Common use of Model Portfolios Clause in Contracts

Model Portfolios. 2.8.1. Where you advise your underlying clients to invest in one or more of Credo’s model portfolio of investments, we will not provide advice to your underlying clients in relation to any model portfolios. We will not therefore consider the suitability or appropriateness of any transactions entered into. It is your responsibility to advise your clients in relation to the suitability and appropriateness of any model portfolio in compliance with the FCA Rules. It is also your responsibility to monitor each Account that is linked to such model portfolio(s) and to continue to assess the suitability or appropriateness of all transactions entered into (including those resulting from changes to the model portfolio(s) and rebalancing of each Account), on an ongoing basis and to ensure that the model portfolio and rebalancing are correctly applied to each Account.