Legal Notice

The website www.bbvaassetmanagement.com (the «Website») provides users (the «User» or «Users») with the following general information, in accordance with Article 10 of Law 34/2002, of July 11, on Information Society Services and Electronic Commerce (the «LSSI»):

The entities responsible for the information contained on this website are as follows:

BBVA ASSET MANAGEMENT, S.A., S.G.I.I.C. 

Tax Identification Number: A-28597854 

Registered Office: Calle Azul, 4 in MADRID, province of MADRID, postal code 28050. 

Commercial Registry Entry: BBVA ASSET MANAGEMENT, S.A., S.G.I.I.C. is registered in the Madrid Commercial Registry, Sheet M-46081, Volume 2656, Folio 175. 

Registration details with the National Securities Market Commission: number 14. 

Contact email: For any queries regarding information on investment funds, users may contact BBVA ASSET MANAGEMENT, S.A., S.G.I.I.C. via the email address fondos.es@bbva.com.

For the purposes of Law 34/2002, of July 11, on Information Society Services and Electronic Commerce, this entity shall be responsible for information relating to investment funds.

BBVA PENSIONES, S.A., E.G.F.P. 

Tax Identification Number: A-78901113 

Registered Office: Calle Azul, 4 in MADRID, province of MADRID, postal code 28050. 

Commercial Registry Entry: BBVA PENSIONES, S.A., E.G.F.P. is registered on sheet M-118670, volume 7325, folio 126. 

Registration details with the General Directorate of Insurance and Pension Funds: number G-0082. 

Contact email: For any queries regarding funds and pension plans managed by this entity, users may contact BBVA PENSIONES, S.A., E.G.F.P. via the email address fondos.es@bbva.com. 

For the purposes of Law 34/2002, of July 11, on Information Society Services and Electronic Commerce, this entity shall be responsible for information relating to the funds and pension plans it manages.

GESTIÓN DE PREVISIÓN Y PENSIONES, E.G.F.P., S.A. 

Tax Identification Number: A-78630779 

Registered Office: Calle Azul, 4 in MADRID, province of MADRID, postal code 28050. 

Commercial Registry Entry: GESTIÓN DE PREVISIÓN Y PENSIONES, E.G.F.P., S.A. is registered in the Madrid Commercial Registry, Volume 1461, Folio 79, Sheet M-27146. 

Registration details with the General Directorate of Insurance and Pension Funds: number G-0133. 

Contact email: For any queries regarding funds and pension plans managed by this entity, users may contact GESTIÓN DE PREVISIÓN Y PENSIONES, E.G.F.P., S.A. via the email address fondos.es@bbva.com. 

For the purposes of Law 34/2002, of July 11, on Information Society Services and Electronic Commerce, this entity shall be responsible for information relating to the funds and pension plans it manages.

BANCO BILBAO VIZCAYA ARGENTARIA, S.A. 

Tax Identification Number: A-48265169 

Registered Office: Plaza de San Nicolás, No. 4 in Bilbao, province of Vizcaya, postal code 48005. 

Commercial Registry Entry: BANCO BILBAO VIZCAYA ARGENTARIA, S.A. is registered in the Vizcaya Commercial Registry, Volume 208, Folio 1545, sheet VI-14741. 

Contact email: For any queries regarding information on Voluntary Social Welfare Entities (EPSV), users may contact BANCO BILBAO VIZCAYA ARGENTARIA, S.A. via the email address fondos.es@bbva.com. 

For the purposes of Law 34/2002, of July 11, on Information Society Services and Electronic Commerce, this entity shall be responsible for information relating to EPSVs.

The terms and conditions for use of the Website (the «Terms of Use») are set out below, which Users must comply with at all times.

WEBSITE TERMS OF USE

Acceptance of the Terms of Use 

These Terms of Use regulate the use of the Website that the Entities make available to Users. 

The Terms of Use, together with the Legal Notice, the Personal Data Protection Policy, and the Cookies Policy, collectively constitute the terms and conditions governing access to and use of the public section of the Website (the «Website Terms and Conditions»). Users have access to the private area of the Website upon signing the corresponding contract. 

Access to and use of the Website by the User implies that they fully accept and agree to comply entirely with the Website Terms and Conditions. Therefore, the User must carefully read these Terms of Use and the remaining Website Terms and Conditions each time they intend to use the Website, as these may undergo modifications that would be communicated to the User upon new access. Each of the Entities reserves the right to update, modify, or delete these Website Terms and Conditions.

