Issue link: https://read.uberflip.com/i/1490964
For existing institutional investor client use only. Not for public distribution. The information contained herein is confidential and proprietary to SEI and is not to be reproduced or made available in any form to any persons without the express prior written consent of SEI. 26 ©2022 SEI XYZ Client Investment policy statement (IPS) compliance Requirement Compliant? Comment IPS Review 1. The Committee will review the IPS annually and adopt modifications as necessary. 2. The Committee will review the validity of the stated objectives annually. 1. Yes 2. Yes 1. Completed August 27, 20XX (no changes required); next review: today. 2. Completed August 27, 20XX (no changes required); next review: today. Asset Allocation 1. Investment allocation within permitted Ranges (Growth Strategies 50-70%; Risk Reduction Strategies 20-35%; Inflation Hedge Strategies 0-15%). 2. Investment Manager to review portfolio to determine any needed rebalancing on a quarterly basis. 3. Asset allocation reviewed annually to ensure aligned with investment objectives. 1. Yes 2. Yes 3. Yes 1. Actual allocation at 9/30/XX: Growth 63.5%, Risk Reduction 31.7% and Inflation Hedge 4.8%. 2. No rebalancing at 9/15/XX. 3. Asset allocation and objectives reviewed 1/28/XX. Evaluation of Investment Manager and Performance 1. Portfolio benchmarked against Policy Benchmark. 2. Portfolio risk no greater than that of the market. 3. Metrics-Based Objectives acknowledged. 4. Investment Manager to meet with the Committee on a quarterly basis or at the Committee's request. 1. Yes 2. Yes 3. Yes 4. Yes 1. Results detailed in the investment manager's monthly performance report. 2. Results detailed in the investment manager's monthly performance report. 3. Reviewed on 8/26/XX. 4. Last meeting was on 8/26/XX.