Federated Website Terms and Conditions

Terms last updated 2/8/2016

The Site only includes information on Federated Strategic Value U.S. Equity Dividend Fund (the "Fund"), which is an open-ended trust established under the laws of the province of Ontario. It is your responsibility to be aware of and to observe all applicable laws and regulations of any relevant jurisdiction.

Introduction

The site www.FederatedInvestors.ca (the "Site") is owned and operated by Federated Investors Canada ULC, whose registered office is Pacific Centre, P.O. Box 10424, Suite 1300, 777 Dunsmuir Street, Vancouver BC V7Y 1K2, Canada and which is incorporated the province of British Columbia as an unlimited liability company on May 8, 2015, under Incorporation Number BC1035960 ("Federated" , "We", and/or "Us").

Affiliates of Federated

Each of the investment management companies or advisory companies described in the Site is affiliated with Federated ("Affiliates"). Federated provides its clients with access to such Affiliates primarily through its Canadian-domiciled fund, for which such Affiliates serve as investment adviser or sub-investment adviser.

Acceptance of Terms

By accessing or using the Site, you acknowledge and agree to the disclaimers and terms and conditions set forth below, including those of our Privacy Policy set out below and also found at www.FederatedInvestors.ca/CanadaWeb/about/privacyPolicy.do (collectively, the "Terms"). By accessing or using the Site, you consent to the collection, use, and disclosure of your personal information by Us in accordance with the then-current version of the Privacy Policy.

Please ensure that you (referred to as the "User", "you" or "your") read these Terms with care as they form an agreement between you and Us and include important disclaimers that affect your rights and that also limit Federated’s liability to you. If you are dissatisfied with any portion of the Site, or with any of these Terms, your sole and exclusive remedy is the discontinuation of your use of this Site.

In these Terms, the word “including” and its derivatives means “including without limitation”.

Changes to these Terms and the Site

We reserve the right, at our sole discretion, to modify, add or remove (collectively, "Change") these Terms. The Changes will be effective on the earlier of: (i) Us providing you with notice of the Changes (including by posting a notice on the Site or by other reasonable means); or (ii) 14 days after We have updated the Terms on the Site with the Changes. However, Changes we make to comply with the law will be effective immediately. You agree to regularly review these Terms to be aware of any Changes, as by using the Site you are agreeing to accept those Changes, whether or not you have reviewed them. This web page states when the last Changes were made to these Terms.

We also reserve the right, at our sole discretion, to modify, add or remove the content or functionality of the Site at any time.

General terms and conditions of using the Site

The market analyses and evaluations provided on this Site are made as of the date stated therein and market conditions may change. These market analyses and evaluations may be changed at any time without notification and are only published for illustration purposes. The Funds, Federated, and their Affiliates assume no liability for losses that are based on reliance on this information.

You are responsible for making all arrangements necessary for you to have access to the Site. You are also responsible for ensuring that all persons who access the Site through your Internet connection are aware of these Terms, and that they comply with them. From time to time, access to some parts of the Site, or the entire site, may be restricted to registered users and further terms and conditions shall apply to such registered users, which the User will be asked to accept within the relevant pages.

The information on the Site is for information purposes only and does not constitute an offer or a solicitation, or a recommendation by Federated or any of its Affiliates of any security, product, or service. No investment advice, tax advice, or legal advice is provided through the Site, and you agree that the Site will not be used by you for these purposes. No representation is given that shares, units, products, or services identified on or accessible through, the Site are suitable for any particular investor. You acknowledge that your use of the Site and any requests for information are unsolicited.

The information on the Site is approved for publication by Federated and is intended for global distribution by Federated in jurisdictions where We are not prohibited by any law from making the information available to you. You should satisfy yourself before accessing the site that We would be allowed to make this information available to you under your law. If any material on this Site, or your use of this Site, is contrary to the laws of the jurisdiction in which you are located then this Site is not intended for your use and We ask that you do not use this Site. You are responsible for compliance with the laws of the jurisdiction in which you are located.

