A legally binding clause that specifies the types of investments in which an investment vehicle will or will not invest. It often specifies limits on specific factors such as the percentage of the portfolio that can be invested in certain types of investments, e.g. by property type, geographic region, construction or risk exposure.
Global Definitions Database
Investment Guidelines
Source: NCREIF | Date: 05 September 2025 | ID: D1227 | Version: 1