Please provide some assistance with the following:
Develop an investment policy statement for managing an international bond portfolio. Keep in mind the risk/return objectives, constraints, legal/regulatory requirements, and performance evaluation benchmarks.© BrainMass Inc. brainmass.com October 25, 2018, 7:03 am ad1c9bdddf
This is an example of a statement. You will want to go over it carefully, adjust to your considerations, and add to it. Make sure you make strategic choices for the bond portfolio mix is needed. I used a model found at the website below and modified it to meet the needs. You can add to the IP statement using this site as well, just make sure you cite it in any reference areas.
Client Name: X company
Client Type: Corporate
Client Subtype: Taxable Portfolio
Type of Policy:Corporate
State of Domicile: XXXXX
Tax Id: 00-0000000
Current Assets: $1,450,000
Modeled Return: 7.5%
1-Yr Loss Limit (Worst case scenario): -3.2%
"This Investment Policy Statement should be reviewed by an attorney knowledgeable in this specific area of the law. Any change to this policy should be communicated in writing and on a timely basis to all interested parties. If any term or condition of this Investment Policy Statement conflicts with any trust and/or plan document, the document shall control, as long as such term or condition is consistent with the law." (http://www.fi360.com/fa/help/Report_Samples/IPS_Individual.pdf)
The purpose of this Investment Policy Statement (IPS) is to assist the Client in effectively supervising,
monitoring and evaluating the Client's investment Portfolio (Portfolio). The client's investment program is defined in the various sections of this IPS by:
1. Stating, in a written document, the Client's attitudes, expectations, objectives and guidelines for the investment of the Client's applicable assets.
2. Encouraging effective communications between the Client and all parties involved with the investment management decisions. This is a primary goal.
3. Establishing formal criteria to select, monitor, evaluate and compare the performance results ...
The solution discusses the investment policy statements.
DELL Inc. Financial Statements
For DELL Inc.
Income Statement: Is the format more like a single-step or multistep format?
Determine gross profit, income from operations, and net income for the last two years; comment on the increases or decreases in these amounts.
Balance Sheet: Show that Assets = Liabilities + Stockholders' Equity for the past two years.
Statement of Cash Flows (http://www.dell.com/downloads/global/corporate/inv_history/cash_flows.pdf): Are cash flows from operations more or less than net income for the past two years?
Is the company expanding through investing activities?
What is the company's most important source of financing?
Overall, has cash increased or decreased over the past two years?
What are the significant accounting policies, if any, relating to revenue recognition, cash, short-term investments, merchandise inventories, and property and equipment?
What are the topics of the notes to the financial statements?
(see attached file for statements)View Full Posting Details