Page 30 - January 2023 Report

January Report 2023
Investment Committee meeting minutes (draft) (2)
Table 1
JSF Financial Performance
Total Annual Investment Returns – To Sept 30, 2022 (in US$)
Third Quarter 2022
Second Quarter 2022
First Quarter 2022
Last Year
Last 3 Years
Last 5 Years
Last 10 Years
JSF ($236.4 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 Bloomberg Bond Aggregate Hedge Funds (weighted)
Target Returns
Inflation +5.0% Performance vs. Target
-4.0% -9.6% -4.0% -3.9% -10.7% -3.9% -6.2% -12.4% -5.5% N/A N/A N/A N/A N/A N/A
-4.9% -16.1% -4.6% -9.9% -13.7% -5.4% -3.4% -20.8% -9.3% -5.6% -12.4% -0.8% -4.8% -4.7% -5.9% -0.7% -4.7% -1.0%
1.4% 4.3% 4.4% -5.4% -13.9% -8.4%
-12.7% 7.2% -13.5% 6.7% -18.7% 1.9% -14.6% 3.6% 31 7
-15.5% 8.2% -25.1% -1.5% -22.9% 10.1% -11.7% 4.4% -14.6% -3.3% -5.9% 6.1%
13.6% 10.2% -26.3% -3.0%
6.1% 6.7% 6.0% 6.0% 3.3% 5.5% 4.0% 6.1% 11 31
9.2% 11.7% -0.8% N/A 11.5% N/A 5.1% N/A
-0.3% 0.9% 4.5% 4.6%
8.9% 7.6% -2.8% -0.9%
Return achieved by a portfolio assuming targeted asset allocations and benchmark returns
1) Return achieved by a portfolio comprised of ETFs. 70% MSCI All Country World Index/30% Bloomberg Bond Aggregate 2) Median return achieved by 98 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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