Quantitative Standards
- Did not meet the established performance standards (benchmark/peer universe) over preceding 3/5-year period
Qualitative Standards
- Compliance with stated investment guidelines, contract terms, and/or State or federal laws and rules
- Adherence to stated investment style and philosophy
- Ownership stability and alignment of interests with investors
- Retention and attraction of key investment professionals associated with the management of the investment fund
- Litigation and assessment of impact on future investment performance
- Disclosure of relevant information that may have an adverse impact on performance
An investment fund that fails to satisfy any of the above (or combination of the above) may be removed from the Savings Plus investment lineup or placed on the Watch List.
For more Watch List criteria, please review our Investment Policy Statement.
