Nicholls Stevens Financial Services

Telephone: 0117 9290456
Fax: 0117 9225919

Mailing address:
Nicholls Stevens Financial Services
9 St Augustines Parade
Bristol

INVESTMENTS

RISK TO CAPITAL AND INCOME

In your portfolio you will have a spread of investments. It is essential that you understand the risk involved. In general terms every single investment carries with it an element of risk. If you leave your money ‘under the bed’ you may have it stolen and at best it will lose its purchasing power as the result of inflation.

We under note details of investments you may have in your portfolio. Please ensure that you understand the risks involved and if you do not please query any aspects.

INVESTMENT	CAPITAL GROWTH	INCOME	RISK
Bank or Building Society account National Savings Income Bond	None	usually variable	Capital loses value through inflation
National Savings Certificates/Guaranteed Growth Bonds	Guaranteed	Fixed	Income loses value if interest rates rise Capital loss through inflation
National Savings Pensioners Bond	None	Fixed	Income loses value if rise in Interest rates. Capital loss through inflation
TESSA/TOISA CASH ISA	None	usually variable	Capital loses value through inflation
Guaranteed Income Bonds	None	Fixed	Income loses value if rise in Interest rates. Capital loss through inflation
Gilts	Possible	Fixed	Income loses value if rise in Interest rates. Capital loss is possible
Corporate Bond	Possible	Fixed	Income loses value if rise in Interest rates. Capital loss up to 100%
Zeros	Possible	None	Capital loss up to 100% possible
Gilt & Fixed Interest Unit Trust/OEIC PEP/ISA	Possible	variable	Capital loss is possible up to 100%
Corporate Bond ,Unit Trust/OEIC/PEP/ISA	Possible	variable	Capital loss is possible up to 100%
Equity based unit trust / OEIC / PEP / ISA / Investment Trust	Possible	variable	Capital loss is possible up to 100%
Property unit trust/Investment Trust	Possible	variable	Capital loss is possible up to 100%
Life Assurance Bonds Unit Linked/with profits	Possible	Fixed or Variable	Capital loss is possible up to 100%. Income withdrawal may reduce capital value
Unit Linked/with profit Pension funds	Possible	N/A	Value of units may fall * Capital loss of 100% is possible
Shares	Possible	variable	Capital loss of 100% is possible

RISK TO CAPITAL AND INCOME

* Withdrawals from with profit funds may be subject to a market value adjustment factor. Early withdrawal penalties may apply on all unit linked products. In adverse economic conditions a considerable delay could occur when en-cashing a holding in a property bond.

NOTE: Be aware that the Company Provider with whom you have made your investment may become insolvent or have difficulties meeting their liabilities.

Authorised and Regulated by the Financial Services Authority