All investments carry risks. For this reason, we have a Risk Management Policy that seeks to demonstrate the methodology, criteria, and parameters applied to monitor exposure to risk factors inherent to the investments made. The risks presented in our operations are all idiosyncratic, meaning they are endemic to an individual asset, a group of assets, an industry, or in some cases, a particular asset class. Idiosyncratic risks can also be referred to as unsystematic or specific risks. The idiosyncratic risks have little or no correlation with risks that reflect larger macroeconomic forces, such as market risks and general economic risks.