MenuInvestment Performance
A Summary of Our Investments
Investment returns, net of fees, for the periods ending March 31, 2019 were as follows:
| CFSJC Return | Policy Benchmark | CPI + 5% | |
|---|---|---|---|
| One Year | + 2.26% | + 3.37% | + 6.95% |
| Three Year | + 7.57% | + 8.13% | + 7.30% |
| Five Year | + 5.13% | + 5.47% | + 6.54% |
| Ten Year | + 9.50% | + 9.69% | + 6.88% |
| Since Inception | + 7.41% | + 7.64% | + 7.32% |
The Policy Benchmark is comprised of the following weighted indices: 70% All Country World Index and 30% 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 March 31, 2019
