ViamInvest has developed a proprietary asset management system that is based on long-only value investing. Like other value investors we take advantage of price inefficiencies in the stock markets that are caused by less informed traders' overreactions to good or bad news announcements. However, unlike most other value investors our system is based entirely on a quantitative model/system that selects the stocks. The role of our portfolio managers is therefore not to pick the stocks but to run our system and to continue to develop it so that it will stay ahead of the competition. Our value investing approach also enables us to reproduce/simulate the performance of our investment system on historic data and thereby gather evidence on its potential return and risk ahead of doing any real investments. This gives us development and validation advantages that are not possible when using a traditional manager dependent value investing system. The key features of our investment product are:

1. Robust validation: ViamInvest will allow our initial investors to validate our investment process and our reproduced performance data to assure them of the quality of our asset management system. This validation will also cover several robustness tests made to reveal the sensitivity of our reproduced performance data for various changes in procedures and assumptions.
2. Higher return: Our reproduced investment return is substantially higher than the global stock market return.
3. Risk no worse: Our reproduced investment risk is no worse than the risk of an index fund that tracks the return on the global stock market.
4. No gearing: ViamInvest abstains from leverage 1) because it enables us to avoid being forced to sell out at depressed prices, 2) because we have no effective hedge opportunities and 3) because it discourages excessive risk taking arising from the risk maximizing incentive of the performance fee.
5. Semi-liquid: Our product is semi-liquid since it is unquoted. However, we are not locked-up in long-term investments and we are therefore both more liquid and have lower exit costs than many other unquoted investment products.
6. Transparent fees and incentives: ViamInvest's fund setup induces our employees to stay focused on pursuing our investment objective. This is achieved mainly by 1) requiring our portfolio managers to invest minimum 75% of their personal and investable fortune in our investment product and 2) by using a performance fee that qua ViamInvest’s setup is checked so that it promotes its desirable return-maximizing incentive and suppresses its undesirable risk-maximizing incentive.

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