A Licensed Person shall manage Investment Portfolios according to clear policies which are consistent with the volume and nature of his activities and suitable to meet Client’s investment needs. The guidance in particular shall include the following:First: Aspects related to all types of Investment Portfolios: 1. Evidence of commitment to meeting the Client’s investment goals and methods for achieving the same. 2. Determining the powers, authorities and responsibilities of the Licensed Person in each type of Investment Portfolio. 3. Regulating the relation between Clients’ investments with those of the Licensed Person and any Subsidiary, Associate company or Related Party. 4. Fulfilling Clients’ requests without compromising the authorised purposes of the Licensed Person. For example, Investment Portfolio managers who work pursuant to Islamic Sharia shall not invest a Clients’ money in Securities which do not meet the Islamic Sharia requirements even if this was the Client’s request or order. 5. Detailed guidance on procedures applicable in the event of any mistake while executing Clients’ orders. Second: Aspects related to Investment Portfolios managed by the Licensed Person: 1. A statement explaining the investment policies applicable in accordance with the Client’s instructions (conservative or balanced or non-conservative policy). 2. How to determine variation and distribution method for Investment Portfolio consisting-assets according to the Client’s instructions. 3. Method of determining investment targeted market subject to the Client’s instructions. 4. Determining Investment Portfolio related risks and the Securities therein, as well as the applicable ways to reduce such risks. 5. Maximum limits of concentrations in components of each Investment Portfolio according to each Security type, the investment sector, investment country and Security Issuer. 6. Bases and controls related to Securities distributions which shall be purchased and sold for the Clients’ account as for the Investment Portfolios managed by the Licensed Person.