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                            "text": "Credit"
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                    "text": "TARGET\n61%",
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            "text": "In addition to these principal benchmarks, performance may from time-to-time be compared to a peer group of similar institutions."
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            "text": "The asset class performance will be measured against:"
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                    "text": "The asset class' index.",
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                    "text": "A peer group universe of similar asset classes.",
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            "text": "It is expected that, at each level, the Endowment and the asset class should exceed the index return and should be above median against the appropriate peer group universes over full market cycles. It is expected that risk (and risk-adjusted returns) will be in line with the risk associated with the specific market benchmarks over full market cycles."
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            "text": "RELATED PROCEDURES:",
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            "text": "See Gift Acceptance and Donor Recognition Policy."
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            "text": "The University shall follow all applicable state procurement procedures and regulations in the selection of the firm."
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            "text": "DEFINITION:",
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            "text": "University: Kentucky State University"
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            "text": "9",
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            "text": "ALL POLICIES ARE SUBJECT TO AMENDMENT",
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