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    • 2.3.2 Diversification

    adopted: Nov-2011
    last revised: Sept-2017

    It is the policy of the College to diversify its investment portfolio. Investments shall be diversified to reduce to a minimum the risk of loss resulting in overconcentration in a specific maturity, issuer, class of securities, and third-party intermediary. Not more than 75% of the funds available for investment may be placed in a single allowable investment instrument or with a single investment entity (Bank, Illinois Funds, and Intermediary.)


    Related Procedures
    Please Note: Any procedures listed below are internal to the college; they may contain position titles or other terminology which is designed to be meaningful for Richland employees and students. Procedures are not approved by the Board of Trustees