Risks and costs related to transactions in financial products, etc.

March 2021

All Out Life

Market fluctuation risk

Domestic and overseas ETFs that make up the portfolio owned by the customer mainly invest in stocks, bonds, commodities, etc., so their prices fluctuate greatly depending on the prices of these actual investment targets. As a result, you may incur losses and may lose your investment principal.

Exchange rate fluctuation risk

Foreign ETFs that make up your portfolio may incur losses due to fluctuations in foreign exchange rates caused by changes in interest rates in the currency issuing country, and the investment principal may be lost.

credit risk

If the domestic and overseas ETFs that make up the customer’s portfolio actually invest in stocks, bonds, etc., if there is a change in the credit status of the issuer of the stocks, bonds, etc., Fluctuations in market prices may result in losses and may result in less than the principal amount invested.

Other risks

Exchange financial instruments transactions and foreign financial instruments exchange transactions (domestic and overseas ETFs) are traded on the market, but there is a risk that changes in the market environment may hinder transactions and make it impossible to convert the funds into cash (liquidity risk). . If the target country of the ETF you are trading on is a holiday, transactions related to that ETF may not be conducted.

Summary of fees and other expenses

The commission we receive from our customers for the series of services we provide is a maximum of 1% of the assets under custody (excluding the cash portion, 1.1% annual rate and tax included). In principle, fees are calculated on a daily basis based on the market value of the assets under custody, using a method prescribed by our company, and are calculated every day from the beginning of the month to the end of the month (however, if the discretionary investment contract concluded with the customer ends, the relevant end date). In addition to the total amount, the monthly fee will be paid on the first business day of the following month.

The fee amount is calculated against the daily market value and accumulated over the calculation period, so it is not possible to display the amount or maximum amount in advance. In addition, when trading overseas ETFs, the exchange rate determined by our company will be applied. Trading foreign ETFs incurs taxes, public dues, and other levies in overseas financial product markets.

For details, please refer to the documents issued before the conclusion of the contract.