Risk Warning

JANUARY 2026

Overview

Investing in property and companies can be very rewarding, but it involves the following key risks:

1. Capital Risk

The value of property and related investments may fall as well as rise. You may not recover the full amount invested.

2. Liquidity

Property investments are illiquid. Investors should be prepared to hold investments for the full term.

3. Income Risk

Rental income is not guaranteed. Where income is insufficient to cover costs, no distributions may be made.

4. Diversification

Property and unlisted investments should form only part of a diversified portfolio.

5. Tax

Tax treatment depends on individual circumstances and may change. Circa45 does not provide tax advice.

6. Advice

Circa45 does not provide investment advice. Independent professional advice should be sought.

7. Past performance

Past performance is not a reliable indicator of future results.

8. Future performance

Any projections or targets are illustrative only and subject to change.

9. Financial Services Compensation Scheme

Investments are not covered by the Financial Services Compensation Scheme.

10. Investor classification

Participation may be restricted to certain categories of investors and subject to eligibility requirements.

11. Jurisdiction

Information on this site is not intended for distribution in jurisdictions where such distribution would be unlawful.

This summary is not exhaustive. Prospective investors should carefully consider all risks and seek independent advice.


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