Common use of RISK AND SUITABILITY Clause in Contracts

RISK AND SUITABILITY. 16‐ Since the return on the Guaranteed Investment is tied to changes in the market, this Guaranteed Investment carries a higher level of risk than a traditional fixed‐rate investment. It is possible that the yield based on the performance of the stock market may be nil at maturity. This Guaranteed Investment is different from traditional fixed‐rate investments because it does not guarantee a return determined in advance. The yield on the Guaranteed Investment can only be known for certain at maturity and is a function of the appreciation of the securities, which could be subject to major fluctuations in the capital markets. Consequently, the Caisse cannot guarantee a yield at the Date of maturity.

RISK AND SUITABILITY. 16‐ 18‐ Since the return on the Guaranteed Investment is tied to changes in the market, this Guaranteed Investment carries a higher level of risk than a traditional fixed‐rate investment. It is possible that Ultimately, the yield of the portion based on the performance of the stock market may be nil at maturitymaturity and only the minimum guaranteed interest could be paid. This Guaranteed Investment is different from traditional fixed‐rate investments because it does not guarantee a return determined in advance. The Also, the yield of the portion based on the Guaranteed Investment performance of the stock market can only be known for certain at maturity and is a function of the appreciation of the securities, which could be subject to major fluctuations in the capital markets. Consequently, the Caisse cannot guarantee a yield return at the Date of maturitymaturity on the portion of the yield based on the performance of the stock market.

RISK AND SUITABILITY. 16‐ Since the return on the Guaranteed Investment is tied to changes in the market, this Guaranteed Investment carries a higher level of risk than a traditional fixed‐rate investment. It is possible that Ultimately, the yield based on the performance of the stock market may be nil at maturitymaturity and only the minimum guaranteed interest could be paid. This Guaranteed Investment is different from traditional fixed‐rate investments because it does not guarantee a return determined in advance. The Also, the yield based on the Guaranteed Investment performance of the stock market can only be known for certain at maturity and is a function of the appreciation of the securities, which could be subject to major fluctuations in the capital markets. Consequently, the Caisse cannot can guarantee a yield only the minimum guaranteed return at the Date of maturity.

RISK AND SUITABILITY. 16‐ 20‐ Since the return on the Guaranteed Investment is tied to changes in the market, this Guaranteed Investment carries a higher level of risk than a traditional fixed‐rate investment. It is possible that Ultimately, the yield of the portion based on the performance of the stock market may be nil at maturitymaturity and only the minimum guaranteed interest could be paid. This Guaranteed Investment is different from traditional fixed‐rate investments because it does not guarantee a return determined in advance. The Also, the yield of the portion based on the Guaranteed Investment performance of the stock market can only be known for certain at maturity and is a function of the appreciation of the securities, which could be subject to major fluctuations in the capital markets. Consequently, the Caisse cannot guarantee a yield return at the Date of maturitymaturity on the portion of the yield based on the performance of the stock market.

RISK AND SUITABILITY. 16‐ Since the return on the Guaranteed Investment is tied to changes in the market, this Guaranteed Investment carries a higher level of risk than a traditional fixed‐rate investment. It is possible that the yield based on the performance of the stock market may be nil at maturity. This Guaranteed Investment is different from traditional fixed‐rate investments because it does not guarantee a return determined in advance. The yield on the Guaranteed Investment can only be known for certain at maturity and is a function of the appreciation of the securitiessecurities held, which could be subject to major fluctuations in the capital markets. Consequently, the Caisse cannot guarantee a yield at the Date of maturity.