The information on this site is intended only for institutional investors and consultants to separately managed account investors. It is not intended for use by or distribution to members of the general public. The information on this site is for informational purposes and does not constitute an offer to sell or a solicitation of an offer to buy any security which may be referenced herein. The information on this site is published without regard to the investment objective, financial situation or specific needs of any particular investor. The information on this site is intended for U.S. residents only and is not intended for investors in any jurisdiction in which distribution or purchase is not authorized.

Please confirm that you have read and agree to the terms above.

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User Agreement

Please Read the Following Terms and Conditions Carefully Before Continuing.

This website (“Site”) is owned and operated by Victory Capital Management Inc. on behalf of itself and its affiliates, including The Victory Funds (collectively, "Victory"). By using this Site, you signify your acceptance of our Terms and Conditions of Use ("Terms") without modification. If you do not agree to these Terms, do not use this Site or any other Victory website.


Modification and Monitoring of the Site

Victory reserves the right, at our discretion, to change, modify, add or remove portions of these Terms at any time. We suggest that you check these Terms periodically for changes. Such changes shall be effective immediately upon posting. If you use this Site after we post changes to the Terms, you will be considered to have accepted the changed Terms.

Victory reserves the right to monitor any and all use of this Site


Disclaimers

No information provided on this Site is to be construed to provide tax, legal, financial, investment or other advice. Neither the information, nor any opinion, contained on this Site constitutes a solicitation or offer by Victory or its affiliates to buy or sell any securities, futures, options or other financial instruments, nor shall any such security be offered or sold to any person in any jurisdiction in which such offer, solicitation, purchase, or sale would be unlawful under the securities laws of such jurisdiction. Decisions based on information contained on this Site are your sole responsibility.

ALL INFORMATION AND CONTENT OF THIS SITE ARE, SUBJECT TO APPLICABLE STATUTES AND REGULATION, FURNISHED "AS IS" WITHOUT ANY IMPLIED OR EXPRESSED WARRANTY OF ANY KIND, INCLUDING WITHOUT LIMITATION, THE IMPLIED WARRANTIES OF MERCHANTABILITY, FITNESS FOR A PARTICULAR PURPOSE, ACCURACY OF INFORMATIONAL CONTENT, AND NON-INFRINGEMENT. Victory does not warrant, either expressly or impliedly, the accuracy or completeness of the information, text, graphics, links or other items contained on this Site and does not warrant that the functions contained in this Site will be uninterrupted or error-free, that defects will be corrected, or that the Site will be free of viruses or other harmful components. Victory expressly disclaims all liability for errors and omissions in the materials on this Site and for the use or interpretation by others of information contained on the Site.

In exchange for using this Site, you agree to indemnify and hold Victory, its officers, directors, employees, affiliates, agents, licensors and suppliers harmless against any and all claims, losses, liability, costs and expenses (including but not limited to attorneys’ fees) arising from your use of this Site, from your violation of these Terms or from any decisions that you make based on such information.


Timeliness of Content

All content on this Site is presented only as of the date published or indicated, and may be superseded by subsequent market events or for other reasons. In addition, you are responsible for setting the cache settings on your browser to ensure you are receiving the most recent data.


Prohibited Uses

Except as otherwise stated in these Terms or as expressly authorized by Victory in writing, you may not:

  • Use this Site in any manner that could damage or overburden any Victory server, or any network connected to any Victory server, as all servers have limited capacity and are used by many people;
  • Use this Site in any manner that would interfere with another party’s use of the Site;
  • Include the term “Victory,” “Victory Capital Management,” ”Victory Capital Advisers,” “Victory Portfolios” or any other Victory trademark or executive’s name, or any variation of the foregoing, as a meta-tag, hidden textual element;
  • Use any robot, spider, intelligent agent, other automatic device, or manual process to search, monitor or copy this Site or the reports, data, information, content, software, products services, or other materials on, generated by or obtained from this Site, whether through links or otherwise (collectively, “Materials”), without Victory’s permission, provided that generally available third-party web browsers may be used without such permission; or
  • Use this Site, the Materials or any other indicator in any manner that could create an impression of affiliation, sponsorship or endorsement between any user and/or website and Victory.

Copyrights and Restriction on Use of Material

The content contained on this Site and any other Victory website on the Internet is owned or licensed by Victory and its third-party information providers and is protected by applicable copyrights, trademarks, service marks, and/or other intellectual property rights. Such content is solely for your personal, non-commercial use. No permission is granted to copy, distribute, modify, post or frame any text, graphics, video, audio, software code, or user interface design or logos.

You may download material displayed on this Site for your personal use provided you also retain all copyright and other proprietary notices contained on the materials. You may not distribute, modify, transmit, reuse, repost, or use the content of this Site for public or commercial purposes, including all text, images, audio, and video, without Victory’s written permission. Modification or use of the materials for any other purpose violates Victory’s intellectual property rights. 

All trademarks, service marks, trade names, and logos displayed on this Site are proprietary to Victory and/or their respective owners. Nothing contained on this Site should be construed as granting, by implication, estoppel, or otherwise, any license or right to use any trademark displayed on this Site without the written permission of Victory or such other third party that may own the trademark displayed on this Site. Your use of the trademarks displayed on this Site, except as provided herein, is strictly prohibited.

