The past performance of an investment is not a guide to its future performance; the value of an investment and any income from it can go down as well as up. There is a risk that you could get back less than you invested. Find out more Markets in Financial Instruments Directive (MiFID II) As part of the MiFID II legislation (effective 3 January 2018), Premier is required to assess and define the target market for each if its investment products, which means defining the types of investors whom Premier believe the investment product might be suitable for. But please note, Premier strongly recommends that potential investors and existing investors consult with a qualified financial adviser to help assess if our investment products are suitable to meet your personal circumstances and requirements. The target market assessment document for each fund covers: the type of client the product is targeted at; expected knowledge and experience; expected financial situation, with a focus on the ability to bear losses; expected risk tolerance and compatibility of the risk and reward profile of the product with the target market; expected clients’ objectives; expected clients’ needs; and the different ways Premier believes it is reasonable to distribute the product, for example, through investment advice from a qualified person.