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Investment Results (Member Asset Management)

In 1998, Barnabas Foundation made a strategic decision to professionalize the oversight and management of our investments. The goal was to allocate the investments across a diversified portfolio and hire nationally-recognized managers to invest funds in their areas of expertise in order to maximize returns.

There are currently eight investment management firms handling our portfolio.  The performance of each manager is measured against their assigned benchmark monthly and reported to our Investment Committee.  Each of the managers is evaluated and reviewed by our investment committee on a regular basis.  The performance of the primary common trust funds compared to their benchmarks is shown below.

As of March 31, 2007

 
Last 3
Last 12
3 Year
5 Year
Name of Fund
Months
Months
Annualized
Annualized
Barnabas Equities Fund
1.78%
10.53%
12.48%

7.80%

S&P 500
0.64%
11.87%
9.51%
6.28%
Barnabas Fixed Income Fund
1.53%
6.28%
3.45%
5.13%
Merrill Intermediate Corp Index
1.80%
6.29%
3.16%
5.83%
Barnabas REIT Fund
4.18%
24.82%
27.43%
23.46%
Wilshire Real Estate Index
3.59%
21.99%
26.82%
22.74%
Cash Equivalents Fund
1.24%
4.84%
3.59%
3.06%
 3/31/2007

 


 
     
         
   



 

 


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