Investment Guidelines of the Guild of Automation and Systems Technology

1 § Purpose

The primary purpose of investments is to maintain the guild’s wealth and support its operational activities. The guild’s investment assets are primarily increased through the financial year’s profit. The primary purpose of investments is not to maximize profits, but to maintain the real value of the wealth and yield a moderate, constant growth. The Guild’s investments are based on these guidelines and the board’s yearly investment plan. The guidelines define the boundary conditions of investment activity, within the scope of which the investment plan is made.

2 § Action

Investment decisions are made at the guild meeting if the outgoing board members have been granted discharge from liability for the past financial year. The investment plan is proposed primarily by the guild’s board based on the treasurer’s proposal. The investment plan must specify the structure of the guild’s portfolio, the quantity of the funds and the reasoning for the decisions. The board may consult an investment officer for advice when preparing the proposal. The investment officer does not hold financial responsibility within the guild. If there is no investment officer in the guild, the treasurer may assume all responsibilities assigned to the investment officer in this document. Investment assets are accumulated by investing 20–90% of the previous financial year’s profit. The guild may use the annual dividend for its projects and initiatives. The liquidation of investments requires approval from the guild meeting, except for sales carried out as part of portfolio rebalancing. However, the guild meeting may, for a special reason, decide not to follow these guidelines, for example, if making investments is deemed inappropriate. In such cases, the guild meeting may decide not to invest the profit or to reduce the amount to be invested. In the event that the investment plan is not accepted, the plan of the previous accounting period will be followed until a new plan has been accepted. The accepted and operative investment plan must be visible on the guild’s website.

3 § Amendment

Matters not specified in these guidelines are decided by the guild’s board. Changing the investment plan will require a half (1/2) majority vote in the guild meeting. These guidelines can be amended by a two-thirds (2/3) majority vote in the guild meeting.

This Investment Guidelines document was approved in a meeting of the Guild of Automation and Systems Technology on May 21st 2025, and came into effect immediately.