Investments

Investment policies

Investment policies refer to policies the board has defined and/or approved guiding how the various organizational funds should be invested.

Your investment policy should clarify the following points:

• investment objectives
• specific funds affected
• asset allocation guidelines including diversification
• spending rules
• investment restrictions
• performance measurement
• reporting requirements

Who’s Minding the Money by Robert Fry http://www.boardsource.org/Bookstore.asp?Item=1090