Subscription Terms of Service
These Terms and Conditions are an agreement between you ("you") and The Motley Fool Australia, Pty Ltd ("The Motley Fool," "Fool Australia," or "we"), PO Box 104, Isle of Capri, Qld 4217, by which we provide you access to our service, Motley Fool Cloud Disruptors (the "Service"). By subscribing to, and using the Service you are agreeing to be bound by all applicable terms and conditions including (if applicable) the rules governing your use of our discussion forums.
Financial Services Guide
Prior to subscribing, please review our Financial Services Guide (FSG). By subscribing to and using the Service, you specifically acknowledge that you have received, read and understood our FSG.
Motley Fool Cloud Disruptors; Operating Rules
The Service is an actively managed real-money portfolio aimed at helping investors who are interested in small-medium cap cloud stocks. Fool Australia is exclusively funding the portfolio and consequently, any realised gains or losses will belong to Fool Australia.
As a subscriber, you will be alerted of any upcoming transactions, which you can mirror in your personal account should you choose to do so. The Service will wait at least one full market day after a trade alert has been issued to transact in that security.
Warning – General Advice Only
The Service provides investing commentary and recommendations for buying and selling shares of publicly traded companies. As stated in our FSG, The Motley Fool (AFSL 400691) provides only general financial advice. That is, the information contained in the Service has been prepared without taking your personal circumstances into account. You should therefore consider the appropriateness of the advice we provide in light of your own objectives, financial situation or needs before acting on any of our recommendations. Before buying any of our recommendations, you should also review any product disclosure statement (PDS), prospectus or other disclosure document provided by the issuer.
You may email your comments and questions about our coverage and our advisors will endeavour to respond to them directly to you via email. We will not (and cannot) address your specific investment situation and our comments will not constitute advice that a specific security, strategy or action is suitable for you. If you feel you need personalised advice, please consult your accountant or other finance professional.
You therefore agree that all commentary, statements of opinion and recommendations found in the Service and any related material as well as any communication from Fool Australia to you (including in any emails) is general advice only and we have not taken into account your personal objectives, financial situation or circumstances when preparing or providing such information. You further agree that you bear all the responsibility for your own investment research and investment decisions.
Portfolio Performance
The Service's returns reflect the gains and losses of its real money portfolio. The Service's returns are based on the percentage change between the stock price at the time we bought the shares and the current or sell price (if the position has been closed) at the time of the transaction. Brokerage, taxes and any other associated costs are not taken into account. The returns displayed are not net of fees.
Please remember that investments can go up and down. Past performance is not necessarily indicative of future returns. Performance figures are not intended to be a forecast and we do not guarantee the performance of, or returns on any investment.
Fees and Cancellations
The Service is available only by subscription, meaning that you sign up for a set term. All service fees are due in advance. All Service fees are non-refundable, except as required by Australian Consumer Protection statutes.
Please note: once a subscription is cancelled, you will no longer have access to any of our content including without limitation past recommendations, articles and special reports. You acknowledge and understand that any material you wish to retain must be downloaded or printed prior to termination of your subscription. Otherwise, you lose the right to do so.
Payment
For information on the cost of the Service, please consult our FSG.
Currently, you can pay for your subscription via credit card or PayPal. If you indicate that you wish to pay via PayPal, you will be transferred to the PayPal website to complete the purchase. Please note that once on the PayPal site you are subject to PayPal's policies and terms of service, which are completely outside of The Motley Fool's control.
Prices published on Fool.com.au are quoted in Australian dollars and are inclusive of GST and all other duties and taxes, as required by law. The Motley Fool cannot issue refunds or withhold from your subscription fee any amounts for GST. If you think you are entitled to a GST refund, please contact the Australian Tax Office.
The Motley Fool reserves the right to increase the Service's subscription fee or institute new charges upon reasonable notice.
