United Kingdom
Oldfield Partners
Oldfield Partners
  • About Us
    • Philosophy
    • Approach
    • Team
    • Responsible Investment
  • Strategies
    • Global Large Cap
    • Global All Cap
    • Global Small Cap
    • International
    • Emerging Markets
  • Insights & Documents
    • Insights
    • Documents
  • Contact Us
  • Legal & Regulatory
    • Conflicts of Interest Policy
    • Terms of Use
    • Privacy Policy
    • Cookie Policy
    • Pillar 3 Statement
    • Best Execution Annual Disclosure
    • RTS 28 Report – Parent Brokers
    • Complaints Handling Procedure
See all legal and regulatory information
Conflicts of Interest Policy
Terms of Use
Privacy Policy
Cookie Policy
MIFIDPRU 8 Disclosure 2023
Anti-Slavery Policy
Directors' Section 172(1) Statement
Best Execution Annual Disclosure
2017 2018 2019 2020
RTS 28 Report - Parent Brokers
2017 2018 2019 2020
Complaints Handling Procedure

All rights reserved. The information contained in this website is issued and approved by Oldfield Partners LLP (“OP”) for Professional Clients only (not for Retail Clients) as defined by the rules of the UK Financial Conduct Authority. No warranty of any kind, implied, expressed or statutory, is given in conjunction with the information and data and any opinions expressed herein may be changed without notice at any time after publication.

Oldfield Partners is a Limited Liability Partnership registered in England and Wales (registered number OC309959) whose registered office is at 11 Grosvenor Place, London, SW1X 7HH. See our location on the contact page. Oldfield Partners is authorised and regulated by the Financial Conduct Authority of the United Kingdom.

United Kingdom
United Kingdom United States Canada Other
Oldfield Partners

Please select your investor type

I confirm that one of the following definitions applies to my company:

  1. FCA authorised entity
  2. Large entity meeting at least two of the following size requirements on a company basis:
    1. Balance sheet total of EUR 20,000,000 (or equivalent)
    2. Net turnover of EUR 40,000,000 (or equivalent)
    3. Own funds of EUR 2,000,000 (or equivalent)
  3. Government body or Local authority

I confirm that:

  1. I have been an active investor in the stock markets for more than 5 years.
  2. I have invested in overseas stock markets as well as UK markets.
  3. I understand the nature of an investment in the funds managed by Oldfield Partners LLP, including the risks involved.
  4. In light of the nature of an investment in the funds managed by Oldfield Partners LLP, I am capable of making my own investment decisions and understanding the risks involved.
  5. I have the financial ability to bear the risk that I may get back less than the amount that I invested.

I confirm that:

  1. I represent a UK local public authority or municipality (“LPA”) which has been an active investor in the stock markets for more than 5 years.
  2. The LPA has invested in overseas stock markets as well as UK markets.
  3. I understand the nature of an investment in the funds managed by Oldfield Partners LLP, including the risks involved.
  4. I understand the nature of an investment in the funds managed by Oldfield Partners LLP, including the risks involved.
  5. The LPA has the financial ability to bear the risk that it may get back less than the amount invested.

Please select your investor type

I confirm that:

  1. I have been an active investor in the stock markets for more than 5 years.
  2. I have invested in stock markets other than US markets.
  3. I understand the nature of an investment in the funds managed by Oldfield Partners LLP, including the risks involved.
  4. In light of the nature of an investment in the funds managed by Oldfield Partners LLP, I am capable of making my own investment decisions and understanding the risks involved.
  5. I have the financial ability to bear the risk that I may get back less than the amount that I invested.
  6. One of the following definitions applies to me:
    1. The Account is a natural person whose individual net worth*, or joint net worth with that person’s spouse, at the time of his or her purchase exceeds $1,000,000.
    2. The Account is a natural person who had individual income in excess of $200,000 in each of the last two calendar years, or joint income with that person’s spouse in excess of $300,000 in each of those years, and has a reasonable expectation of reaching the same income level in this calendar year.
* Net worth for this purpose means total assets (excluding primary residence) in excess of total liabilities. Total liabilities excludes indebtedness secured by the primary residence, provided that such indebtedness does not exceed the fair market value of such residence and was not incurred within 60 days of the date of the subscription hereby made.

