INVESTMENT LOANS

Leverage Disclosure

Using borrowed money to finance the purchase of securities involves greater risk than a purchase using cash resources only. If you borrow money to purchase securities, your responsibility to repay the loan and pay interest as required by the loan agreement remains the same, even if the value of the securities purchased declines. Please ensure you read the Leverage Disclosure Statement found in the loan application and discuss with your financial advisor the actual risks and potential benefits of borrowing money to purchase securities.