Geographic risk. This Company Description contains certain market information relating to the property market in Sweden in general, and Götene, Jönköping, Lidköping, Nybro, Olofström, Tingsryd and Örebro in particular. Market values of properties in the area may decline in the future and adversely affect the Group’s financial condition, operations and earnings.
Geographic risk. The Fund’s performance could be closely tied to the market, currency, economic, political, regulatory, geopolitical, or other conditions and developments in the countries or regions in which the Fund invests. As such, the Fund’s performance could be more volatile than the performance of more geographically diversified funds. The following paragraph also applies to the USAA Growth Fund.
Geographic risk. A natural disaster could occur in a geographic region in which the Fund invests, which could adversely affect the economy or the business operations of companies in the specific geographic region, causing an adverse impact on the Fund’s investments in, or which are exposed to, the affected region.