Website Terms of Use 

The User agrees to make proper use of the Website, meaning use that complies with current legislation, good faith, and public order. Similarly, the User agrees not to use the Website for fraudulent purposes, nor to engage in any conduct that could damage the image, interests, and rights of the Entities or third parties. Furthermore, the User agrees not to perform any act intended to damage, disable, or overload the Website, or that would in any way prevent its normal use and operation. 

The User is informed that, in the event of non-compliance with the content or obligations arising from the Website Terms and Conditions or any other specific terms or conditions on the Website, the Entities reserve the right to limit, suspend, or terminate their access to the Website, adopting any technical measure necessary for that purpose. Likewise, the Entities reserve the possibility of exercising such measures in the event they reasonably suspect the User is violating any of the terms set forth in the Website Terms and Conditions or any other specific terms or conditions on the Website. 

The Entities reserve the right to update, modify, or delete the information contained on the Website, including the content and/or services integrated within it, and may even limit or deny access to such information at any time and without prior notice. Specifically, the Entities reserve the right to delete, limit, or prevent access to the Website when technical difficulties arise due to events or circumstances beyond the Entities’ control that, in their judgment, reduce or cancel the security levels or standards adopted for the proper functioning of said Website. To this end, the Entities reserve the power to decide at any time on the continuity of the information society services they provide through the Website.

Website Content 

Intellectual and industrial property rights over the Website, including the arrangement of its content, the sui generis right over the underlying databases, the graphic design and user interface of the Website (look & feel), the underlying computer programs (including source and object codes), as well as the various elements that make up the Website (texts, graphics, photographs, videos, sound recordings, etc.) (the «Content»), belong to the Entities or their licensors. Regarding the distinctive signs included on the Website (trademarks and trade names), these are the property of the Entities or their licensors. 

Use of the Website by the User does not imply the transfer of any intellectual and/or industrial property right over the Website, the Content, and/or the distinctive signs of the Entities. To this end, through these Terms of Use, except in cases where it is legally permitted or with prior authorization from the Entities, the User is expressly prohibited from reproducing, transforming, distributing, publicly communicating, making available, extracting, and/or reusing the Website, its Content, and/or the distinctive signs of the Entities or any other third parties incorporated into the Website. The Entities reserve the possibility of taking appropriate legal action against Users who violate or infringe intellectual and/or industrial property rights. 

The Entities grant Users who respect the Website Terms and Conditions an authorization to use the Website, on a non-exclusive basis, for the maximum duration of the intellectual and industrial property rights as established by applicable regulations (unless their access to the Website is suspended for justified cause) and for the purpose of enabling the User to use the Website in accordance with this document.

Furthermore, the Entities DECLARE the following: 

  • The information contained on the Website is for informational purposes and does not provide any type of recommendation, nor can it be considered in any case as legal, tax, financial, investment, or technical advice, nor an offer or guarantee by the Entities, nor should it be understood as a recommendation to perform operations, nor will it constitute the basis for decision-making in a certain direction, the Entities declining all responsibility for any use that may be made of the information contained on the Website in this regard, and specifically it must be understood that said information, subject to current regulations in Spain, is not intended for those Users acting under other jurisdictions of other States that require compliance with different requirements for the provision, disclosure, or advertising of information of this type. 
  • The information provided by the Entities on the Website does not constitute a technical opinion of the Entities. 
  • The Entities are not responsible for the information contained on the Website meeting the User’s expectations. The Entities are not responsible for the truthfulness, accuracy, sufficiency, integrity, or updating of information that is not of their own creation and for which another source is indicated. Neither are the Entities responsible for opinions or comments that may appear on the Website, as they could either be made by Users in a personal capacity or come from the indicated sources. 
  • The Entities reserve the right to update, modify, or delete the information contained on the Website under the terms indicated above, assuming no commitment to communicate changes or modify its content.

The User ACKNOWLEDGES AND ACCEPTS the above declarations of the Entities and, additionally, GUARANTEES compliance with the regulations applicable to them in their capacity as a User of this Website.

Links Policy
Establishing links to the Website 

The establishment of links to the Website is prohibited unless previously authorized by the Entities. In any case, once the link is authorized by the Entities, it must be established under the following terms: 

  • The link may not consist of frames that allow the Website to be viewed via internet addresses other than those of the Website or that otherwise display the Website’s information alongside information included on other web pages. 
  • No false, inaccurate, or incorrect statement about the Website and/or the Entities shall be made from the web page introducing the link (the «Linking Site»). 
  • In no case does the authorization granted by the Entities mean that: (i) the Entities sponsor, collaborate with, verify, or supervise the content and/or services provided through the Linking Site; or (ii) the Entities are in any way responsible for the content of the Linking Site. 
  • The Linking Site must faithfully comply with the Law and may in no case host content, whether its own or from third parties, that: (i) is illegal, harmful to third-party rights, detrimental, degrading, violent, inappropriate, or otherwise contrary to morality, customs, and good practice (pornographic, racist, etc.); (ii) induces or may induce in the User the false conception that the Entities subscribe to, endorse, adhere to, or in any way support the ideas, statements, or expressions, whether legal or illegal, of the sender; and (iii) is inappropriate or irrelevant in relation to the activity of the Entities. 