'As is' basis, forward-looking statements and accuracy of information

This Site is provided on an 'as is' and 'as available' basis. Federated and its Affiliates make no warranty or representation that the Site can be accessed at all times. Federated believes that the information contained and opinions expressed in the Site are accurate at the date of publication. The fund prices contained in the Site are indicative only and should not be relied upon for dealing purposes. Certain statements on the Site are forward-looking statements, including those identified by the expressions “anticipate”, “believe”, “plan”, “estimate”, “expect”, “intend”, “feel” and similar expressions to the extent they relate to the Fund. Forward-looking statements are not historical facts but reflect the current expectations of the author regarding future results or events at the date of publication. Such forward-looking statements reflect the author’s beliefs at the date of publication and are based on information available to it at the date of publication. Forward-looking statements involve significant risks and uncertainties. A number of factors could cause actual results, distributions, or events to differ materially from current expectations. Some of these risks, uncertainties and other factors are described in the Fund’s Prospectus. Although the forward-looking statements on the Site are based upon assumptions that the authors believe to be reasonable, the authors cannot provide assurances that actual results will be consistent with these forward-looking statements. The forward-looking statements contained on the Site were prepared for information purposes only and may not be appropriate for other purposes. The authors assume no obligation to update or revise them to reflect new events or circumstances, except as required by law.

NO FINANCIAL ADVICE AND LIMITATION OF LIABILITY

 

COMMENTARY AND OTHER MATERIALS POSTED ON OUR SITE ARE NOT INTENDED TO AMOUNT TO ADVICE ON WHICH RELIANCE SHOULD BE PLACED. FEDERATED AND ITS AFFILIATES MAKE NO WARRANTY OR REPRESENTATION THAT THE INFORMATION IS ACCURATE, COMPLETE OR TIMELY.

THE INFORMATION ON THE SITE IS SUBJECT TO CHANGE AND THEREFORE FEDERATED CANNOT ACCEPT RESPONSIBILITY FOR ANY LOSS DAMAGE OR EXPENSE INCURRED UPON USING THE INFORMATION PROVIDED. WE THEREFORE DISCLAIM ALL LIABILITY AND RESPONSIBILITY ARISING FROM ANY RELIANCE PLACED ON SUCH MATERIALS BY ANY VISITOR TO OUR SITE, OR BY ANYONE WHO MAY BE INFORMED OF ANY OF ITS CONTENTS.

TO THE FULLEST EXTENT PERMITTED BY APPLICABLE LAW, FEDERATED DISCLAIMS ALL REPRESENTATIONS AND WARRANTIES, EXPRESS OR IMPLIED, INCLUDING ALL IMPLIED WARRANTIES OR CONDITIONS OF MERCHANTABILITY, MERCHANTABLE QUALITY, FITNESS FOR A PARTICULAR PURPOSE, TITLE OR NON-INFRINGEMENT, OR ARISING FROM A COURSE OF DEALING, USAGE OR TRADE PRACTICE. NEITHER FEDERATED, NOR ANY OF OUR RESPECTIVE LICENSORS, LICENSEES, SERVICE PROVIDERS OR SUPPLIERS WARRANT THAT THE SITE OR ANY FUNCTION CONTAINED IN THE SITE WILL BE UNINTERRUPTED OR ERROR-FREE, THAT DEFECTS WILL BE CORRECTED, OR THAT THE SITE OR THE SERVERS THAT MAKE THE SITE AVAILABLE ARE FREE FROM VIRUSES OR OTHER HARMFUL COMPONENTS. FEDERATED DOES NOT WARRANT OR MAKE ANY REPRESENTATIONS REGARDING THE USE OR THE RESULTS OF THE USE OF THE MATERIALS INCORPORATED IN THE SITE OR ANY THIRD-PARTY SITE ACCESSED THROUGH THE SITE IN TERMS OF THEIR CORRECTNESS, ACCURACY, TIMELINESS, RELIABILITY, OR OTHERWISE AND YOU WILL BE SOLELY RESPONSIBLE FOR ANY DAMAGE TO YOUR COMPUTER SYSTEM OR LOSS OF DATA THAT RESULTS FROM THE DOWNLOAD OF ANY SUCH PRODUCT, OFFERING, CONTENT OR MATERIAL.

