The document discusses various financial risks associated with investments, including default risk, interest rate risk, and risks related to swaps. It highlights the potential for increased price volatility and liquidity issues with lower-rated bonds, the impact of interest rate changes on debt instruments, and the complexities of swap agreements. The document emphasizes the heightened risks in the current low interest rate environment and the potential for loss due to extension and prepayment risks.
doj/DataSet10/EFTA01394440.pdf
{"title":"iCapital Advisors, LLC - Form ADV Part 2A","key_people":["Lawrence Hirsch"],"document_type":"legal","document_subtype":"Form ADV Part 2A","key_organizations":["iCapital Advisors, LLC"],"reference_numbers":["GLDUS140"]}