This Investment Playlist or Investment Album features Complex Products and as such, the underlying investments of this Investment Playlist or Investment Album contains additional risks than traditional investments.

Capital at risk

The value of Investment Playlists and Albums with complex product can fall as well as rise and are not guaranteed. Investors may not get back the amount originally invested.

In respect of the complex products mentioned, this communication is intended for information purposes only and does not constitute investment advice or a solicitation of an offer to invest.

Gather has not considered the suitability of this investment against your individual needs and risk tolerance. The data displayed provides a summary for information purposes only. You should seek independent investment advice prior to taking any investment decision, and should always be part of a diversified portfolio.

Past performance is not a reliable indicator of current or future results and should not be the sole factor of consideration when selecting the Investment Playlists or Investment Albums.

Please read carefully all the additional risks within this Investment Playlist or Investment Album as their portfolios contains complex products:

Concentration Risk

Investment risk is concentrated in specific sectors, countries, currencies, or companies. This means the portfolio is more sensitive to any localised economic, market, political or regulatory events.

Counterparty Risk

The insolvency of any institutions providing services such as safekeeping of assets or acting as counterparty to derivatives or other instruments, may expose the Share Class to financial loss.

Derivatives Risk

Derivatives are highly sensitive to changes in the value of the asset on which they are based and can increase the size of losses and gains, resulting in greater fluctuations in the value of the portfolio. The impact to the portfolio can be greater where derivatives are used in an extensive or complex way.

Commodity Swaps Risk

The prices of commodities tend to experience greater variations than other asset classes (e.g., equities or fixed income securities). Investments in commodities are therefore potentially riskier than other types of investments.

Equity Risk

The value of equities and equity-related securities can be affected by daily stock market movements. Other influential factors include political, economic news, company earnings and significant corporate events.

Investments in Infrastructure Securities Risk

Investments in infrastructure securities are subject to environmental concerns, taxes, government regulation, price, supply, and competition.

Private Equity Securities Risk

Private equity securities can be affected by daily stock market movements, political and economic news, company earnings and significant corporate events. Private equity companies may involve additional risks including higher levels of borrowing, unclear distribution of risk and losses within the private equity structure and constraints on buying and selling underlying investments quickly.

Absolute Return Risk

Due to its investment strategy an "Absolute Return" portfolio may not move in line with market trends or fully benefit from a positive market environment.

Asset Backed Securities I Mortgage-Backed Securities

Asset backed securities and mortgage-backed securities are subject to the same risks described for fixed income securities. These instruments may be subject to "liquidity Risk", have high levels of borrowing and may not fully reflect the value of underlying assets.

Credit Risk

A main risk related to fixed income investing is credit risk. Credit risk refers to the possibility that the issuer of the bond will not be able to repay the principal and make interest payments.

Investment in Property Securities Risk

Investments in property securities can be affected by the general performance of stock markets and the property sector. In particular, changing interest rates can affect the value of properties in which a property company invests.

Liquidity Risk

The portfolio's investments may have low liquidity which often causes the value of these investments to be less predictable. In extreme cases, the portfolio may not be able to realise the investment at the latest market price or at a price considered fair.

Non-Investment Grade Risk

Non-investment grade fixed income securities are more sensitive to changes in interest rates and present greater "Credit Risk" than higher rated fixed income securities.

The information contained in this Investment Album and/or Playlist is derived from internal and/ or third-party data considered by Gather to be reliable, but it is not necessarily all inclusive, its accuracy and completeness is not guaranteed, and it may be subject to change. Reliance upon information in this communication is at your sole discretion.

You should seek independent investment, legal and tax advice prior to taking any investment decision.