YOU EXPRESSLY UNDERSTAND AND AGREE THAT (TO THE FULLEST EXTENT PERMITTED BY LAW) FEDERATED SHALL NOT BE LIABLE FOR ANY DIRECT, INDIRECT, INCIDENTAL, SPECIAL, CONSEQUENTIAL, EXEMPLARY OR PUNITIVE DAMAGES, OR ANY OTHER DAMAGES WHATSOEVER, INCLUDING DAMAGES FOR LOSS OF PROFITS OR CONTRACTS, INCOME OR REVENUE, GOODWILL, ANTICIPATED SAVINGS, DATA OR OTHER INTANGIBLE LOSSES (THIS SECTION WILL APPLY IRRESPECTIVE OF THE NATURE OF THE CAUSE OF ACTION, DEMAND OR CLAIM, INCLUDING BREACH OF CONTRACT, NEGLIGENCE, GROSS NEGLIGENCE, NEGLIGENT MISREPRESENTATION, TORT OR ANY OTHER LEGAL THEORY, AND EVEN IF WE HAVE BEEN ADVISED OF THE POSSIBILITY OF SUCH DAMAGES OR IF SUCH DAMAGES ARE REASONABLY FORESEEABLE), ARISING OUT OF, OR RESULTING FROM: (A) THE USE OR THE INABILITY TO USE THE SITE; (B) THE USE OF ANY CONTENT OR OTHER INFORMATION OR MATERIAL ON THE SITE OR ANY WEBSITE OR WEBSITES LINKED TO THE SITE; (C) UNAUTHORISED ACCESS TO OR ALTERATION OF YOUR TRANSMISSIONS OR DATA; (D) STATEMENTS OR CONDUCT OF ANY THIRD PARTY ON THE SITE; OR (E) ANY OTHER MATTER RELATING TO THE SITE. THIS DOES NOT AFFECT OUR LIABILITY FOR DEATH OR PERSONAL INJURY ARISING FROM OUR NEGLIGENCE, NOR OUR LIABILITY FOR FRAUDULENT MISREPRESENTATION, NOR ANY OTHER LIABILITY WHICH CANNOT BE EXCLUDED OR LIMITED UNDER APPLICABLE LAW. YOU WILL INDEMNIFY FEDERATED AND THE FUND (INCLUDING THEIR AFFILIATED OR ASSOCIATED COMPANIES) AND THEIR OFFICERS, DIRECTORS, EMPLOYEES AND AGENTS IN RESPECT OF ANY THIRD-PARTY CLAIM FOR ANY INJURY, LOSS, DAMAGE OR EXPENSE OCCASIONED BY OR ARISING DIRECTLY OR INDIRECTLY FROM YOUR OPERATION OR USE OF THE SITE OR YOUR SUPPLY OF INFORMATION TO A THIRD PARTY PROVIDED IN BREACH OF ANY OF YOUR OBLIGATIONS UNDER THESE TERMS.

An investment in the Fund may not be suitable for all investors and should only be made on the basis of the Fund’s current simplified prospectus and such other documents incorporated by reference therein (as applicable) (collectively, the “Prospectus”) and their terms and conditions.

If you transmit any communication through the Site to Federated, the Fund or to an affiliate of Federated directly or through any third-party internet or other service provider, you shall be responsible and liable for any omissions or failures that may be made while transmitting or receiving communications using the Site. The Site is not designed for the transmission of time sensitive instructions or questions. Accordingly, if you use the Site to transmit time sensitive instructions or questions, you will be liable for any loss that may arise, and any such information is transmitted at your own risk.

General risk factors

• Past performance is no guide to or guarantee of future returns. Please note that the price of units and the income from them can fall as well as rise and you may not get back the amount originally invested. Income receivable may vary from the amount of income projected at the time of making the investment.

• Exchange rate fluctuations may affect the value of an investment and any income derived from it.

• If you exercise any right to redeem, you may not get back the amount initially invested if the unit price has fallen since you invested.

• There can be no guarantee that the tax position or proposed tax position prevailing at the time of an investment will not change.

This list of risk factors is not exhaustive and you should refer also to the Prospectus of the Fund for additional risk factors pertaining to the Fund.

U.S. Persons

The Fund is not registered as an investment company in the United States under the U.S. Investment Company Act of 1940, as amended, and its units are not registered under the U.S. Securities Act of 1933, as amended ("Securities Act"). Units of the Fund are not available for purchase by "U.S. Persons" as that term is defined under Regulation S of the Securities Act. The information provided on the Site is not intended for distribution to, or use by, any person or entity in the United States, or in any jurisdiction or country where such distribution or use would be contrary to law or regulation, or which would subject the Fund, Federated (including its Affiliates) or any of their products or services to any registration, licensing or other authorisation requirement within such jurisdiction or country.

Acceptable Use of the Site

It is impossible to provide an exhaustive list of exactly what constitutes acceptable and unacceptable use of this Site. In general, Federated will not tolerate any use of the Site which damages or is likely to damage our reputation, the availability or integrity of the Site or which causes Us or threatens to cause Us to incur any legal, tax, regulatory or other liability. We therefore request you to treat our Site with respect, and not to use the Site for any illegal purpose, or in such a way as to infringe or breach other's rights or to cause or threaten to cause Us damage. We also ask you to comply with any relevant notices, policies and terms imposed by third parties whose website, products or services you access through the Site.

We reserve the right to suspend the use of the Site generally or block your access to any part of the Site and/or to suspend or terminate your rights to use the Site or any part of it if We suspect misuse. We shall then report any misuse of the Site to the relevant enforcement or other authorities and to our legal advisers. We further reserve the right to disclose any evidence We have which relates directly or indirectly to misuse of this Site.