Please select your investor type

I confirm that one of the following definitions under I, II or III and that one of the following categories under IV applies to my company:

  1. Authorised or regulated by a financial regulatory authority:
    1. Ontario Securities Commission
    2. Autorité des marchés financiers
    3. British Columbia Securities Commission
    4. Alberta Securities Commission
    5. Nova Scotia Securities Commission
    6. Superintendent of Financial Institutions – Canada
    7. Provincial pension authority
    8. Provincial financial services regulator
    9. Other (please specify above)
  2. Large entity meeting at least two of the following size requirements on a company basis:
    1. Balance sheet total of EUR 20,000,000 (or equivalent)
    2. Net turnover of EUR 40,000,000 (or equivalent)
    3. Own funds of EUR 2,000,000 (or equivalent)
  3. Government body or Local authority
  4. One of the following definitions must apply to my company:
    1. A Canadian financial institution* or a schedule III bank*
    2. The Business Development Bank of Canada incorporated under the Business Developmanr Bank of Canada Act (Canada),
    3. A subsidary* of any person* referred to in paragraph (A) or (B), if the person or company owns all of the voting securities of the subsidary, except the voting securities required by law to be owned by directors of the subsidary,
    4. a person* or company registered under the securities legislation of a jurisdiction of Canada as an adviser, investment dealer, mutual fund dealer or exempt market dealer,
    5. A pension fund that is regulated by either the federal Office of the Superintendent of Financial Institutions or a pension commission or similar regulatory authority of a jurisdiction of Canada or a wholly-owned subsidiary* of such a pension fund,
    6. An entity organized in a foreign jurisdiction* that is analogous to any of the entities referred to in paragraphs (A) to (E),
    7. the Government of Canada or a jurisdiction of Canada, or any Crown corporation, agency or wholly owned entity of the Government of Canada or a jurisdiction of Canada,
    8. Any national, federal, state, provincial, territorial or municipal government of or in any foreign jurisdiction, or any agency of that government,
    9. A municipality, public board or commission in Canada and a metropolitan community, school board, the Comité de gestion de la taxe scolaire de l’île de Montréal or an intermunicipal management board in Québec,
    10. A trust company or trust corporation registered or authorized to carry on business under the Trust and Loan Companies Act (Canada) or under comparable legislation in a jurisdiction of Canada or a foreign jurisdiction*, acting on behalf of a managed account* managed by the trust company or trust corporation, as the case may be,
    11. A person* or company acting on behalf of a managed account* managed by the person or company, if the person or company is registered or authorized to carry on business as an adviser or the equivalent under the securities legislation of a jurisdiction of Canada or a foreign jurisdiction*,
    12. An investment fund* if one or both of the following apply:
      1. the fund is managed by a person* or company registered as an investment fund manager under the securities legislation of a jurisdiction of Canada
      2. the fund is advised by a person* or company authorized to act as an adviser under the securities legislation of a jurisdiction of Canada
    13. A registered charity under the Income Tax Act (Canada) that obtains advice on the securities to be traded from an eligibility adviser, as defined in section 1.1 of NI 45-106, or an adviser registered under the securities legislation of the jurisdiction of the registered charity,
    14. A person* or company that is entirely owned by an individual or individuals referred to in paragraph (O) of the definition of ‘permitted client’, who holds the beneficial ownership interest in the person or company directly or through a trust, the trustee of which is a trust company or trust corporation registered or authorized to carry on business under the Trust and Loan Companies Act (Canada) or under comparable legislation in a jurisdiction of Canada or a foreign jurisdiction,
    15. A person* or company, other than an individual or an investment fund, that has net assets of at least C$25 million as shown on its most recently prepared financial statements,
    16. A person* or company that distributes securities of its own issue in Canada only to persons* or companies referred to in paragraphs (A) to (N), or to an individual or individuals referred to in paragraph (N) of the definition of ‘permitted client’ under NI 31-103
  5. The LPA has the financial ability to bear the risk that it may get back less than the amount invested.
*As defined under NI 31-103 and related definitions

