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INDIAN RIVER COUNTY, FLORIDA <br />OPER INVESTMENT POLICY <br />TABLE OF CONTENTS <br />I. OVERVIEW AND PURPOSE............................................................................. 1 <br />II. OBJECTIVES....................................................................................................... 1 <br />III. DELEGATION OF AUTHORITY AND OVERSIGHT PROCEDURES.......... 1 <br />IV. PRUDENCE......................................................................................................... 2 <br />V. INVESTMENT DECISIONS............................................................................... 3 <br />VI. AUTHORIZED INVESTMENTS........................................................................ 3 <br />VII. MATURITY AND LIQUIDITY.......................................................................... 4-3 <br />VIII. PERFORMANCE MEASURES.......................................................................... 4-3 <br />IXV41-I. PORTFOLIO COMPOSITION, RISK AND DIVERSIFICATION .................... 4 <br />IX. AUTHORIZED INVESTMENT INSTITUTIONS AND DEALERS ................. 5 <br />XI. SAFEKEEPING AND CUSTODY...................................................................... 5 <br />XII. BID REQUIREMENTS........................................................................................ 6 <br />XIII. INTERNAL CONTROLS.................................................................................... 6 <br />XIV14. REPORTING........................................................................................................ 76 <br />XIV. CONTINUING EDUCATION............................................................................. 7 <br />101 <br />