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Checklist for Evaluating an Investment Policy Statement
PNCLink to more items from this source
July 9, 2021

"The [investment policy statement (IPS)] is perhaps the most important governance and oversight document regarding an investment program and should cover all details relevant to governing, executing and monitoring the program and its portfolio(s).... Common IPS sections ... Definition of responsibilities ... Objectives and constraints ... Benchmarking the plan ... Portability."

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