Question: I want a project minimum 1000 word please Desirable Components of an Investment Policy Statement for Individual Investors SCOPE AND PURPOSE INVESTMENT, RETURN, AND RISK
Desirable Components of an Investment Policy Statement for Individual Investors SCOPE AND PURPOSE INVESTMENT, RETURN, AND RISK Define the context OBJECTIVES Define the investor Describe overall investment objective Define the structure State return, distribution, and risk requirements Determine the risk tolerance of the investor GOVERNANCE Describe relevant constraints Specify responsibility for determining investment policy Describe other relevant considerations Describe process for review of IPS RISK MANAGEMENT Describe responsibility for engaging/discharging external Establish performance measurement accountabilities advisers Specify appropriate metrics for risk measurement Assign responsibility for determination of asset allocation Define a process by which portfollos are rebalanced Assign responsibility for risk management
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