№ files_lp_4_process_1_51267
Document Type Policy Statement for investment of trust funds
Year: 2025
Region / City: Hanover
Topic: Investment Policy
Document Type: Policy Statement
Organization / Institution: Town of Hanover
Author: Trustees of Trust Funds
Target Audience: Trustees of Trust Funds, Hanover School Board
Effective Period: Perpetual
Approval Date: June 4, 2025
Revision Date: None
Investment Strategy: Total return basis
Asset Allocation: Equities 50.0%-70.0%, Fixed Income 30.0%-50.0%, Cash 0.0%-10.0%
Risk Level: Consistent with benchmark risk
Time Horizon: Perpetual
Investment Advisor: Retained for assistance in asset management
Special Funds: Bridgman Fund, Lou and Ann Bressett Memorial Endowment Fund
Review Frequency: Annually
Investment Instruments: New Hampshire Public Deposit Investment Pool (PDIP)
Price: 8 / 10 USD
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