Risk Warning
Investments in Aequitas products carry significant risks. Please read this warning carefully before making any investment decision. This is not exhaustive — refer to the full Private Placement Memorandum dated 21 November 2025 for a complete description of risk factors.
For Professional Investors Only
The AEQUITAS Note Programme is available exclusively to Professional Clients as defined under MiFID II (Directive 2014/65/EU, Annex II). It is not suitable for retail investors. By accessing investment product pages you confirm that you are a professional investor and understand the risks involved.
Capital at Risk
Investment in the Notes involves the risk of partial or total loss of capital. The value of your investment may go down as well as up. There is no guarantee that you will receive back the amount invested. Past performance is not a reliable indicator of future results.
Limited Recourse
The Notes are limited recourse obligations issued by AEQUITAS SECURITISATION. Payments due under any Series of Notes will be made solely from the Underlying Assets of the relevant Compartment. If the proceeds from the realisation of those Underlying Assets are insufficient, investors will have no further claim against the Issuer, any other Compartment, or any other entity. Outstanding claims shall be extinguished and no residual debt shall be owed.
Unregulated Structure
AEQUITAS SECURITISATION is established under the Luxembourg Securitisation Law of 22 March 2004 and is not required to be authorised or supervised by the CSSF or any other financial regulator. Investor protections typically associated with regulated investment funds do not apply, including no requirement for independent administrators or depositaries, no mandatory financial reporting to regulators, and no independent valuation obligations.
No Investor Compensation
Investments in the AEQUITAS Note Programme are not covered by any investor compensation scheme or deposit guarantee scheme. In the event that the Issuer is unable to meet its obligations, investors may lose all of their investment without recourse to any compensation fund.
Illiquidity Risk
The Notes are not listed on a regulated market and there is no established secondary market for them. Investors should be prepared to hold Notes until their stated maturity. Early redemption may be subject to lock-up periods, gate provisions or other conditions set out in the applicable Final Terms. In certain market conditions, redemption may be delayed or suspended.
Real Estate Risk
Where Underlying Assets include tokenised real estate or real estate-linked instruments: property values can fall; real estate is inherently illiquid; rental income is not guaranteed; and tokenised representations of real estate interests are novel instruments whose legal enforceability, market acceptance and regulatory treatment continue to evolve.
Gold Trade Finance Risk
Where Underlying Assets include gold trade finance receivables: gold prices are volatile and subject to significant swings; trade finance transactions involve counterparty credit risk, settlement risk, and fraud risk; and cross-border commodity transactions may be subject to regulatory and customs restrictions.
AI Trading Strategy Risk
Where Underlying Assets include returns from algorithmic or AI-driven trading strategies: AI models may produce unexpected results in stressed market conditions; past performance of any model is no guarantee of future performance; model errors, data deficiencies or system failures may lead to significant losses; and strategies may involve leverage, which amplifies both gains and losses.
Tokenisation and Digital Asset Risk
Notes issued in tokenised form involve additional risks including: smart contract vulnerabilities; cybersecurity threats to digital platforms and wallets; rapidly evolving regulatory treatment of digital securities; platform downtime or discontinuation by DigiShares; and permanent loss of access to tokens through loss of private keys.
Market and Economic Risks
The Underlying Assets of each Compartment are exposed to interest rate risk, currency risk, credit risk, market volatility, liquidity risk, and geopolitical risk. Any of these factors can adversely and materially affect the value of the Underlying Assets and the returns payable to Noteholders.
Seek Independent Advice
This risk warning is not exhaustive. Before investing you should seek independent legal, financial and tax advice tailored to your personal circumstances and investment objectives. If you are uncertain whether an investment is suitable for you, you should not proceed.
For a comprehensive description of risk factors, please refer to Section 2 of the Private Placement Memorandum — AEQUITAS Note Programme, Version 1, dated 21 November 2025.
This document is provided for information purposes only and does not constitute legal advice. AEQUITAS SECURITISATION is a securitisation fund established under the Luxembourg Law of 22 March 2004, managed by AEQ MANAGEMENT Sàrl (RCSL B302489). For legal or compliance queries, please contact info@aequitas.io.