Investment Process. The Advisor shall make timely recommendations to the Trustee as to how the Trustee should invest and reinvest the assets of the Subaccount and, in that connection, may recommend that the Trustee purchase, sell or otherwise invest the assets of the Subaccount on the terms and conditions recommended by the Advisor in a manner consistent with the provisions of this Agreement. The manner and procedures for effecting any such purchases, sales or investments are set forth in Subsection 4(c) below. From time to time at the request of the Trustee, the Advisor shall consult with the Trustee on a timely basis with respect to any recommendation made by the Advisor or otherwise with respect to the investment of the assets of the Subaccount.
Investment Process. Subject to the Trustee’s authority for making investments, the Advisor shall invest the assets of the Subaccount in a manner consistent with the provisions of this Agreement and the Investment Guidelines. The manner and procedures for effecting any purchases, sales or investments for the Subaccount are set forth in Subsection 4(c) below.
Investment Process. The Advisor acknowledges that the Sub-Advisor uses a multi-factor model in a quantitative process that undergoes constant review for possible enhancement or modification. Sub-Advisor agrees that the investment process shall retain the same growth equity investment style.
Investment Process. Each of the Purchasers has independently evaluated its investment decision, followed its own investment procedures, and conducted diligence and received information it needs for an informed decision. Each Purchaser has access to and has reviewed, to the extent such Purchaser, so desires, the Company’s filings with the Securities and Exchange Commission (the “SEC”), which filings are available at the SEC’s website (xxxxx://xxx.xxx.xxx).
Investment Process. Winton follows a discxxxxxxd investment process that is based on scientific analysis of past data. The initial stage of the process involves collecting, cleaning and organizing large amounts of data. Winton uses a wide vaxxxxx of data inputs including factors that are intrinsic to markets, such as price, volume and open interest; and those that are external to markets, such as economic statistics, industrial and commodity data and public company financial data. Winton conducts scienxxxxx research into the data in an attempt to quantify the probability of particular markets rising or falling, conditional on a variety of quantifiable factors. Winton’s research is xxxx xx develop mathematical models that attempt to forecast market returns, the variability or volatility associated with such returns (often described as “risk”), correlation between markets and transaction costs. These forecasts are used in investment strategies that determine what positions should be held to maximize profit within a certain range of risk. Generally, if rising prices are forecast, a long position will be established or maintained and if falling prices are forecast, a short position will be established or maintained. As a result of Winton’s research, Wixxxx xxxieves that xxx xxvestments made in accordance with this process will have a slightly better than even chance of being successful which creates an expectation of profits over the long-term. Historically, Winton’s research focxxxx xx developing trend-following strategies that invest in futures contracts (based on data that is intrinsic to markets). However, in recent years, Winton has increased xxx xxe of non-trend-following strategies (generally based on data that is external to markets). Winton’s investment sxxxxxxxxs are operated as an automated, computer-based system. This investment system is modified over time as Winton monitors its oxxxxxxon and undertakes further research. Changes to the system occur as a result of, amongst other things, the discovery of new relationships, changes in market liquidity, the availability of new data or the reinterpretation of existing data. Most of Winton’s investments xxx xxxx strictly in accordance with the output of the system. However, Winton may, on occasixx (xxch as the occurrence of exceptional events that fall outside the parameters of the research on which the system is based), make investment decisions based on other factors and take action to override the output of the system t...
Investment Process. Subject to the Trustee’s authority for making investments, the Advisor shall invest the assets of the Subaccount in a manner consistent with the provisions of this Agreement and the Investment Guidelines. The manner and procedures for effecting any purchases, sales or investments for the Subaccount are set forth in Subsection 4(c) below. In-Kind Securities will be transferred into the Account in accordance with Appendix B, and Appendix B is hereby incorporated into this Agreement. The Advisor may delegate portfolio management and administrative duties to its affiliates and may share such information as necessary to accomplish these purposes. Additionally, the Advisor will have the ability to delegate back office services to State Street Investment Manager Solutions, LLC. In all cases, the Advisor shall remain liable as if such services were provided directly. No additional fees shall be imposed for such services except as otherwise agreed.
Investment Process. Each Investor has independently evaluated their investment decision; followed their own investment procedures; conducted diligence and received information they need for an informed decision.
Investment Process. The Investment Adviser believes that persistent, structural inefficiencies are present in global equity index markets, especially at high frequencies of price change, particularly with respect to mean-reverting qualities in these markets. These inefficiencies are primarily driven by the high level of disparity between market participants with respect to skill, access to information, commissions, and speed of execution, as well as the disparities between different exchanges and time-zones. Short-term deviations from equilibrium take place from temporary liquidity shortages, which evaporate as liquidity returns to the market, resulting in a reversion of the instruments to its mean. The program scours the market for these opportunities, many of which can last less than one minute during any time of the day in any market across the world. The Investment Adviser statistically tests all the markets within the trading universe on a monthly basis to confirm mean-reverting characteristics, and to ensure that the models applied to the markets are not over-adjusting parameters. The system analyzes price tick data, as well as volume, and night session data.
Investment Process. The Fund of Funds will invest in a diversified portfolio of local and offshore based collective investment schemes. The portfolio is diversified between fixed income assets including bonds, listed property, high- yielding equity and cash. The Fund of Funds is regulation 28 complaint. Low Risk Annual fee of 1.2% plus VAT paid directly to the Financial Services Provider at a rate of 0.1% plus VAT, on the market value of the investment at the end of each month.
Investment Process. The portfolio will hold a diversified portfolio of offshore domiciled unit trust funds and global equities. The strategies of this portfolio could include a combination of long, absolute / hedge and fixed income funds and global equities, as determined by the managers’ assessment of prevailing investment conditions.
