Terms and Conditions of Use

Legal Disclaimer, Terms and Conditions of Use, and Privacy Policy

Please carefully read the following terms and conditions. By accessing or using this website, you acknowledge that you have read, understand, and agree to be bound by these terms and conditions. If you do not agree to be bound by or comply with these terms and conditions, do not access or use this website. Any changes, modifications, or additions to, or deletions from these terms or conditions shall be effective upon posting on this website. If you use this website after we post changes to the terms and conditions, you accept the terms and conditions as changed. We expressly reserve the right to monitor any use of this website.

Informational Purposes Only

This website is for informational purposes only. This website does not constitute an offering or recommendation by Flaherty & Crumrine Incorporated or any of its affiliates of any security, investment management service, or advisory service in any jurisdiction in which such offering or recommendation would be unlawful under the securities laws of such jurisdiction. We do not provide investment advice, tax advice, or legal advice through this website, and you agree that such areas will not be used by you for such purposes. We do not represent that the securities, products, or services discussed on, or accessible through, this website are suitable for any particular investor. You acknowledge that the provision of any information through this website shall not constitute or be considered investment advice, or an offer to sell, or a solicitation of an offer to buy any security.

Timeliness of Content

We disclaim any intention or obligation to update or revise any information contained in this website, whether as a result of new information, future events, or otherwise.

Global Restrictions

This website (the “Site”) is intended for distribution to, and use by, persons in the US only. It is not intended for distribution to, or use by, persons in any other jurisdiction. We do not claim that the products or services in this website are available in any particular state or jurisdiction or appropriate for any particular investor. If you choose to access this website from a location other than the United States, you do so on your own initiative, and you are responsible for compliance with any applicable local laws.

Ownership of Site

Flaherty & Crumrine Incorporated owns and maintains this site. Nothing at this site shall be construed as granting, by implication, estoppel or otherwise, any license or right to use any image, trademark, logo or service mark at the site. Any commercial or public use of this website or any portion thereof is strictly prohibited.

No Warranties

The information contained in this site is intended to be accurate and reliable; however, errors may occur. Both the funds and Flaherty & Crumrine Incorporated disclaim any warranty of any kind, whether express or implied, as to the accuracy, reliability or completeness of any information or document at this site. You agree that neither Flaherty & Crumrine Incorporated, its affiliates, nor any of their officers, directors, shareholders, employees, or agents shall have any liability to you under any theory of liability or indemnity arising out of or relating to your use of the website. You hereby release and forever waive any and all claims you may have against Flaherty & Crumrine Incorporated, its affiliates, and any of their officers, directors, shareholders, employees, or agents (including but not limited to claims based upon the negligence of Flaherty & Crumrine Incorporated, its affiliates, or any of their officers, directors, shareholders, employees, or agents) for losses or damages you sustain arising out of or relating to use of the website.

Risk Warning

Past performance is not necessarily a guide to future performance. The value of investments and the income from them can go down as well as up. You may not get back the amount originally invested.

Linked Sites

We are not responsible for any content that you may access from third-party resources that may be accessed through or linked to this website. We welcome links to our website from other web sites; however, we in no way operate, control or endorse linking sites, and we reserve the right to disallow any such link at any time in our sole discretion. Should you wish to link to our website, you must link only to our homepage, www.flahertycrumrine.com.

Liability Waiver

Under no circumstances, including, but not limited to, negligence, shall Flaherty & Crumrine Incorporated be liable for any special or consequential damages that result from the access or use of, or the inability to access or use, the materials at this site. Applicable law may not allow the limitation or exclusion of liability for consequential or incidental damages, so the limitation or exclusion may not apply to you. In no event shall the total liability for any and all damages and causes of action exceed the amount paid by you, if any, for the use of this site.

Privacy

We are committed to keeping nonpublic information about you secure and confidential. We will not sell your nonpublic information to anyone. Further, we do not disclose your nonpublic information, except as required or permitted by law. For example, we may provide this information to companies that perform administrative services on our behalf, to securities industry regulators, or in response to a subpoena. We will require companies that we hire to protect the confidentiality of this information and to use it only to perform the services for which we hired them.