Investment Returns
Embedded in our strategy are deliberate philosophical decisions we have made to achieve our goal of delivering the best return on investment for our donor family and our benefactors through a diversified portfolio which incorporates fixed income and equity investments. We are committed to prudent investment management strategies and fiscal policies that lead to long-term fund growth.
Our approach allows for freedom on investment decisions, better positioning us for superior performance. The Investment Committee meets regularly to review investment policies and strategies and to evaluate the performance of investments. Every dialogue is held in the context of our larger goal of creating a healthy, robust platform for the varied humanitarian efforts of our donors and funds.
Investment Tactics
While a donor fund is separately maintained at all times, the assets are typically combined for investment purposes into a single investment pool, thereby allowing for shared results from a collective group. The pool’s portfolio is well-diversified to reduce overall risk, lower investment expense, and typically result in better returns.
In addition to our professionally managed endowment pool, we also offer a socially responsible investment pool, a premium money market fund, and certificates of deposit.
A copy of our current investment portfolio is available to fund holders upon request.
Download a copy of our Investment Policy Statement.
| Investment Returns | Quarter Ended 9/30 | One Year | Three Years | Five Years | Ten Years |
|---|---|---|---|---|---|
| Endowment Portfolio Equity & Fixed Weighted Average* | -2.28% | 13.37% | 7.30% | 5.01% | 6.22% |
| Endowment Portfolio Benchmark Weighted Average** | -2.74% | 16.28% | 4.78% | 5.23% | 6.41% |
| Socially Responsible Pool | -4.26% | -5.05% | -1.96% | 1.40% | 4.40% |
| Premium Money Market Pool | 0.43% | 1.16% | .68% | 0.51% | 0.42% |
* Endowment Portfolio weighting: Equity 70%, Fixed 30%
** Benchmark weighting: Russell 3000, 45%; MSCI EAFE, 25%; Barclays Capital, 30%.
The Community Foundations’ Endowment Portfolio is targeted to be invested 70% in equity and 30% in fixed income investments. The returns are net of investment management fees. The investment targets, which are comprised of additional asset allocations not shown here, are as follows:
Sector |
Target |
| US Equity – Large Cap Funds | 30% |
| US Equity – Mid and Small Cap Funds | 15% |
| International Equity Funds | 25% |
| Fixed Income | 30% |
For more information on our asset allocation, please contact Darcy Kelly at 845-452-3077 or dkelly@communityfoundationshv.org.
The Russell 3000 Index represents approximately 98% of the U.S. Equity market. This index is constructed to provide a comprehensive, unbiased, and stable barometer of the broad market.
The MSCI EAFE Index is recognized as the pre-eminent benchmark in the United States to measure international equity performance. It comprises 21 MSCI country indices, representing the developed markets outside of North America: Europe, Australasia and the Far East.
The Barclays Capital Intermediate Government/Credit Index measures the performance of dollar-denominated United States Treasuries, government-related (the United States and foreign agencies, sovereign, supranational and local authority debt), and investment-grade credit securities that have a remaining maturity of greater than or equal to 1 year and less than 10 years, and have more than $250 million or more of outstanding face value.
