Investment Portfolio & Performance

The Foundation’s Investment Committee and Board focuses on maintaining a prudent strategy, consistently executed. This strategy is built on diversification and balance, the key factors in long term investment success.

The strategy seeks to build on the Foundation’s innate advantages, including its long-term horizon, its pooled assets – and the access to sophisticated investment managers that this allows – as well as a robust and continuous evaluation process.

Diversification is key, with targets of equities – 65 percent,  fixed income/cash – 22 percent, and alternative investment/private equities -13 percent, across geographies, industries, and growth and value approaches. The strategic asset allocation below demonstrates the important role of diversification.

Our Strategic Asset Allocation

Equities

Asset Class
U.S. Large Cap Equities
U.S. Mid Cap Equities
U.S. Small Cap Equities
Non-U.S. Developed Equities
Non-U.S. Emerging Markets Equities
Special Opportunities
Total Equities
Target Allocation
15%
8%
8%
19%
5%
10%
65%

Fixed Income*

Asset Class
U.S. Aggregate Bonds
Treasury Inflation Protected Securities
U.S. High Yield Bonds
Global Fixed Income
Total Fixed Income*
Cash & Cash Equivalents
Target Allocation
10%
3%
3%
4%
20%
2%

Alternative Investments

Asset Class
Private Assets
Real Assets
Total Alternative Investments
Target Allocation
8%
5%
13%
* The Foundation may invest up to 5% of its fixed-income portfolio in State of Israel bonds.
Investment Performance