Historical Funds Performance—Month-end
Month-end | Quarter-end | Calendar Year
Performance, net of fees (as of 5/31/13) 1,2
| Fund |
One Month |
Year-to-Date |
One
Year |
Three
Years |
Five
Years |
Ten Years |
Since
Inception3 |
Assets
(billions) |
| Stable Value Fund |
+0.16% |
+0.87% |
+2.33% |
+2.75% |
+3.20% |
+3.58% |
+3.56% |
2.2 |
| BofA ML Wrapped 1-5 Year Corp/Gov Index 4 |
+0.17% |
+0.89% |
+2.26% |
+2.68% |
+3.01% |
+3.34% |
+3.31% |
|
| Inflation Protection Fund |
-3.67% |
-2.51% |
+2.03% |
+6.91% |
+4.69% |
N/A |
+5.35% |
2.1 |
| BC U.S. Gov't Inflation Linked Bond Index 5 |
-4.67% |
-4.23% |
-2.02% |
+6.55% |
+5.58% |
N/A |
+5.77% |
|
| Fixed Income Fund |
-2.36% |
-0.14% |
+5.73% |
+6.90% |
+7.38% |
+5.80% |
+6.41% |
4.0 |
| Barclays U.S. Universal ex MBS (blend) 6 |
-1.75% |
-0.37% |
+3.11% |
+6.02% |
+6.05% |
+4.85% |
+5.84% |
|
| Multiple Asset Fund |
-0.09% |
+7.34% |
+18.46% |
+11.64% |
+5.07% |
+8.23% |
+7.33% |
8.3 |
| Custom Benchmark 7 |
-0.30% |
+7.26% |
+17.79% |
+11.88% |
+4.86% |
+7.64% |
+6.72% |
|
| Balanced Social Values Plus Fund |
+1.34% |
+11.14% |
+17.39% |
+10.94% |
+6.05% |
+6.50% |
+4.92% |
0.06 |
| Custom Benchmark 8 |
+1.39% |
+10.75% |
+16.97% |
+10.59% |
+5.90% |
+6.85% |
+5.71% |
|
| U.S. Equity Fund |
+2.53% |
+14.95% |
+26.60% |
+15.70% |
+5.12% |
+7.85% |
+5.53% |
7.0 |
| Russell 3000 Index |
+2.36% |
+15.55% |
+27.88% |
+16.82% |
+5.69% |
+8.09% |
+5.66% |
|
| International Equity Fund |
-1.72% |
+5.25% |
+26.13% |
+10.03% |
+0.02% |
+9.52% |
+6.96% |
2.9 |
| MSCI ACWI ex US IMI 9 |
-2.27% |
+4.82% |
+25.84% |
+9.35% |
-1.22% |
+9.17% |
+5.31% |
|
Total Market Value (as of 5/31/13) of all funds managed by the General Board: $19,354,551,376 (preliminary).
1 The posted rate of return is for the periods ending on the specified date.
2 Rates of return reflect past performance and are no guarantee of comparable future results. The prices of General Board investment funds will rise and fall with the value of the investments held in the funds. The units a participant owns may be worth more or less than their purchase price when redeemed. Investment results shown here are after all investment, administrative and custodial expenses.
3 The inception dates are as follows: Multiple Asset Fund—04/30/2002; Stable Value Fund---11/30/2002; and Inflation Protection Fund—01/05/2004; for all others the inception date is 12/31/1997.
4 Effective June 30, 2010, the General Board changed SVF’s performance benchmark from the Ryan Labs 3-Year GIC Index to the BofA Merrill Lynch Wrapped 1-5 Year Corporate/Government Index, which better reflects the composition of the underlying fund assets.
5 On January 1, 2006, the benchmark for the Inflation Protection Fund became the Barclays Capital (formerly Lehman Brothers) U.S. Government Inflation Linked Bond Index. From April 1, 2005, to December 31, 2005, the benchmark was a blended index based on the following weightings: Barclays Capital U.S. Government Inflation-Linked Bond Index (50%) and Barclays Capital Global Inflation-Linked Bond Index (50%). Prior to April 5, 2005, the benchmark was the Barclays Capital U.S. Government Inflation-Linked Bond Index.
6 On January 1, 2006, the benchmark for the Fixed Income Fund became the Barclays Capital (formerly Lehman Brothers) U.S. Universal ex-Mortgage Backed Securities Index. Prior to this date, the benchmark was the Barclays Capital (formerly Lehman Brothers) U.S. Universal Index.
7 On January 1, 2006, the benchmark for the Multiple Asset Fund became a blended index based on the following weightings: Russell 3000 Index (45%), MSCI All Country World Index ex USA IMI (20%), Barclays Capital U.S. Universal Index ex-Mortgage Backed Securities (25%) and the Barclays Capital U.S. Government Inflation-Linked Bond Index (10%). Prior to January 1, 2006, the benchmark was a blended index with weightings as follows: Russell 3000 Index (47%), MSCI EAFE Index (15%), MSCI Emerging Markets Index (3%) and Lehman Brothers U.S. Universal Index (35%).
8 Prior to October 1, 2007, the benchmark for the Balanced Social Values Plus Fund was 60% Russell 3000 Index, 30% Lehman Aggregate Bond Index and 10% Merrill Lynch 3-month Treasury Bills Index. As of October 1, 2007, the benchmark composition became 60% Domini 400 Social Index, 30% Lehman Mortgaged Backed Securities Index and 10% Merrill Lynch 90-day Treasury Bill Index. In 2008, the Lehman Aggregate Bond Index was renamed the Barclays Capital Aggregate Bond Index and the Merrill Lynch 90-day Treasury Bill Index was renamed the Bank of America Merrill Lynch 3-month Treasury Bill Index. In July 2009, the Domini 400 Social Index was renamed the FTSE KLD 400 Social Index. In 2010, the FTSE KLD 400 Social Index was renamed the MSCI KLD 400 Social Index.
9 On January 1, 2008, the benchmark for the International Equity Fund became the MSCI All Country World Index (ACWI) ex USA Investable Market Index (IMI). From January 1, 2006 through 2007, the benchmark was the MSCI ACWI ex USA Index. Prior to 2006, the benchmark was the MSCI EAFE Index.
General Board investment funds are neither insured nor guaranteed by the government.
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