{"id":3746,"date":"2025-02-26T14:27:58","date_gmt":"2025-02-26T19:27:58","guid":{"rendered":"https:\/\/www.rochester.edu\/endowment\/?page_id=3746"},"modified":"2025-02-27T12:52:48","modified_gmt":"2025-02-27T17:52:48","slug":"fiscal-2009-report","status":"publish","type":"page","link":"https:\/\/www.rochester.edu\/endowment\/fiscal-2009-report\/","title":{"rendered":"Fiscal 2009 Report"},"content":{"rendered":"

Investment Performance Commentary for the Year Ending June 30, 2009<\/h2>\n

Rochester\u2019s investment return for the Long Term Investment Pool (primarily endowment) for the fiscal year ending June 30, 2009, net of all fees and expenses, was approximately -19.8%. This compares favorably to the benchmark return of -21.1% (comprised of 60% Dow Jones Total Stock Market Index, 20% Barclay\u2019s Aggregate Bond Index and 20% MSCI ACWI ex-US Index).<\/p>\n

Rochester\u2019s five-year average annual net return through June 30, 2009 was 4.2% vs. 1.0% for the benchmark. The ten-year average annual net return through June 30, 2009 was 5.7% vs. 0.9% for the benchmark.<\/p>\n

The value of the Long Term Investment Pool at the end of the fiscal year was $1.37 billion, $374 million below the value reported at the beginning of the year. The change in value was attributable to investment returns of -$349.2 million, gifts and additions of $77.0 million and spending and withdrawals of $101.4 million.<\/p>\n

Asset Allocation and Performance<\/h3>\n

Major asset classes generated the following performances in fiscal year 2009:<\/p>\n