Risk and regulatory disclosure
Investments can rise or fall in value, and you may receive less than you invest. Brazilian investments expose UK residents to currency, market, liquidity, political, legal and tax risks. Past performance is not a reliable indicator of future results.
Capital risk
The value of an investment can fall as well as rise and you may receive back less than you invest. No return is guaranteed and no capital protection is offered.
Share-price volatility
Brazilian listed shares can move sharply in response to company results, commodity prices, political developments, market sentiment and liquidity conditions.
Dividend uncertainty
Dividends and interest on equity depend on company performance, cash flow, debt, investment requirements, board decisions and remuneration policy. Past distributions do not indicate future distributions.
Brazilian sovereign and political risk
Government securities carry sovereign credit risk. Fiscal policy, legislation, regulation and political developments in Brazil can affect prices, taxation and market access.
GBP/BRL currency risk
Returns measured in Brazilian reais can be reduced or eliminated once converted to sterling. Depreciation of the real against sterling can turn a positive nominal return into a loss for a UK resident.
Interest-rate and mark-to-market risk
Fixed-rate and inflation-linked securities are repriced daily. A rise in market yields reduces the market price of existing bonds before maturity.
Early-sale risk
Selling a government security before maturity means accepting the prevailing market price, which may be higher or lower than the purchase price.
Property liquidity and transaction costs
Property can take a long time to sell. Acquisition costs, taxes, legal fees, agency fees, maintenance, vacancy periods and local market conditions all affect the outcome.
Tax and residency considerations
Brazilian and UK tax treatment depends on your personal circumstances and can change. You should take independent tax advice before investing.
Reliance on independent third-party professionals
Where brokers, banks, estate agents, lawyers, accountants or tax professionals are introduced, they act independently and are responsible for their own advice and services.
Absence of guaranteed returns
Nothing on this website should be read as promising guaranteed returns, guaranteed income, assured dividends, risk-free investing, guaranteed property appreciation or tax-free returns.
General information and risk
Information on this website is provided for general informational purposes and includes historical examples of how particular markets and assets have performed. It does not constitute personal investment, legal, tax or financial advice.
Investments and property values can fall as well as rise, and investors may receive less than they originally invested. Past performance is not a reliable indicator of future results. Dividends, interest rates, rental income and capital appreciation are not guaranteed.
Brazilian investments may expose UK residents to currency fluctuations, political and economic changes, taxation, liquidity constraints and differences between UK and Brazilian laws. A return achieved in Brazilian reais may be reduced or eliminated when converted into pounds sterling.
Before making an investment decision, individuals should consider obtaining independent advice from appropriately authorised financial, legal and tax professionals.
To discuss the scope of Master Services Europe Group’s consultancy and determine whether we may be able to assist, please contact us.