| Last updated (7th August 2006)

Direct Asset Management is committed to protecting your privacy. Please read
the Direct Asset Management Online Privacy Statement below.
This Direct Asset Management Online Privacy Statement applies to data
collected by Direct Asset Management through the majority of its Web sites and
services, as well as its offline product support services. It does not apply to
those Direct Asset Management sites, services and products that do not display
or link to this statement or that have their own privacy statements.
At some Direct Asset Management sites, we ask you to provide personal
information, such as your e-mail address, name, home or work address or
telephone number. We may also collect demographic information, such as your
post code, age, gender, preferences, interests and favorites. If you choose to
make a purchase or sign up for a paid subscription service, we will ask for
additional information, such as your credit card number and billing address,
that is used to create a Direct Asset Management billing account.
We may collect information about your visit, including the pages you view,
the links you click and other actions taken in connection with Direct Asset
Management sites and services. We also collect certain standard information
that your browser sends to every website you visit, such as your IP address,
browser type and language, access times and referring Web site addresses.
When you receive newsletters or promotional e-mail from Direct Asset
Management, we may use web beacons (described below), customised links or
similar technologies to determine whether the e-mail has been opened and which
links you click in order to provide you more focused e-mail communications or
other information.
In order to offer you a more consistent and personalised experience in your
interactions with Direct Asset Management, information collected through one
Direct Asset Management service may be combined with information obtained
through other Direct Asset Management services. We may also supplement the
information we collect with information obtained from other companies. For
example, we may use services from other companies that enable us to derive a
general geographic area based on your IP address in order to customise certain
services to your geographic area.
Direct Asset Management collects and uses your personal information to
operate and improve its sites and deliver the services or carry out the
transactions you have requested. These uses may include providing you with more
effective customer service; making the sites or services easier to use by
eliminating the need for you to repeatedly enter the same information;
performing research and analysis aimed at improving our products, services and
technologies; and displaying content and advertising that are customised to
your interests and preferences.
We also use your personal information to communicate with you. We may send
certain mandatory service communications such as welcome letters, billing
reminders, information on technical service issues, and security announcements.
Some Direct Asset Management services may send periodic member letters that are
considered part of the service. We may also occasionally send you product
surveys or promotional mailings to inform you of other products or services
available from Direct Asset Management and its affiliates.
Personal information collected on Direct Asset Management sites and services
may be stored and processed in the United Kingdom or any other country in which
Direct Asset Management or its affiliates, subsidiaries or agents maintain
facilities, and by using a Direct Asset Management site or service, you consent
to any such transfer of information outside of your country.
Except as described in this statement, we will not disclose your personal
information outside of Direct Asset Management and its controlled subsidiaries
and affiliates without your consent. Some Direct Asset Management sites allow
you to choose to share your personal information with select Direct Asset
Management partners so that they can contact you about their products, services
or offers. Other sites do not share your contact information with third parties
for marketing purposes, but instead may give you a choice as to whether you
wish to receive communications from Direct Asset Management on behalf of
external business partners about a partner's particular offering (without
transferring your personal information to the third party).
Some Direct Asset Management services may be co-branded and offered in
conjunction with another company. If you register for or use such services,
both Direct Asset Management and the other company may receive information
collected in conjunction with the co-branded services.
We may access and/or disclose your personal information if we believe such
action is necessary to: (a) comply with the law or legal process served on
Direct Asset Management; (b) protect and defend the rights or property of
Direct Asset Management (including the enforcement of our agreements); or (c)
act in urgent circumstances to protect the personal safety of users of Direct
Asset Management services or members of the public.
You may have the ability to view or edit your personal information online.
In order to help prevent your personal information from being viewed by others,
you will be required to sign in with your credentials (such as an e-mail
address or username and password). The appropriate method(s) for accessing your
personal information will depend on which sites or services you have used.
You may have the ability to view or edit your personal information online.
In order to help prevent your personal information from being viewed by others,
you will be required to sign in with your credentials (such as an e-mail
address or username and password). The appropriate method(s) for accessing your
personal information will depend on which sites or services you have used.
Direct Asset Management Web sites use "cookies" to enable you to
sign in to our services and to help personalise your online experience. A
cookie is a small text file that is placed on your hard disk by a Web page
server. Cookies contain information that can later be read by a web server in
the domain that issued the cookie to you. Cookies cannot be used to run
programs or deliver viruses to your computer.
Direct Asset Management Web sites use cookies to store your preferences and
other information on your computer in order to save you time by eliminating the
need to repeatedly enter the same information and to display your personalised
content and appropriate advertising on your later visits to these sites.
When you sign in to a site using your credentials, the Direct Asset
Management cookie stores your unique ID number, and the time you signed in, in
an encrypted cookie on your hard disk. This cookie allows you to move from page
to page at the site without having to sign in again on each page. When you sign
out, these cookies maybe deleted from your computer. We also use cookies to
improve the sign in experience. For example, your e-mail address may be stored
in a cookie that will remain on your computer after you sign out.
Direct Asset Management is concerned about controlling unsolicited
commercial e-mail, or "spam." Direct Asset Management has a strict
Anti-Spam Policy prohibiting the use of a Hotmail or other MSN e-mail account
to send spam. Direct Asset Management will not sell, lease or rent its e-mail
subscriber lists to third parties. While Direct Asset Management continues to
actively review and implement new technology, such as expanded filtering
features, there is no currently available technology that will totally prevent
the sending and receiving of unsolicited e-mail. Using tools such as the Inbox
Protector and being cautious about the sharing of your e-mail address while
online will help reduce the amount of unsolicited e-mail you receive.
If you have questions regarding this statement, you should first contact us
by using our contact us page.
We will occasionally update this privacy statement to reflect changes in our
services and customer feedback. When we post changes to this Statement, we will
revise the "last updated" date at the top of this statement. If there
are material changes to this statement or in how Direct Asset Management will
use your personal information, we will notify you either by prominently posting
a notice of such changes prior to implementing the change or by directly
sending you a notification. We encourage you to periodically review this
statement to be informed of how Direct Asset Management is protecting your
information.
© 2006 Direct Asset Management Ltd. All rights reserved.
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