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Producer of the PRIIP: Banco Carregosa
Distributor of the PRIIP: Banco Carregosa
Entity Responsible for Advertising: Banco Carregosa
The risk indicator summary is a guide to the level of risk of this product compared to other products. It shows the probability of capital loss with the product due to market price movements or counterparty risk. This product has been rated 7 out of 7, which corresponds to the highest risk class. This rating reflects a high probability of losses. PRIIP with liquidity risk.
Currency risk is relevant given that investors may receive payments in a different currency, meaning that the final return will depend on the exchange rate between the two currencies. This risk is not taken into account in the indicator shown above. Trading risks are amplified by leverage (risk multiplier) – the total loss that investors may incur may significantly exceed the amount invested or deposited. Gains or losses may vary significantly in times of high market/economic volatility or uncertainty; such fluctuations are even more significant if the investor's positions are leveraged and may also adversely affect their position. For more information on the PRIIP Risk and Reward Profile, please refer to the Key Information Document (KID), available at www.bancocarregosa.com.