DW Institutional develops a customized investment program to meet each client’s needs. The Investment Policy Statement represents the “game plan” for the investment program, delineating financial goals and objectives within the context of acceptable risk and organization-specific requirements of invested assets. By combining an understanding of the relationship between risk and return and the ability to translate risk tolerances into meaningful investment guidelines with extensive research, analytical capabilities, and experience,
U.S. Institutional creates an investment policy designed to enhance investment performance and achieve investment manager accountability. While the investment program should be "strategic" or long term in nature, the Investment Policy must be dynamic enough to take advantage of and respond to economic, capital market, and program-related changes. As a result, U.S. Institutional reviews each client’s Investment Policy on a quarterly basis.

A well-constructed investment policy should:
• Establish meaningful risk & return objectives for the fund
• Clearly state decision-making responsibilities
• Improve investment performance by specifying asset   allocation and portfolio rebalancing targets and ranges
• Achieve investment manager accountability with clearly defined   performance objectives and investment guidelines
• Protect the fund sponsor from inappropriate investments
• Satisfy applicable fiduciary requirements