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Asset Allocation Model For Union County Foundation
As of 01/01/09
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, VanGuard Intermediate Term Bond Index, VanGuard Total Bond Index) |
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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 2008 was -23.45% (S&P
500 -38% in '08)
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, 2002-2008
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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* |
-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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| UCF Short-Term Portfolio |
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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| S&P 500 Index |
-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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*The Umbrella Portfolio is based on our asset allocation model.
Returns are exclusive of Admin. Fees.
* 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 engineer, 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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