Before you invest, you should carefully read this Risk Disclosure Statement provided by Tiger Brokers (NZ) Limited (“Tiger Brokers”) for a description of the terms.
1. Investment Return
You should compare the return and other features of the investment to other available investments before deciding to invest. The return paid with respect to the investment may be higher or lower than the rates on other investments.
2. Investments in Other Jurisdictions
Investments on markets in other jurisdictions, including markets formally linked to a domestic market, may expose you to additional risk. Such markets may be subject to regulation which may offer different investor protection. Before you invest, you should enquire about any rules or ask for professional legal consultant’s advice relevant to your particular investment. Your local regulatory authority may be unable to compel the enforcement of the rules of regulatory authorities or markets in other jurisdictions where you invest. You should ask the firm with which you deal for details about the types of redress available in both your home jurisdiction and other relevant jurisdictions before you start to invest.
3. Commission and Other Charges
Before you invest, you should obtain a clear pricing introduction of all commission, fees and other charges for which you will be liable. These charges may affect your net profit (if any) or increase your loss (if any).
4. Deposited Cash and Property
You should familiarize yourself with the protections accorded money or other property you deposit for domestic and foreign transactions, particularly in the event of a corporate insolvency or bankruptcy. The extent to which you may recover your money or property may be governed by specific legislation or local rules. In some jurisdictions, property which had been specifically identifiable as your own will be pro-rated in the same manner as cash for purposes or distribution in the event of a shortfall.
5. Reinvestment Risk
If your investment is paid off prior to maturity, you may be unable to reinvest your funds at the same rate as the original investment. Tiger Brokers is not responsible to you for any losses you may incur as a result of a lower interest rate on an investment.
6. Foreign Currency Risk
The profits or loss resulted from investment in foreign currency-denominated financial assets (whether they are traded in your or another jurisdiction) will be affected by fluctuations in currency rates where there is a need to convert from the currency denomination of the contract to another currency.
I hereby acknowledge that I have read all the terms of this Risk Disclosure Statement and fully understood relevant risk and agree to undertake all of the above risks.