Issuer Risk. Derivative warrant holders are unsecured creditors of the issuer and they have no preferential claim to any assets an issuer may hold.
Issuer Risk. The value of a security can decline for a number of reasons which directly relate to the issuer, such as management performance, financial advantage, and reduced demand for the issuer’s products or services. Environmental, Social and Governance (“ESG”) Characteristics — In connection with our equity strategies, clients can impose mutually agreed upon reasonable restrictions on investing in certain securities or industry sectors, which may include considering specific ESG, impact, or sustainability characteristics of a company in selecting equity securities. In these instances, Confluence management will consider ESG characteristics as part of the investment process, which may include consideration of third-party research as well as consideration of internal research across the ESG risks and opportunities regarding an issuer. Confluence will consider those ESG characteristics it deems relevant or additive when making investment decisions for a client that has imposed ESG restrictions. The ESG characteristics utilized in Confluence’s investment process are anticipated to evolve over time and one or more characteristics may not be relevant with respect to all issuers that are eligible for investment. ESG characteristics are not the sole considerations when making investment decisions. Further, investors can differ in their views of what constitutes positive or negative ESG characteristics. As a result, investments may be made in issuers that do not reflect the beliefs and values with respect to ESG of any particular investor. ESG considerations may affect exposure to certain companies or industries and a client imposing ESG restrictions may forego certain investment opportunities.
Issuer Risk. In case of warrants you bear the issuer risk, i.e., the risk of insolvency of the warrant issuer.
Issuer Risk. Issuer risk means a risk of the issuer’s insolvency, changing of credit and other ratings of the issuer, bringing suits or claims against the issuer that may result in dramatic decrease of value of the issuer’s securities or failure to redeem the debt securities. It should be noted that the Issuer may not provide the complete information about non-publicly traded securities, in this case, the Client will have access to less reliable and less detailed information about the issuers, consequently, the Client may be obliged to make investment decisions based on available financial information.
Issuer Risk. The value of a security can decline for a number of reasons which directly relates to the issuer, such as management performance, financial advantage and reduced demand for the issuer’s products or services. Environmental, Social and Governance (“ESG”) Characteristics – In connection with our equity strategies, clients may impose mutually agreed upon reasonable restrictions on investing in
Issuer Risk. The performance of the Fund depends on the performance of individual securities to which the Fund has exposure. The Fund may be adversely affected if an issuer of underlying securities held by the Fund is unable or unwilling to repay principal or interest when due. Changes in the financial condition or credit rating of an issuer of those securities may cause the value of the securities to decline.
Issuer Risk. (a) Credit Risk
Issuer Risk. Bonds are subject to both the actual and perceived measures of credit worthiness of the issuer. There is no assurance of protection against a default by the issuer in respect of payment or repayment obligations. You might not be able to recover the principal and any coupon if the issuer defaults on bond. Different bonds represent and comprise different obligations on the part of the issuer, for example the obligations may be direct, unsubordinated, subordinated, unsecured or secured obligations of the relevant issuer. Holders of a certain type or class of bonds may bear higher risks than holders of other types of bonds or securities if their bond has a lower priority of claim in the event of the issuer’s default or insolvency or liquidation. You should therefore apprise yourself of the nature of the obligations of a particular bond issue and what claim priority exists in the event of the default or insolvency or liquidation of the issuer.
Issuer Risk. The Fund will be affected by factors specific to the issuers of securities and other instruments in which the Fund invests, including actual or perceived changes in the financial condition or business prospects of such issuers.
Issuer Risk. The performance of the Fund depends on the performance of individual securities and other instruments to which the Fund has exposure. The Fund may be adversely affected if an issuer of underlying securities held by the Fund is unable or unwilling to repay principal or interest when due. Changes in the financial condition or credit rating of an issuer of those securities or counterparty on other instruments may cause the value of the securities or instruments to decline. Management Risk. As the Fund will not fully replicate the Underlying Index, it is subject to the risk that BlackRock’s investment strategy may not produce the intended results. Market Risk. The Fund could lose money over short periods due to short-term market movements and over longer periods during more prolonged market downturns. Local, regional or global events such as war, acts of terrorism, the spread of infectious illness or other public health issues, recessions, or other events could have a significant impact on the Fund and its investments and could result in increased premiums or discounts to the Fund’s NAV. Market Trading Risk. The Fund faces numerous market trading risks, including the potential lack of an active market for Fund shares, losses from trading in secondary markets, losses due to ineffective currency xxxxxx, periods of high volatility and disruptions in the creation/redemption process. ANY OF THESE FACTORS, AMONG OTHERS, MAY LEAD TO THE FUND’S SHARES TRADING AT A PREMIUM OR DISCOUNT TO NAV. Non-Diversification Risk. The Fund is classified as “non-diversified.” This means that, compared with other funds that are classified as “diversified,” the Fund may invest a greater percentage of its assets in securities issued by or representing a small number of issuers or in derivatives with a limited number of counterparties. As a result, the Fund’s performance may depend on the performance of a small number of issuers and counterparties. Non-U.S. Issuers Risk. Securities issued by non-U.S. issuers carry different risks from securities issued by Operational Risk. The Fund is exposed to operational risks arising from a number of factors, including, but not limited to, human error, processing and communication errors, errors of the Fund’s service providers, counterparties or other third parties, failed or inadequate processes and technology or systems failures. The Fund and BlackRock seek to reduce these operational risks through controls and procedures. However, these measures ...
