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Investor Policy Statement

In: Business and Management

Submitted By aniruddhneptune
Words 946
Pages 4

Prepared By:
Aniruddh Mukerji

“The purpose of this Investment Policy Statement is to establish a clear understanding between the investor Salil Chakole and the investment advisor Aniruddh Mukerji, as to the investment objectives and policies applicable to the Investor's investment portfolio. This Statement will:

• Establish reasonable expectations, objectives, and guidelines in the investment of the Portfolio's assets.

• Set forth an investment structure detailing permitted asset classes, normal allocations and permissible ranges of exposure for the Portfolio.

• Encourage effective communication between the Investor and the Advisor.

• Create the framework for a well diversified asset mix that can be expected to generate acceptable long term returns at a level of risk suitable to the Investor.

The Statement has been developed from an evaluation of many key factors which impact the Investor's specific situation and investment objectives. This Statement is not a contract. It is intended to be a summary of an investment philosophy that provides guidance for the Investor and the Advisor.


The Portfolio will maintain an active asset allocation strategy. The Portfolio will be invested exclusively in mutual funds. As a result, assets held in the Portfolio will be highly liquid. The Board of Trustees of each mutual fund is ultimately responsible for selecting and monitoring investment managers to advise each fund. Investment managers are selected and monitored on the basis of the following criteria:

• The manager's specification of and adherence to a clearly articulated and appropriate investment philosophy and process.

• Material changes in the manager's organization and personnel.

• Comparisons of performance results to appropriate indices that take into

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