Intellectual Property

Subject to these Terms, you may access and view the Site (including the materials displayed thereon), in the ordinary course, for personal non-commercial use only, and may not otherwise copy, reproduce, modify, collect, republish, distribute, sell, extract, re-utilise, transmit, download, display, post, perform or otherwise exploit or use any portion of the Site (including any materials displayed thereon), except as expressly permitted by these Terms. No right, title or interest (including no intellectual property rights) in the Site (including in the materials displayed thereon) will be granted or transferred to you as a result of any permitted use of the Site and all rights not expressly granted in these Terms are reserved.

Unless otherwise indicated, Federated or its Affiliates or licensors own and retain the copyrights, trademarks, trade names and all other intellectual property rights subsisting anywhere in the world to the Site, including all materials displayed thereon, including all text, information, photographs, images, graphics, illustrations, logos, button icons, audio clips, video clips, podcasts, software or code and other content, and the compilation, collection, arrangement and assembly thereof (including the look and feel of the Site and all software or code of the Site).

Subject to these Terms, unless otherwise specified on the Site, you may make a single print-out for your own personal non-commercial use of material provided by Federated on the Site.

Federated expressly prohibits linking by other websites to any part of the Site other than the home page ("deep-linking") or where Federated has otherwise expressly given written permission. Any links to the homepage of the Site from another website must be presented in such a manner that the viewing of the Site is not impaired by framing or similar techniques that may impact the visitor's perception of the Site by suggesting that it is part of another website.

You may not engage in the practices of "screen scraping", "database scraping", “data mining”, “mirroring”, “framing” or any other activity with the purpose of aggregating, analyzing, or republishing any portion or material of the Site.

You may not delete or alter in any way any copyright, trademark, intellectual property or other legal notices or disclaimers from any part of the Site or any material printed or downloaded from it.

We do not recommend or endorse or represent the accuracy of, and accept no responsibility for, the content of any website not operated by Federated which you may visit by following a link from the Site. Any such links are provided for your convenience only and you are solely responsible for evaluating the content and accuracy of materials on such third party websites. If you choose to access linked third party websites, you do so at your own risk and in accordance with the prevailing terms and conditions of such third party websites.

Advertising

Part of the Site may contain advertising and sponsorship. Advertisers and sponsors are responsible for ensuring that material submitted for inclusion on the Site complies with international and national law. Federated will not be responsible for any error or inaccuracy in advertising materials.

Your Obligations

You agree not to use the Site or cause or permit the Site to be used:

• to jeopardise or prejudice the operation, quality or integrity of the Site, or the operation, quality or integrity of any telecommunications network;

• to harvest or otherwise collect information about others, including e-mail addresses, without their consent;

• for any commercial purpose including any direct marketing, surveys, contests or pyramid schemes, nor to use the Site to participate in or cause others to participate in sending chain letters, junk e-mail, spam, duplicative or unsolicited messages, advertising or promotional material;

• to distribute, download, upload or transmit any material which contains viruses, trojan horses, worms, or any other harmful or detrimental programmes;

• to attack the Site via a denial-of-service attack; or

• contrary to the terms and conditions of any Internet Service Provider you may use.

Privacy Policy

Policy last updated 2/8/2016

We at Federated Investors Canada ULC ("Federated" , "We", and/or "Us") respect your right to privacy and comply with our obligations under the Personal Information Protection and Electronic Documents Act, and, where applicable, equivalent provincial legislation. To the extent any information you provide or which We obtain from the site (the "Site") constitutes personal information, We have set procedures for the use of that information.

Changes to this Privacy Policy

We reserve the right, at our sole discretion, to modify, add or remove (collectively, "Change") this Privacy Policy. The Changes will be effective on the earlier of: (i) Us providing you with notice of the Changes (including by posting a notice on the Site or by other reasonable means); or (ii) 14 days after We have updated the Privacy Policy on the Site with the Changes. However, Changes we make to comply with the law will be effective immediately. You agree to regularly review this Privacy Policy to be aware of any Changes, as by using the Site you are agreeing to accept those Changes, whether or not you have reviewed them. This web page states when the last Changes were made to this Privacy Policy.

We collect and use two types of information:

1. "Personal Information"

This is information about an identifiable individual and may include your name, address, telephone contact information, and/or user IP addresses in circumstances where they have not been deleted, clipped or anonymised ("Personal Information").

