As with any investment, you could lose all or part of your investment in the Fund, and the Fund’s performance could trail that of other investments. There is no guarantee that the Fund will achieve its investment objective. An investment in the Fund is not a bank deposit and it is not insured or guaranteed by the Maldives Capital Market Development Authority or any other government agency, the Adviser, or any of its affiliates. The Fund is subjected to the principal risks noted below, any of which may adversely affect the Fund’s net asset value (“NAV”), trading price, yield, total return, and ability to meet its investment objective, as well as other risks that are described in greater detail in the Additional Information About the Funds section of this Prospectus. The order of the below risk factors does not indicate the significance of any particular risk factor. The risks of trading cryptocurrencies are mainly related to their volatility. They are high-risk and speculative, and you must understand the risks before you start trading.
Asset Class Risk: Securities and other assets in the Underlying Asset class or otherwise held in the Fund’s portfolio may underperform in comparison to the general securities markets, a particular securities market, or other asset classes.
Capitalization Risk: Investing in issuers within the same market capitalization category carries the risk that the category may be out of favor due to current market conditions or investor sentiment.
Large Shareholder Risk: Redemptions by large shareholders could have a significant negative impact on the Fund. If a large unit holder were to redeem all, or a large portion, of its units, there is no guarantee that the Fund will be able to maintain sufficient assets to continue operations in which case the Board of Trustees may determine to liquidate the Fund. In addition, transactions by large unit holders may account for a large percentage of the trading volume and may, therefore, have a material upward or downward effect on the market price of the units.
Trading Halt Risk: An exchange or market may close or issue trading halts on specific securities, or the ability to buy or sell certain securities or financial instruments may be restricted, which may result in the Fund being unable to buy or sell certain securities or financial instruments. In such circumstances, the Fund may be unable to rebalance its portfolio, may be unable to accurately price its investments, and/ or may incur substantial trading losses.
As with any investment, you could lose all or part of your investment in the Fund, and the Fund’s performance could trail that of other investments. There is no guarantee that the Fund will achieve its investment objective. An investment in the Fund is not a bank deposit and it is not insured or guaranteed by the Maldives Capital Market Development Authority or any other government agency, the Adviser, or any of its affiliates. The Fund is subject to the principal risks noted below, any of which may adversely affect the Fund’s net asset value (“NAV”), trading price, yield, total return, and ability to meet its investment objective, as well as other risks that are described in greater detail in the Additional Information About the Funds section of this Prospectus. The order of the below risk factors does not indicate the significance of any particular risk factor. The risks of trading cryptocurrencies are mainly related to their volatility. They are high-risk and speculative, and you must understand the risks before you start trading.
Asset Class Risk: Securities and other assets in the Underlying Asset class or otherwise held in the Fund’s portfolio may underperform in comparison to the general securities markets, a particular securities market, or other asset classes.
Capitalization Risk: Investing in issuers within the same market capitalization category carries the risk that the category may be out of favor due to current market conditions or investor sentiment.
Large Shareholder Risk: Redemptions by large shareholders could have a significant negative impact on the Fund. If a large unit holder were to redeem all, or a large portion, of its units, there is no guarantee that the Fund will be able to maintain sufficient assets to continue operations in which case the Board of Trustees may determine to liquidate the Fund. In addition, transactions by large unit holders may account for a large percentage of the trading volume and may, therefore, have a material upward or downward effect on the market price of the units.
Trading Halt Risk: An exchange or market may close or issue trading halts on specific securities, or the ability to buy or sell certain securities or financial instruments may be restricted, which may result in the Fund being unable to buy or sell certain securities or financial instruments. In such circumstances, the Fund may be unable to rebalance its portfolio, may be unable to accurately price its investments, and/ or may incur substantial trading losses.
