Common use of Managing your Portfolio and risk Clause in Contracts

Managing your Portfolio and risk. 6.1 This Term 6.1 will apply only where you have appointed us to provide you with discretionary management services: 6.1.1 we will manage each Portfolio with a view to achieving the Investment Objective, as set out in the Discretionary Management Agreement (the Investment Objective) within any restrictions agreed in writing between us and you. Subject to the Investment Objective and such restrictions, you agree that we, acting as your agent, shall have authority and complete discretion over any Portfolio, without reference to you (except where indicated below), to: (a) buy, sell, retain, exchange or otherwise deal in financial instruments and investments (including (but not exclusively) units in collective investment schemes, shares in UCITs and similar investment funds, bonds, shares, exchange traded funds and derivatives, and Collective Investment Schemes which may be located outside the United Kingdom (UK) and financial instruments and investments which may include a degree of gearing);