Reso 2018-095 - Laserfiche WebLink

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Wq1,111a1111V11s, R CA • - • • une1 1 Assets managed by Chandler Asset Management are in full compliance with state lawand with the Client's investment policy. Category Standard Comment Treasury Issues No limitations Complies Agency Issues No limitations Complies Supranationals Issued by IBRD, IFC or IADB only; "AX rated or higher by a NRSRO; 30% maximum; 10% max per issuer Complies Municipal Securities Issued by City of San Leandro and its Agencies Complies Banker's Acceptances "A" or higher by a NRSRO; 40% maximum; 30% per issuer; 180 days max maturity Complies Commercial Paper A -1/P-1 or highest rating by a NRSRO; Issuer rating by S&P and Moody's; Issuer must be a domestic corporation having assets in excess of $500 million; 25% maximum; 10% per issuer; 270days max maturity Complies Negotiable Certificates of Deposit (including CDARS 30% maximum (including CDARS); FDIC Insured or Collateralized 110% Complies Time Deposits (TD)/ Certitcates of Deposit CD Collateralized 110% Complies Medium Term Corp Notes "A" or better by a NRSRO; 30% maximum; Issuers must be corporations organized and operating within the U.S. or depository institutions licensed by the U.S. Complies Money Market Funds Highest rating by two NRSROs or SEC registered adviser with assets greater than $500 million 20% maximum Complies Asset Backed Securities, Mortgage Backed/ Pass -Through Securities, CMOs "AX or higher by a NRSRO, "A" or higher for the issuer's long term debt by at least one NRSRO; 20% maximum; 5% per single Asset -Backed or Commercial Mortgage issuer; There is no issuer limitation on any Mortgage security where the issuer is US Treasury or a Federal Agency/Government-sponsored Enterprise (GSE). Complies Repurchase Agreements 20% maximum; 360 days max maturity; 102% collateralized; Not used by IA Complies Reverse Repurchase Agreements 20% maximum; 92 days max maturity; Not used by IA Complies LAIF Maximum program limit; Not used by IA Complies Maximum Maturity 5 years Complies The City of San Leandro is able to meet its pool's expenditure requirement for the next six months. The investment goals of the City of San Leandro are to preserve principal, to provide liquidity, and to attain a rate of return commensurate with the City's investment risk constraints and cash flow needs. Furthermore, the City is able to meet its cash obligations during the next six-month period. The performance objective for the City of San Leandro's portfolio managed by Chandler is to attain a rate of return greater than the benchmark 1-3 Year Treasury/Agency securities over a market cycle. Strategy In order to achieve these objectives, the City of San Leandro invests in US Treasury securities, federal agency securities, high quality money market instruments and high quality corporate medium term notes in accordance with the City's investment policy and California Government Code Section 53600 et seq.