Investment Policy Statement-IPS Academic

 What is an ‘Investment Policy Statement – IPS’ An investment policy statement (IPS) is a document drafted between a portfolio manager and a client that outlines general rules for the manager. This statement provides the general investment goals and objectives of a client and describes the strategies that the manager should employ to meet these objectives. Specific information on matters such as asset allocation, risk tolerance and liquidity requirements are included in an IPS. • Executive Summary: • Objectives or Purpose: • Financial Advisor Duties, Responsibilities, and Restrictions: • Portfolio Selection Guidelines: • Performance Monitoring: • Rebalancing of Asset Allocation Strategy: [if any] Create / write an Investment Policy Statement in preparation for an oral presentation. Assume the role of Portfolio Manager with $50 million under your management direction and a 3-year time horizon. Using your own portfolio / endowment objectives, create an Investment Policy Statement that includes the elements presented above.