Investment Policy Statement (Hattie M. Strong Foundation)
The purpose of this Investment Policy Statement is to:
- Document and formalize Hattie M. Strong Foundation investment philosophy, portfolio goals, expectations, objectives and guidelines;
- Set forth specific process and asset allocation targets for managing the portfolio to achieve the Foundation’s goals;
- Establish rebalancing guidelines to manage portfolio risk;
- Facilitate effective communication between investment professionals and the Foundation’s governing board;
- Comply with all applicable fiduciary, prudence and due diligence requirements and local, state, federal and international laws, rules and regulations.