Investment Policies

Office meeting

Statement of Investment Policy

The members of the Board, employees of the Board, and agents thereof stand in a fiduciary relationship to the members of the Fund regarding the investment and disbursement of any of the monies in IMRF. In exercising this fiduciary responsibility, the Board is governed by the Prudent Man Rule.

Within this framework, the Board seeks to optimize the total return on the Fund’s portfolio through a policy of diversified investment to achieve maximum rates of return within a parameter of prudent risk as measured on the total portfolio.