We are an affiliate partner of CFNJ.
Assets are invested in common pools.
The assets of your fund can be invested in one of our pooled investment options, with one of our investment partners, or with one of your own investment managers. By investing with these partners and managers, fundholders may design specific portfolios for their funds. In these circumstances, the fees are negotiated on a case-by-case basis.
The Community Foundation’s staff is available to discuss these options with you.
Investment Portfolio
Flagship
The Flagship Portfolio seeks to provide capital growth through an optimized strategic allocation. The diversified portfolio includes liquid and illiquid (such as hedge funds and private equity) asset classes, best-in-class managers that have been vetted by Goldman Sachs, and a balance of indexed and active strategies to drive cost efficiencies. The strategy leverages the full range of Goldman Sachs resources and analysis to navigate short- and medium-term market conditions and trends. Fees: 0.7%
| Asset Allocation | Average Performance History |
|---|---|
| US Equity — 39.8% | Year 1 — 12.4% |
| Fixed Income — 35% | Year 3 — 11.45% |
| International Equity — 9.7% | Year 5 — 7.07% |
| Private Equity and Alternative Investments — 8.6% | |
| Hedge Funds — 4.7% | |
| Cash — 2% |
Balanced
The Balanced Portfolio offers a diversified, low-cost investment approach, which includes a mix of asset classes. The portfolio is composed of five Vanguard Index Funds, providing exposure to U.S. equities, international equities, and U.S. fixed income. The overall strategy focuses on growth of capital and a reasonable level of current income. Fees: 0.0615%
| Asset Allocation | Average Performance History |
|---|---|
| US Equity — 40% | Year 1 — 15.07% |
| Fixed Income — 35% | Year 3 — 13.36% |
| International Equity — 20% | Year 5 — 7.63% |
| Cash — 5% |
Knox Hill (conservative strategy)
The Knox Hill Conservative Portfolio is designed to prioritize capital preservation and income stability, with minimal interest rate risk. This portfolio is composed of two Vanguard Fixed Income Index Funds and form a low-risk bond portfolio for fundholders seeking steady income and capital stability. Fees: 0.10%
| Asset Allocation | Average Performance History |
|---|---|
| Bonds — 100% | Year 1 — 3.27% |
| Year 3 — 4.97% | |
| Year 5 — 1.96% |
S&P 500 Index (long-term strategy)
The S&P 500 Index Portfolio aims to track the performance of the S&P 500 Index, which represents the 500 largest publicly traded companies in the United States. The portfolio provides broad exposure to the U.S. stock market, focusing on large-cap companies across various sectors. This passive Vanguard investment offers long-term growth potential through diversification and is ideal for fundholders seeking market-level returns with low fees. Fees: 0.03%
| Asset Allocation | Average Performance History |
|---|---|
| US Equity — 100% | Year 1 — 19.58% |
| Year 3 — 19.31% | |
| Year 5 — 12.83% |
Stable Value (short-term strategy)
With the Stable Value Portfolio, the objective is to preserve capital and provide liquidity. This portfolio is composed of 100% of the Vanguard Federal Money Market Fund. The fund invests in high-quality, short-term U.S. government securities. Fees: 0.11%
| Asset Allocation | Average Performance History |
|---|---|
| Short-Term Reserve — 100% | Year 1 — 3.83% |
| Year 3 — 4.61% | |
| Year 5 — 3.63% |
ESG Pool
The ESG Pool Portfolio combines an environmentally and socially responsible core bond fund, with an ESG equity fund, to create a diversified portfolio that’s suitable for long-term holdings. This portfolio is well-suited for moderate risk investors seeking a balanced ESG portfolio, with long-term growth and capital preservation goals. Both funds within the portfolio apply ESG criteria across asset classes and complete security selections with ESG risk oversight. Fees: 0.11%
| Asset Allocation | Average Performance History |
|---|---|
| US Equity— 50% | Year 1 — 6.88% |
| Fixed Income — 50% | Year 3 — 9.43% |
| Year 5 — 4.77% |
For Questions
Contact Amanda Kwai Pun, Chief Financial Officer, at 973-267-5533.