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How is the BEA risk level defined?

BEA defined level risk
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How is the BEA risk level defined?

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The BEA Risk Levels are listed as below: BEA Risk Level Corresponding Investment Preference 1 Low Product of this level is generally suitable for an investor who is willing to accept lower returns in exchange for a higher degree of stability and certainty. 2 Medium Product of this level is generally suitable for an investor who is willing to accept some investment risks in exchange for potentially a higher but relatively stable return. 3 Medium to High Product of this level is generally suitable for an investor who is willing to accept considerable investment risk in exchange for potentially a higher return. 4 High Product of this level is generally suitable for an investor who is willing to accept significant investment risk in exchange for potentially a significant return. 5 Very High Product of this level is generally suitable for an investor who is willing to accept significant high investment risk in exchange for potentially a substantial return.

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