23.08 Liontrust Views Summer 2023 Literature (Single) - Flipbook - Page 26
IMPORTANT INFORMATION
KEY RISKS
Past performance is not a guide to future performance.
The value of an investment and the income generated
from it can fall as well as rise and is not guaranteed.
You may get back less than you originally invested.
Some of the Funds managed by the Multi-Asset Team
have exposure to foreign currencies and may be subject
to fluctuations in value due to movements in exchange
rates. The majority of the Funds invest in Fixed Income
securities indirectly through other collective investment
schemes. The value of fixed income securities will fall
if the issuer is unable to repay its debt or has its credit
rating reduced. Generally, the higher the perceived
credit risk of the issuer, the higher the rate of interest.
Bond markets may be subject to reduced liquidity. Some
Funds may have exposure to property via collective
investment schemes. Property funds may be more difficult
to value objectively so may be incorrectly priced, and
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LIONTRUST VIEWS – SUMMER
may at times be harder to sell. This could lead to reduced
liquidity in the Fund. Some also invest in non-mainstream
(alternative) assets indirectly through other collective
investment schemes. During periods of stressed market
conditions non-mainstream (alternative) assets may be
difficult to sell at a fair price, which may cause prices to
fluctuate more sharply.
The Funds’ investments are subject to normal fluctuations
and other risks inherent when investing in securities. The
issue of units/shares in Liontrust Funds may be subject
to an initial charge, which will have an impact on the
realisable value of the investment, particularly in the short
term. Investments should always be considered as long
term. There is no certainty the investment objectives of
the Fund will actually be achieved and no warranty or
representation is given to this effect. The Funds therefore
should be considered as a long-term investment.
