§ 3.12.120. Guideline for Portfolio Holdings.  


Latest version.
  • A.

    Direct Investments by Advisor. Every effort shall be made, to the extent practical, prudent and appropriate, to select investments that have investment objectives and policies that are consistent with this Policy Statement (as outlined in following sub-sections of the "Guidelines for Portfolio Holdings"). However, given the nature of investments, it is recognized that there may be deviations between this Policy Statement and the objectives of these investments.

( Res. No. 2015-8-4, § 1(Policy No. 8.6), 8-25-2015 ; Res. No. 2018-9-2 , § 1, 9-25-2018)