This Risk Disclosure is provided to ensure you understand the risks associated with investing through Modal Assets. Investing involves uncertainty. Outcomes can be positive or negative, and you may lose some or all of your invested capital.

This Risk Disclosure should be read together with our Terms & Conditions and Privacy Policy. By participating, you acknowledge these risks and the way your information is handled as described in our Privacy Policy.

A. No Guarantee of Returns

Modal Assets does not offer guaranteed profits, fixed returns, or risk-free investment products. Any performance examples, estimates, or historic results are not guarantees of future performance.

B. Risk of Capital Loss

All investing involves risk of loss. You may lose part or all of your invested capital. You should only invest funds you can afford to lose without impacting your financial stability.

C. Market Risk

Markets can move rapidly due to economic conditions, policy decisions, geopolitical events, or unexpected news. Market movements may result in gains or significant losses.

D. Volatility Risk

Volatility (rapid price movement) can increase both potential returns and potential losses. During volatile periods, execution may be less predictable and risk controls may be triggered more frequently.

E. Liquidity Risk

Liquidity refers to how quickly an investment can be converted into cash without significant loss of value. Some market conditions may reduce liquidity, causing delays or less favourable exit pricing.

F. Operational and Execution Risk

Operational and execution risks can include:

• Delays in processing or execution

• Technology or connectivity failures

• Human error

• Third-party service interruptions

Modal Assets uses reasonable controls to reduce these risks, but they cannot be eliminated.

G. Withdrawal and Processing Risk

Withdrawals may be subject to review, timing constraints, liquidity conditions, and operational procedures. Withdrawal timelines can vary. See our Withdrawal Policy for details.

H. Regulatory and External Risk

Regulatory environments can change. External market factors, policy changes, or infrastructure disruptions may impact operations, liquidity, or investment outcomes.

I. Concentration Risk

If capital becomes concentrated in fewer exposures due to market conditions or allocation decisions, risk can increase. Modal Assets seeks to manage concentration within internal limits, but concentration risk can still occur.

J. Suitability and Personal Responsibility

You are responsible for assessing whether participation is suitable for your financial situation and risk tolerance. Modal Assets does not provide personalised financial advice. You should consult independent advisers where necessary.

K. Privacy and Data Handling (Reference to Privacy Policy)

Certain personal information may be collected and processed for operational, compliance, and security purposes. Our handling of personal data is described in the Privacy Policy. By participating, you acknowledge that your information may be processed as described therein for legitimate operational purposes.

Final Risk Acknowledgement

By using Modal Assets, you acknowledge that investing involves risk, that outcomes are not guaranteed, and that you accept the possibility of financial loss.