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Investment performance

Lois Cox
Lois Cox, CFA, CFP
Vice President for
Investments/CIO
785-775-2128
Contact
Paul Chai
Paul Chai, CAIA
Director of
Investments
785-775-2127
Contact

The primary objective of the long-term investment pool is to earn an return exceeding the distributions to purpose, the management fee and an inflation factor allowing for intergenerational equity.

Guiding Investment Principles

Manage actively: Excess returns can be generated via actively managed portfolios across global public and private asset classes.
Stay diversified: Appropriate diversification drives long-term risk-adjusted returns and consistent absolute return generation.
Seek value: Allocate capital assets that are attractively priced and use a long-term investment time horizon as a sustainable advantage.
Focus on long-term investment horizon: Achieve excess risk-adjusted returns over full-market cycles, not just over quarters and year.

 

For the fiscal year 2019 that ended on June 30, 2019, the long-term investment pool grew to combined assets of more than $613 million and the return earned on investments was 6.80 percent. With two-thirds of the pool’s assets invested in global equities, both public and private, strength in these markets contributed to the pool’s solid returns and outperformance relative to the policy benchmark.

During fiscal year 2018, the Kansas state University Foundation ranked in the top quartile among 800+ college/university endowments and foundations according to the National Association of College and University Business Officers (NACUBO).

Over the longer twenty-year period, the fund returned 6.24 percent (annualized) — also outperforming that period’s benchmark. The charts below may also be helpful in answering your questions more fully.

 Investment bar graph

Annual Fiscal Year Returns

6/30/20189.15%
6/30/20178.64%
6/30/2016-1.93%
6/30/2015-0.88%
6/30/201419.32%
6/30/201312.04%
6/30/2012-1.65%
6/30/201119.28%
6/30/201010.33%
6/30/2009-21.68%

Policy Benchmark

Asset classBenchmarkStrategic allocation
Global equities

67% MSCI ACWI Index

63%

33% Cambridge Associates Global All PE Index

Diversifying strategiesHFRX Absolute Return Index7%
Inflation hedge

50% Bloomberg Commodity Index

25% NCREIF ODCE

25% Barclays US TIPS Index

20%
Deflation hedgeBarclays US Aggregate Index10%


 

KSU Foundation Asset Management  Investing in our world