Process

METHODS OF ANALYSIS AND INVESTMENT STRATEGY

IIR Research is recognized by its Independence, Quality Analysts, Informed Opinion and freedom from trading bias, market or business related conflicts of interest The Review Process considers a broad range of qualitative and quantitative factors. The investment review process is the firm’s intellectual property and this knowledge base has been built up since 1999 across all industry sectors. Factors to be considered include product management, underlying product construction, management, management stability, experience and performance, fees, risks and likely outcomes. IIR publishes research reports commissioned by clients on www.iirglobal.com. The access to the website is via username and password. There is no subscription fee. IIR reserves the right to withdraw a report at any time from the website, should there be a requirement to do so. It may also terminate a subscription without notice. An example of the withdrawal of IIR research would include, amongst other things, a change of management or control, an extraordinary event, or any other change that may affect the value of an investment.

Investment Philosophy

We conduct fundamental research into operations and management to determine the value of a company/ issuer/ product. We look at three main factors: Return on equity versus premium to asset value and present and future earnings. Good management, liquidity and respected support in a favorable sector. Other factors may include product management, underlying product construction, management, management stability, experience and performance, fees, risks and likely outcomes. IIR publishes research reports on www.iirglobal.com. Access to the website is via username and password. There is no subscription fee. IIR reserves the right to withdraw a report at any time from the website, should there be a requirement to do so. It also has the right to terminate a subscription for a user without notice. An example of the withdrawal of IIR research would include, amongst other things, a change of management or control, an extraordinary event, or any other change that may affect the value of an investment. The review process remains the intellectual property of IIR since 1999.