All investing involves risk, including the possible loss of principal. No investment strategy, security, or portfolio can be guaranteed to achieve a profit or prevent a loss.
Market and price risk
Investment values may rise or fall because of market conditions, issuer performance, interest rates, inflation, currency movements, political events, liquidity, and other factors.
Past performance
Past performance is not indicative of future results. Historical data, projections, targets, and examples are not promises or guarantees of future performance.
Suitability and diversification
An investment suitable for one person may not be suitable for another. Diversification and asset allocation may help manage certain risks but do not assure a profit or protect against all losses.
Specialized investments
Some investments may involve leverage, illiquidity, limited transparency, concentration, complex tax treatment, or the risk of losing more than an initial investment. Review all offering documents carefully.
Independent advice
Consider your objectives, financial circumstances, knowledge, and tolerance for loss. Seek qualified legal, tax, and financial advice where appropriate before acting.