I use Sony Bank as my regular bank, so I was thinking of opening a NISA account with them too for the convenience.
I looked through their available funds and I’m ok with their selection.
However, this text pasted throughout all of their NISA website pages has me worried:
> ご注意
>
> – 投資信託は預金ではなく、預金保険の対象ではありません。
> – **ソニー銀行で購入した投資信託は投資者保護基金の対象とはなりません。**
> – 投資信託には元本保証はありません
> – 投資信託は投資した証券などの価格の下落や外国為替の変動により、その基準価額が下落して購入金額を下回る場合があります。
> – ご購入の際には、必ず「目論見書」をご覧ください
Does this mean in the event that the bank goes bankrupt I would lose all of the money I had invested??
What about brokers such as Rakuten Securities, is your money safe in case they go bankrupt?
by tirafesi