Re: Investment Policy

[Michelle Snyder <102x@rewrite.aisboard.org>]

Hi Dwayne,

Nothing was attached to your email.

Michelle

On 3/25/2019 7:54 AM, Dwayne Booth wrote:
> Good morning,
>
> Attached is an updated AIS Investment Policy Draft; which I have labeled #4 to
> distinguish it from previously released versions.  This version features
> tighter allocation ranges for the five investment types along with sample
> percentages to get us started.  Also, there is a Review section that states
> our plan when the stock market doesnt perform as we would like it.
>
> Stock market investing always a risk tolerance.  If the Board collectively
> feels uncomfortable in taking risks, Certificates of Deposit are always an
> appropriate alternative.  Interest rates have climbed and it is reasonable to
> expect now a 3% return on FDIC insured funds; up to $250,000 per investment.
> The Society has an existing business relationship with the Edward Jones
> Company and placing additional funds in CDs is easy.
>
> Please let me know if you have questions.
>
> Thank you,
>
> Dwayne Booth
> AIS Treasurer
>
> Sent from Mail<https://go.microsoft.com/fwlink/?LinkId=550986> for Windows 10
>
> [demime 1.01d removed an attachment of type application/msword which had a name of AISInvPolicy Draft Number 4 32319.doc]
>
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