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OHA trustees approve investment policy updates and adopt hybrid spending methodology for trust fund
Summary
Trustees took a first reading and approved amendments to the Native Hawaiian Trust Fund investment and spending policies, clarifying direct‑investment allocation ranges and adopting a hybrid spending method that distinguishes financial assets from income from Hawaiian investment lands.
The Office of Hawaiian Affairs Board of Trustees considered two related items Feb. 19: a first reading to update the Native Hawaiian Trust Fund investment policy (including the allocation range for Hawaii investment lands) and proposed amendments to implement a hybrid spending methodology in the trust fund spending policy.
On the invest…
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