Investing in the financial markets involves a significant level of risk and is not suitable for all investors. Before deciding to invest, you should carefully consider your investment objectives, level of experience, and risk appetite. The possibility exists that you could sustain a loss of some or all of your initial investment. Therefore, you should not invest money that you cannot afford to lose. Below are specific risks associated with our fund:

Market Risk

The value of Fund X’s investments may fluctuate due to market conditions, including changes in interest rates, political events, economic news, and general market sentiment.

Investment Risk

The fund’s performance is directly related to the investments it holds. There is no guarantee that the fund's investment strategy will be successful, and investors may lose the entire principal amount invested.

Liquidity Risk

Certain securities held by the fund may be illiquid, making it difficult to sell them at the desired time or price. This can lead to significant losses, particularly in volatile markets.

Concentration Risk

The fund may invest in a limited number of assets or sectors, which can increase volatility and the risk of loss if those investments perform poorly.

Leverage Risk

The use of leverage can amplify both gains and losses. The fund’s use of leverage may result in greater losses than if the fund were not leveraged.

Counterparty Risk

The fund may engage in transactions involving financial derivatives and other instruments that involve counterparty risk. If a counterparty fails to fulfill its obligations, the fund may experience significant losses.

Operational Risk

The fund is subject to operational risks, including risks associated with human error, system failures, and fraudulent activities.

Legal and Regulatory Risk

Changes in laws and regulations, or the interpretation thereof, can affect the fund’s ability to execute its investment strategy or result in increased costs.

Tax Risk

The fund's investments may be subject to complex tax laws, and changes in tax legislation or interpretation could affect the fund’s tax status or the tax treatment of its investments.

Important Note: This is not a complete list of all the risks associated with an investment in Fund X. Prospective investors should carefully consider these and other risks before investing. It is recommended that investors consult with their financial advisors to fully understand the potential risks and rewards associated with this investment.

Disclaimer: Past performance is not indicative of future results. The value of investments can go up or down, and investors may not get back the amount originally invested. This document does not constitute an offer to sell or a solicitation of an offer to buy any securities or investment products.