Investment Performance
Investment Performance
Investment returns, net of fees, for the periods ending December 31, 2022, were as follows:
| CFSJC Return | Standard Benchmark | CPI + 5% | |
| One Year | -14.3% | -16.3% | +11.7% |
| Three Year | +5.8% | +2.0% | +10.1% |
| Five Year | +6.0% | +3.7% | +9.0% |
| Ten Year | +6.9% | +5.7% | +7.7% |
| Since Inception | +7.4% | +4.4% | +7.6% |
The Standard Benchmark is comprised of the following weighted indices: 65% All Country World Index and 35% Barclays Aggregate Bond Fund. The Community Foundation compares its performance to this benchmark to determine if active management of our investment portfolio produces a superior return to what a typical, passively invested endowment portfolio would produce.
The Community Foundation also compares our performance to a long-term benchmark comprised of 5% plus the rate of inflation as measured by the Consumer Price Index (CPI). Over the long-term, the Foundation seeks to earn 5% plus CPI to cover the cost of annual grants to charity while protecting the real value of the underlying endowments.
For Periods Ending December 31, 2022
