Investment Policy Statement
Investment Policy Statement
For JOHN SMITH
REVIEW:
An Investment Policy Statement (IPS) serves as a blueprint for your investment strategy and lays the foundation for setting up your portfolio management process. We will follow the portfolio management process that will consist of: * Stating policy objectives and constraints, based on the client’s needs and expectations. * Individual five constraints: * Time * Tax * Liquidity * Regulatory * Unique * Creating an investment strategy based on those objectives and constraints. * This will involve determining a suitable allocation of assets between securities including: Cash, Stocks, and Bonds. * Also, we will be diversifying stocks across ten economic sectors including: * Basic Materials * Capital Goods/Industries * Consumer Cyclicals * Consumer Non-Cyclicals * Energy * Financials * Healthcare * Services * Technology * Utilities * Lastly, creating a basis to monitor progression as relating to client’s goals and serve as a report card.
OBJECTIVES:
The client’s investment policy is less of a passive strategy and therefore has a higher level of risk tolerance. The client’s needs allow him to use a longer time horizon, meaning he does not need to use him funds right now. His main objective is to invest in multiple sectors and spreading out his investments. He is not concerned about maintaining a stable market and the liquidity of his assets, and more on outpacing inflation and his capital appreciation. Based on the Client’s results from the Investment Guideline Survey, we have concluded the best allocation of cash, stocks, and bonds would be a balanced Growth and Income.
Asset Allocation: Balanced: Growth and Income: Asset Class | Long-Term Strategic Asset Allocation | Tactical Asset
For JOHN SMITH
REVIEW:
An Investment Policy Statement (IPS) serves as a blueprint for your investment strategy and lays the foundation for setting up your portfolio management process. We will follow the portfolio management process that will consist of: * Stating policy objectives and constraints, based on the client’s needs and expectations. * Individual five constraints: * Time * Tax * Liquidity * Regulatory * Unique * Creating an investment strategy based on those objectives and constraints. * This will involve determining a suitable allocation of assets between securities including: Cash, Stocks, and Bonds. * Also, we will be diversifying stocks across ten economic sectors including: * Basic Materials * Capital Goods/Industries * Consumer Cyclicals * Consumer Non-Cyclicals * Energy * Financials * Healthcare * Services * Technology * Utilities * Lastly, creating a basis to monitor progression as relating to client’s goals and serve as a report card.
OBJECTIVES:
The client’s investment policy is less of a passive strategy and therefore has a higher level of risk tolerance. The client’s needs allow him to use a longer time horizon, meaning he does not need to use him funds right now. His main objective is to invest in multiple sectors and spreading out his investments. He is not concerned about maintaining a stable market and the liquidity of his assets, and more on outpacing inflation and his capital appreciation. Based on the Client’s results from the Investment Guideline Survey, we have concluded the best allocation of cash, stocks, and bonds would be a balanced Growth and Income.
Asset Allocation: Balanced: Growth and Income: Asset Class | Long-Term Strategic Asset Allocation | Tactical Asset