Not what you're looking for?
Create an Investment Policy Statement based on the CFA framework.
Utilize the following Morningstar steps: http://news.morningstar.com/classroom2/course.asp?docId=4439&page=1&CN=.
Purchase this Solution
The solution assists in creating an investment policy statement based on the CFA framework.
See attached file for proper format of the table.
The ABC mutual fund was established to ABC Company with financial support. The investment policy plan is intended to meet Section 401 (a) requirements provided by the Internal Revenue Code. The Investment Policy Statement purpose is to assist in making investment plan decisions by identifying investment objectives, decision making process in investment selection, and instruments to be used in assessing investment performance. Accountability standards are provided to monitor progress of the investment portfolio and evaluate responsibilities.
? Achieve competitive long term rate of return that is 4% more compared to rate of inflation
? To preserve long term asset purchasing power while maintaining growth in annual distributions for the company
? Maintain wide range of investment portfolio at reasonable risk levels
? Control costs incurred in administering and managing the investment plan.
The general philosophy for the investment plan provides that investment options to be included should promote diversification by investing in different asset classes in order to achieve a wide range of investment opportunities. The investment plan shall aim to maximize returns at reasonable risk ...
Purchase this Solution
Free BrainMass Quizzes
This quiz will help you understand the dimensions of employee diversity as well as how to manage a culturally diverse workforce.
Test your knowledge of employee orientation with this fun and informative quiz. This quiz is meant for beginner and advanced students as well as professionals already working in the HR field.
This quiz test introductory finance topics.
Importance of Critical Thinking
This quiz gives students the opportunity to assess their knowledge of cost concepts used in managerial accounting such as opportunity costs, marginal costs, relevant costs and the benefits and relationships that derive from them.