While clients are protected from some downside risk, if the negative return is in excess of the Downside Protection, there is risk of substantial loss of principal. (us.axa.com)
4 There is risk of substantial loss of principal because you would agree to absorb all losses to the extent they exceed the protection provided by the Structured Investment Option at maturity. (us.axa.com)
Futures trading is complex and carries the risk of substantial losses. (decarley.isystems.com)