t1ps Investment Management has considered the risks that might threaten the funds and has established various mechanisms to control these. Primarily this is done through the Risk Management Committee which is made up of the members of the Investment Committee and the Group Compliance Officer
The members of the Committee discuss the performance of the funds regularly and the individual investments on an as needed basis. Each member of the committee may recommend buying or selling any investment provided that it meets the overall objectives of the funds and would not cause any breach of any regulatory limits.
Liquidity Risk |
5% Cash Deposit |
15% Readily Realisable Stocks |
30% Realisable Stocks within 3-5 days |
In total, the funds can be 50% cash weighted within 3-5 days |
Concentration Risk |
The funds may not have more than 10% of their value in any single investment. This is a regulatory limit and the RMC has set a super-equivalent limit of 7.5% that is monitored on daily basis. |
The total value of the investments which exceed 5% of the value of the funds should not be in excess of 40%. This is a regulatory limit and the RMC has set a super-equivalent limit of 37.5% that is monitored on daily basis. |
The total number of investments will not exceed 50 holdings |