Previous Page  43 / 46 Next Page
Information
Show Menu
Previous Page 43 / 46 Next Page
Page Background

Press, Journal Article

43

2016-GL-4376

7/16

Important Information

This material, including any statements, information, data and content contained within it and any materials, information, images, links,

graphics or recording provided in conjunction with this material are being furnished by T. Rowe Price for general informational purposes only.

The material is not intended for use by persons in jurisdictions which prohibit or restrict the distribution of the material and in certain countries

the material is provided upon specific request. It is not intended for distribution to retail investors in any jurisdiction. Under no circumstances

should the material, in whole or in part, be copied or redistributed without consent from T. Rowe Price. The material does not constitute a

distribution, an offer, an invitation, recommendation or solicitation to sell or buy any securities in any jurisdiction. The material has not been

reviewed by any regulatory authority in any jurisdiction. The material does not constitute advice of any nature and prospective investors are

recommended to seek independent legal, financial and tax advice before making any investment decision. Past performance is not a reliable

indicator of future performance. The value of an investment and any income from it can go down as well as up. Investors may get back less

than the amount invested.

The views contained herein are as of July 2016 and may have changed since that time.

Australia

—Issued in Australia by T. Rowe Price International Ltd. (ABN 84 104 852 191), Level 50, Governor Phillip Tower, 1 Farrer Place,

Suite 50B, Sydney, NSW 2000, Australia. T. Rowe Price International Ltd. is exempt from the requirement to hold an Australian financial

services licence in respect of the financial services it provides in Australia. T. Rowe Price International Ltd. is authorised and regulated by the

UK Financial Conduct Authority under UK laws, which differ from Australian laws. For Wholesale Clients only.

Canada

—Issued in Canada by T. Rowe Price (Canada), Inc. T. Rowe Price (Canada), Inc.’s investment management services are only

available to Accredited Investors as defined under National Instrument 45-106. T. Rowe Price (Canada), Inc. enters into written delegation

agreements with affiliates to provide investment management services.

DIFC

—Issued in the Dubai International Financial Centre by T. Rowe Price International Ltd. This material is communicated on behalf of

T. Rowe Price International Ltd. by its representative office which is regulated by the Dubai Financial Services Authority. For Professional

Clients only.

EEA

—Issued in the European Economic Area by T. Rowe Price International Ltd., 60 Queen Victoria Street, London EC4N 4TZ which is

authorised and regulated by the UK Financial Conduct Authority. For Professional Clients only.

Hong Kong

—Issued in Hong Kong by T. Rowe Price Hong Kong Limited, 21/F, Jardine House, 1 Connaught Place, Central, Hong Kong.

T. Rowe Price Hong Kong Limited is licensed and regulated by the Securities & Futures Commission. For Professional Investors only.

Japan

—Issued in Japan by T. Rowe Price International Ltd., Tokyo Branch (KLFB Registration No. 445 (Financial Instruments Service

Provider), JIAA Membership No. 011-01162), located at GranTokyo South Tower 7F, 9-2, Marunouchi 1-chome, Chiyoda-ku, Tokyo 100-6607.

This material is intended for use by Professional Investors only and may not be disseminated without the prior approval of T. Rowe Price

International Ltd., Tokyo Branch.

Singapore

—Issued in Singapore by T. Rowe Price Singapore Private Ltd., No. 501 Orchard Rd, #10-02 Wheelock Place, Singapore 238880.

T. Rowe Price Singapore Private Ltd. is licensed and regulated by the Monetary Authority of Singapore. For Institutional and Accredited

Investors only.

Switzerland

—Issued in Switzerland by T. Rowe Price (Switzerland) GmbH ("TRPSWISS"), Talstrasse 65, 6th Floor, 8001 Zurich, Switzerland.

For Qualified Investors only.

USA

—Issued in the USA by T. Rowe Price Associates, Inc., 100 East Pratt Street, Baltimore, MD, 21202, which is regulated by the U.S.

Securities and Exchange Commission. For Institutional Investors only.

T. ROWE PRICE, INVEST WITH CONFIDENCE and the Bighorn Sheep design are, collectively and/or apart, trademarks or registered

trademarks of T. Rowe Price Group, Inc. in the United States, European Union, and other countries. This material is intended for use only in

select countries.