Common use of Investment Policy Statement Clause in Contracts

Investment Policy Statement. Redhawk will assist Plan Sponsor in developing an Investment Policy Statement (“IPS”). The purpose of the IPS is to provide guidelines for making investment-related decisions in a prudent manner. It outlines the underlying philosophies and processes for the selection, evaluation, monitoring, and, if necessary, replacement of the investment options offered by the Plan. The IPS is not a contract; specifically, it:  Defines the Plan’s investment objectives.  Describes the criteria and procedures for selecting appropriate investment options.  Establishes investment procedures, measurement standards, and investment monitoring procedures.  Describes steps to be taken if an investment manager fails to satisfy established objectives.  Describe the roles and responsibilities of the various parties that will be involved in the oversight of Plan investment activities. This IPS will be reviewed periodically, and, if necessary, will be amended to reflect changes in the capital markets, plan objectives, or other factors relevant to the Plan.

Investment Policy Statement. Redhawk will assist Plan Sponsor in developing develop an Investment Policy Statement (“IPS”). The purpose of the IPS is to provide guidelines for making investment-related decisions in a prudent manner. It outlines the underlying philosophies and processes for the selection, evaluation, monitoring, and, if necessary, replacement termination of the investment options offered by the Plan. The IPS is not a contract; specifically, it:  Defines the Plan’s investment objectives.  Describes the criteria and procedures for selecting appropriate investment options.  Establishes investment procedures, measurement standards, and investment monitoring procedures.  Describes steps to be taken if an investment manager fails to satisfy established objectives.  Describe the roles and responsibilities of the various parties that will be involved in the oversight of Plan investment activities. This IPS will be reviewed periodically, and, if necessary, will be amended to reflect changes in the capital markets, plan objectives, or other factors relevant to the Plan.