If the restructuring process exceeds 5 business days, the Assistant Trust Officer should be informed on the 5th business day after the guideline violation occurs. The market value of equities plus cash reserves. The market value of fixed income investments plus cash reserves . Cash positions for the remainder of the portfolio should not be employed for tactical asset allocation purposes, but only for facilitating transactions from one active position to another. The specific branch of manufacture or trade measured using Indata equity industry groupings.
Modified duration is adjusted to incorporate the embedded options.
The investment selections of each manager.