Disclaimer on Investment Trusts
- Investment trusts are neither deposits nor bank debentures, nor insurance policies.
- Investment trust are not subject to deposit insurance nor protection by the Policyholders Protection Corporation.
- There is no guarantee on the principal of investment trusts.
- Investment trusts are not subject to payment under the provisions of the Japan Investor Protection Fund.
- Management and structuring of investment trusts are handled by the investment trust management companies.
- Reference prices of investment trusts could fall below the principal of the investments through price fluctuation of stocks and notes composing the trust assets and changes in the credit situation of the issuers, fluctuation of interests, fluctuation on the foreign exchange market, etc.
In the case of investment trusts denominated in foreign currencies, in addition to the above, the investment could fall below the principal of the investment due to the yen conversion base through fluctuation of the foreign exchange market even if the investment amount on the foreign currency base stays above the amount of principal. - Profit and loss generated through the management of investment trusts belongs to the customers who have purchased the investment trusts.
- Some investment trusts require commissions with respect to their purchase⁄offer to sell or cancel while some investment trusts require deductions from the reserve of their trust assets. And miscellaneous expenses such as compensation for trusts are paid from the trust assets. Moreover, a portion of investment trusts do not allow cancellations during the trust period, or cancelable dates of some investments are limited in advance.
- In addition to the above, investment trusts by their nature as products require caution. When purchasing or applying for investment trusts, please be sure to confirm the contents, etc. of the product at the counter and through other means.
