investment ploicy statement
I have 1000000$. I invested 80%. I have 20% in cash.
The Investment Policy Statement.
Asset allocation:
1- strategic target.
2- role of asset classes.
policies and procedures:
1- Rebalancing and cash flows
2- Transaction guidelines.
3- Meeting schedule.
Manager Guidelines and objectives.
a- Definition.
b- Discretion.
c- Use of cash equivalents.
d- Use of derivatives.
e- Other restrictions.