[Verse 1] Picture a map before you venture unknown terrain Investment Policy Statement charts where your money will reign Like a constitution for your portfolio's fate Sets the rules and boundaries before it's too late Every investor needs this blueprint in hand From pension funds to families across the land [Chorus] I-P-S, your financial compass true Investment Policy Statement guides what you pursue Objectives clear, constraints defined Risk tolerance and timeline aligned I-P-S, don't invest without Your written plan removes all doubt [Verse 2] Foundation document, cornerstone of wealth creation Bridges the gap between dreams and allocation Prevents emotional decisions when markets swing wild Keeps you disciplined whether bear or bull styled Management teams and advisors reference this guide Ensures consistency when choppy waters collide [Chorus] I-P-S, your financial compass true Investment Policy Statement guides what you pursue Objectives clear, constraints defined Risk tolerance and timeline aligned I-P-S, don't invest without Your written plan removes all doubt [Bridge] Return requirements spelled out in black and white Liquidity needs for cash flow appetite Time horizon mapped from short-term to decades Tax considerations, legal constraints cascade Regular reviews keep the document fresh As circumstances change, update the mesh [Verse 3] Governance structure, who decides what and when Performance benchmarks, measuring where you've been Asset allocation framework sets the stage For strategic decisions throughout every age Documentation protects from costly mistakes Written wisdom prevents what impulse overtakes [Chorus] I-P-S, your financial compass true Investment Policy Statement guides what you pursue Objectives clear, constraints defined Risk tolerance and timeline aligned I-P-S, don't invest without Your written plan removes all doubt [Outro] Before you place that first trade or buy that first share Write your Investment Policy Statement with care Foundation solid, success will follow through I-P-S guides everything you do
← The Investment Policy Statement (IPS) | Return Objectives in Your IPS →