Page 7 - CCFA Journal - Tenth Issue
P. 7

加中金融                                       宏观经济 Macro Economy


    Disclosure

    This document is provided by RBC Global Asset Management (RBC GAM) for informational purposes only and may not be reproduced, distributed or published without the written
    consent of RBC GAM or its affiliated entities listed herein. This document does not constitute an offer or a solicitation to buy or to sell any security, product or service in any
    jurisdiction; nor is it intended to provide investment, financial, legal, accounting, tax, or other advice and such information should not be relied or acted upon for providing such
    advice. This document is not available for distribution to people in jurisdictions where such distribution would be prohibited.
    RBC GAM is the asset management division of Royal Bank of Canada (RBC) which includes RBC Global Asset Management Inc., RBC Global Asset Management (U.S.) Inc., RBC Global
    Asset Management (UK) Limited, RBC Global Asset Management (Asia) Limited, and BlueBay Asset Management LLP, which are separate, but affiliated subsidiaries of RBC.

    In Canada, this document is provided by RBC Global Asset Management Inc. (including PH&N Institutional) which is regulated by each provincial and territorial securities commission
    with which it is registered. In the United States, this document is provided by RBC Global Asset Management (U.S.) Inc., a federally registered investment adviser. In Europe this
    document is provided by RBC Global Asset Management (UK) Limited, which is authorised and regulated by the UK Financial Conduct Authority. In Asia, this document is provided
    by RBC Global Asset Management (Asia) Limited, which is registered with the Securities and Futures Commission (SFC) in Hong Kong.
    Additional information about RBC GAM may be found at www.rbcgam.com. This document has not been reviewed by, and is not registered with any securities or other regulatory
    authority, and may, where appropriate, be distributed by the above-listed entities in their respective jurisdictions.

    Any investment and economic outlook information contained in this document has been compiled by RBC GAM from various sources. Information obtained from third parties is
    believed to be reliable, but no representation or warranty, express or implied, is made by RBC GAM, its affiliates or any other person as to its accuracy, completeness or correctness.
    RBC GAM and its affiliates assume no responsibility for any errors or omissions.

    Opinions contained herein reflect the judgment and thought leadership of RBC GAM and are subject to change at any time. Such opinions are for informational purposes only and
    are not intended to be investment or financial advice and should not be relied or acted upon for providing such advice. RBC GAM does not undertake any obligation or responsibility
    to update such opinions.

    RBC GAM reserves the right at any time and without notice to change, amend or cease publication of this information. Past performance is not indicative of future results. With all
    investments there is a risk of loss of all or a portion of the amount invested. Where return estimates are shown, these are provided for illustrative purposes only and should not be
    construed as a prediction of returns; actual returns may be higher or lower than those shown and may vary substantially, especially over shorter time periods. It is not possible to
    invest directly in an index. Some of the statements contained in this document may be considered forward-looking statements which provide current expectations or forecasts of
    future results or events. Forward-looking statements are not guarantees of future performance or events and involve risks and uncertainties. Do not place undue reliance on these
    statements because actual results or events may differ materially from those described in such forward-looking statements as a result of various factors. Before making any
    investment decisions, we encourage you to consider all relevant factors carefully.

    声明

    本文件由 RBC 环球资产管理公司 (RBC GAM) 提供,仅供参考,未经 RBC GAM 或其在此列出的关联实体的书面同意,不得复制、分发或出版。本文件不构成在任何司
    法管辖区购买或出售任何证券、产品或服务的要约或招揽;它也不旨在提供投资、财务、法律、会计、税务或其他建议,不应依赖或根据此类信息提供此类建议。本
    文件不得分发给禁止此类分发的司法管辖区内的人员。

    RBC  GAM 是加拿大皇家银行  (RBC) 的资产管理部门,包括 RBC Global Asset  Management  Inc.、RBC Global  Asset  Management (US) Inc.、RBC  Global Asset
    Management (UK) Limited、RBC Global Asset Management (Asia) Limited 和 BlueBay Asset Management LLP,它们是独立的,但是 RBC 的附属子公司。

    在加拿大,本文件由 RBC Global Asset Management Inc.(包括 PH&N Institutional)提供,该公司受其注册的各省和地区证券委员会监管。在美国,本文件由联邦
    注册投资顾问 RBC Global Asset Management (US) Inc. 提供。在欧洲,本文件由 RBC Global Asset Management (UK)Limited 提供,该公司由英国金融行为监管局
    授权和监管。在亚洲,本文件由在香港证券及期货事务监察委员会(证监会)注册的加拿大皇家银行环球资产管理(亚洲)有限公司提供。

    有关 RBC GAM 的更多信息,请访问 www.rbcgam.com。
    本文件未经任何证券或其他监管机构审查,也未在任何证券或其他监管机构注册,并且可能在适当情况下由上述实体在其各自的司法管辖区内分发。

    本文件中包含的任何投资和经济前景信息均由 RBC GAM 从各种来源汇编而成。从第三方获得的信息被认为是可靠的,但 RBC GAM、其附属公司或

    任何其他人对其准确性、完整性或正确性不作任何明示或暗示的陈述或保证。 RBC GAM 及其附属公司对任何错误或遗漏不承担任何责任。
    此处包含的意见反映了 RBC GAM 的判断和思想领导力,并可能随时更改。此类意见仅供参考,无意作为投资或财务建议,不应作为提供此类建议的依据或依据。 RBC
    GAM 不承担更新此类意见的任何义务或责任。

    RBC GAM 保留随时更改、修改或停止发布此信息的权利,恕不另行通知。

    过去的表现并不预示未来的结果。所有投资都存在损失全部或部分投资金额的风险。在显示回报估计的地方,这些仅供说明之用,不应被解释为对回报的预测;实际
    回报可能高于或低于显示的回报,并且可能会有很大差异,尤其是在较短的时间段内。直接投资于指数是不可能的。

    本文件中包含的某些陈述可能被视为前瞻性陈述,这些陈述提供了当前对未来结果或事件的预期或预测。前瞻性陈述不是对未来业绩或事件的保证,涉及风险和不确
    定性。不要过分依赖这些陈述,因为由于各种因素,实际结果或事件可能与此类前瞻性陈述中描述的结果或事件存在重大差异。在做出任何投资决定之前,我们⿎励
    您仔细考虑所有相关因素。






















                                            CCFA JOURNAL OF FINANCE   March 2023
                                                                                                        Page 7     第7页
   2   3   4   5   6   7   8   9   10   11   12