InnovAsia 5G Strategy

Key Risks

Equity Risk: Stock markets can be volatile and stock prices can change substantially
Market Risk: The risk of a change in the value of a position as a result of underlying market factors, including among other things, the overall performance of companies and the market perception of the global economy.
Emerging Markets Risk: Emerging markets are likely to bear higher risk due to a possible lack of adequate financial, legal, social, political and economic structures, protection and stability as well as uncertain tax positions which may lead to lower liquidity.
Liquidity Risk: The risk that the strategy may be unable to sell an investment readily at its fair market value. In extreme market conditions this can affect the fund’s ability to meet redemption requests upon demand.
Smaller Companies Risk: The strategy may invest in small capitalisation companies. Such investments involve greater risk than is customarily associated with larger, more established companies due to the greater business risks of small size, limited markets and financial resources, narrow product lines and a frequent lack of depth of management.
Concentration Risk: The strategy's investments may be concentrated in a small number of investments and its performance may therefore be more variable than the performance of a more diversified fund.
Counterparty Risk: The risk that a counterparty will not fulfil its payment obligation fora trade, contract or other transaction on the due date.
Operational Risk: The risk of direct or indirect loss resulting from inadequate or failed processes, people and systems, including those relating to the safekeeping of assets or from external events.
Currency Risk: Investors who subscribe in a currency other than the base currency of the fund are exposed to currency risk. Fluctuations in exchange rates may affect the return on investment. If the currency of your investment is different from your local currency, then you should be aware that due to exchange rate fluctuations the performance shown may increase or decrease if converted into your local currency.
Derivatives Risk: Thestrategy may make use of financial derivatives instruments (“FDI”) which can involve significant risks of loss.