Proposed Investment Policy Change

posted Nov 12, 2014, 9:29 AM by Web Master

Our trustees have recommended several changes to the lodge investment policy.  These changes were presented by Worshipful Brother  Trustee Mike Card in this November stated meeting, and will be voted on by the brothers in the December meeting.  Briefly, they are: 1) allow the trustees to delay the sale of an investment that drops below investment grade if advantageous to the lodge to do so; 2) allow up to 10% of lodge investments in SEC registered “alternative investments” to enhance earnings, and; 3) affirm that all changes to this policy are voted on at a stated meeting.  A copy of the full investment policy, with proposed changes in red, is attached to this announcement as a .pdf file. 

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Web Master,
Nov 12, 2014, 9:29 AM
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