FICTIONAL DOCUMENT FOR PRACTICE - no reference to real people, companies or records

PROFILE SUMMARY - CLIENT A
Profile last updated: 20 October 2025
Account covered by the advice: general investment account (GIA).

Knowledge and experience: good for funds, gilts and bonds; no experience with derivatives or structured products.
Financial situation: stable employment income; financial assets are those of the advised portfolio; no debts.
Objective: preserve capital and grow it moderately; university costs for the client's daughter expected from 2028.
Time horizon: 5 years.
Attitude to risk: cautious. The client states that they could not bear a loss of more than 10% of the portfolio in one year.

Limits agreed for the portfolio:
1. Equities, including those held through funds and ETFs: no more than 30% of the portfolio.
2. A single issuer other than the UK Government: no more than 10% of the portfolio.
3. Cash: at least 5% of the portfolio.
4. No complex products (structured products, structured notes, derivatives), unless after a new documented assessment.
5. Corporate bonds only if rated "investment grade" (BBB- or above).