The Oregon Jewish Community Foundation Investment Committee announced their investment pools performance figures for the fiscal year ending June 30, 2011 stating both the fixed income and equity pools outperformed their established benchmarks. The equity pool returned 31.2%, versus the S&P 500 return of 30.7% and the fixed income pool returned 6.7% versus the Bar Cap Aggregate performance of 3.9%. A moderate growth allocation of 60% equities and 40% fixed income returned 21.4% compared to 19.1% for the blended index return*.
The OJCF’s fixed income pool’s outperformance was assisted by an allocation to an emerging market bond fund, which was up 17.89% versus the BarCap Aggregate return of 3.9%. The OJCF’s equity pool’s allocation to small capitalization stocks helped it beat the benchmark.
“During the year an investment subcommittee also reviewed and discussed the possibility of adding an alternative asset pool for our partner organizations,” said OJCF Executive Director, Julie Diamond. “After a detailed investigation, the subcommittee concluded that they would monitor a portfolio of potential investments and then reevaluate the results in 2012.”
Total assets under management for the foundation for the fiscal year are valued at $42,643,837.
* Past performance does not guarantee future results.