Building Our Portfolio 

A Reference Portfolio was determined as the expression of the Board’s risk objectives to guide the formulation of the Strategic Asset Allocation. These risk objectives are aligned with our investment mandate per the Ordinance which is to preserve capital in the short term. 

As such, the Board has approved the Strategic Asset Allocation which is commensurate with the risk and return characteristics of the Reference Portfolio.  

Investment Managers 

The Board will engage external investment managers to execute investment strategies on their behalf, ensuring the Fund achieves its investment mandate. These investment managers must pass a rigorous screening process prior to selection and will be reviewed periodically for their performance. 

Ultimately, the Board retains responsibility for all key strategic decisions of the Fund.