This section describes the client. Statement of Purpose: This section states the purpose of the IPS. Statement of Duties and Responsibilities: This section details the duties and responsibilities of the client , the custodian of the client's assets , and the investment managers. Procedures: This section explains the steps to take to keep the IPS current and the procedures to follow to respond to various contingencies. Investment Objectives: This section explains the client's objectives in investing. Investment Constraints: This section presents the factors that constrain the client in seeking to achieve the investment objectives. Investment Guidelines: This section provides information about how policy should be executed (e.g. on the permissible use of leverage and derivatives) and on specific types of assets excluded from investment results. Evaluation and Review: This section provides guidance on obtaining feedback on investment results. Appendices: Strategic Asset Allocation, Rebalancing Policy. Many investors specify a strategic asset allocation, also known as the policy portfolio, which is the baseline allocation of the portfolio assets to asset classes in view of the investor's investment objectives and the investor's policy with respect to rebalancing assets class weights.

Also include an appendix for Strategic asset allocation and an appendix for your rebalancing policy.

Create a five page or less personal investment policy statement. Include sections for each of the sections.

Answer rating: 100% (QA)

Personal Investment Policy Statement IPS 1 Statement of Purpose This Investment Policy Statement IPS outlines the investment strategy for Your Name It serves as a guide for making informed investment ... View the full answer