Specifications include, but are not limited to: A. Investment management services for a standalone convertible bond strategy, will include, but will not be limited to: 1. Supervision and direction of the investments of a separately managed account. As fiduciary, agent and attorney-in-fact with respect to the account, buy, sell, exchange, convert or otherwise trade in any securities and other investment instruments as permitted by the specific, negotiated investment guidelines mutually agreed to by the State and the Respondent. 2. Transacting according to the investment guidelines. Proposed investment guidelines are attached as Exhibit 1. B. Reporting 1. Provide complete transparency on daily trading activity through online and written reports. 2. Provide a full monthly reconciliation between the Respondent’s accounting and performance records and the Master Custodian’s accounting and performance records.