Investment Committee
The Investment Committee shall be responsible for implementing and assuring adherence to the Federation’s Investment Strategy Policy and reporting to the Board annually on investment results. The responsibilities of the Committee shall include: (1) determining the Federation’s investment time horizon and establishing investment objectives, policies, and guidelines addressing tolerance for risk and illiquidity, spending policy and strategic asset allocation; (2) monitoring asset allocation per guidelines established; (3) monitoring the Investment Manager's performance quarterly to evaluate performance relative to commonly accepted performance benchmarks; (4) meeting with the Investment Manager to review and evaluate performance to assure adherence to policy guidelines and investment performance objectives; (5) and recommending the selection of one or more Investment Managers to the Board for approval.
