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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21.85% |
Large Caps | (Vanguard 500 Index Fund) |
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9.5% |
Mid Caps | (Vanguard MidCap Index Fund, Delafield Fund) |
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9.5% |
Small Caps | (Vanguard SmallCap Index Fund, Royce Total Return Investment) |
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22.15% |
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, VanGuard Intermediate Term Bond Index, VanGuard Total Bond Index) |
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Cash:
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Fifth Third Bank, First Federal Community Bank, Huntington Bank,
Meeder Financial Insured Bank Deposit Program, various short term FDIC
CD’s
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Note:
Our investment return (before admin. fees) Y.T.D. through 11/30/10 for the allocation model is 7.59%
Our investment return (before admin. fees) for the 2009 allocation model was 22.04%
Our investment return (before admin. fees) on the above for 2008 was -23.45% (S&P 500 -38% in '08)
Our investment return (before admin. fees) for the 2007 allocation model was 6.96%
Our investment return (before admin. fees) for the 2006 allocation model was 12.58%
Our investment return (before admin. fees) for the 2005 allocation model was 6.10%
Our investment return (before admin. fees) for the 2004 allocation model was 11.2%
Our investment return (before admin. fees) for the 2003 allocation model was 15.5%
Our investment return (before admin. fees) for the 2002 allocation model was -5.1%
Union County Foundation Portfolio Returns, 2002-2008
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2010**
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2009
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2008
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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* |
7.59%
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22.94%
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-23.45%
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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 |
7.86%
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26.46%
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-38.49%
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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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| UCF Short-Term Portfolio* |
2.32%
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3.59%
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4.14%
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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 Umbrella Portfolio is based on our asset allocation model.
*The returns do not reflect our 1% (min. of $150) annual admin. fees.
**2010 results YTP through 11-30-10.
* 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: Greg Sehnert Chr., Pres. Nuckles Sehnert Ins.,
Thomas McCarthy Vice Chr., (Certified Financial Planner and Certified Senior Advisor), Robert Meeder, Founder Meeder Financial,
David Allen, Sr. Partner, Allen,Yurasek, Merklin, & Owens-Ruff Law,
David Anderson, Treasurer Scioto Services Inc., Don Fraser, Union County Common Pleas Judge and Attorney,
Herb Richardson, retired general manager, Ashland Chemical,
Sue Devine, Director of Finance & Development Union County Foundation,
David Vollrath, Exec. Director Union County Foundation.
Additional information is available upon request.
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