Investments Performance
As of June 30, 2024
1693 Partners Fund
| 15 year | 10 year | 5 year | 3 year | 1 year | |
|---|---|---|---|---|---|
| 1693 Partners Fund1 | 8.5% | 7.4% | 9.0% | 4.1% | 9.1% |
| Target Benchmark2 | 8.2% | 6.3% | 8.3% | 3.4% | 14.1% |
- Fund-level investment performance is presented net of investment manager fees and gross of internal operating expenses.
- Policy Benchmark: 56% MSCI All Country World Index, 24% Bloomberg Barclays Aggregate Index, 2% Bloomberg Barclays U.S. Credit Index, 8% Bloomberg Barclays U.S. High Yield Index, 10% Bloomberg Commodity Index; Beginning January 1, 2017: 50% MSCI All Country World Index, 15% Russell 2000 Index, 10% Bloomberg Barclays Aggregate Index, 15% HFR Fund of Funds Index, 5% MSCI U.S. REIT Index, 5% S&P North American Natural Resources Index; Beginning July 1, 2022: 45% MSCI All Country World Index, 25% Russell 2000 Index, 7.5% Bloomberg Barclays Aggregate Index, 12.5% HFR Fund of Funds Index, 5% MSCI U.S. REIT Index, 5% S&P North American Natural Resources Index
Business School Foundation
| 15 year | 10 year | 5 year | 3 year | 1 year | |
|---|---|---|---|---|---|
| Total BSF Account | -- | -- | -- | -- | 10.2% |
| Target Benchmark | -- | -- | -- | -- | 13.9% |
The William & Mary Business School Foundation’s endowments are invested partially in funds managed by the 1693 Partners Fund and LCG Associates.
The William & Mary Business School Foundation began investing some funds with LCG Associates during FY22. The estimated average annual return and target benchmark on these combined pools were calculated using industry standard methodology for the fiscal year ending on June 30, 2024. Prior to FY22, endowment assets were primarily invested with the 1693 Partners Fund.
Muscarelle Museum of Art Foundation
| 15 year | 10 year | 5 year | 3 year | 1 year | |
|---|---|---|---|---|---|
| Total ART Account | -- | 5.2% | 6.3% | 1.4% | 11.5% |
| Target Benchmark | -- | 5.3% | 6.2% | 1.8% | 11.4% |
VIMS Foundation
| 15 year | 10 year | 5 year | 3 year | 1 year | |
|---|---|---|---|---|---|
| WAMIT/LCG Associates | -- | -- | -- | 1.3% | 11.1% |
| Policy Benchmark | -- | -- | -- | 2.0% | 13.1% |
VIMS Foundation endowment previously invested with WAMIT moved to LCG Associates beginning April 2021; investment performance is net of all fees and expenses.
10-Year Growth in Consolidated Endowment
As of June 30, 2024
Scales are different for each pool of capital. Each endowment is represented in the chart below by color. Dollars in millions are on the y-axis and fiscal years are on the x-axis. All dollar figures shown in millions. Fiscal years represented.
10-Year Combined Growth for All W&M Endowments
Valued at more than $1.45 billion as of June 30, 2024.
