Independence
first.
A ranking or a note is only worth something if readers know it was not bought. These are the rules we apply.
No issuer-paid research
No listed company, state or fund pays to be analysed. Our revenue comes from the readers of the research.
Complete rankings
Every fund in a category is ranked. Paying for a licence changes neither a fund’s place nor its score.
Separated activities
The index committee is separate from the research team; decisions are recorded.
Declarations of interest
Analysts declare their personal holdings and do not publish on a stock they hold without disclosing it.
Internal control
A head of internal audit and compliance checks that these rules are applied.
Complaints
Every complaint about a note, ranking or index receives a written answer.
Licensing Application for an investment-adviser licence (Conseil en investissements boursiers) under review by AMF-UMOA. Until it is granted, our services cover financial planning and education, without personalised recommendations to buy or sell securities.