Risk Disclosure

Past performance is not indicative of future results. All investments involve risk, including the possible loss of principal. This document is for informational purposes only and does not constitute investment advice or a solicitation to invest.

1. Market risk

The value of investments may fall as well as rise due to market factors including but not limited to interest-rate changes, currency fluctuations, geopolitical events, inflation, and shifts in investor sentiment. There is no guarantee that an investment will deliver positive returns over any specific time horizon.

2. Liquidity risk

Some investments may be illiquid — meaning they cannot be sold quickly without a meaningful discount to fair value. Private market allocations, structured products, and certain alternative investments may have lock-up periods of months or years. Liquidity risk is disclosed in mandate-specific documentation.

3. Counterparty and custody risk

Investments held with banking counterparties, custodians, or brokers carry the risk of counterparty default. EK Asset Management AG does not custody client assets directly; assets are held at regulated Swiss and EU custodian institutions. Counterparty insolvency may result in delayed access to assets and potential partial loss above any deposit-protection thresholds.

4. Currency risk

Investments denominated in currencies other than your reference currency are exposed to exchange-rate fluctuations. We use hedging strategies where appropriate, but hedging cannot fully eliminate currency risk.

5. Concentration risk

Concentrated portfolios (single-issuer, single-sector, single-geography) carry the risk that adverse events affecting that concentration may cause disproportionate losses. We discuss concentration trade-offs explicitly during the onboarding and portfolio-construction phases.

6. Regulatory and tax risk

Changes in Swiss or international tax law, securities regulation (FinSA, MiFID II, etc.), or financial-services supervision may affect the value of investments or the structures used to hold them. Clients should consult a qualified tax advisor for personal tax implications.

7. Operational risk

Operational failures — including IT outages, cyber-security incidents, fraud, or human error at EK Asset Management AG, our custodians, or our service providers — may temporarily disrupt access to portfolio data or trading capability. We maintain appropriate operational resilience and insurance per FinIA Art. 23.

8. Suitability and personalised advice

The risks disclosed here are general. The specific risk profile of any investment recommendation provided to you will be discussed individually as part of our advisory or discretionary mandate, and will reflect your stated objectives, time horizon, financial situation, and risk tolerance per FinSA Art. 10–12.

9. Further information

For questions about the risks associated with any specific investment or service, contact [email protected]. A FINMA-recognized ombudsman's office is available for dispute resolution — see Impressum.