Asset Allocation Strategy
The asset allocation strategy for the Community Foundation of Central Illinois is as follows:
Asset allocation targets are as follows:
|
Target Allocation |
% |
|---|---|
|
Domestic Large Cap Equities |
30.0% |
|
Domestic Small/Mid Cap Equities |
15.0% |
|
International Equities |
15.0% |
|
Total |
60.0% |
|
Target Allocation |
% |
|---|---|
|
Fixed Income |
38.0% |
|
International Equities |
2.0% |
|
Total |
40.0% |
Investment Strategy for Endowed Funds
The investment strategy of the Community Foundation of Central Illinois Endowment is to emphasize total return; that is, the aggregate return from capital appreciation and dividend and interest income.
The primary objective for the investment management of endowed assets shall be to emphasize long-term growth of principal while avoiding risk. Short-term volatility will be tolerated to the extent that it is consistent with the volatility of a comparable market index.
Investment Results
The chart below illustrates the Community Foundation of Central Illinois’ quarterly investment performance.
Time Weighted Returns |
1st Qtr |
2nd Qtr |
3rd Qtr |
4th Qtr |
YTD |
1 Yr |
3 Yrs |
5 Yrs |
|---|---|---|---|---|---|---|---|---|
|
Portfolio Return (annualized, Net of Fees) |
-0.96 |
6.83 |
5.37 |
1.99 |
13.70 |
13.70 |
13.52 |
7.13 |
|
CFCI Policy Benchmark (annualized) |
-0.61 |
6.79 |
5.80 |
2.30 |
14.87 |
14.87 |
13.43 |
6.56 |
The CFCI Policy Benchmark consists of 30% S&P 500, 15% Russell 2000 Small Cap Index, 15% MSCI EAFE Index, and 40% Barclays Aggregate Bond Index, rebalanced and compounded monthly.