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Asset Allocation Model For Union County Foundation
As of 12/31/07
Goal: 63% Equities, 31% Fixed Income, 6% Cash*
Note: The portfolio is rebalanced to this goal on a quarterly basis
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Equities:
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23.0% Large Caps (Vanguard 500 Index Fund) |
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10.0% Mid Caps (Vanguard MidCap Index Fund, Delafield Fund) |
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10.0% Small Caps (Vanguard SmallCap Index Fund, Royce Total Return Investment) |
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20.0% International (Vanguard Global Equity Fund, Vanguard Total International
Stock Index, Franklin Templeton Mutual Discovery B) |
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Fixed Income:
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Intermediate Term CD’s |
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Cash:
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Delaware County Money Mkt. Act., Fifth Third Bank Platinum Brokerage Act.,
Various short term CD’s |
Note:
Our investment return (before admin. fees) on the above for 2007 was 6.96%
Our investment return (before admin. fees) on the above for 2006 was 12.58%
Our investment return (before admin. fees) on the above for 2005 was 6.10%
Our investment return (before admin. fees) on the above for 2004 was 11.2%
Our investment return (before admin. fees) for the above for 2003 was 15.5%
Our investment return (before admin. fees) for the 2002 allocation model was -5.1%
Union County Foundation Portfolio Returns, 2002-2007
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2007
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2006
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2005
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2004
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2003
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2002
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| UCF Umbrella Portfolio |
6.96%
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12.58%
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6.10%
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11.20%
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15.50%
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-5.10%
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| S&P 500 Index |
5.49%
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15.75%
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4.91%
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10.88%
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28.68%
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-22.15%
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The Umbrella Portfolio is based on our asset
allocation model.
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| UCF Short-Term Portfolio |
4.84%
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4.85%
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2.44%
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2.16%
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2.37%
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N/A
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* The investment portfolio
is directed and managed by the Union County Foundation’s Investment Committee. The investment strategy is one that
uses a moderately conservative allocation model consistent with allocations applied by community foundations throughout
the country as reported by data collected and disseminated by the National Council on Foundations. The investment
strategy makes full use of index funds thus avoiding outside investment advisor fees. Current policy permits
internal portfolio management through $5,000,000 asset levels. Current Investment Committee members are: Thomas
McCarthy, Chr. (Certified Financial Planner and Certified Senior Advisor), Phillip Connolly, Vice Chr., Pres. Connolly
Construction, Robert Lewis, Principal Ray Lewis & Son Inc., Daniel Fitzgerald, President McAullife’s
Ace Hardware, Gerald Dackin, Ret. Bank Pres., Greg Sehnert, Pres. Nuckles Sehnert Ins., Gary Conklin
, President Conklin Dairy Farms Inc., JR Kruse, President Scioto Industrial Inc., Don Fraser, Attorney
Cannizzaro, Fraser, Bridges, Jillisky, & Streng, David Vollrath, Exec. Director Union County Foundation.
Additional information is available upon request.
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