Endowment Returns

by: M F

Draw your own conclusions on endowment performance last year, fiscal year ending June 30th. Below are facts.

Bonds +7%

60/40 -12.7%

Texas -13%

Penn -15.7%

Columbia -16.1%

MIT -17%

Williams -18%

Amherst -20%

Brown -23%

Yale -24.6%

Stanford -25.9%

US Stocks -25.95%

Cornell -26%

Harvard -27.3%

Foreign Stocks -31%

Buy and Hold -31.1%

Real Estate -41%

Commodities -61%

(Data sources: Global Financial Data, Harvard and Yale Annual Reports)

US Stocks – S&P 500

Foreign Stocks – MSCI EAFE

Bonds – 10 Year US Govt

Commodities – GSCI

REITs – NAREIT

  • Buy and Hold is an equally-weighted, monthly rebalanced allocation to the above 5 asset classes
  • Harvard and Yale are announced returns for 2009
  • 60/40 is the traditional 60% stocks, 40% bonds allocation