South Carolina State Treasurer’s investment portfolios investment policy statement

Abstract

This IPS defines the investment objectives of the STO Government Investment Portfolios and establishes policies and procedures so that investment objectives can be met in a prudent manner. This IPS is intended to: Articulate the objectives of the STO Government Investment Portfolios and set forth in writing the expectations, objectives, and guidelines for the investment of the STO Investment Portfolios’ assets; Formulate policies and guidelines regarding permitted investments, benchmarks, and asset allocation strategies; Identify roles of specific entities having fiduciary responsibility to the STO; Establish guidelines, consistent with Performance Standards defined herein, for monitoring investment risk and evaluating investment performance.