I confirm that:

  1. I have been an active investor in the stock markets for more than 5 years.
  2. I have invested in stock markets other than Canadian markets.
  3. I understand the nature of an investment in the funds managed by Oldfield Partners LLP, including the risks involved.
  4. In light of the nature of an investment in the funds managed by Oldfield Partners LLP, I am capable of making my own investment decisions and understanding the risks involved.
  5. I have the financial ability to bear the risk that I may get back less than the amount that I invested.
  6. The following definition applies to me:
    An individual who beneficially owns financial assets, as defined in section 1.1. of NI 45-106, having an aggregated realizable value that, before taxes but net of any related liabilities, exceeds C$5 million.

Please select your investor type

I confirm that one of the following definitions applies to my company:

  1. FCA authorised entity
  2. Large entity meeting at least two of the following size requirements on a company basis:
    1. Balance sheet total of EUR 20,000,000 (or equivalent)
    2. Net turnover of EUR 40,000,000 (or equivalent)
    3. Own funds of EUR 2,000,000 (or equivalent)
  3. Government body or Local authority

I confirm that:

  1. I have been an active investor in the stock markets for more than 5 years.
  2. I have invested in overseas stock markets as well as UK markets.
  3. I understand the nature of an investment in the funds managed by Oldfield Partners LLP, including the risks involved.
  4. In light of the nature of an investment in the funds managed by Oldfield Partners LLP, I am capable of making my own investment decisions and understanding the risks involved.
  5. I have the financial ability to bear the risk that I may get back less than the amount that I invested.
Accept

Important Information

You must read the following important information regarding the use of the restricted part of this website (“Restricted Area“) before proceeding. This important information should be read alongside, and is in addition to, the Terms of Website Use and Privacy Policy (accessible by clicking on the links at the bottom of each page of the website). If you do not agree with this important information, the Term of Website Use and/or the Privacy Policy, you should immediately cease use of this website

The information on the Restricted Area is not intended for use by any person who does not qualify as a professional client or eligible counterparty under the rules of the UK Financial Conduct Authority.

Information on the Restricted Area

The information on the Restricted Area (“Information“) has been approved and issued by Oldfield Partners LLP (“OP“), a limited liability partnership incorporated in England and Wales under number OC309959, authorised and regulated by the Financial Conduct Authority (“FCA“). It does not constitute an offer, invitation or solicitation to any person in any jurisdiction to purchase or sell any investment (including without limitation any unit or share in any of the funds managed or advised by OP). The Information is provided for information purposes only and should not be construed as any form of advertisement or recommendation or providing financial, investment or other professional advice.

The Information is not intended for distribution or use in any jurisdiction or country where it is illegal or unlawful to access and use such information.

Non-UK investors should consider their local regulations before accessing the Information. OP disclaims all responsibility if you access or download any Information in breach of any law or regulation of the country in which you reside.

Accordingly, all persons who access the Restricted Area are required to inform themselves of and to comply with all applicable laws and regulations of any relevant jurisdiction.

Please note that the funds referred to in the Restricted Area are available only to investors that are resident in certain jurisdictions and meet certain eligibility conditions, and are not marketed to investors that are resident in any other jurisdiction.

Notice to users from Canada. The information on the Restricted Area is solely intended for users who are eligible “permitted clients” in the provinces of Alberta, British Columbia, Nova Scotia, Ontario or Québec only for purposes of National Instrument Registration Requirements, Exemptions and Ongoing Registrant Obligations (“NI 31-103”).

Sales Restrictions

United Kingdom: most of the funds referred to in the Restricted Area are not authorised or recognised collective investment schemes for the purposes of the Financial Services and Markets Act 2000 of the United Kingdom (the “Act“) and may not be promoted to the general public. The promotion of such funds and the distribution of offering materials in relation to such funds are therefore restricted by law and accordingly it is the responsibility of any person or persons,  requesting  such offering materials or wishing to make an application to invest in any of such funds to inform themselves of and to comply with all applicable laws and regulations of any relevant jurisdiction.

