Legal

Risk disclosure

Investment involves risk, including the possible loss of capital. Any return figures shown are targets or expectations, not promises.

This page is a structural placeholder. Final wording is owned by Compliance and will be published from the Regulatory Data Room.

1.General investment risk

Placeholder: the value of investments can fall as well as rise, and you may get back less than you invest.

2.Market risk

Placeholder: prices may move sharply due to economic, political or market conditions.

3.Credit and counterparty risk

Placeholder: an issuer or counterparty may fail to meet its obligations.

4.Liquidity risk

Placeholder: some products allow redemption only at defined windows, or not at all before term.

5.Currency risk

Placeholder: currency movements may reduce returns for investors holding another base currency.

6.Concentration risk

Placeholder: exposure concentrated in a sector, region or asset increases volatility.

7.Financing risk

Placeholder: borrowing carries repayment obligations; failure to repay may have consequences set out in your facility documentation.

8.No guarantees

Placeholder: we do not offer guaranteed returns, guaranteed approval or risk-free products.