The Statement of Investment Policy and Objectives (SIPO) prepared by the Trustees of Foundation North sets out the objectives, policies and beliefs governing decisions about investments in relation to the Foundation’s assets.
It is good investment practice to have such a document and it is a specific requirement of our Trust Deed.
This SIPO takes account of the requirements of:
- the Foundation Deed constituting the Foundation;
- the Trusts Act 2019; and
- the Community Trusts Act 1999.