Risk Disclosure
Please read before investing. Bonds are not bank deposits.
Investing in bonds involves risk, including the possible loss of principal. Returns are not guaranteed by FundGrowth, any government or deposit-insurance scheme. Before investing, consider your financial situation, objectives and risk tolerance, and consult a qualified adviser if needed.
Credit (default) risk
The issuer may fail to pay interest or repay principal on time or at all. Credit ratings (e.g. AAA, AA+) are opinions of rating agencies, can change, and are not guarantees. Higher yields generally indicate higher credit risk.
Interest-rate risk
If market rates rise after you invest, the relative value of a fixed-coupon bond falls. Holding to maturity avoids mark-to-market loss but you forgo the higher rate.
Liquidity risk
Bonds offered through FundGrowth are intended to be held to maturity. Early exit is available only where the bond's terms allow, is subject to approval and may involve conditions or reduced returns. There may be no secondary market.
Reinvestment risk
Interest and maturity proceeds may have to be reinvested at lower prevailing rates.
Concentration risk
Investing a large share of your savings in one issuer, sector or instrument increases exposure to a single adverse event. Diversify appropriately.
Operational & technology risk
Delays can arise from banking systems, payment networks or technical outages. FundGrowth maintains controls, audit logs and reconciliation processes to minimise and correct errors, but cannot eliminate them.
Tax
Interest income is generally taxable in your hands; TDS may apply. Tax laws change — take professional advice.
Indicative rates
Rates on this website are indicative as published by the issuer at listing. The rate recorded on your certificate at confirmation is final.
By investing you confirm that you have read and understood this Risk Disclosure, the Terms & Conditions and the issuer's offer document.