{"id":3766,"date":"2025-02-26T14:29:44","date_gmt":"2025-02-26T19:29:44","guid":{"rendered":"https:\/\/www.rochester.edu\/endowment\/?page_id=3766"},"modified":"2025-02-27T12:52:10","modified_gmt":"2025-02-27T17:52:10","slug":"fiscal-2008-report","status":"publish","type":"page","link":"https:\/\/www.rochester.edu\/endowment\/fiscal-2008-report\/","title":{"rendered":"Fiscal 2008 Report"},"content":{"rendered":"

Investment Performance Commentary for the Year Ending June 30, 2008<\/h2>\n

Rochester\u2019s investment return for the long-term investment pool (primarily endowment) for the fiscal year ending June 30, 2008, net of all fees and expenses, was approximately -0.1% compared to the benchmark return of -7.4% (comprised of 60% Wilshire 5000, 20% Lehman Aggregate and 20% ACWI ex-US).<\/p>\n

Rochester\u2019s five-year average annual net return through June 30, 2008 was 12.4% vs. 9.6% for the benchmark. The ten-year average annual net return through June 30, 2008 was 9.2% vs. 4.7% for the benchmark.<\/p>\n

The value of the long-term investment pool at the end of the fiscal year was $1.75 billion, $24 million below the value reported at the beginning of the year. The change in value was attributable to investment returns of -$5.6 million, gifts and additions of $71.4 million and spending and withdrawals of $90.0 million.<\/p>\n

Asset Allocation and Performance<\/h3>\n

Major asset classes generated the following performances in fiscal year 2008:<\/p>\n