Medium Term Fund

The Combined Fund Mid-Term Capital Investment Pool

The Mid-Term Capital Investment Pool is intended for intermediate-term funds such as capital campaign funds with an investment horizon of about three to five years.  The pool will emphasize capital preservation with acceptable growth of investment.

Allocation – 70% in stable fixed income funds and 30% in equity and real estate funds.

Risk Profile – The pool could have more volatility than the Short-Term Income Investment Pool and approximately one-half the volatility of the Long-Term Legacy Investment Pool (current Combined Fund).

Anticipated Total Returns – Investment returns over time are anticipated to be 4% above inflation, 2% above the Short-Term Income Investment Pool and 2% below the Long-Term Legacy Investment Pool.

Minimum Initial Investment - $3,000.00

Withdrawals – There are no automatic distributions of income from the Pool.  Withdrawals may be made on demand once per calendar quarter.

Historical Investment Returns

The Mid Term Investment Pool had a total return of -0.14% for the year ended 12/31/15 compared to the benchmark rate of -1.56%.  The pool was established in January of 2015, so only one year of history is available.

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

Current Policy Investment Allocation