SA国际传谋

The fund may invest in bonds of varying credit quality, money market securities, equities and alternative assets and therefore may be subject to high volatility. The value of a unit may fall below the purchase price. Changes in interest rates have an effect on the value of the portfolio. Investment in fixed income securities is usually considered as carrying credit risk (i.e. potential loss due to failure of issuer). The fund can invest in less liquid assets that may be difficult to sell in distressed markets. For these reasons, investment requires a corresponding risk tolerance and capacity. Every fund has specific risks, which can significantly increase under unusual market conditions. Sustainability risks are environmental, social or governance events or conditions that can have a material negative effect on the return, depending on the relevant sector, industry and company exposure. Sustainability risk: the risk arising from any environmental, social or governance events or conditions that, were they to occur, could cause a material negative impact on the value of the investment.