INVESTMENT PROFILE

Risks connected with investment in UG Market Maximum shares

Market risk. The market prices of Fund’s investments can vary because of arisen changes in the economical and market environment and the value of Fund’s shares would decrease in definite periods.

Interest risk. This is the probability for the investments recovering in debt instruments to be better or worse than the expected one, because of changes in the interest percentage.

Credit risk. The issuer, respectively the individual who guarantees the debt papers, in which UG Market Maximum invests, may not be able or can deny paying the amount due for interests or capital.

Currency risk. It shows in cases when the investments are made in foreign currency and their value depends on the rate of this currency.

Liquidation risk. This is the probability for the Fund not to meet its obligations because of impossibility to receive adequate financing or liquidity assets.

Political risk. It shows in case when arise unfavorable internal political cataclysms and change in the economical legislation.