Risk Disclosure
Last updated: April 2026
General Investment Risk
All investments carry risk. The value of investments and the income derived from them may go down as well as up. You may not receive back the full amount you invest. Past performance is not a reliable indicator of future results.
Market Risk
Financial markets can be volatile and are influenced by economic, political, and geopolitical events. The value of securities and other financial instruments may fluctuate significantly and without warning.
Currency Risk
Investments denominated in foreign currencies are subject to exchange rate fluctuations, which may reduce the value of such investments when converted back to your base currency.
Liquidity Risk
Certain investments may be difficult to sell or redeem at short notice. This may be particularly relevant for alternative investments, private equity, real estate, and other illiquid asset classes.
Leverage and Derivatives
Some investment strategies may involve the use of leverage or derivative instruments, which can amplify both gains and losses. Such strategies are not suitable for all investors.
Seek Independent Advice
Before making any investment decision, we strongly recommend consulting with an independent financial adviser who can assess your individual circumstances, risk tolerance, and investment objectives.
This document does not constitute financial advice. Investment involves significant risk of loss.