Contents What exactly do we mean by risk? 3 Risk versus reward 4 Balancing risk – too much or too little? 5 Different types of investment and their level of risk 6 Find your level of risk 7 Common types of risk with investment 9 Ways to diversify and manage your risk 12 A few final reminders on risk 14 Glossary 15 Spin-free guides 16 Please refer to the glossary found on page 15 for an explanation of the words highlighted in bold throughout this guide. We are unable to give financial advice. If you are unsure about the suitability of your investment, speak to a financial adviser. The views expressed in this document should not be taken as a recommendation, advice or forecast.