CIO Views –November Monthly Bulletin

IMPORTANT INFORMATION

• Investment involves risk. The offering document should be read for further details including the risk factors. Past performance information presented is not indicative of future performance.
• This website contains information about investment funds which invest in equities and/or bonds, each with different risk profiles. The funds may not be suitable for all investors. Prices of equities and bonds may fluctuate and you may not get back your original investment.
• Some funds may invest in emerging markets, single countries or industry sectors. The investment focus of such funds might give rise to increased risk over more diversified funds.
• Some funds may have significant exposure to financial derivatives instruments, which involve risks different from and possibly greater than, the risks presented by traditional investments. Risks associated with derivatives are market risk, management risk, credit risk, liquidity risk, operational risk and leverage risk. The funds will also be exposed to credit risk of the counterparties with which it trades. In adverse market situations, the fund’s use of derivatives may become ineffective and the fund may suffer significant losses.
• Some of the funds may be exposed to asset-backed and mortgage-backed securities. Risks associated with these securities include liquidity, market, credit risk and interest rates risks.
• The value of the funds can be volatile and could go down substantially within a short period of time.
• The investment decision is yours but you should not invest unless the intermediary who sells the fund to you has advised you that the fund is suitable for you and has explained why, including how the fund would be consistent with your investment objectives, risk profile and unique situation.
• You should not make any investment decision solely based on the information on this website.
• You should not make any investment decision solely based on the information on this website.