A Summary of Our Investments
Investment returns, net of fees, for the periods ending December 30, 2020 were as follows:
|CPI + 5%|
|One Year||+ 18.17%||+ 13.90%||+ 6.42%|
|Three Year||+ 10.21%||+ 8.81%||+ 6.94%|
|Five Year||+ 10.38%||+ 9.75%||+ 7.04%|
|Ten Year||+ 8.21%||+ 7.51%||+ 6.82%|
|Since Inception||+ 7.97%||+ 8.07%||+ 7.26%|
The Standard Benchmark is comprised of the following weighted indices: 65% All Country World Index and 35% Barclays Aggregate Bond Fund. The Community Foundation compares its performance to this benchmark to determine if active management of our investment portfolio produces a superior return to what a typical, passively invested endowment portfolio would produce.
The Community Foundation also compares our performance to a long-term benchmark comprised of 5% plus the rate of inflation as measured by the Consumer Price Index (CPI). Over the long-term, the Foundation seeks to earn 5% plus CPI to cover the cost of annual grants to charity while protecting the real value of the underlying endowments.
For Periods Ending December 30, 2020