Investment Committee

Conduct an annual audit of the Academy's financial operations and submit any recommendations concerning the financial operations to the Board of Directors.

Staff Liaison:

Estimated time commitment:

1. Four 1.5 hour Investment Committee teleconference calls per year with the Investment Consultants
2. Occasionally a one day Committee meeting per year for purposes such as the selection of the Investment Consulting firm or to meet with the Investment Consultant to discuss Investment Manager performance or to select a new Investment Manager(s)

Responsibilities:

1. The Investment Committee is responsible for the establishment and maintenance of the AAN's formal written investment policy.
2. The Committee will select and oversee the performance of an outside Investment Consulting firm.
3. The Committee will analyze and diversify portfolio assets with regards to specific risk, rate of return, and asset allocation strategies, and with the assistance of the Investment Consulting firm, the Committee will select Investment Managers to manage the portfolio.
4. The Committee will evaluate and monitor the investment portfolio's performance on a regular basis.