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All investing involves risk, including risk of loss.
All fixed-income securities are subject to two types of risk: credit risk and interest rate risk. Credit risk refers to the possibility that the issuer of a security will be unable to make interest payments and/or repay the principal on its debt. Interest rate risk refers to fluctuations in the value of a fixed-income security resulting from changes in the general level of interest rates. Non-investment grade securities (junk bonds) have greater risk than investment grade securities including the possibility of default. Economic and regulatory factors may affect a municipal security's value, interest payments, repayment of principal.
Alternative products typically hold more non-traditional investments and employ more complex trading strategies, including hedging and leveraging through derivatives, short selling and opportunistic strategies that change with market conditions. Investors considering alternatives should be aware of their unique characteristics and additional risks from the strategies they use. Like all investments, performance will fluctuate. You can lose money.
There is no assurance that any investment product will achieve its investment objective. Investment products are subject to market risk, which is the possibility that the market values of securities owned by products will decline and that the value of the investment may therefore be less than what was paid for it. Accordingly, one can lose money investing in such products. Please be aware that any investment product may be subject to certain additional risks. See prospectus for complete details about the risks associated with each product.
There are risks involved with investing in ETFs, including possible loss of money. Actively managed ETFs do not necessarily seek to replicate the performance of a specified index. Actively managed ETFs are subject to risks similar to stocks, including those related to short selling and margin maintenance. Ordinary brokerage commissions apply. The Fund's return may not match the return of the Index. The Fund is subject to certain other risks. Please see the current prospectus for more information regarding the risk associated with an investment in the Fund.
Investments in Private Market Funds involve high risks, including uncertain distributions, illiquidity, and potential total loss of investment. These funds are not suitable for all investors.
Some products offered via affiliates of Invesco Distributors, Inc.
Diversification does not guarantee a profit or eliminate the risk of loss.
The opinions expressed are those of the author and are subject to change without notice. These opinions may differ from those of other Invesco investment professionals.
All data created by Invesco unless otherwise noted.
Note: Not all products, materials or services available at all firms. Financial professionals should contact their home offices.
