any securities, financial products or indices. None of Bloomberg, Barclays, MSCI, nor any other third party involved in or related to compiling, computing or creating the data (the “Licensor Parties”) makes any express or implied warranties or representations with respect to such data (or the results to be obtained by the use thereof), and the Licensor Parties hereby expressly disclaim all warranties of originality, accuracy, completeness, merchantability or fitness for a particular purpose with respect to such data. Without limiting any of the foregoing, in no event shall any of the Licensor Parties have any liability for any direct, indirect, special, punitive, consequential or any other damages (including lost profits) even if
notified of the possibility of such damages.

London Stock Exchange Group plc and its group undertakings (collectively, the “LSE Group”). © LSE Group 2021. FTSE Russell is a trading name of certain of the LSE Group companies. “FTSE®” “Russell®”, “FTSE Russell®”, “MTS®”, “ICB®”, are trade marks of the relevant LSE Group companies and are used by any other LSE Group company under license. All rights in the FTSE Russell indexes or data vest in the relevant LSE Group company which owns the index or the data. Neither LSE Group nor its licensors accept any liability for any errors or omissions in the indexes or data and no party may rely on any indexes or data contained in this communication. No further distribution of data from the LSE Group is permitted without the relevant LSE Group company’s express written consent.The LSE Group does not promote, sponsor or endorse the content of this communication.

ICE Data Indices, LLC (“ICE Data”) used with permission. ICE DATA IS LICENSING THE ICE DATA INDICES AND ANY RELATED DATA "AS IS". ICE DATA MAKES NO WARRANTIES REGARDING SAME, DOES NOT GUARANTEE THE SUITABILITY, QUALITY, ACCURACY, TIMELINESS, AND/OR COMPLETENESS OF THE ICE DATA INDICES OR ANY DATA INCLUDED IN, RELATED TO, OR DERIVED THEREFROM, ASSUMES NO LIABILITY IN CONNECTION WITH THEIR USE, AND DOES NOT SPONSOR, ENDORSE, OR RECOMMEND [SUBSCRIBER], OR ANY OF ITS PRODUCTS OR SERVICES

Markit indices (the “data”) is the proprietary property of Markit North America, Inc., Markit Indices GmbH and its affiliates (“Markit”). Unless you are in possession of a valid license from Markit for access, use or distribution of the data, you may not, except as expressly permitted by such Markit license: (i) copy, share, sell, distribute or otherwise make the data available to any other party; or (ii) use the data contained herein in any other manner, including for any internal or external business purposes, except as expressly communicated to you in writing by the provider of this data. To obtain a license, please contact Markit. 

The users of this data acknowledge and agree that no duty of care is owed to them or to any other person by Markit or any its third party data or service providers (“data providers”) and that use of data creates no lawyer-client or other relationship between the users or any other person and Markit or its data providers.

Where delivery of any data is by data provider or any other person, the provision of such data shall be the sole responsibility of such person. No data provider makes any representation or warranty as to any data, nor shall any data provider have any liability, duty or obligation for or relating to any data, or errors, inaccuracies, omissions or delays in the data or for any actions taken in reliance thereon. Each data provider shall be a third-party beneficiary of these and any other disclaimers provided in the Agreement or within the data, and shall have the right to enforce the same. 

The data is provided on an “as is” basis. Neither Markit, its Affiliates nor any data provider makes any warranty, express or implied, as to the availability, accuracy, completeness or timeliness of the data nor as to the results to be obtained by users of the data nor as to the quality, performance or fitness for a particular purpose of the data. Neither Markit, its Affiliates nor any data provider shall in any way be liable to any user of the data for any inaccuracies, errors or omissions in the Markit data, regardless of cause, or for any damages (whether direct or indirect) resulting therefrom.

The opinions estimates or projections in the data do not reflect the opinions of Markit or its data providers. Markit has no obligation to update, modify or amend the data or to otherwise notify users in the event that any matter stated in the data, or any opinion, projection, forecast or estimate set forth herein, changes or subsequently becomes inaccurate.

Without limiting the foregoing, Markit, its Affiliates, or any data provider shall have no liability whatsoever, whether in contract (including under an indemnity), in tort (including negligence), under a warranty, under statute or otherwise, in respect of any loss or damages (including indirect, incidental, special or consequential damages or lost profits) suffered by users of the data, including as a result of or in connection with any opinions, recommendations, forecasts, judgments, or any other conclusions, or any course of action determined, by users of the data or any other person, whether or not based on the data, content, information or materials contained herein and whether or not such losses or damages could have been foreseen or prevented

Neither MSCI nor any other party involved in or related to compiling, computing or creating the MSCI data makes any express or implied warranties or representations with respect to such data (or the results to be obtained by the use thereof), and all such parties hereby expressly disclaim all warranties of originality, accuracy, completeness, merchantability or fitness for a particular purpose with respect to any of such data. Without limiting any of the foregoing, in no event shall MSCI, any of its affiliates or any third party involved in or related to compiling, computing or creating the data have any liability for any direct, indirect, special, punitive, consequential or any other damages (including lost profits) even if notified of the possibility of such damages. No further distribution or dissemination of the MSCI data is permitted without MSCI’s express written consent.

MSCI information may only be used for your internal use, may not be reproduced or redisseminated in any form outside of this application and may not be used as a basis for or a component of any financial instruments or products or indices. None of the MSCI information is intended to constitute investment advice or a recommendation to make (or refrain from making) any kind of investment decision and may not be relied on as such. Historical data and analysis should not be taken as an indication or guarantee of any future performance analysis, forecast or prediction. All MSCI information is provided an “as is” basis and the user of this information assumes the entire risk of any use made of this information. MSCI, each of its affiliates and each other person involved in or related to compiling, computing or creating any MSCI information (collectively, the “MSCI Parties”) expressly disclaims all warranties (including, without limitation, any warranties of originality, accuracy, completeness, timeliness, non-infringement, merchantability and fitness for a particular purpose) with respect to this information. Without limiting any of the foregoing, in no event shall any of the MSCI Parties have any liability for any direct, indirect, special, incidental, punitive, consequential (including, without limitation, lost profits) or any other damages. (www.msci.com)

©2021 Morningstar. All Rights Reserved. The information contained herein: (1) is proprietary to Morningstar and/or its content providers; (2) may not be copied or distributed; and (3) is not warranted to be accurate, complete or timely. Neither Morningstar nor its content providers are responsible for any damages or losses arising from any use of this information. Past performance is no guarantee of future results

The S&P indices within this Tool (“Index”) is a product of S&P Dow Jones Indices LLC and/or its affiliates and has been licensed for use by BlackRock. Copyright © 20 21 S&P Dow Jones Indices LLC, a division of S&P Global, Inc., and/or its affiliates. All rights reserved. Redistribution or reproduction in whole or in part are prohibited without written permission of S&P Dow Jones Indices LLC. For more information on any of S&P Dow Jones Indices LLC’s indices please visit www.spdji.com. S&P® is a registered trademark of S&P Global and Dow Jones® is a registered trademark of Dow Jones Trademark Holdings LLC. Neither S&P Dow Jones Indices LLC, Dow Jones Trademark Holdings LLC, their affiliates nor their third party licensors make any representation or warranty, express or implied, as to the ability of any index to accurately represent the asset class or market sector that it purports to represent and neither S&P Dow Jones Indices LLC, Dow Jones Trademark Holdings LLC, their affiliates nor their third party licensors shall have any liability for any errors, omissions, or interruptions of any index or the data included therein.”