All issues presented for shareholder vote are voted in what TT believes to be in the best interests of the beneficial owners of the accounts which it manages, in accordance with TT’s fiduciary duties to its clients. TT maintains an active investment strategy, and if TT has a material concern about the management or governance of a company in which it has invested, it may decide to sell the shares. TT decides how to cast each vote on a case-by-case basis, taking into consideration this policy, its obligations under its management agreements with relevant clients, fund offering documents, and other facts and circumstances which it judges relevant. TT will always comply with a client’s lawful instructions when exercising voting rights attached to that client’s securities.
Proxy voting decisions are taken by the COO. All proxy cards, proxy statements, and related materials received by TT in relation to client accounts are forwarded immediately to the COO. In taking proxy voting decisions on behalf of client accounts, the COO shall seek to vote proxies consistently for all client accounts subject to any special agreements with, instructions from, and sensitivities of particular clients.