Investment Policy Statement Best Practices INT1345-Digital

INVESTMENT POLICY

INSTITUTIONAL

WHAT IS AN INVESTMENT POLICY STATEMENT? An investment policy statement is a customized document designed to serve as a road-map of a non-profit’s investment program to help ensure that the organization can continue its mission. This document defines the objectives, constraints, unique circumstances, and oversight procedures that govern investment-related activities within a non-profit organization. allocation strategy as a key component, form the essence of endowment and foundation investment practices. The investment policy statement becomes a compass that guides the board and investment consultant, and can help:   Serve as a road-map for non-profits seeking to meet their objectives while balancing portfolio risk   Provide thorough understanding of a portfolio’s purpose and objective THE IMPORTANCE OF INVESTMENT POLICY Investment policy statements, which include asset

  Define strategic and tactical asset allocation strategies

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