10 unchanged sentences
1.00% Decrease 1.00% Increase
−Removed: Investment income from variable rate investments $ (4,517,751) $ 4,554,622
−Removed: Interest expense from variable rate debt 1,913,391 (2,531,638)
−Removed: Net investment income from variable rate instruments $ (2,604,360) $ 2,022,984
+Added: Increase (decrease) in investment income from variable rate investments $ (2,487,373) $ 3,045,746
+Added: Decrease (increase) in interest expense from variable rate debt 831,933 (1,274,517)
+Added: Net increase (decrease) in investment income from variable rate instruments $ (1,655,440) $ 1,771,229
We may hedge against interest rate fluctuations by using standard hedging instruments, such as futures, options and forward contracts.
While hedging activities may insulate us against adverse changes in interest rates, they may also limit our ability to participate in benefits of lower interest rates with respect to our portfolio of investments with fixed interest rates.
−Removed: For the years ended December 31, 2023 and 2022, we did not engage in interest rate hedging activities.
+Added: For the years ended December 31, 2024 and 2023, we did not engage in interest rate hedging activities that qualify for hedge accounting.
Prepayment Risks
25 unchanged sentences
Compared sentence by sentence after normalising whitespace, quotation marks, case and digits, so re-formatting and restated figures do not read as changed language. Wording changes appear as one removal and one addition. The current filing and the prior one are authoritative.