In the event of non-compliance with any of the terms set forth above, the Entities may adopt the legal measures appropriate for that purpose.

Linked Sites 

To help the User find additional information, the Entities may include various technical linking devices that allow the User to access other websites (the «Linked Sites»). In these cases, the Entities act as an intermediary service provider, as provided for in Article 17 of the LSSI. In accordance with the provisions of said legislation, the Entities shall not be responsible for the services and content provided through the Linked Sites, unless they have actual knowledge of the illegality and have not deactivated the link with due diligence. 

In no case does the existence of Linked Sites imply a recommendation, promotion, identification, or agreement by the Entities with the statements, content, or services provided through the Linked Sites. Consequently, the Entities are not responsible for the content of the Linked Sites, nor for their terms of use and privacy policies, the User being solely responsible for checking and accepting them each time they access and use them.

Communication of illegal or inappropriate activities

In the event that the User or any other Internet User becomes aware that any kind of information or content on the Website or provided through it is illegal, harmful to third-party rights, detrimental, degrading, violent, inappropriate, contrary to what is established in these Terms of Use, or otherwise contrary to morality, customs, and good practice, they may contact the Entities indicating the following: 

  • personal data of the caller: name, address, telephone number, and email address; 
  • description of the facts revealing the illegal or inappropriate nature of the content or information, as well as the specific address where it is available; 
  • in the event of a violation of third-party rights, such as intellectual and industrial property, the data of the holder of the infringed right must be provided if they are a person other than the communicator. They must also provide the title proving ownership of the violated rights and, if applicable, the representation to act on behalf of the owner when they are a person other than the communicator. 

Receipt by the Entities of the communication provided for in this clause shall not imply, according to the LSSI, actual knowledge of the activities and/or content indicated by the communicator when this is not notorious or evident. In any case, the Entities reserve the right to suspend or withdraw content that, even if not illegal, is contrary to the rules established in these Terms of Use, weighing in each case the legal interests in conflict.

Liability of the Entities 

The User should know that communications through open networks are exposed to a variety of threats that make them insecure. It is the User’s responsibility to adopt all appropriate technical measures to reasonably control these threats and, among them, to have updated malware detection systems, such as viruses, trojans, etc., as well as to have updated security patches for the corresponding browsers. For more information, you can see the Security Policy or contact your Internet access service provider who can provide solutions suited to your needs. To the maximum extent permitted by applicable law, the Entities are not responsible for damages caused to the User as a result of risks inherent to the medium used, nor those caused by vulnerabilities in their systems and tools. The Entities do not guarantee the total security of their systems either, and although they have adopted appropriate security measures, the existence of vulnerabilities cannot be totally ruled out and, consequently, the User must be cautious in interacting with the Website.

In particular, the Entities shall not be responsible for: 

  • Damages of any kind caused to the User’s computer equipment by viruses, worms, trojans, or any other harmful element. 
  • Damages of any kind caused to the User arising from failures or disconnections in telecommunications networks that result in the suspension, cancellation, or interruption of the Website service during its provision. In this regard, the User acknowledges that access to the Website requires services provided by third parties outside the control of the Entities (for example: telecommunications network operators, access providers, etc.) whose reliability, quality, continuity, and operation do not correspond to the Entities, nor is it part of their responsibility to guarantee the availability of the service. 
  • Third-party information in cases where the Entities act as an intermediary service provider within the meaning given by the LSSI, except when actual knowledge exists and the corresponding information has not been withdrawn. 

Neither shall the Entities be responsible for direct or indirect damages that Users may suffer due to inappropriate use of this Website or its content, nor do they assume any commitment to communicate changes or modify its content.

Personal Data Protection 

Aspects related to the processing of Users’ personal data due to the use of the Website are regulated in the Personal Data Processing document.

Use of Cookies 

On our Website, we use a technology called «cookies.» For more detailed information on how the Entities use cookies, see the Cookies Policy here.

Applicable Law 

In accordance with Article 3 of the LSSI, the laws applicable to the information society services that the Entities provide through the Website shall be those of Spain. Therefore, in any litigious matter concerning this Website or any conflicts around it between the Registered User and the Entities, Spanish law shall apply.