Risk Factors and Other Important Disclosures
This document does not constitute an offer to sell the securities of any funds in the Popular Family of Funds (each a “Fund” and collectively the “Funds”), which are offered exclusively through each Fund’s Prospectus. An investment in a Fund will afford certain tax benefits solely to individuals whose residence is in Puerto Rico, or to corporations and other business organizations whose principal office and place of business are in Puerto Rico, please refer to each Fund’s prospectus for more information.
An investment in any of the Funds entails certain risks, fees, charges, and expenses. THE INVESTOR SHOULD CONSIDER THE INVESTMENT OBJECTIVES, RISKS, FEES, EXPENSES AND CHARGES CAREFULLY BEFORE INVESTING. THIS INFORMATION IS CONTAINED IN EACH FUND’S PROSPECTUS WHICH SHOULD BE READ CAREFULLY BEFORE INVESTING. A COPY OF THE PROSPECTUS FOR EACH FUND CAN BE OBTAINED AT ANY AUTHORIZED BROKER DEALER OR BY CLICKING ONE OF THE FOLLOWING: POPULAR HIGH GRADE FIXED INCOME FUND, POPULAR TOTAL RETURN FUND INC. OR POPULAR INCOME FUND INC.
An investment in a Fund is not a bank deposit or savings account, is not an obligation of, or guaranteed by, Banco Popular de Puerto Rico, any affiliate thereof or any other insured depository institution, is not insured by the FDIC or any other government agency or instrumentality and may lose all or part of its value.
Investing in a Fund is not the same as investing in the underlying securities held by such Fund; it is designed primarily, and is suitable only, for long-term investors and may not be suitable for all investors. None of the Funds should be viewed as a vehicle for trading purposes.
The Popular Total Return Fund’s investment portfolio is considered to be diversified because it consists of shares of stock from approximately 300 to 400 large capitalization United States companies. The Fund may invest up to 25% or more of its assets in a single issuer. The Popular High Graded Fixed-Income Fund & Popular Income Plus Fund are authorized to issue debt to invest in securities. This practice is known as leverage. Both practices entail certain risks which are more fully described in each Fund’s Prospectus.
Please consult with your broker to determine whether an investment in any of the Funds is suitable for your investment goals and objectives. Each of the Funds is an affiliate of Banco Popular de Puerto Rico, Popular Asset Management, LLC., Popular Securities, LLC. and Popular, Inc. The brokerage products and services are offered by Popular Securities, LLC. a registered broker/dealer and member of FINRA and SIPC. Popular Securities, LLC. is a subsidiary of Popular, Inc. and an affiliate of Banco Popular de Puerto Rico. Popular, Inc. and Banco Popular de Puerto Rico are not registered broker-dealers. Investment products are not insured by the FDIC, are not obligations of, or guaranteed by the Banco Popular de Puerto Rico or its subsidiaries and/or affiliates and involve risks, including possible loss of principal invested.
Popular Asset Management LLC is an investment adviser registered with the SEC. Registration of an investment adviser does not imply any level of skill or training.