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ATTACHMENT 1
ASSET ALLOCATION
The following Managed Asset allocation mix should be followed by the Investment Committee and maintained by the
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Foundation’s investment managers:
Short Term (less than one year)
|
Asset Mix Policy |
Minimum Target Maximum Benchmarks
| Minimum Target Maximum | Benchmarks |
|
Cash & Cash |
Equivalents
|
|
100. |
0% 100. |
0% 100.0% |
| | BOA/Merrill Lynch 6 month T- |
Bill |
Intermediate Term (one to four years)
|
| Asset Mix Policy |
Minimum Target Maximum
Benchmarks
| Minimum Target Maximum | Benchmarks | |
|
Fixed Income
|
100.0% 100.0% 100.0% | Barclays |
1-3 Year Aggregate |
Bond |
Long Term (5 years or greater)
|
Benchmarks
Equity
U.S. Equity
International Equity
Total
Fixed Income
Fixed-Income
Total
5.0% 7.5% 10.0%
15.0% 20.0% 25.0%
75.0% 80.0% 85.0%
75.0% 80.0% 85.0% Russell 3000
MSCI ACWI Ex-US
Barclays 1-3 Year Aggregate
Total
100%
Asset Mix Policy |
Minimum Target Maximum
| Minimum Target Maximum | Benchmarks | |
| Equity U.S. Equity International Equity Total
Fixed Income Fixed-Income Total
|
10.0% 12.5% 15.0% 5.0% 7.5% 10.0% 15.0% 20.0% 25.0% 75.0% 80.0% 85.0% 75.0% 80.0% 85.0%
| Russell 3000 MSCI ACWI Ex-US
Barclays 1-3 Year Aggregate |
|
Total |
100% |
80% Barclays 1-3 Year Aggregate |
12.5% Russell 3000 |
| 7.5% MSCI ACWI Ex-US |