Endowment Investment Management and Performance
The University Foundation’s return on its managed pool endowment fund through the fiscal year ending June 30, 2008 was -2.4 percent. Over the same period, the commonly used benchmark of the S&P Index had a total return of -13 percent.
Investment Performance
Endowment Allocation & Investment Performance
| FY 07–08 | Allocation | 1 Year | 3 Years Annualized |
|---|---|---|---|
| Endowment's Equities | 70% | -10.4 | +7.3 |
| Endowment's Bonds | 30% | +11.1 | +6.8 |
| Total | 100% | -2.4% | +7.9% |
Assisted by the professional counsel of Arnerich-Massena & Associates (Portland, Ore.), the Finance and Investment Committee exercises a diligent approach to a long-term investment strategy, reporting to the Board of Governors at each meeting. Common benchmark indices are tracked to provide a relative comparison of performance and risk. Additionally, each year the Foundation reviews the performance and investment strategies of similar institutions. This process has helped the Foundation maintain prudent management and attractive returns.
