Editor's Note: These terms and conditions were last updated on 08/26/2024.
These general terms and conditions apply to the website through which you accessed these terms (which we will refer to as “the Site”) of the Morningstar company (“Morningstar”, or “we”, “our”) registered in the jurisdiction in which the Site is made available.
Please read these terms and conditions carefully as your use of the Site is subject to them. Morningstar reserves the right at its sole discretion to change, modify or add to these terms and conditions without prior notice to you. By continuing to use the Site you agree to be bound by such amended terms.
1. Permitted Uses
We grant you a non-exclusive, revocable, and limited license to:
(a) Browse and view the content on this website for personal, non-commercial use only.
(b) Print pages from the website as needed for your personal use, provided that you adhere to the restrictions outlined in Section 2.
2. Prohibited Uses
You are prohibited from:
(a) Systematically copying substantial portions of the website, whether by printing, storing on a disk, or any other method.
(b) Removing, altering, or obscuring any content on the website or using any materials on the website in any way that is not expressly permitted by these terms.
(c) Reproducing, retransmitting, disseminating, selling, publishing, or broadcasting any content from the website without our explicit written consent.
(d) Using the website for unlawful purposes or failing to comply with any applicable laws, statutes, or regulations that apply to your access or use of the website or any information derived from it.
(e) Engaging in unauthorized crawling, scraping, or any automated or systematic data extraction methods, including but not limited to, bots, spiders, or scrapers, to collect, copy, or harvest any data or content from the website.
3. No Investment Advice
You acknowledge that:
(a) We do not provide investment advice, and nothing on the website constitutes investment advice or financial services.
(b) We do not recommend any financial product, nor do we endorse the purchase, sale, or holding of any financial products.
(c) Nothing on the website should be construed as an offer or solicitation to buy or sell securities.
(d) The information on the website may not be suitable for your specific circumstances, and you should consult a qualified financial advisor before making any investment decisions.
4. Access
This website is intended for users in the jurisdiction in which it is made available. Access to certain content or services may be restricted based on your geographic location, and it is your responsibility to ensure that your use of the website complies with the laws and regulations of your country of residence or access. We do not guarantee that the content or services provided on this website are appropriate or available for use in every location.
5. Your Personal Information
Our use of your personal information is governed by our Privacy Policy, which forms part of these terms and conditions.
5.1 Personal Data Uploaded in Connection with Your Use
If you upload personal information, particularly relating to an EU citizen, into our tools, you are responsible for maintaining this personal data and will be considered the data controller for the purposes of the EU General Data Protection Regulation (GDPR). We do not have the ability to update or amend the personal data you upload, and you should ensure you understand your obligations regarding that data. Upon the termination of your subscription, we will delete all information associated with your account. More information about our data collection and use practices can be found in our Privacy Policy.
6. Copyright and Trademarks
6.1 All copyright and intellectual property rights in the content of this website (including, but not limited to, text, images, and sound) are owned by us or our third-party content providers. You may use the content only as set out in these terms and conditions.
6.2 The website contains certain trademarks, which are the property of our company or our content providers. You are not permitted to copy or use these trademarks in any way except as expressly permitted by these terms and conditions.
7. Free Membership Service
7.1 Membership Registration and ServiceWe may offer a membership service that grants you access to certain content and features on the website. To register for the membership, you must complete the online registration form available on the website. Your registration will only be valid upon our acceptance, and by registering, you warrant that all information provided is true, complete, and accurate. You agree to promptly update your registration information as necessary.
7.2 Access and UseYour membership is personal to you and is non-transferable. You may not share your membership access with others. You agree that your membership account will not be used by more than one person at any given time and that you are responsible for any use of your account that violates these terms.
7.3 Service Changes and TerminationWe reserve the right to modify or terminate the membership service at any time without notice. If you are dissatisfied with any changes or the service itself, your sole remedy is to cancel your membership. We also reserve the right to suspend or terminate your membership if you breach any portion of these terms or if your use of the service violates any applicable laws or regulations.
