Town of Bradford Trustees of the Trust Funds
Meeting, Friday July 15, 2016
Present: Michael James, Tim Rodd, and Harold Wright (Trustees).
The Trustees met to discuss the research by Michael James into ways to achieve both more flexibility and articulation in the Trustees’ current Investment Policy, which was last reviewed and updated in December, 2012. Michael has reviewed a number of policies from other New Hampshire towns and from investment management firms as well.
Michael plans to compose an adaptation of his findings and circulate it to the two other Trustees. Our overall purpose is to find ways within the State’s Prudent Man and Prudent Investor Rules to increase the annual yields of selected trust funds.
Harry Wright will be in charge of filing the State’s MS-9 and MS-10 for 2015 after obtaining the records from Dawn Pettiglio.
We plan to meet again for review and consultation on Friday, July 29.