book

Portfolio Management

Investment Committee
Monitors performance, asset allocation, manager allocations, and manager style adherence.

Investment Firm (CAPTRUST Financial Advisors)
Makes market decisions in adherence with Foundation Investment Policy, produces regular performance reports for the Foundation, and immediately communicates any problems or concerns to the Committee.  Responsible for recommending rebalancing of the portfolio, as needed.

Strategy

The Foundation invests its assets to financially support current activities related to the mission, as well as provide resources for future efforts and growth.

  • The investment objective of the Foundation is to preserve and enhance the real (inflation-adjusted) purchasing power of the Foundation assets, consistent with agreed-upon levels of risk that a prudent person would take under various economic conditions.
  • The objectives for all the investment assets shall be accomplished utilizing equities, fixed income, fixed income like investments, and cash equivalents in a mix which is conducive to participation in rising markets while allowing for protection in falling markets.

Performance Objectives

  • The Investment Committee fully understands the volatility of the various capital markets and the need to maintain a long-term horizon when reviewing performance.
  • The general long term investment objective is the following:    Rate of Return ≥ Spending Rate + Inflation Rate + Expenses.
  • In addition to long-term growth goals, the Catholic Foundation is committed to maintaining investment guidelines set by the United States Conference of Catholic Bishops.

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Posted on by CFuture.