Laserfiche WebLink
6 <br />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 <br /> Other <br />10% - 30% <br />0% - 20% <br />23.0% <br />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 />Page 141 of 658