1. Investment of Funds The Firm must effectively invest WSRMP funds, provide discretionary (non-discretionary, if requested) full-time portfolio and effectively invest the portfolio pursuant to the approved investment policy and cash flow needs. 2. Written and Oral Reports The Firm must provide a written report, as required, monthly demonstrating the portfolio performance and the current information about the portfolio, as described in the investment policy. The Firm must also be available to make periodic oral reports to the Executive Board. 3. Evaluation of Investment Policy The Firm must annually assist in the review of WSRMP’s investment policy. The proposed changes to the investment policy will be presented in final draft to Executive Director prior to submission to the Executive Board.
