Endowment Investment Policies
Statement of Investment Policy and Investment Objectives
This statement of investment policies and objectives is hereby set forth in order that:
- The Board of Trustees and the Subcommittee on Investments shall have clearly defined investment policies and objectives as set forth herein.
- Assets of the Rhodes College Endowment shall be invested most productively and should experience long-term growth. The primary investment objective of the College is to maximize the financial return over the long term within an acceptable level of risk.
- The Sub-Committee on Investments shall engage an Investment Advisory Firm (outsourced Chief Investment Officer) to manage College Endowment Assets and shall monitor its performance.
- There will be a basis for evaluation of the investment performance of the Investment Advisory Firm over a full market cycle.
In effect February 14, 2008.
Vice President for Finance and Business Affairs.