Risk Profile Questionnaire
September 20, 2019
This tool is designed to assess your comfort balancing investment risk with upside potential. Higher expected returns are correlated with larger potential losses. Summit believes this process is helpful to assess risk but it is not an exact science.
Take Risk Survey
1. What is the main goal for your investments?
a) Safely generate income from my investments
b) Generate income, while also pursuing capital appreciation
c) Steadily grow my assets
d) Aggressively grow my assets
2. I expect to pull money from my investments in:
a) 1-4 years
b) 5-10 years
c) 11-20 years
d) Over 20 years
3. How often do you check your portfolio value?
a) Generally monthly, but daily/weekly during volatile times
b) Generally quarterly, but no more than monthly even during volatile times
4. Five (5) years from now, how do you expect your income to change?
a) Substantially lower
b) Modestly lower
c) About the same
d) Modestly higher
e) Substantially higher
5. Please select the most complex investment you have owned, or would be comfortable owning:
a) Money Market/CDs
b) Stocks and Bonds (including mutual funds and ETFs)
c) Hedge Funds, Options, Private Equity or other Unlisted Securities
6. Which best describes your tolerance to risk?
a) I pursue modest increases in my investments, with low risk of loss
b) I aim for investment growth, accepting moderate risk of loss
c) I seek above-average growth in my investments, accepting above-average risk of loss
d) I reach for maximum returns, accepting significant risk of loss
7. This chart shows the potential 1-year risk / return tradeoff of a $100,000 investment. Which would you choose?
8. During the 2008/2009 bear market, how did you react?
a) I don't know OR I wasn't invested at the time
b) I sold a significant amount of my risk assets
c) I made modest changes to my portfolio
d) I made no changes to my portfolio
e) I bought more risk assets
9. You make an investment, planning to hold it for 5 years. It then loses 20% in its first year. How do you react?
a) I would sell my investment
b) I would consider selling part of my investment
c) I would wait to see how it continues to perform
d) I wouldn't sell my investment
e) Buy more of the investment
10. The following charts show the potential performance of an investment over 10 years. Which would you choose?
Your survey answers indicate your risk tolerance category is
. You can accept losing
in a market downturn to pursue long-term goals.
Describe your investments (optional)
Enter as many positions as you'd like. We will use this information to run a stress test analysis on your investments.