Bond-related Risks. 8.2.11.1 Bond Fund investment involves credit and default risks. In the event of bankruptcy or default of the issuer, the fund may suffer losses. Investment in bonds involves interest rate risk. The value of the bond may fall if the market interest rate rises. Investment in unrated or non- investment grade bonds will involve higher credit, default, volatility and liquidity risks. Adverse events or market conditions may have negative impact on the prices of fund.
Appears in 4 contracts
Samples: Securities Account Agreement, Securities Account Agreement, Securities Account Agreement
