Risk Management Strategya0211-000063c


The need to define, measure and model market risk factors arises at three levels:

  1. Determining longer-term strategic debt management policy
  2. Evaluating the risk associated with tactical departures from this strategic policy
  3. Correctly pricing debt and derivatives transactions

The nature of the treatment of market risk depends substantially upon the particular goals and modus operandi of the sovereign.

Please note this list is not intended to be exhaustive, if you have questions about risk and your Investments, talk to your financial adviser. Investors should carefully consider the investment objectives, risks, charges and expenses. This and other important information is contained in the Prospectus, which can be obtained from your financial adviser and should be read carefully before investing.