1. Equities & fixed income risk
All investments in securities (stocks, bonds, commercial papers, and mutual funds) involve substantial risks. Asset values can fluctuate unpredictably. You could lose some or all of your principal capital. Equities are subject to market volatility, company performance, macroeconomic factors, and liquidity constraints.
2. No guarantee of profits
Past performance is not indicative of future returns. Any charts, insights, or historical performance metrics shown on the City Code Trust website or trading portal are for educational and illustrative purposes only. No representation or warranty is made that any investment will or is likely to achieve profits or losses similar to those achieved in the past.
3. Execution delay risks
Online trading portals rely on high-speed internet connectivity, software API relays, and the Central Securities Clearing System (CSCS) engine. Delays in system response or trade execution can occur due to market volatility, technical downtime, high traffic volume, or network disruptions. You assume all risks associated with executing orders via electronic interfaces.
4. Tax obligations
Investors are solely responsible for understanding, calculating, and managing their capital gains tax obligations resulting from profitable trades under Nigerian tax laws. City Code Trust does not provide tax advice, and all investment calculations are presented pre-tax unless otherwise specified.