Annual or Fixed-Term Subscribers to the Service: Fees, Automatic Renewals and Cancelations
If you are subscribing to the Service for a set term, the Service fee for the subscription term (the "Service Fee") is payable at the time of subscription. This initial Service Fee is non-refundable except as required by Australian Consumer Protection statutes.
All service fees are due in advance. Regardless of initial term, your subscription will automatically renew for one year terms, after the expiration of the initial term, until you notify us of your decision to terminate your membership. Accordingly, you agree that your subscription fee will be billed automatically at the beginning of each renewal period. For information on the cost of the Service, please consult our FSG.
You may cancel your subscription at any time by contacting [email protected]. If you cancel your subscription you will not receive a refund. You agree that your Service Fee will be billed automatically at the beginning of each renewal period and except as expressly provided in these terms, any Service Fee paid hereunder is non-refundable except as required by Australian Consumer Protection statutes.
We reserve the right to raise the Service Fee or institute new charges upon reasonable notice.
Please note that under our Anti Money Laundering procedures, Fool Australia will not issue you a refund totalling more than $5000 in any six-month period without additional verification as to your identity.
Access to the Service
If you are a first-time subscriber, you will need to provide Fool Australia with your name, email address, and billing and shipping addresses. You certify that all information you provide is accurate. You also agree to maintain and update your information as necessary so that it remains accurate and current. If any information you provide is inaccurate or not up-to-date, The Motley Fool reserves the right to cancel your subscription.
You will also be asked to create a password. You will need this password in order to access the Service. The Service should only be accessed by paid Fool Australia members. Accordingly, you agree not to forward any Service-related content to any third party without Fool Australia's written permission.
Disclaimer
The Service bases its recommendations and forecasts on techniques, information and sources believed to be reliable in the past and at the time of publication. However, The Motley Fool does not warrant the completeness or accuracy of the information presented. We make no promises that the Service will be delivered to you on an uninterrupted, timely, secure or error-free basis. To the maximum extent permitted by law, Fool Australia, its affiliates and their respective directors, officers and employees disclaim any liability for any loss or damage arising from your use of, or reliance on the information provided. If the law prohibits this exclusion, Fool Australia hereby limits its liability, to the extent permitted by law.
Modification or Discontinuation
The Motley Fool reserves the right to modify, suspend or discontinue all, or part of the Service. In the event we discontinue the Service, you agree that we may transfer your subscription to another Fool Australia service of equal or greater value. Without limiting any of the foregoing, you agree that if this Service is discontinued, The Motley Fool's only obligation to you is to provide you with a pro-rated refund, at your request.
Intellectual Property
Our Content is protected by Australian and international copyright, trademark and other intellectual property laws and is the property of Fool Australia and/or providers of the Content under licence. "Content" means any information, mode of expression, or other material found published by Fool Australia including without limitation our recommendations, writings, graphics and all other features.
All Content is intended for individual, non-commercial use only. You may download or print one copy of any material. Any other copying, distribution, storing, transmission or re-dissemination of any kind, is prohibited without The Motley Fool's prior written permission. Aside from opening yourself up to liability, distributing our Content to other sites and individuals is unfair to our members who pay good money to receive our Content. So please don't do it.
Privacy
All personal data you provide to Fool Australia is maintained in the United States of America. By subscribing and using the Service, you consent to our transferring and handling the data under the terms of our Privacy Policy, which is incorporated by reference.
If you are using PayPal to pay for your subscription, PayPal is processing payment and we do not have access to your credit card information. Accordingly, you agree that Fool Australia has no responsibility or liability for PayPal's privacy practices.
Changes to these Terms and Conditions
We may change these terms at any time, but we will post a notice on the Service's website of any material changes. Your continued use and access of the Service means that you accept any new or modified terms.
General Information
If any part of this Agreement is invalid or unenforceable, the remaining provisions will continue in full force and effect.
These Terms and Conditions are governed by and interpreted in accordance with the laws of the State of Victoria, Australia.
Updated: 20 April, 2020
