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Investments
Investment Returns
Report listed below is for the second quarter 2010:
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Investment Returns |
2nd Quarter 2010 |
1 Year |
3 Year |
5 Year |
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Racine Community Foundation Pool (65% equities, 20% bonds and 15% investment alternatives) |
-7.45% |
15.51% |
-5.05% |
1.36% |
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Total Fund Policy |
-7.44% |
12.72% |
-4.81% |
1.77% |
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Report listed below is through December 31, 2009:
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Investment Returns |
1 Year |
3 Year |
5 Year |
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Racine Community Foundation Pool (65% equities, 20% bonds and 15% investment alternatives) |
26.72% |
-1.99% |
2.27% |
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Total Fund Policy |
21.46% |
-1.78% |
2.54% |
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Investment Management
Under the oversight of the Racine Community Foundation’s Investment Committee, Bogdahn Consulting, LLC provides investment consulting services, advising the committee on growth and diversification strategies and high-performing sectors, as well as monitoring the Community Foundation’s investment pool to maintain its balanced investment approach.
Bogdahn Consulting, LLC provides oversight and evaluation of the Community Foundation’s 13 money managers:
- American Funds - Europacific Growth Fund
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Cortina Asset Management
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Dodge & Cox Stock Fund
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Fiduciary Management, Inc.
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Grosvenor Capital Management
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Harbor International
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Hatteras Multi-Strategy TEI Institutional Fund, L.P.
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McDonnell Investment Management
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Marvin & Palmer U.S. Equity
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PRIMECAP Odyssey Growth Funds
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Vanguard 500 Index
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Vanguard Total Bond
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Wells Capital
The Investment Fee on the portfolio is 0.72% (72 basis points). The Racine Community Foundation’s Investment Committee reviews investment performance and consultant recommendations, adjusting its investments to stay on top of emerging developments.
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Confirmed in Compliance with National Standards for U.S. Community Foundations.
