Fiduciary-Grade AI Autonomy · User-Signed Risk Envelope · Multi-LLM Orchestration · High-Water Mark Fee · Kill Switch
A Mandate is a legally binding, user-signed document that defines the exact boundaries within which PG-AI's AI agents may operate on the user's behalf. It is the user's constitution — every AI skill invocation must pass through the mandate's rules before execution.
Core rule: No skill runs without mandate approval. No trade executes outside mandate parameters. No exception.
Each user defines the following parameters when signing their mandate:
| Parameter | Description | Example |
|---|---|---|
| Max Drawdown | Maximum permissible portfolio decline from peak before AI halts all trading | 5% / 10% / 15% |
| Asset Whitelist | Specific asset classes the AI may invest in | UST, IG Credit, Gold, S&P 500 |
| Asset Blacklist | Asset classes explicitly prohibited | Commodities futures, leveraged ETFs |
| Rebalance Cadence | How often the AI may rebalance the portfolio | Weekly / Monthly / Threshold-only |
| Offensive Cap | Maximum allocation to the offensive engine | 0% / 10% / 25% |
| Investment Horizon | Minimum holding period before the AI may liquidate | 30 days / 90 days / 1 year |
| Geographic Scope | Permitted investment geographies | US only / US + EU / Global |
| ESG Filter | Environmental, social, governance constraints | None / Exclusion / Full ESG |
The mandate governs the invocation of all eight core skills. Each skill call is pre-checked against the mandate's parameters by the Compliance skill (Skill 03) before execution.
Reads macro, earnings, yield curves. Maps into regime signal: expansion, contraction, crisis, recovery.
Enforces max drawdown, VaR limits, and concentration caps per the user's mandate.
Pre-checks every skill invocation against mandate parameters, jurisdictional rules, and suitability.
Lot selection, wash-sale avoidance, residency-aware yield routing per mandate's tax jurisdiction.
Drift correction bounded by mandate's rebalance cadence and offensive cap.
Streams signed holdings from 5 banks every 3 seconds. Verifies assets match liabilities.
Monitors macro events. Triggers defensive mode based on mandate's risk tolerance.
Builds target allocation across defensive and offensive engines within mandate bounds.
Trigger: VIX > 30, yield-curve inversion, geopolitical crisis, or Event Watch regime-shift signal.
Action: Portfolio Construction rotates up to 100% of assets into US Treasuries and allocated gold. All offensive positions are unwound. Rebalancing frequency increases to daily.
Trigger: Market Intel confirms expansion regime + earnings-beat cluster detected + Risk Guardrails confirms budget available.
Action: Portfolio Construction allocates up to the mandate's offensive cap (default 25%) into growth equities, Apollo private credit, and infrastructure RWA. Tax Optimization selects the most efficient entry points.
Every skill invocation produces a signed Explainability Log entry containing:
All logs are available to the user in real time via the PG-AI dashboard. Regulators (SEC, MAS) have full read access per their respective oversight agreements.
Management fee: 0%. PG-AI charges zero recurring management fee under any circumstances.
Performance fee: 20%. Calculated only on net new gains above the investor's historical high-water mark (HWM). If the portfolio declines and later recovers, the fee applies only to returns above the previous peak — never on recovered losses.
Crystallization: Quarterly. Accrued daily, settled at quarter-end.
Hurdle rate: None. The HWM mechanism itself ensures PG-AI only earns when the investor reaches new peaks.
At any time, the user can activate the Kill Switch — a one-tap control that immediately freezes all AI skill invocations and places the portfolio in custody-only mode.
I, the undersigned, hereby authorize PG-AI Inc. and its regulated SPV (PG-AI Custody Holdings Pte. Ltd.) to manage my assets within the parameters defined in this Mandate. I understand that:
(a) All AI operations are bounded by the parameters I have set above;
(b) I may modify these parameters at any time with 24-hour notice;
(c) I may activate the Kill Switch at any time to freeze all operations;
(d) My assets are held at custodian banks, not by PG-AI;
(e) PG-AI charges 0% management fee and 20% performance fee above HWM only;
(f) This mandate is governed by the laws of the State of Delaware (US) and the Republic of Singapore.