Risk Warning

An investor may earn less than the amount invested. Information on past performance, where given, is not necessarily a guide to future performance. The situation of an entity can change rapidly, which may be as a result of several things: general economic conditions, sector-specific problems, foreign exchange depreciation and mismanagement by the entity.

Because you are likely to self-direct yourself for this investment, you should regularly review your portfolio, or seek professional advice, to ensure that the underlying businesses remain in line with your investment objectives. This can be particularly important for those investing towards a defined time horizon – for example, those investing for retirement via a pension.

This write-up is not intended to be fully inclusive of all relevant risks; we would strongly encourage you to ensure that you have read all relevant literature and that you are comfortable that you understand all of the associated risks relating to an investment before you decide whether or not to purchase it.Should you be in any doubt as to the risks involved, or to the suitability of a particular investment, you should seek professional financial advice.