Valuation Analysis

The activities of the valuation and appraisal function have become increasingly vital to the exercise of best practices, as regards to the fiduciary quality control function. One goal of the valuation process and administration function should be to ensure that possible inherent conflicts throughout the valuation process do not occur. It is our view that differentiated functions in the valuation process need to be clearly assigned, uninfluenced and separated to achieve an accurate accounting of the portfolio, as well as each of its individual component investments.

The purpose of the valuation process and its administration is the broad protection of data integrity and to provide a standard system of checks and balances to benefit the Plan Sponsor’s Investment Committee, Boards, and Membership.