Page 39 - July JSF report

INVESTMENT COMMITTEE MEETING MINUTES (DRAFT) (2)
Table 1
JSF Financial Performance
Total Annual Investment Returns – To March 31, 2023 (in US$)
First Last Last 3 Last 5
Quarter Year Years Years Last 10 Years
2023
JSF ($247.2mill)
Policy Index (*1) Simple Portfolio (*2) Other Foundations (*3)
JSF Percentile Ranking (%)
S&P 500
MSCI ACWI ex-US
Russell 3000 Growth Index Russell 3000 Value Index Bloomberg Bond Aggregate Hedge Funds (weighted)
Target Returns
Inflation +5.0% Performance vs. Target
3.7% -6.2% 4.3% -6.0% 6.0% -6.4% N/A -4.9%
N/A 77
7.5% -7.7%
6.9% -5.1% 13.9% -10.8% 0.9% -6.3% 3.0% -4.8% 1.2% -2.1%
2.9% 10.2%
0.8% -16.4%
13.7% 7.0% 6.8% 13.2% 7.3% 6.4% 9.8% 5.4% 6.2% 11.2% 5.6% 6.3%
10 7 34
18.6% 11.2% 12.2% 11.7% 2.5% 2.6% 18.7% 13.0% N/A 18.0% 7.3% N/A -2.8% 0.9% 1.4% 10.5% 4.7% 4.4%
10.6% 9.1% 7.8% 3.1% -2.1% -1.0%
1) 2) 3)
Return achieved by a portfolio assuming targeted asset allocations and benchmark returns
Return achieved by a portfolio comprised of ETFs. 70% MSCI All Country World Index/30% Bloomberg Bond Aggregate Median return achieved by 99 Foundations with assets of $101 to $500 million (i.e. JSF peer group)
NOTE: historical data only includes CRUT results from Feb 2019 date of absorption. At that point CRUT assets totaled $48.7mill.
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