What further restrictions does SWIP impose on the Fund over and above the requirements by the regulator and rating agency?
We at SWIP, in conjunction with the Board of Directors impose tighter constraints in several areas to ensure we meet the primary objectives. The main area where this is evident is in the credit policy where we limit both the maximum exposure per counterparty and also impose a tenor or maturity restriction on all counterparties. We will from time to time vary these restrictions as we deem it appropriate to ensure we continue to meet the Funds’ primary objectives.
