Investment Directives. Once you and your Investment Counsellor have met and discussed your investment objectives, risk profile, and income needs, your Investment Counsellor will determine the appropriate investment strategy for you. Typically, this includes using model asset allocation designed to meet individual investment goals by allocating client assets among different asset classes with varying levels of risk and return. Investment decisions are always made in your best interests. Supporting these decisions is our belief that incorporating a range of responsible investment techniques can have an important impact on the creation of long-term investor value. Our sub-advisors determine the role of responsible investment in their strategies. We will manage the securities and cash during the term of your Account Agreement (the “Agreement”) in accordance with the investment objectives, investment restrictions and practices relating to your Account as set out in this Agreement and the IPS and in accordance with applicable law and regulations. We will, with respect, to your Account:
a) establish and review with you, on an annual basis, your investment objectives, risk profile, restrictions and your income needs and develop an appropriate investment strategy for you based on this information. The investment strategy developed and referred to under this Agreement will not be deemed to include any personal income tax planning services, which will remain your responsibility;
b) in carrying out our duties and responsibilities under this Agreement, we exercise complete and unlimited discretionary trading authorization with respect to your Account. Pursuant to this authorization, you understand that we may, in our sole discretion and at your risk, directly or indirectly, purchase, sell, exchange, convert, and otherwise trade the securities and other permitted investments in your Account.For greater certainty, the authority granted to us includes authority to cause your Account to engage in in-kind transactions for the purpose of investing in securities issued by us or one of our affiliates. You agree to be bound by all decisions made by us in respect of trades of securities forming part of your Account and to be bound by all instructions issued by us to the Custodian [as defined in Section One, Part A(12)] in respect of your Account. We acknowledge that we will exercise such diligence, competence and skill as may be reasonably expected of a reputable, experienced and competent professiona...
Investment Directives. BPIC shall manage the Securities during the term of this Client Account Agreement (the “Agreement”) in accordance with the investment objectives and the investment restrictions and practices relating to the Account as set out in this Agreement and the IPS and in accordance with applicable law and regulations. BPIC shall, with respect, to the Account:
a) establish and review with the Client, on an annual basis, the Client’s investment objectives and restrictions as well as the Client’s income requirements and develop an appropriate investment strategy for the Client based on this information. The investment strategy developed and referred to herein shall not be deemed to include any personal income tax planning services, which shall remain the responsibility of the Client;
b) in carrying out its duties and responsibilities under this Agreement, exercise complete and unlimited discretionary trading authorization with respect to the Account. Pursuant to this authorization, the Client understands that BPIC may, in its sole discretion and at the Client’s risk, directly or indirectly, purchase, sell, exchange, convert, and otherwise trade the securities and other permitted investments in the Account. For greater certainty, the authority granted to BPIC hereunder includes authority to cause the Account to engage in in-kind transactions for the purpose of investing in securities issued by BPIC or one of its affiliates. The Client agrees to be bound by all decisions made by BPIC in respect of trades of Securities forming part of the Account and to be bound by all instructions issued by BPIC to the Custodian (as defined in Section 11) in respect of the Account. BPIC acknowledges that it will exercise such diligence, competence and skill as may be reasonably expected of a reputable, experienced and competent professional investment manager. Notwithstanding anything else to the contrary contained herein, the Client understands and agrees that BPIC shall at all times act in accordance with its best judgment, consistent with the Client’s investment objectives contained in the IPS;
c) in exercising its discretion hereunder, make investment decisions with respect to the Account based on the Client’s financial information and investment knowledge as set out in the Account Application, and within the approved guidelines, investment objectives, investment limitations and restrictions as outlined in the IPS for the Account, which has been reviewed and approved by the Client a...
Investment Directives. Unrealized Loss Triggers Restructurings
