We strive to ensure that clients are at all times satisfied with the integrity of reported information, risk monitoring and compliance processes.

Accordingly, the administration functions and the monitoring of risk and compliance are performed by parties independent of Gondo.

The management of funds is dictated by mandates. The mandates are particular to each fund, and contain information such as the prescribed investment parameters, notice periods, fee details, etc.  

Gondo maintains live spreadsheets for all of its funds. For final evaluation purposes and to identify potential discrepancies, valuations are compared to those of the administrators' on a monthly basis.

South African domiciled funds

• The prime broker is Peregrine Securities. Secondary broking arrangements are in place with other institutional brokers in the respective countries.

Offshore domiciled funds

• The custodian/settlement bank is Standard Chartered Bank Mauritius. Broking arrangements are in place with institutional brokers in the respective countries.  
  
  
• IDS (Investment Data Services) International in Malta are the independent administrators. IDS are responsible for all investor flows, documentation, month-end reporting etc.  
  
  
• The monitoring of risk and compliance, with reference to parameters defined in each the fund's mandate, is performed independently by Riscura and Riskworx respectively. Risk reports are produced daily and compliance reports weekly.