What Discretionary Portfolio Management Means
What Is Discretionary Portfolio Management?
Under a discretionary mandate, AETRAM makes and implements investment decisions on your behalf, always within the limits agreed with you. The service covers portfolio construction, investment selection within the mandate, asset allocation, monitoring, rebalancing where appropriate, risk and exposure review, and reporting with client reviews. It is management of your portfolio, not advice for you to act on, and it involves no trading signals, no promises of growth and no capital-protection claims.
How the Mandate Works, in Brief
The mandate is the written framework that governs everything. It defines what we may do, what we may not do, and how we account to you. Nothing is invested before it is agreed and signed, and every decision afterwards is answerable to it.
How the Discretionary Mandate Works
Objectives
The agreed investment goals of the portfolio.
Risk Profile
The level and type of risk accepted, confirmed through the approved client process.
Time Horizon
The expected duration of the mandate.
Permitted Investments
The approved investments and categories that may be used.
Restrictions
Agreed investment or exposure limitations.
Reporting Arrangements
Statement frequency, the review process and how we communicate.
Suitability Before Portfolio Management
Before accepting a discretionary mandate, AETRAM reviews your client classification, financial circumstances, investment objectives, risk profile, investment horizon, liquidity requirements, knowledge and experience, capacity for investment loss, source of funds and any relevant restrictions.
The website plays no part in this judgement: no risk profile is assigned, no suitability determined and no mandate recommended online. Those conclusions are reached by our team, with you, through the approved process. Completing a form does not confirm suitability or acceptance.
From First Conversation to Managed Portfolio
Initial consultation.
Client information and suitability review.
Investment objectives and risk profile confirmed.
Mandate terms and restrictions agreed.
Client documentation completed.
Portfolio established and implemented.
Ongoing monitoring and management.
Reporting and periodic reviews.
How We Manage Your Investment Portfolio
The portfolio is built to the mandate, considering your agreed objectives, approved risk profile, investment horizon, permitted categories, liquidity needs, currency exposure, concentration limits, your restrictions and prevailing market conditions. Only approved investments within the mandate are used.
Asset allocation is how the portfolio is distributed across the approved investment categories in your mandate. The allocation reflects your objectives and risk profile, and it remains subject to the agreed mandate, the approved process and the applicable risks throughout.
Where appropriate within the mandate, exposure is spread across approved investments, sectors, regions, currencies and categories. Diversification helps manage concentration risk; it cannot guarantee profit or prevent investment loss.
The portfolio is monitored on an ongoing basis: allocation against the mandate, mandate limits, risk and currency exposure, liquidity, concentration, portfolio activity and relevant market developments. Monitoring cannot prevent all losses or guarantee a specific outcome.
The portfolio is reviewed and adjusted where appropriate within the mandate, prompted by changes in allocations or exposure, market developments, risk considerations, liquidity needs, updated client information or changes to the mandate itself. Rebalancing does not guarantee improved performance.
Restrictions You Set
The mandate can include restrictions on investment categories, sectors, countries or regions, currencies, exposure limits, liquidity, concentration and other documented preferences. Every restriction is agreed in writing before it applies, and once recorded it binds how the portfolio is managed.
What You Receive
Holdings
Clear information about the assets in your portfolio.
Transactions
A record of portfolio activity in the period.
Performance Information
Reporting framed against the agreed mandate, where applicable.
Fees And Charges
The costs applied, matching your agreement.
Review Communication
Periodic review meetings and client updates.
What Shapes Portfolio Performance
Performance reflects market movements, asset allocation, investment selection, currency movements, portfolio costs, liquidity, investment timing and any changes to the mandate. Past performance does not guarantee future results, and AETRAM publishes no performance figures unless independently verified and approved.
Discretionary Portfolio Management Fees
Depending on your mandate, fees may include management fees, transaction charges and, where applicable, custody, administration, currency-conversion and third-party charges.
Fee structure: an annual management fee calculated on portfolio value.
Fee calculation: accrued on the portfolio's periodic valuation.
Fee frequency: charged at the interval set in your client agreement.
Every figure is set out in the client agreement and fee schedule before you commit, and nothing is charged outside those documents.
Important Portfolio Risks
Capital Loss
Some or all of the invested capital may be lost.
Market Risk
Investment values may rise or fall with market events.
Liquidity Risk
Some investments may be difficult to sell.
Currency Risk
Currency movements may affect values and costs.
Concentration Risk
Exposure to one area may increase potential losses.
Third-Party and Counterparty Risk
Exposure to external parties may create additional risks.
* Returns are not guaranteed.
Your Part in the Relationship
Provide complete and accurate information during onboarding and throughout the relationship: review the mandate and legal documents, disclose relevant financial information, explain your objectives and restrictions, tell us about material changes, review your portfolio reports, understand the risks and charges, and keep your contact and identification details current. A mandate manages best when both sides hold up their end.
When the Mandate Changes
A mandate is reviewed when there is a material change in your objectives, risk profile, financial circumstances, investment horizon, liquidity needs or restrictions, or where regulatory requirements or service terms change. Every change follows the approved review and documentation process, so the mandate on file always reflects what was actually agreed.
Request a Portfolio Suitability Review
Tell us a little about your objectives and we will arrange a conversation with the portfolio team. The consultation is a suitability discussion; it carries no obligation, and no investment advice is provided through this website.
*Submission does not confirm suitability, acceptance, an investment strategy or the establishment of a client mandate.
Frequently Asked Questions
A service where AETRAM makes and implements investment decisions for you within a written mandate agreed in advance, covering construction, allocation, monitoring, rebalancing and reporting.
With you, during the consultation and suitability process. Objectives are discussed, confirmed and recorded in the mandate before anything is invested.
Only approved investments within the categories permitted by your mandate. The permitted universe is documented in the mandate itself.
On an ongoing basis, against the mandate: allocation, limits, risk and currency exposure, liquidity, concentration and market developments. Monitoring cannot prevent all losses.
At the intervals set in your mandate, with scheduled review meetings on top.
Yes. Some or all of the invested capital may be lost. The suitability process exists to confirm you can bear the risks of your mandate before it begins.
Yes, through the approved review and documentation process, whenever there is a material change in your circumstances or requirements.
Through our official complaints process, by writing to complaints@aetramfinserv.ae. The Complaints Handling page explains what to include and how escalation works.
The authority to manage the portfolio within the mandate’s limits: its objectives, risk profile, permitted investments and restrictions. The mandate defines both the authority and its boundaries.
Through the approved suitability process, considering your circumstances, knowledge and experience, capacity for loss and preferences. It is never assigned automatically by the website.
Yes. Restrictions on categories, sectors, regions, currencies, exposure and more are recorded in the mandate and bind how the portfolio is managed.
When allocations or exposures drift, markets develop, your information changes or the mandate itself changes, always within the agreed framework. Rebalancing does not guarantee improved performance.
No. Investment returns are never guaranteed, and portfolio values can fall as well as rise.
A management fee on portfolio value, plus transaction and, where applicable, custody, administration and third-party charges, all set out in the client agreement and fee schedule before you commit.
Through the form on this page, or by contacting the portfolio team. The review is the first step of every engagement.
Support and Legal Documents
Contact the Portfolio Team
Ask questions about the service or onboarding.
Discuss a Discretionary Portfolio Mandate
Discretionary portfolio management is subject to client classification, suitability review, documentation and a signed written mandate. Investment values may rise or fall, and returns are not guaranteed.