Disclosures
Authorisation
Custom House Capital Limited is regulated by the Financial Regulator under the European Communities (Markets in Financial Instruments) Regulations 2007.
Investment Recommendations
Material assumptions: The material assumptions on which any general investment recommendations (the “Recommendations”) included in any: (a) publication of Custom House Capital Limited (including this website); or (b) statements of a director, employee or other representative of Custom House Capital Limited published by a third party are based, relate to matters such as business, market and economic conditions affecting the issuer in question.
Material sources: Issuers to which the Recommendations relate are companies listed on a recognised exchange with highly liquid securities. We do not disclose Recommendations in advance to issuers and consequently, subsequent amendment of the Recommendations does not arise.
Basis of valuation: Custom House Capital Limited utilises a number of techniques when assessing the appropriate valuation of a security. The particular technique utilised varies according to the characteristics of the individual security and the sector to which it belongs. Methodologies used include conventional valuation techniques such as the divided discount model, discounted cash flow analysis (DCF), sum of the parts valuations, peer-group and market comparison valuations and the residual income model.
Meaning of any Recommendation: Where a Recommendation expressly or implicitly suggests that a particular security is a "buy", "sell" or "hold", this generally means that the taking of this action in relation to the security in question is in line with the specific investment strategy of Custom House Capital Limited in the management of its client portfolio. It must be emphasised that this is an investment strategy with specific objectives and parameters. Accordingly, the fact that the purchase, sale or retention of a security is in accordance with our investment strategy does not necessarily mean that this action would be suitable for you in the light of your individual circumstances. In limited circumstances, a Recommendation made by a director, employee or other representative of Custom House Capital Limited in a third party publication may not, given the objectives and parameters of our client portfolio, be in accordance with the investment strategy of Custom House Capital Limited. However, in the personal opinion of the director, employee, or other representative of Custom House Capital Limited, the Recommendation may be valid, having regard to the valuation and prospects of the particular issuer, again, without reference to the individual circumstances of any person. It is important that you read and understand the Legal Disclaimer included on this website and obtain advice which is suitable to your particular circumstances and needs from a suitably qualified professional.
Remuneration: Custom House Capital Limited and its related companies do not provide investment banking services and so the remuneration of our or their directors, employees or other representatives who may be involved in making Recommendations is not tied to such services.
Conflicts of interest: Our conflicts of interest policy is available at www.chcam.ie. Directors, employees or other representatives of Custom House Capital Limited who may be involved in making Recommendations are permitted to own financial instruments in, or relating to, issuers on which they make Recommendations, subject to strict compliance with our personal account dealing policy.