Laserfiche WebLink
Asset Allocation <br /> The Administrator believes that to achieve the greatest likelihood of meeting the Trust's investment <br /> objectives and the best balance between risk and return for optimal diversification,assets will be invested <br /> in accordance with the targets for each asset class as follows to achieve an average total annual rate of <br /> return that is equal to or greater than the Trust's target rate of return over the long-term, as described in <br /> the section titled"Performance Expectations". <br /> Asset Weightings <br /> Asset Classes Range Target <br /> Growth Assets <br /> Domestic Equity 25% - 65% 45.0% <br /> International Equity 12% -40% 22.5% <br /> Other 0%-20% 7.5% <br /> Income Assets <br /> Fixed Income 10%- 30% 23.0% <br /> Other 0%-20% 0% <br /> Real Return Assets 0%- 20% 0% <br /> Cash Equivalents 0%-20% 2% <br /> The Advisor and each Manager will be evaluated against their peers on the performance of the total <br /> funds under their direct management. <br /> Rebalancing Philosophy <br /> The asset allocation range established by this Policy Statement represents a long-term perspective. As <br /> such, rapid unanticipated market shifts or changes in economic conditions may cause the asset mix to <br /> fall outside Policy Statement ranges. When allocations breach the specified ranges, the Advisor will <br /> rebalance the assets within the specified ranges. The Advisor may also rebalance based on market <br /> conditions. <br /> Risk Tolerance <br /> Subject to investment objectives and performance expectations,the Trust will be managed in a style that <br /> seeks to minimize principal fluctuations over the established Time Horizon. <br /> 6 <br />