Our Goal:  Investing with Peace of Mind

Combined Investment Fund Profile, January, 2010 

The Combined Investment Fund has assets of over $77 million and is a pooled fund of the assets of many of the three community foundations’ component funds. At December 31, 2009, the allocation of the Combined Investment fund was as follows:

Fixed Income                                        37.27%

Equities

Southeastern Asset Management              5.26% (large cap value)

Russell 1000 value index                         6.25% (large cap value)                 

Russell 1000 growth Index                   12.04% (large cap growth)

Mid Cap Value Index                              6.23% (mid cap value)                                          

Thompson Siegel                                     6.46% (small cap value)

Delaware Capital Management                            8.21% (International equities)

NWQ                                                       9.38% (International equities)

UBP Asset Management                          8.90% (Fund of Funds alternative investment)      

The combined investment fund was up 3.13% for the quarter ending December 31, 2009. The Policy index of 60% of the S&P 500 and 40% Barclays Aggregate Bond Index was up 3.37%. For 2009 the combined investment fund performance number was up 22.94% compared with the index of 17.72%. Below is the performance of the individual managers that make up the combined investment fund. The Investment Committee has agreed to increase the international equity allocation to 20%. We purchased a 3% allocation of Vanguard Emerging Markets fund and reduced some NWQ exposure to keep the allocation to 20%. This adjustment in allocation reduced the fixed income percentage of the portfolio.     

Combined Investment Fund Returns --- October 1, – December 31, 2009

The Community Foundation’s Investment Committee is comprised of donors and members of the Community Foundation of the National Capital Region’s Board of Trustees. The key to long-term success is to maintain a strong, intelligent discipline with regard to asset allocation strategy and to use highly skilled investment managers. Our experienced Investment Committee oversees the investment management policies and monitors our investment performance.

John terry Beaty, Chair
Brown Advisory

Daniel K. Mayers
Of Counsel, Wilmer Cutler Pickering Hale & Dorr

Hugh McLaughlin
Morgan Stanley

Sophia Green Robinson
Columbia Equity Financial Corp.

Mark Rothman
The MYTA Corporation

For More Information

Kenny Emson
Chief Development Officer
(202) 263-4779
kemson@cfncr.org