Long Term Fund

The Combined Fund Long-Term Legacy Investment Pool

The Long-Term Legacy Investment Pool (the current Combined Fund) is intended for investment of long-term, permanent endowment funds.  These are funds in which the principal is protected and grown over time and that provide annual income to the fund beneficiary.

Allocation – 63% in equity funds, 25% in fixed income funds, 10% in alternative investment funds (real estate, hedge funds, commodities, etc.) and 2% in cash.

Risk Profile – Goal is to protect the principal of the pool, provide acceptable annual income to fund beneficiaries, and to provide capital growth of the pool.

Anticipated Total Returns – Total investment returns, including capital appreciation and distributed income, are anticipated to approximate 7% to 10% over time and to be 2%+ above returns of the Mid-Term Capital Investment Pool.

Minimum Initial Investment - $5,000.00

Withdrawals – Automatic withdrawals of distributable income may be taken quarterly or annually.  Other withdrawals may be made on demand once per calendar quarter.  Trustees may require advance notice of withdrawals depending on the size of the requested withdrawal.

Historical Investment Returns

Annual Returns 2005 - 2015
Percentage Returns
Year 1-Year Total Return 3-Year Total Return 5-Year Total Return 10-Year Total Return
2005 3.7% 11.8% 1.2% 7.2%
2006 10.9% 7.6% 4.6% 6.2%
2007 6.5% 7.1% 11.2% 4.4%
2008 -28.4% -4.3% -0.2% -0.1%
2009 22.7% -2.3% 1.4% 0.9%
2010 13.4% -0.9% 2.9% 1.8%
2011 -4.4% 10.9% 0.0% 2.3%
2012 13.6% 7.3% 0.8% 6.1%
2013 18.6% 8.9% 14.3% 5.1%
2014 6.6% 14.1% 10.0% 4.9%
2015 -1.0% 8.3% 6.6% 4.4%

Note: 3-Year, 5-Year and 10-Year returns are annualized.

Note:  Historical investment returns are not a guarantee of future results.

Current Policy Investment Allocation