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Investment Portfolios The Community Foundation has established a variety of investment portfolios, each with different investment guidelines. The following is a brief description of each of these portfolios. Click below to skip to the Portfolio of your choice or scroll down to read each in turn
This investment pool has been developed by the Foundation’s Investment Committee as the primary investment vehicle for funds invested for the long term. Its purpose is the generation of maximum long-term total returns within levels of risk determined to be prudent by the Foundation Trustees. The objective of the Global Growth portfolio can best be described in one word, diversification. The Investment Committee believes that a multi-asset class portfolio consisting of many different types of investments from around the world, best fulfills that objective. Low cost vehicles were sought after to meet each asset class objective. Asset Mix: 45% U.S. Equities, 20% Non-U.S. Equities, 20% Bonds and Cash, 15% Alternative Investments, which include fund of fund investment partnerships consisting of private equity, venture
capital, private real estate, hedge funds, and natural resource investments This portfolio is available only for those donor advised and other funds where the bulk of the principal will be expended in a relatively short time. The main objective of this portfolio is the preservation of capital and the generation of current income. The Short Term portfolio’s investment objectives are not consistent with the Foundation’s spending policy or with the growth of principal and thus represent a poor long-term investment. Asset Mix: 100% Short Term Debt Instruments This is a balanced investment portfolio which seeks to provide a relatively stable value with the potential for principal growth. An emphasis has been placed on achieving market rates of returns, with broad diversification and low management cost. The higher debt and cash component dampen the volatility of the portfolio, but may limit appreciation potential and thus is not consistent with the Foundation’s spending policy. Asset Mix: 50% U. S. Equities, 25% Bonds, 25% Short Term Debt Instruments Socially Responsible Portfolio This pool has been developed as a long-term portfolio for those donors who strongly believe that investments can make a positive difference on social and environmental issues. To this end, the Committee has employed Trillium Asset Management an active portfolio manager that specializes in structuring portfolios based on an intensive screening process. As in any investment endeavor that limits the scope of investments, this portfolio may tend to be more volatile than one that is able to diversify across the entire universe of investment opportunities. Asset Mix: 50% U. S. Equities, 20% Non-U. S. Equities, 30% Bonds and Cash
This portfolio is a collection of funds that were received by the CFWM over several years from a number of donors who recommended Bank of America or its predecessors as the investment manager. The primary objective of this pool is the generation of long-term total returns and is available to those donors upon request. Asset Mix: 50% U. S. Equities, 20% Non-U. S. Equities, 30% Bonds and Cash Underlying Investment Vehicle(s): Various mutual funds owned or recommended by Bank of America |
