Subject: INVESTMENT POLICY
The investment policy of
Any and all revisions to the
STANDARDS OF CONDUCT
With respect to all activities and responsibilities set forth herein, the Board of Trustees and all designated financial managers shall exercise the same reasonable judgment, care, discretion and intelligence in managing and investing Amberton University funds as expected of one prudently managing his/her own financial affairs.
The overall objective of
As a matter of policy and in accordance with prudent investing, investment activities in the following are prohibited:
Short sales, margin purchases or borrowing
Puts, calls, or options
Securities of entities not under the
jurisdiction of Courts in the
Stock loans, letter stock, or private placement
MONITORING AND REPORTING
The financial administration of
The University CEO will annually provide the Board of Trustees with a report identifying funds invested, type of investments, total dollars invested and true market value of University and University related investments. The CEO's report will be made a part of the annual written report to the Board of Trustees.