Penny Shares. TINTL m▇▇ ▇▇vest on the Funds' behalf in penny shares and AEFC should therefore be aware that there is an extra risk of losing money when shares are bought in some smaller companies including penny shares. There i▇ ▇ ▇ig difference between the buying and selling price of these shares. If they have to be sold immediately, the Funds may get back much less than they paid for them. The price may change quickly and it may go down as well as up.
Appears in 2 contracts
Sources: Subadvisory Agreement (Axp Variable Portfolio Investment Series Inc), Subadvisory Agreement (Axp International Series Inc)