Riskdisclosure

You can lose money

The value of shares and REIT units can fall as well as rise. You may get back less than you invested, and in the case of a company failure you may lose the entire amount invested in that company.

Market risk

Prices move with company performance, interest rates, inflation, currency movements, government policy and general sentiment. Short-term movements can be sharp and are not predictable.

Liquidity risk

Some listed securities trade in small volumes. You may not be able to sell quickly at the price you see, and large orders can move the price against you.

Dividend risk

Dividends and REIT distributions are not guaranteed. A company or trust can reduce or skip a payout at any time.

Concentration risk

Holding one or two companies exposes you to the fortunes of those businesses alone. Spreading across sectors reduces, but does not remove, this risk.

Currency and inflation risk

Returns are earned in naira. Inflation and exchange rate movements can reduce the real value of both your capital and your income.

Derivatives risk

Derivatives use leverage: a small amount of capital controls a much larger exposure. Losses can exceed the amount you initially committed and can accumulate quickly. Access requires a suitability assessment and is not appropriate for most first-time investors.

Operational and partner risk

Execution and custody depend on licensed third-party partners, market infrastructure and payment systems. Delays or failures in those systems can affect the timing of orders, settlement and payouts.

No advice, no guarantees

Bayse Integrated Services Limited provides technology, data and education. It does not give investment advice, does not manage money on your behalf, and does not offer any guaranteed or fixed return. Past performance does not predict future returns.