The Firm pursues an investment strategy to which the aims of the Stewardship Code are not fully relevant. The Firm does not actively trade public equities (other than index exchange-traded funds), but it may occasionally be a seller of a public equity received as a distribution from a private investment. The Shareholder Rights Directive does not apply to Global Customised Wealth LLP as it does not invest in shares traded on EU Regulated Markets in the ordinary course of business.
Consequently, while the Firm supports the objectives that underlie the Code and the Directive, the provisions of the Code are not relevant to the type of activity currently undertaken by the Firm. If the Firm’s investment strategy were to change in such a manner that the provisions of the Code become relevant, the Firm will amend this disclosure accordingly.