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OBJECTIVES <br />City of Louisville I Account #10236 I As of September 30, 2024 <br />CMCHANDLER <br />ASSET MANAGEMENT <br />Investment Objectives <br />Safety of principal is the foremost objective of the investment program. The investment portfolio shall remain sufficiently <br />liquid to meet all operating requirements that may be reasonably anticipated. The investment portfolio shall be designed <br />with the objective of attaining a market rate of return throughout budgetary and economic cycles, taking into account the <br />investment risk constraints and liquidity needs. <br />Chandler Asset Management Performance Objective <br />The performance objective for the City of Louisville is to achieve an annual total return on the portfolio that exceeds the <br />return of the ICE BofA Blended 0-3 Year Treasury Index. <br />Strategy <br />In order to achieve its objective, we will invest the City's funds in a well diversified passive portfolio comprised primarily <br />of U.S. Treasury and Agency securities. All securities will be in compliance with the City's Investment Policies and CRS 24- <br />75-601. <br />15 <br />34/87 <br />