Our relationship with our clients is our most important asset. We understand that clients entrust us with their private information. Please take a moment to read about the steps we take to maintain that trust and our approach to privacy.
In order to provide financial products and services to our clients efficiently and accurately and to comply with legal obligations, we* may collect non-public personal information about our clients and former clients from the following sources: (1) information we receive from Orbis Fund documentation, including applications or other forms and (2) information about clients' transactions with the Orbis Group and others (including information such as clients' holdings and transaction activity).
* Investors in Orbis SICAV should note that Orbis SICAV is the data controller under Luxembourg law of 2 August 2002 on the protection of persons with regard to the processing of personal data.
We maintain physical, electronic, and procedural safeguards to protect clients' non-public personal information. We do not sell clients' non-public personal information to anyone. By continuing to remain invested in Orbis Funds, clients consent to their personal data being transferred to Orbis Investment Advisory (Pty) Limited in Australia, Orbis Investment Advisory Limited in the United Kingdom, Orbis Investment Management Limited and Orbis Investment Management (B.V.I.) Limited in Bermuda and in the USA and to third party service providers based in Luxembourg, the United Kingdom, Bermuda, South Africa and Canada, other existing and future Orbis entities and service providers and their affiliates and to any successors agents or delegates carrying out their functions which may be persons based outside those jurisdictions. The transferred data comprise the information supplied on the original application forms and switch/redemption/transfer forms, identification documentation and transaction and account related instructions such as address changes, contract notes and trade confirmations. Such transfers take place in order to provide clients with the requested services or information efficiently and to comply with legal requirements. When such transfers take place, regulatory or tax or foreign exchange authorities or law enforcement officials in the jurisdictions to which any data is transferred may compel the disclosure of such information.
Investors in Orbis SICAV should refer to the Data Protection section of the Orbis SICAV prospectus for a more detailed description of the treatment of their personal information and their rights under Luxembourg law.
Except under limited circumstances described herein, all entities to which personal data are transferred are required to maintain the confidentiality of such information to the extent they receive it, and to use the information only in the course of providing such services. Entities to which personal data are transferred may not disclose clients’ nonpublic personal data to persons other than those identified in the previous paragraph except in the following circumstances: