Our Terms of Business explain the basis on which we provide investment management services to clients. They set out the responsibilities of TAM, the client, and where applicable, the client’s financial adviser.
The full Terms of Business form part of the client agreement when an account is opened. A copy is always provided during onboarding and is available on request.
Our role
TAM Asset Management International provides discretionary portfolio management services. This means we manage client portfolios in line with an agreed investment mandate and risk profile.
We are responsible for managing investments, implementing portfolio decisions, monitoring portfolios, and reporting to clients and advisers.
Where a financial adviser is involved, TAM does not provide financial planning or suitability advice.
Client and adviser responsibilities
Where clients work with a financial adviser, the adviser is responsible for assessing suitability, understanding the client’s financial situation, and recommending the appropriate portfolio and level of risk.
TAM relies on the information provided by the client and their adviser when managing portfolios. Clients should notify their adviser and TAM of any material change in circumstances.
Clients investing directly with TAM, without an adviser, are responsible for their own investment decisions and risk selection.
Custody and protection of assets
Client assets are held separately from TAM with an independent custodian. This ensures client assets remain protected and segregated from company assets.
TAM performs due diligence when selecting custodians and service providers.
Fees and reporting
Fees and charges are clearly disclosed in client proposals and account documentation before any agreement is signed.
Clients and advisers can access portfolio valuations and reports through the secure client portal.
Regulations
TAM Asset Management International Limited is authorised and regulated by the Financial Services Commission of Mauritius.