An investment in money market funds is neither insured nor guaranteed by the Federal Deposit Insurance Corporation or any other government agency. Although money market funds seek to preserve the value of your investment at $1.00 per share, it is possible to lose money by investing in these funds.
Foreign investing involves special risks due to factors such as increased volatility, currency fluctuation and political uncertainties.
High yield bond funds may have higher yields and are subject to greater credit, market and interest rate risk than higher-rated fixed-income securities.
Keep in mind that as interest rates rise, bond prices fall. This may have an adverse effect on the Fund's portfolio.
Funds that have a higher concentration of investments in a specific industry or sector may be subject to a higher degree of market risk than funds whose investments are more diversified.