GFOA AB & CIBC Present | Investing For Success: Investment Policy Statements for Municipal Investors

The Investment Policy Statement (IPS) is a document that provides guidance for the investment objectives, restrains, and parameters for the creation and management of a municipality’s investment portfolio. The IPS is the blueprint for the municipal investment management process. By clearly laying out all relevant goals, guidelines, and restrictions, a well-written IPS equips the investment manager to build a portfolio that maximizes return while minimizing risk. Additionally, an important benefit of an IPS is the layer of objectivity that it adds to the investment process.

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