Risk Disclosure

All financial transactions involve a degree of risk and may result in losses to the client’s capital. You should not enter into transactions unless you fully understand their nature, the risks associated with them and can bear any potential financial losses. In terms of R3-3.4.3.7.1. of Chapter 3 of the MFSA’s VFA Rulebook, the Company is required to appropriately warn clients of the risks associated with investing in VFAs.

The below list of risks is of a generic nature and is also intended to describe various risk factors associated with VFAs. This Risk Disclosure Document is not intended to provide an exhaustive list of risks (or other important factors) associated with an investment in a VFA, and hence there may be other considerations which should be taken into account before soliciting a VFA Service. You should therefore refrain from relying exclusively on the risk disclosures set out below as covering all possible risks and should always independently verify that the VFA Services or transactions are suitable for you (or, if applicable, your principal) in light of your specific circumstances.

You must make your own independent decision to access or use the VFA Services and should seek any advice that you consider necessary or desirable (including financial and/or legal advice) from independent advisors.