Diversification and Asset Allocation Sample Clauses

Diversification and Asset Allocation. Investments shall be diversified with the intent to minimize the risk of large losses. Consequently, the combined investment portfolios will be constructed and maintained to provide prudent diversification with regard to the concentration of holdings. No single asset class, investment style, or strategy can consistently outperform. Therefore, assets will be diversified appropriately using Modern Portfolio Theory concepts, as required by UPMIFA. The asset allocation decision significantly affects the long-term rate of return and volatility of the invested assets. The asset allocation should reflect a proper balance of the needs for liquidity, diversification and risk aversion. The target asset mix, consistent with the achievement of the long-term objectives implies a balanced investment approach of a total 60% equities and 40% Fixed Income allocation of the entire portfolio (or 70% Equities and 30% Fixed Income depending on the needs and environment of the funds). The asset classes and ranges are listed in Exhibit A. In individual stock, not more than 5% of the total stock holdings of all portfolios valued at market may be invested in the common stock of any one corporation. Execution of Security Trades: The Investment Fund Committee expects the purchase and sale of securities to be made through responsible brokers in a manner designed to receive the best combination of realized prices and commission rates. Socially Responsible Investing: The Corporate Social Responsibility Committee, a subcommittee of the National Concerns Committee of the Executive Council of the Episcopal Church of the United States of America, establishes the directives for socially responsible investments. These directives are largely guided by recommendations from the Interfaith Center on Corporate Responsibility (ICCR) with respect to shareholder activism and other socially responsible investment issues. There are portfolio restrictions that have been put into place, all based on policies passed by the Executive Council. A list of companies subject to portfolio restrictions based on Episcopal Church guidelines will be provided in Exhibit A1. Where mutual funds are used as an investment vehicle, screening will occur at the time of purchase based on the most recent prospectus. The current list as provided by The Episcopal Church, for informational purposes only, is attached as Exhibit B.
Sample 1
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Diversification and Asset Allocation. Investments shall be diversified with the intent to minimize the risk of large losses. Consequently, the combined investment portfolios will be constructed and maintained to provide prudent diversification with regard to the concentration of holdings. No single asset class, investment style, or strategy can consistently outperform. Therefore, assets will be diversified appropriately using Modern Portfolio Theory concepts, as required by UPMIFA. The asset allocation decision significantly affects the long-term rate of return and volatility of the invested assets. The asset allocation of Funds A & D should reflect a proper balance of the needs for liquidity, diversification and risk aversion. The target asset mix, consistent with the achievement of the long-term objectives implies a balanced investment approach of a total 60% equities and 40% Fixed Income allocation of the entire portfolio ( or 70% Equities and 30% Fixed Income depending on the needs and environment of the funds.) The asset classes and ranges are listed in Exhibit A.
Sample 1

Related to Diversification and Asset Allocation

  • Allocation and Reallocation Allocation and reallocation are the assignment or reassignment, respectively, of a classification to the appropriate grade in the compensation plan.

  • COSTS DISTRIBUTED THROUGH COUNTYWIDE COST ALLOCATIONS The indirect overhead and support service costs listed in the Summary Schedule (attached) are formally approved as actual costs for fiscal year 2020-21, and as estimated costs for fiscal year 2022-23 on a “fixed with carry-forward” basis. These costs may be included as part of the county departments’ costs indicated effective July 1, 2022, for further allocation to federal grants and contracts performed by the respective county departments.

  • Negative Capital Accounts No Member shall be required to pay to any other Member or the Company any deficit or negative balance which may exist from time to time in such Member’s Capital Account (including upon and after dissolution of the Company).

  • Allocation of Profits and Losses Distributions Profits/Losses. For financial accounting and tax purposes, the Company's net profits or net losses shall be determined on an annual basis and shall be allocated to the Members in proportion to each Member's relative capital interest in the Company as set forth in Schedule 2 as amended from time to time in accordance with U.S. Department of the Treasury Regulation 1.704-1.

  • Member's Capital Accounts A Capital Account for the Member shall be maintained by the Company. The Member's Capital Account shall reflect the Member’s capital contributions and increases for any net income or gain of the Company. The Member’s Capital Account shall also reflect decreases for distributions made to the Member and the Member’s share of any losses and deductions of the Company.

  • Capital Accounts The Company will maintain a Capital Account for each Member on a cumulative basis in accordance with federal income tax accounting principles.

  • Tax Allocations Each item of income, gain, loss or deduction recognized by the Company shall be allocated among the Members for U.S. federal, state and local income tax purposes in the same manner that each such item is allocated to the Member’s Capital Accounts pursuant to Section 3.2(d) or as otherwise provided herein, provided that the Board may adjust such allocations as long as such adjusted allocations have substantial economic effect or are in accordance with the interests of the Members in the Company, in each case within the meaning of the Code and the Treasury Regulations. Tax credits and tax credit recapture shall be allocated in accordance with the Members’ interests in the Company as provided in Treasury Regulations section 1.704-1(b)(4)(ii). Items of Company taxable income, gain, loss and deduction with respect to any property (other than cash) contributed to the capital of the Company or revalued shall, solely for tax purposes, be allocated among the Members, as determined by the Board in accordance with Section 704(c) of the Code, so as to take account of any variation between the adjusted basis of such property to the Company for U.S. federal income tax purposes and its fair market value at the time of contribution or revaluation, as the case may be. All of the Members agree that the Board is authorized to select the method or convention, or to treat an item as an extraordinary item, in relation to any variation of any Member’s interest in the Company described in section 1.706-4 of the Treasury Regulations in determining the Members’ distributive shares of Company items. All matters concerning allocations for U.S. federal, state and local and non-U.S. income tax purposes, including accounting procedures, not expressly provided for by the terms of this Agreement shall be determined by the Board in its sole discretion. Each Class B Ordinary Share is intended to be treated as a profits interest for U.S. federal income tax purposes, and all of the Members agree to report consistently with, and to take any action requested by the Board to ensure, such treatment.

  • Allocations of Profits and Losses Except as otherwise provided in this Agreement, Profits and Losses (and, to the extent necessary, individual items of income, gain or loss or deduction of the Partnership) shall be allocated in a manner such that the Capital Account of each Partner after giving effect to the Special Allocations set forth in Section 5.05 is, as nearly as possible, equal (proportionately) to (i) the distributions that would be made pursuant to Article IV if the Partnership were dissolved, its affairs wound up and its assets sold for cash equal to their Carrying Value, all Partnership liabilities were satisfied (limited with respect to each non-recourse liability to the Carrying Value of the assets securing such liability) and the net assets of the Partnership were distributed to the Partners pursuant to this Agreement, minus (ii) such Partner’s share of Partnership Minimum Gain and Partner Nonrecourse Debt Minimum Gain, computed immediately prior to the hypothetical sale of assets. For purposes of this Article V, each Unvested Unit shall be treated as a Vested Unit. Notwithstanding the foregoing, the General Partner shall make such adjustments to Capital Accounts as it determines in its sole discretion to be appropriate to ensure allocations are made in accordance with a partner’s interest in the Partnership.

  • Risk Allocation The Product is Regulatorily Continuing.

  • Cost Allocation Cost allocation of Generator Interconnection Related Upgrades shall be in accordance with Schedule 11 of Section II of the Tariff.

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