Monthly review

Drift review and turnover-capped proposal · Discretionary PMS · target weights only.

Submitted for approval

Launch—model inception

Review date—on verified snapshot

Proposed turnover——

Volatility now—annualised, model

Proposed target weights

—

Symbol	Action	Now	Proposed	Flags & reason

One name is held pending data review (a >25% single-day move, usually an unadjusted corporate action) and is excluded from the signed set until cleared. Model returns are never shown to clients.

Decision

maker: Priya Kamath

Accept — adopt the proposed target weights in full

Accept in part — adopt a subset; note exclusions in the rationale

Defer — keep current weights; revisit next cycle

Rationale (PMS Regulations, Reg 27(1)(e))

Maker–checker: the approver cannot be the maker.