Risk Warnings

All investments carry risk. The value of your investment may fluctuate, and you may receive back less than your initial investment. Different types of investments carry different levels of risk, and no investment strategy can guarantee profits or protect against losses in a declining market.

Structured products and derivatives, including those presented as visual shapes on this platform, involve complex financial instruments. While the visual representation aims to simplify understanding, the underlying products carry inherent risks that should be carefully considered before investing.

The financial products available through this platform may include options, structured notes, and other derivative instruments. These products carry specific risks including:

• Market Risk: The value of derivatives is linked to the performance of underlying assets. Adverse market movements can result in significant losses.
• Counterparty Risk: There is a risk that the issuer of a structured product or the counterparty to a derivative transaction may default on their obligations.
• Liquidity Risk: Some structured products may have limited secondary markets. You may not be able to sell your investment before maturity, or may only be able to do so at a significant discount.
• Complexity Risk: Derivatives and structured products can be complex. While Doris presents these as simplified visual shapes, the underlying instruments involve multiple components that interact in ways that may not be immediately apparent.
• Capital at Risk: Depending on the structure, you may lose some or all of your invested capital. Protection levels shown in shapes represent the intended structure but are subject to counterparty and market risks.

Many structured products have fixed maturity dates. Early redemption may not be possible or may result in receiving less than the invested amount. The payoff shapes shown on this platform represent the expected outcome at maturity and may not reflect the value of the investment at intermediate points in time.

Market conditions can change rapidly, and the scenarios presented in the Scenario Simulator are based on historical data and mathematical models. Actual future market conditions may differ materially from any scenario presented.

Novum operates as a technology platform that facilitates access to financial products through regulated broker partners. The actual execution of trades and custody of assets is performed by our partner brokers, who are authorised and regulated by the Financial Conduct Authority (FCA) in the United Kingdom.

Novum itself provides technology services including visual representation of investment strategies, educational content, and portfolio analytics. The platform does not provide personalised investment advice. The AI assistant (Doris) provides general information and educational content only, and its outputs should not be construed as personal recommendations.

Investments made through regulated broker partners may be covered by the Financial Services Compensation Scheme (FSCS) up to applicable limits. Please refer to your broker's specific terms for details of any protection that applies to your investments.

Before investing in any structured product or derivative, you should carefully consider whether such an investment is suitable for you in light of your financial circumstances, investment objectives, risk tolerance, and investment experience. You should seek independent financial advice if you are unsure about the suitability of any investment.

The Know Your Customer (KYC) and risk profiling processes on this platform are designed to help assess the appropriateness of products for you. However, these assessments are based on the information you provide and do not constitute a personal recommendation.

You should not invest money that you cannot afford to lose. You should not invest in products that you do not fully understand.

The tax treatment of investments depends on your individual circumstances and may be subject to change in the future. You should seek independent tax advice regarding the tax implications of any investment. Novum does not provide tax advice.

Returns shown on the platform are presented before any applicable taxes. Your actual returns after tax may be lower than those displayed.