Interest rate risk Liquidity risk Issuer risk Counterparty risk Credit risk up to 20% Interest rate risk Non-Complex up to 50% Underlying asset risk up to 100% Market risk Risk of Total Loss Risk of loss exceeding acquisition cost Any risk Price risk Volatility risk Interest rate risk Liquidity risk Issuer risk up to 5% Counterparty risk up to 10% Complex Credit risk Swaps up to 20% Interest rate risk Non-Complex up to 50% Underlying asset risk up to 100% Market risk Risk of Total Loss Risk of loss exceeding acquisition cost Any other risk Price risk Volatility risk Interest rate risk Liquidity risk up to 5% Issuer risk up to 10% Counterparty risk Complex Forward rate agreements up to 20% Credit risk Non-Complex up to 50% Interest rate risk up to 100% Underlying asset risk Market risk Risk of Total Loss Risk of loss exceeding acquisition cost
Non-Complex up to 20% up to 50% up to 100% Interest rate risk Liquidity risk Issuer risk Counterparty risk Credit risk Interest rate risk Underlying asset risk Market risk Risk of Total Loss Risk of loss exceeding acquisition cost Any risk Swaps Complex Non-Complex up to 5% up to 10% up to 20% up to 50% up to 100% Price risk Volatility risk Interest rate risk Liquidity risk Issuer risk Counterparty risk Credit risk Interest rate risk Underlying asset risk Market risk Risk of Total Loss Risk of loss exceeding acquisition cost Any other risk Forward rate agreements Complex Non-Complex up to 5% up to 10% up to 20% up to 50% up to 100% Price risk Volatility risk Interest rate risk Liquidity risk Issuer risk Counterparty risk Credit risk Interest rate risk Underlying asset risk Market risk Risk of Total Loss Risk of loss exceeding acquisition cost
APPROPRIATENESS_TEST_indv.docx