The information contained in the Restricted Area is only made available to persons to whom such funds may lawfully be promoted by a person authorised under the Act. The Information is unsuitable for and should not be relied upon by any person who does not qualify as a professional client or eligible counterparty under the UK FCA rules.

United States:   Although OP is registered as an investment adviser with the U.S. Securities and Exchange Commission, the funds referred to in the Restricted Area and interests therein have not been registered under the federal securities laws of the United States or the securities laws of any state, and may only be offered to or purchased by investors in the United States pursuant to an appropriate exemption.

An application for shares in any of the funds referred to in the Restricted Area must only be made on the basis of the offering materials relating to the relevant fund (e.g. the fund’s prospectus or other applicable terms and conditions).

Canada: the information on the Restricted Area is strictly restricted to persons who are residents of the provinces of Alberta, British Columbia, Nova Scotia, Ontario or Québec only and who have provided representations to OP and the relevant fund as to their eligibility as (a) an “accredited investor” as defined in section 1.1 of National Instrument 45-106 Prospectus Exemptions, (b) a “permitted client” as defined in section 1.1 of NI 31-103, and (c), if resident in the provinces of Ontario or Québec, a “permitted client” as defined in section 1.1 of NI 31-103 as modified by section 1 of Multilateral Instrument 32-102 Registration Exemptions for Non-Resident Investment Fund Managers.

By seeking and obtaining access to the Restricted Area, you hereby confirm that you have expressly requested that all documents to which you have access in the Restricted Area (including, for greater certainty, any offering materials and related documents) be drawn up in the English language only.  En demandant et en obtenant accès à la partie sécurisée du présent site, vous confirmez par les présentes que vous avez expressément exigé que tous les documents auxquels vous avez accès dans la partie sécurisée de ce site (dont toute notice d’offre et autres documents connexes) soient rédigés en anglais seulement.

Accuracy of information

The Information, which does not purport to be comprehensive, has been obtained from, or is based upon, sources of information believed by OP to be reliable. However, save to the extent required by applicable law or regulations, no guarantee, warranty or representation (express or implied) is or will be made, and no responsibility or liability is or will be accepted by OP or any of its officers, employees, agents or advisers in relation to the adequacy, accuracy, reliability or completeness or reasonableness of the Information. In particular, but without prejudice to the foregoing, no guarantee, warranty or representation is given as to the achievement or reasonableness of any future projections, estimates, prospects or returns contained in the Information.

To the fullest extent permitted by law, OP expressly disclaims liability for errors or omissions in the Information and accepts no liability for any loss or damage arising out of the use or misuse of or reliance on the Information provided including without limitation, any loss or profit or any other damage, direct or consequential.

The Information is current only as at the date it is first posted and may no longer be true or complete when viewed by you. OP may, in its absolute discretion but without being under any obligations to do so, update, amend or supplement the Information without prior notice.

Username and Password

Access to the Restricted Area requires possession of a valid username and password, which will be provided following a successful registration process, and no other person, should attempt to gain access to it.

If you are provided with a username and password to access the Restricted Area, you must treat such information as confidential and not disclose it to any third party or otherwise permit any third party to access the Restricted Area by using your username and password. OP has the right to disable your username or password at any time for any reason including without limitation if in OP’s opinion your circumstances change such that your access to or use of the Restricted Area results or is likely to result in a violation of any applicable laws or regulations or a significant expense or other adverse effect on OP.

By requesting access to the Restricted Area, you confirm the accuracy of the information provided by you to OP as part of the registration process and undertake to inform OP promptly of any changes to such information.

The Information is confidential and you shall not use, distribute, publish, reproduce or disclose to any other person (other than to your advisers) the Information except with the prior written consent of OP.

I hereby confirm that I have read, understood and accepted the above terms.

Decline Accept