At Amwal the investment philosophy is long-term value investing. Fundamental Analysis, Portfolio Construction, Regular Monitoring, and Risk Management constitute the investment process at Amwal. In addition to continuous monitoring of stock price performance and reported earnings, we have also developed a proprietary “Profitability Index”. This serves as a leading indicator in estimating company earnings. Risk monitoring and compliance check is an independent function at Amwal, staffed by highly-experienced professionals and backed by best-in-class systems. As an example, we use Advent’s pre-trade compliance system that flags potential breaches of investment restrictions before trades are placed. We closely monitor of stock prices to take advantage of volatility for our experts believe it is smarter to outperform whilst limiting losses. We are active managers and invest in companies that interest us and are as cause-oriented as we are. We buy companies on reasonable valuations, avoiding bubble valuations as we have successfully done in the recent past. The region’s stock markets are relatively young and inefficient market, so active management does add value. We aim to exploit risks that we understand, and avoid those that we cannot predict.