Risk Disclaimer

This is the single most important page on the site. Everything else we publish is written to help you make a better decision; none of it can remove the possibility that the decision loses you money.

An ETF is not a savings account. It is not covered by any deposit guarantee scheme, its value is not guaranteed, and a broad, cheap, well-constructed index fund can still fall by half in a severe market decline and take years to recover. That is normal market behaviour, not a malfunction.

“Capital at risk” is a summary. The concrete risks attached to the products discussed on this site include at least the following.

• Market risk — the index falls, and the fund tracking it falls with it. Diversification reduces the risk of any single company failing; it does not protect you from a decline in the market as a whole.
• Currency risk — a fund priced in a currency other than yours, or holding foreign assets, exposes you to exchange-rate movements that can add to or wipe out a positive return.
• Concentration risk — many popular global indices are dominated by a handful of large companies in one country and one sector. A “world” fund may be far less diversified than its name suggests.
• Tracking risk — a fund does not perfectly follow its index. Costs, sampling, cash drag and withholding tax all create a gap, which is why we publish tracking difference rather than the headline fee alone.
• Counterparty risk — synthetic ETFs achieve their exposure through a swap with a counterparty that could default. Securities lending, used by many physical funds, introduces a smaller version of the same risk.
• Liquidity risk — in stressed markets, spreads widen and the price you can actually trade at may differ materially from the fund’s stated net asset value.
• Closure risk — a fund that fails to gather assets may be liquidated or merged, which can force a taxable disposal at a time you did not choose.
• Tax and regulatory risk — the treatment of a fund in your country can change, and a change can turn a sensible holding into an expensive one.

Investo24 is a publisher, not a regulated financial adviser, broker or portfolio manager, and we do not sell or recommend any product. We are not authorised by any financial supervisory authority, we hold no client money, and we execute no transactions.

What we publish is general information for a general audience. It cannot take account of your income, your existing holdings, your debts, your time horizon, your tax residence or your tolerance for loss — and those are precisely what determine whether something is suitable for you. A fund that is an excellent choice for one reader is a poor one for another, and we have no way of knowing which you are.

If you want a recommendation for your circumstances, that is a service only a licensed adviser in your country can lawfully provide.

Historical returns tell you what happened, not what will happen. A fund that outperformed for a decade may underperform for the next one, and the periods over which comparisons are drawn strongly influence the conclusion.

Any statement on this site about future costs, market conditions or product developments is an opinion held at the time of writing. It is not a forecast, a guarantee, or a promise of any particular outcome.

ETF data is sourced from fund providers and third-party data vendors. Figures may be delayed or contain errors. Always verify against the official KID/KIID and factsheet before investing.

Fees, product ranges, savings-plan terms and regulatory status change frequently, sometimes without notice. Every page carries the date it was last reviewed; between reviews, figures can go stale. Our editorial policy sets out how figures are calculated and what they deliberately exclude.

Before you act on a number you read here, confirm it at source: the KID/KIID and factsheet for a fund, the published fee schedule for a provider. If a figure of ours is wrong, tell us at giorgoslankonakes@gmail.com and we will check it and publish a correction.

The prices and charts on the markets page are TradingView's, not ours. They may be delayed or end-of-day, they may be wrong, and they say nothing about whether a fund suits you. Confirm a price with your broker before you trade on it.

Tax treatment depends on your individual circumstances and on rules that differ by country and change over time. Our tax content describes how a structure generally works — accumulating versus distributing share classes, fund domicile, withholding tax, reporting status — as background knowledge.

It is not advice on your position, and applying it without checking could produce a materially worse outcome than doing nothing. Confirm anything tax-related with a qualified adviser in your country of residence before acting.

We are not. This site carries no affiliate links, no sponsored content, no advertising and no paid placements, so nothing on it earns us anything when you read it or act on it. If that ever changes, a monetised link will be marked, styled distinctly from an editorial one, and disclosed before you click rather than afterwards. See our editorial policy.

To the fullest extent permitted by law, we accept no liability for investment loss, loss of profit or opportunity, tax liability, or any other loss arising from your use of this site or your reliance on its content. Investment decisions are yours alone, as is the risk attached to them.

Nothing here excludes liability that cannot lawfully be excluded, and nothing affects your mandatory statutory rights as a consumer. The full clause is section 9 of our terms of use.