PRIVATE BANKING

Assets Management Mandate
Funds Management Mandate
“Plus” Management Mandate
Mandat “Allocation Evolutive”

Funds Management Mandate

Line of management

The mandate is a discretionary mandate for personalized assets management, which invests mainly in investment funds managed by the Compagnie Monégasque de Gestion (99,99% CMB) and by other management companies, in quoted funds and financial instruments bound to stock exchange indexes (such as deposit certificates or investment trusts).

Forwarded transactions, purchase/sale operations without covert, leverage operations and the use of financial instruments with speculative aims above 10% of credits are excluded.

Financial objectives

The management mandate is suitable for needs defined in accordance with the mandant Client. It takes into consideration time and sensitivity constraints, and specific requirements expressed by the mandant Client.
Management will be oriented towards a range of diversified management products based on market opportunities.
The mandate contemplates three general profiles having levels of risk defined according to the specific types of funds chosen.
The minimum limit for share investments is set at 20% of managed assets and cannot exceed 30% for the conservative profile, from 40 % to 60% for the balanced profile and from 80% to 100% for the dynamic profile.

Investments issued in a different currency from the currency of reference which is not covered by the risk of foreign exchange will have a 15% minimum limit of managed assets and cannot exceed 30%. Limits are respectively 20% to 40% for the balanced profile and 30% to 60% for the dynamic profile.

Style of management – Investment method

The portfolio is managed in an active way.
It tries to generate long-term capital gains, according to the profile chosen, and controls the risks connected to the different kinds of fund chosen.
Investment policy and geographic allocation of share funds and bond funds are defined after analysing the economic and technical situation of market conditions.

Investments issued in a different currency from the currency of reference can be completely or partially covered by the risk of foreign exchange.