Legal

Risk warning

Last updated 1 Sept 2026

Investing in infrastructure bonds places your capital at risk. You should read this warning carefully and seek independent advice if you are in any doubt.

Capital at risk

The value of investments and the income from them can fall as well as rise. You may not get back the full amount you invested, and in adverse scenarios you could lose your entire investment.

No compensation scheme

These instruments are not deposits and are not covered by any deposit protection or investor compensation scheme.

Liquidity

Bonds are generally intended to be held to maturity. There may be no secondary market, and you may be unable to sell before maturity or may have to sell at a discount.

Forecasts

Target returns and projected cash flows are estimates, not guarantees. Past performance and forecasts are not reliable indicators of future results.