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ObLectives. Risk. & Diversification <br />The objectives of the investment program are as follows in order of priority: <br />• Safety Of Principal <br />Liquidity <br />Suitability <br />Yield <br />All investments contain an element of risk. The different types of risk include credit risk, <br />custodial risk, concentration risk and interest rate risk. The recommended policy is <br />designed to establish a very low tolerance for risk with safety of principal being paramount <br />as a guiding principle and objective. <br />Staff recommends that City Council approve the proposed Investment Policy and <br />Guidelines of the City of Pleasanton. <br />Submitted by: Approved by: <br />Ma n ah Gerry Beaudin <br />Interim Director of Finance City Manager <br />Attachments: <br />1. Resolution <br />2. Proposed Investment Policy <br />Page 4 of 4 <br />