The Investment Policy Statement - Commonfund
The Investment Policy Statement - Commonfund
The Investment Policy Statement - Commonfund
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Table of Contents<br />
Page<br />
<strong>Statement</strong> of Purpose .......................................................................................................3<br />
General Principles............................................................................................................3<br />
Roles and Responsibilities ................................................................................................3<br />
<strong>Policy</strong> Review...................................................................................................................4<br />
Goals and Objectives .......................................................................................................4<br />
Objectives of the Fund........................................................................................4<br />
<strong>Investment</strong> Philosophy........................................................................................4<br />
<strong>Investment</strong> Policies and Procedures ..................................................................................5<br />
Operating Guidelines..........................................................................................5<br />
<strong>Investment</strong> <strong>Policy</strong>................................................................................................5<br />
Asset Allocation, <strong>Investment</strong> Strategies, Guidelines and Restrictions ...................7<br />
Spending.............................................................................................................8<br />
Appendix A: Operating Guidelines ................................................................................9<br />
Hypothetical Target Asset Allocation .....................................................9<br />
<strong>Investment</strong> Strategies, Guidelines and Restrictions...............................10<br />
2 ©2011 COMMONFUND