Options trading is a highly specialized activity that entails greater than
ordinary investment risk.
Not exact matches
Our business, financial condition, results of operations, or prospects could be materially and adversely affected if any of these
risks occurs, and as a result, the market price of our ADSs or
ordinary shares could decline and you could lose all or part of your
investment.
You should carefully consider the
risks and uncertainties described below and the other information in this prospectus before making an
investment in our ADSs or
ordinary shares.
But it's one thing to establish a position that
risks a major wipeout of capital, and another to pursue an
investment disipline that maintains a lower tolerance for
risk than
ordinary buy - and - hold investors require over the course of a typical market cycle.
Second mortgages are an example of high -
risk investments which attract higher interest rates and fees than
ordinary bank loans.
Daily access to information concerning the Fund's portfolio holdings also is permitted (i) to certain personnel of those service providers that are involved in portfolio management and providing administrative, operational,
risk management, or other support to portfolio management, including affiliated broker - dealers and / or Authorized Participants, and (ii) to other personnel of the Advisor, Sub-Advisor, and other service providers, such as the Administrator, and fund accountant, who deal directly with, or assist in, functions related to
investment management, administration, custody and fund accounting, as may be necessary to conduct business in the
ordinary course in a manner consistent with agreements with the Fund and / or the terms of the Fund's current registration statement.
At the same time, and
ordinary investment in a basket of lower
investment grade and high yield bonds offers a nice return for those willing to live with some default
risk, which is over-discounted here, even with things as bad as they are.
The purchase of options is a highly specialized activity that involves
investment techniques and
risks different from those associated with
ordinary portfolio securities transactions.
The alternatives face the same
risk factors as
ordinary investments, and they are not underinvested by pension investors.
Responding to a government consultation into how the DR should be set in future, insurance law firm Kennedys said it would be more accurate to base the DR on «
ordinary prudent investors» with a mixed -
risk portfolio of
investments.