〇 Fees and Risks Associated with Transactions of Securities and DeemedSecurities (hereinafter referred to as “Securities”)
When you invest in Securities., you may be required to bear certain fees and expenses for each product.
Each product has its own specific risks, and fluctuations in market conditions such as domestic and international political, economic, and financial situations, foreign exchange markets, stock markets, interest rates, the creditworthiness
of issuers, and other factors may result in losses or payment obligations.
Since fees and risks vary depending on the product, please carefully read the customer materials for the respective products.
〇 Fees and Risks Associated with Discretionary Investment Contracts
When you enter into a discretionary investment contract, you may be required to pay an investment management fee as a basic remuneration and a performance fee imposed on net profits.
Additionally, there may be costs such as brokerage fees for the trading of securities, custody fees for the storage of securities, administration fees, and audit fees. In discretionary investment contracts, there is a risk of losses
due to fluctuations in the prices of included assets caused by factors such as domestic and international political, economic, and financial situations, foreign exchange markets, stock markets, interest rate levels, and the creditworthiness
of issuers.
Furthermore, fees may be subject to change based on individual conditions,
and risks vary depending on the included assets.
Please carefully read the customer materials for detailed information.
