generally be defined as the systematic risk exposures of the portfolio (usually achieved through asset allocation), while alpha is the residual, or skill/luck-based, component associated with the various
All 4 past returns.5 With data on each fund’s holdings of individual stocks, we can compute the value- weighted, fund-level systematic risk loading, which we refer to as the holding-based fund beta
established in accordance with the following rules: (1) arrange the structure of the company in an orderly systematic way, according to duties, with a view to: (a) prevent dishonest acts of its personnel; (b
organisational structure of the company shall be established in accordance with the following rules: (1) arrange the structure of the company in an orderly systematic way, according to duties, with a view to: (a
– 2019. ΔGPR Country-specific Monthly GPR Country-specific Yearly GPR Changes in yearly Country-specific GPR ΔGPR_SYS Changes in Systematic components of Country-specific GPR (Global Systematic shock) Δ
calculate the limits for each investment policy instead of for each fund, except for the investment limits set out in Clause 54.” Clause 4. In calculating limits for additional investment in assets by
, management company shall calculate the limits for each investment policy instead of for each fund, except for the investment limits set out in Clause 54.” Clause 4. In calculating limits for additional
Organisational structure 1.1 Segregation of work units and responsibilities Objective A management company shall have organisational structure that reflects the systematic segregation of duties. The mission
internal committee reviews some or all screening decisions; ▪ Automated IT systems prevent investments in excluded stocks; ▪ Systematic process that alerts the portfolio manager, compliance team and ESG team
shares as consideration method Number of shares issued as consideration x 100 Number of issued and paid-up shares of the Company N/A3 The highest transaction size 14.84% Remark: 1 Unable to calculate this