The content of this blog is general in nature it is not intended and should not be used as a replacement for a professional consultation.
Before making any changes to your personal or corporate financial plans you should consult with a suitably qualified professional who has a thorough understanding of your financial circumstances and who works for an appropriately regulated entity. Don’t be shy about asking for proof of qualifications and regulatory licenses.
The value of investments and the income derived from them can go down as well as up which means that you may not get back what your originally invest.
Charges are important, make sure you have them explained to you in a clear and unambiguous way. You should know the costs of cancelling the contract before the agreed time, just in case your circumstances change and you need your money back early.
You should make sure you fully understand the risks associated with an investment before you invest, some of these risk include: credit risk, liquidity risk, investment risk, currency risk and counterparty risk. This is not an exhaustive list.