The overall investment objectives and risk tolerances for the investment portfolio managed by Capital Riches are as defined by Board of Directors. Specifically our Board has defined investment return objectives in addition to a risk appetite statement that sets out both the types and level of risk that the Board is willing to accept in pursuit of these return objectives. We manage the investments in the portfolio within the risk limits that are consistent with the overall risk appetite set out by the Board. The Risk Management, Legal department reviews progress and compliance on an annual basis.
The risks to which we are exposed can be categorized as Investment (Market, Credit and Liquidity risks) and Operational risks. Our Risk Management Framework provides a structure for the identification and management and reporting of these risks.