| Resolution GBR-1999-11-1 |
| Title USTCAF Fund Investment Guidelines |
| Content Purpose This document specifies the guideline for how USTCAF fund should be invested. Detail * The basic principle is to have a 50/50 split of stock market, and short term cash. * At 15 days past the start of each quarter, no more than 60%, and no less than 40%, of the total AF fund should be invested in a stock market index fund, preference is given to ones ones tracking S&P500. * At 15 days past the start of each quarter, No more than 60%, and no less than 40%, of the total AF fund should be invested in a money market fund, or similar cash-equivalent instrument. * The AF portfolio is to be evaluated at the end of each quarter. Investment adjustment is only made during the first 15 days of each quarter. * We have chosen to consolidate all of our bank and CD account, and move everything to the brokerage account we have with Schwab. |
| Add'l info |
| Author Li, Steven |
| Sponsors Liu Dongzi, Li Xiaojun |
| Last Change 2002-03-21 |