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An IPS Is About Policy
fi360Link to more items from this source
Sept. 7, 2015
"One way to think about this is: the [investment policy statement (IPS)] is largely about 'how' and 'why' and not about 'what.' What specific choices you are going to make about what goes into a client's portfolio and what will not be included will inevitably change. You don't want to have change the IPS every time that happens. The IPS should be broader and have longer term applicability."

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