Risk disclosure

General

Fort Nami Limited is regulated by the Financial Services Commission, Mauritius and holds an Investment Dealer (Full Service Dealer, excluding Underwriting) Licence.

Transactions in securities and other financial instruments involve risk. This Risk Disclosure provides general information only and does not describe every risk that may arise in connection with a particular financial instrument or transaction.

Before entering into a transaction, clients should understand the nature of the relevant financial instrument, the transaction and the risks to which they may be exposed.

Investment risk

The value of financial instruments may rise or fall as a result of market conditions and other factors.

There is no guarantee that an investment will generate a profit or preserve its original value. Depending on the financial instrument and transaction, an investor may lose some or all of the capital invested.

Market risk

Prices of financial instruments may fluctuate significantly as a result of economic conditions, interest rates, political developments, market sentiment, issuer-specific events and other factors.

Market conditions may change rapidly and may adversely affect the value of an investment.

Liquidity risk

Certain financial instruments may have limited liquidity.

It may therefore be difficult or impossible to buy or sell a financial instrument at the desired time, price or quantity. Limited liquidity may also increase price volatility.

Currency risk

Where an investment or transaction is denominated in a currency different from the investor's base currency, changes in exchange rates may positively or negatively affect the value of the investment and any resulting returns.

Past performance

Past performance is not a reliable indicator of future performance.

Any information concerning historical prices, returns or performance should not be interpreted as a representation or guarantee regarding future results.

Individual circumstances

The risks associated with an investment or transaction depend on a number of factors, including the relevant financial instrument, investment objectives, financial circumstances, knowledge, experience and risk tolerance of the investor.

Clients should consider carefully whether a transaction is appropriate for them and should obtain independent professional advice where appropriate.

Further information

Additional risk information relating to particular products, instruments or services may be provided to clients as part of Fort Nami Limited's client documentation and before relevant transactions are undertaken, where applicable.

This Risk Disclosure does not constitute investment, financial, legal or tax advice.