2. Collection

We collect Personal Information in a number of ways:

a. Information you provide. This includes information you voluntarily provide when you use the Site or that is collected or created in the course of the business relationship with Federated. For example, your name, contact information and message that you submit through our contact form.

b. Information from your use of the Site. This includes information collected in our server logs (such as browser type, pages visited, referring page, IP address, date and time stamps, HTTP status and bytes sent and received, referring URL, other statistics, and errors), through Cookies, and about the device you are using to access the Site.

Not all information We collect identifies you or can be attributed as being identifiably about you when taken on its own. Similarly, We may aggregate your information with other information in a way that it isn’t attributable as being identifiably about you (including by aggregating it into groups or categories). This Privacy Policy does not apply to restrict our collection, use or disclosure of such anonymous or aggregated information.

3. Use

We use Personal Information:

a. To provide the Site and services to you, including using Personal Information you provide to us to respond to queries you submit through the Site.

b. To monitor, maintain, and improve the use, performance and quality of the Site, including for creating and using website analytics and statistics.

c. For additional purposes that may be identified at or before the time that the information is collected, or that you subsequently consent to.

Please note that your telephone call with Federated may be monitored or recorded to maintain and improve services and for purposes of complying with regulatory obligations.

4. Disclosure

We may disclose your personal information:

a. To third party service providers and to affiliated entities in order to carry out work on our behalf, including to our third party web analytics provider(s) and to our Internet hosting and service providers.

b. As required or permitted by law, and to law enforcement agencies and private parties for the purposes of investigating fraud or other offences.

c. To legal, financial, insurance, and other advisors or in connection with a prospective or actual business transaction, including a merger, sale, reorganization, or other transfer of all or the relevant portion of the assets or business of Federated or any entity controlling Federated. This includes disclosure to a prospective or actual acquirer or successor for due diligence purposes or to transfer the Personal Information to them to complete the transaction.

d. As consented to by you in this Privacy Policy and from time to time, including to fulfill any other purposes that are identified in this Privacy Policy or when the personal information is collected.

5. Security and Location of Personal Information

We take reasonable steps to protect against the loss, misuse, and alteration of Personal Information with security measures appropriate to the sensitivity of the information, including through the use of physical, organizational, and technological measures. However, the nature of the Internet is such that We cannot guarantee or warrant the security of any information you transmit to Us via the Internet. No data transmission over the Internet can be guaranteed to be 100% secure or free from intercept by third parties.

We may store or process your Personal Information in countries outside of Canada, including in the United States of America. While your Personal Information is in a jurisdiction it may be accessed by the courts, law enforcement and national security authorities of that jurisdiction in accordance with the laws applicable in that jurisdiction.

6. Corrections/Contact

You may contact our Privacy Officer to modify or correct your Personal Information that is under our control.

If you have any questions about this Privacy Policy, or our collection, use, or disclosure of your Personal Information, please contact our Privacy Officer as follows:

Attention: Privacy Officer
Address: Federated Investors, 1001 Liberty Ave, Pittsburgh, PA 15222 17th Floor
Email: privacyofficer@federatedinv.com

Termination of the Terms

Federated reserves the right to cease operating the Site or to terminate your access and use of any part of the Site at any time without notice and for any reason.

Law and jurisdiction of the Terms

These Terms shall be governed by and interpreted in accordance with the laws of the province of Ontario and federal laws of Canada applicable therein, without giving effect to any choice-of-law rules that may require the application of the laws of another jurisdiction. Each of the parties irrevocably submits to the exclusive jurisdiction of the courts of Ontario for the purpose of any suit, action or other proceeding arising out of these Terms or the subject matter hereof. Those who choose to access the Site from other locations do so on their own initiative and are responsible for compliance with applicable local laws.

English Language

It is the express wish of the parties that these Terms and all related documents, including notices and other communications, be drafted in the English language only. Il est la volonté expresse des parties que cette convention et tous les documents s’y rattachant, y compris les avis et les autres communications, soient rédigés en anglais seulement.

Additional Terms

These Terms constitute the entire agreement between Federated and you with respect to your access to and use of the Site and any third-party site accessed through the Site.

If any provision of these Terms shall be unlawful, void, or for any reason unenforceable, then that provision shall be deemed severable from these Terms and shall not affect the validity and enforceability of any remaining provisions.

Our failure to exercise or delay in exercising a right or remedy provided by these Terms or by law does not constitute a waiver of those or any other rights or remedies.

Contact Us

If for any reason you wish to contact us, We can be reached at: Federated Investors Canada ULC, whose registered office is Pacific Centre, P.O. Box 10424, Suite 1300, 777 Dunsmuir Street, Vancouver BC V7Y 1K2, Canada. Incorporation Number BC1035960.

By accessing the information on this website, you agree that you have read and understand the information contained under Important Legal Information.