The primary functions of the Financial Committee are to provide advice in relation to the long-term investment of the funds, such as defining strategic asset allocation, reviewing the inclusion of new investments, determining adequate benchmarks for the funds, defining allowable limits for active risk, and placing limitations on the types of possible investments; to make specific recommendations to the Finance Minister in relation to: investments, custody, structure and content of reports, bid processes and selection of external managers; and to assist in all areas related to the investment of the funds as requested by the Finance Minister.