Asset Allocation
A key influence on long-term investment results is the allocation of the endowment among available asset classes. The Foundation's current asset strategy includes 60% allocated to equities, 30% to fixed income, and 10% to alternative investments.
| Asset Type |
Target Asset Mix |
| Equities |
|
| Domestic Stocks |
35% |
| International Stocks |
25% |
| Fixed Income |
|
| Domestic Bonds |
25% |
| Global Bonds |
5% |
| Alternative Investments |
|
| Absolute Return Funds |
5% |
| Private Equity Funds |
5% |
Rebalancing
With a long-term focus on investment results, the Foundation has chosen to avoid short-term changes in strategy based on "market timing." The endowment's asset class market values are reviewed at least quarterly and asset classes are rebalanced to long-term asset mix targets. |