RISK MANAGEMENT

Paramax distinguishes itself with a state-of-the-art operational infrastructure to manage its risk controls and compliance functions. This approach allows Paramax and its clients to manage their business and investments with the highest degree of institutional risk and reporting standards. Paramax's risk management culture embraces the following principles:

• Transparency and redundancy
• Third party custodians and risk reporting
• Real-time access to information
• Separation of duties and controls
• Independent Board of Directors
• Third party audits and oversight
• Formalized policies and procedures
• Documentation