The document discusses various risks associated with investments, particularly focusing on default risk, interest rate risk, and the use of swaps. It highlights the potential for greater price volatility and liquidity issues with lower-rated bonds, the sensitivity of debt instruments to interest rate changes, and the risks associated with swaps, including counterparty default and market liquidity.
doj/DataSet10/EFTA01389175.pdf
{"title":"Form ADV Part 2A","document_type":"financial","document_subtype":"investment advisory document","key_organizations":["Georgetown University Endowment","iCapital Advisors, LLC"],"reference_numbers":["DB-SDNY-0093528","SDNY_GM_00239712","EFTA01389175"]}