The use of the images displayed on this Site by you, or anyone else authorized by you, is prohibited. Any unauthorized use of the images may violate copyright laws, trademark laws, and the laws of privacy and publicity, and communications, as well as other regulations and statutes. If you download any information from this Site, you agree that you will not copy it or remove or obscure any copyright or other notices or legends contained in any such information.


Third-Party Content

Victory is in no way responsible for the content of any site owned by a third party that may be linked to Victory's website via hyperlink, whether such hyperlink is provided by Victory or by a third party. No judgment or warranty is made with respect to the accuracy, timeliness, or suitability of the content of any site to which Victory may link, including information on the site regarding Victory, and Victory takes no responsibility therefore. By providing access to other websites, neither Victory nor its affiliates is recommending the purchase or sale of the stock issued by any company, nor is it endorsing services provided by any website’s sponsoring organization. Victory likewise is not responsible for content that appears on this Site that may be provided by a third party or the accuracy of such third party content.


Links

At times, Victory may supply links to other websites or services that are not affiliated with Victory. We cannot control these sites and make no representations, warranties, assurances, or endorsements regarding any information or security on those sites. You agree not to hold Victory liable for the content of any such site.


Linking To Us

Individuals may, for personal use, bookmark or point to any page within the Site. Commercial links to this site are not permitted unless you receive permission from Victory. To request permission, please email the reason for your request and contact information to: webinquiry@vcm.com


Submissions and Postings

Unless otherwise indicated for a particular service, any communications or material you email, post or otherwise transmit to or through this Site, including data, questions, comments, or suggestions will be treated as non-confidential and nonproprietary. On occasion, Victory may reproduce, disclose, transmit, publish, broadcast, or post such communications or material. Furthermore, Victory is free to use any ideas, concepts, know-how, or techniques contained in any communication you send to Victory for any purpose whatsoever, including, but not limited to, developing and marketing product using such information. Electronic communications can be intercepted by third parties and, accordingly, transmissions to and from this Site may not be secure. Communications to Victory, particularly those containing confidential information, may be sent by mail to:

Victory Capital Management Inc., 4900 Tiedeman Road, Brooklyn, OH 44144.


Information for Foreign Investors

The services and products described on this web site are intended to be made available only to persons in the United States and the information on this web site is only for such persons. Nothing on this web site will be considered a solicitation to buy or an offer to sell a security to any person in any jurisdiction where such offer, solicitation, purchase or sale would be unlawful under the securities laws of such jurisdiction. Persons outside of the United States may contact us for more information about any product or services that may be available to them. Software from this web site is subject to United States export controls. Software from this site may not be downloaded or otherwise exported or reexported outside the United States. By downloading or using the software, you represent and warrant that you are not located in, under the control of, or a national or resident of any country or territory outside of the United States.


Jurisdictional Issues and Applicable Law

Unless otherwise specified, Victory controls and operates this Site from our offices within the State of Ohio, United States of America. Victory does not claim that materials on this Site are appropriate or available for use in locations other than the United States. If you choose to access this Site from other locations, you do so on your own initiative, and you are responsible for compliance with any applicable local laws.

The laws of the State of Ohio govern these Terms, without regard to principles of conflict of laws. If you take legal action relating to the contents of this or any other Victory website you agree to file such action only in State courts in Cuyahoga County, Ohio, or the United States District Court for the Northern District of Ohio, Eastern Division, and you consent and submit to the personal jurisdiction of those courts for the purposes of litigating any such action.


Limitation of Liability

In no event will Victory and its affiliates be liable, under any circumstances, for any special or consequential damages that may result from the use of, or the inability to use, the materials on this web site, even if Victory or a Victory-authorized representative has been advised of the possibility of such damages.

Neither Victory nor its affiliates are or will be liable for damages or injury, including but not limited to damages or injury caused by any performance, failure of performance, error, omission, interruption, deletion, defect, delay in operation or transmission, computer virus, communication line failure, theft or destruction or unauthorized access to, alteration of, or use of information, whether resulting, in whole or in part, from breach of contract, tortuous behavior, negligence, or otherwise. If you live in a state that does not allow the limitation or exclusion of liability or incidental or consequential damages, the above limitation or exclusion may not apply to you. In no event shall Victory's total liability to you for damages, losses, and causes of action, whether in contract, tort (including, but not limited to, negligence), or otherwise, exceed the amount paid by you, if any, for accessing Victory's site.


Termination

Victory may terminate your access to this Site for any reason, without prior notice.

Either party may terminate this agreement at any time by destroying all materials obtained from this or any other Victory website and all related documentation, copies, and installations, whether or not made under these terms. Victory will terminate this agreement immediately without notice if, in Victory's sole discretion, you fail to comply with any Term of this agreement. Upon termination, you must destroy all materials obtained from this or any other Victory website and all copies of those materials, whether or not they were made under these Terms.


Waiver

No waiver by Victory of any right under or term or provision of these Terms will be deemed a waiver of any other right, term, or provision of these Terms at the time of such waiver or a waiver of that or any other right, term, or provision of these Terms at any other time.


Integration and Severability

If any provision of these Terms in deemed unlawful, void, or for any reason unenforceable, then that provision will be deemed severable from these Terms and will not affect the validity and enforceability of the remaining provisions. The preceding Terms of use represent the entire agreement between Victory and the user relating to the subject matter herein.