1. Lack of Liquidity: Alternative investments are generally illiquid and may be difficult to sell or transfer. There may be restrictions on redemptions or limited opportunities to redeem investments.
2. Limited Transparency: Alternative investments often have complex structures and strategies, making it difficult to fully understand the underlying risks and exposures.
3. Use of Leverage: Many alternative investment strategies employ leverage, which can magnify both gains and losses.
4. Potential for Significant Losses: Alternative investments can experience substantial losses, potentially leading to the complete loss of your invested capital.
5. Concentrated Portfolios: Some alternative investment strategies involve concentrated portfolios, increasing the risk of losses from specific investments or market events.
6. Complex Tax Implications: Alternative investments may have complex tax implications, potentially resulting in unexpected tax liabilities.
7. Limited Regulatory Oversight: Alternative investments may operate with less regulatory oversight than traditional investments, increasing the risk of fraud or mismanagement.
8. Conflicts of Interest: Target Wealth Group or its affiliates may have conflicts of interest in managing alternative investments, potentially impacting investment decisions.
9. Reliance on Key Personnel: The success of alternative investment strategies may depend heavily on the skills and experience of key individuals, whose departure could adversely affect performance.
10. Risks Specific to Strategies: Each alternative investment strategy may carry additional risks specific to its investment approach, asset classes, and market exposures.

Investing in alternative investments is speculative and involves a high degree of risk. You should only invest funds that you can afford to lose entirely. It is essential to thoroughly review all offering materials and consult with qualified financial advisors before making any investment decisions.