SLY: Difference between revisions
From ACT Wiki
Jump to navigationJump to search
imported>Doug Williamson (Layout.) |
(Add quote.) |
||
| (3 intermediate revisions by one other user not shown) | |||
| Line 15: | Line 15: | ||
Yield is the least important of the three considerations. | Yield is the least important of the three considerations. | ||
"When it comes to investing surplus funds safely, there is one principle I hold very dear: The SLY principle (Security first, Liquidity second and the last consideration should be Return). | |||
This certainly helps in board room discussions." | |||
''(Raj Gandhi FCT, former CFO and Group Treasurer.)'' | |||
== See also == | == See also == | ||
*[[Cash]] | |||
*[[Investment]] | |||
*[[Liquidity]] | |||
*[[Security]] | *[[Security]] | ||
*[[ | *[[Short term]] | ||
*[[Yield]] | *[[Yield]] | ||
==Other resources== | |||
*[[Media:Risk and return.pdf| The Icelandic banking saga and English local authorities, UK Audit Commission, 2009]] | *[[Media:Risk and return.pdf| The Icelandic banking saga and English local authorities, UK Audit Commission, 2009]] | ||
*[[Media:2015_06_June_-_Safety_first.pdf| Safety first, The Treasurer, 2015]] | *[[Media:2015_06_June_-_Safety_first.pdf| Safety first, The Treasurer, 2015]] | ||
[[Category:Identify_and_assess_risks]] | |||
[[Category:Manage_risks]] | |||
[[Category:Risk_reporting]] | |||
[[Category:Risk_frameworks]] | |||
[[Category:The_business_context]] | |||
Latest revision as of 20:29, 13 April 2024
The key short-term investment principles and prioritisation of:
Security
Liquidity and
Yield
This ordering of the principles and considerations is fundamentally important.
The safety and security of the funds invested are always the first priority.
Yield is the least important of the three considerations.
"When it comes to investing surplus funds safely, there is one principle I hold very dear: The SLY principle (Security first, Liquidity second and the last consideration should be Return).
This certainly helps in board room discussions."
(Raj Gandhi FCT, former CFO and Group Treasurer.)
See also
