Page 33 - April Report2022

Resilience
Investment/Finance Committee meeting minutes (2)
Table 2
JSF Financial Performance
Total Annual Investment Returns – To December 31, 2021 (in US$)
JSF ($287.6 mill)
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
Barclay Bond Aggregate Hedge Funds (weighted)
Target Returns Inflation +5.0%
Performance vs. Target
Fourth Last Quarter Year
3.1% 19.3% 3.8% 16.6% 4.7% 12.2% N/A 13.6%
N/A 8
11.0% 28.7% 1.8% 7.8%
10.9% 25.7%
7.5% 25.3%
0.0% -1.5% 0.4% 10.2%
2.9% 12.4%
0.2% 6.9%
Last 3 Years
17.2% 18.0% 15.8% 15.2%
12
26.1% 13.1%
33.0%
17.6%
4.8% 10.8%
8.7%
8.5%
Last 5 Years
12.0% 12.0% 11.3% 10.8%
17
18.5% 9.6%
24.5%
11.0%
3.6% 7.1%
8.1%
3.9%
Last 10 Years
9.3% 8.7% 9.3% 9.1%
44
16.6% N/A
N/A
N/A
2.9% 5.8%
7.2%
2.1%
1) Return achieved by a portfolio assuming targeted asset allocations and benchmark returns
2) Return achieved by a portfolio comprised of ETFs. 70% MSCI All Country World Index/30%
Barclay Bond Aggregate
3) Median return achieved by 152 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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