7.4 Membership Paid ServicesIn the event that we introduce charges for new services or features, your existing membership will remain active unless you choose to upgrade to uch chargeable services or features. However, certain premium content or features may only be accessible to paying members. We will inform you if your membership status changes or ifany charges apply.
7.5 Account CancellationYou may cancel your membership at any time by contacting us through the channels provided on the website. We may also cancel your membership if we determine, at our sole discretion, that it is necessary to do so, with or without prior notice.
7.6 Service AvailabilityWe strive to maintain the availability of the membership service but do not guarantee that access to the service will be uninterrupted or error-free. We may also limit access to certain features or content based on geographic location or other criteria.
7.7 Posting Comments
Users agree that, by posting comments on various articles and sections of the website, you automatically grant, and represent and warrant that you have the right to grant, a non-exclusive, royalty-free, worldwide licence to display such comments on the website and any other websites operated by Morningstar or our agents.
8. Exclusions and Limitations of Liability
8.1 We do not exclude or limit our liability for death or personal injury resulting from our negligence, fraud, or any other liability that cannot be excluded or limited by law.
8.2 Subject to clause 8.1, we and our content providers (“Parties”) shall not be liable for any loss of profits, exemplary or special damages, loss of sales, loss of revenue, loss of goodwill, loss of software or data, loss of opportunity, loss of use of computer equipment, software, or data, loss of or waste of management or other staff time, or any indirect, consequential, or special loss, however arising.8.3 Subject to clauses 8.1 and 8.2, Morningstar’s liability to you whether in contract, tort or otherwise is limited to the greater of (i) $50 (fifty dollars) or local currency equivalent or (ii) the annual subscription fee for any membership paid services in the event that you are a subscriber to membership paid service when the liability occurs.
9. Disclaimer
9.1 All information on the website is provided for general informational purposes only and should not be relied upon for any purpose, including making investment decisions. The website does not provide investment advice, and nothing on the website should be construed as such. Always consult a qualified financial advisor before making any investment choices.
9.2 While we strive to ensure the accuracy and completeness of information on the website, we do not guarantee it. Use of the website is at your sole risk, and we accept no liability for loss or damage resulting from your use of the website or any information contained therein. You should verify the accuracy and completeness of any information on the website before relying on it.
9.3 Information on the website is not tailored to your individual situation and may be unsuitable for you. Always consult a financial advisor before making investment decisions.
9.4 The website may include advertisements and links to external sites. We do not endorse or approve any content, information, goods, or services provided by these sites and are not liable for any loss or damage resulting from your use of them.
9.5 We cannot control the security or content of information passing over the internet and exclude all liability for the transmission or reception of infringing or unlawful information.
9.6 We accept no liability for loss or damage resulting from accessing website content that contains any virus or has been maliciously corrupted.
10. Availability and Updates
10.1 We may suspend the operation of the website at any time without notice. We do not guarantee uninterrupted or error-free access to the website or any linked sites.
10.2 We may change the format and content of the website at our discretion at any time without notice. Please refresh your browser each time you visit the website to ensure you access the most up-to-date version.
11. General and Governing Law
11.1 These terms and conditions represent the entire agreement between you and us regarding your use of the website and supersede any previous agreements. If any provision is found to be unenforceable, it will not affect the validity of any other provision. We may subcontract our obligations or assign these terms without your consent or notice.
11.2 We will not be liable for any breach of these terms caused by circumstances beyond our reasonable control.
11.3 These terms and conditions are governed by and interpreted in accordance with the law of the jurisdiction in which the Morningstar company is registered, and you consent to the non-exclusive jurisdiction of the courts where that company is registered.
12. Company Details
Details of the Morningstar company (“Morningstar”, or “we”, “our”) registered in the jurisdiction in which this website is made available are accessible here.
The author or authors do not own shares in any securities mentioned in this article. Find out about Morningstar's editorial policies.
