Join the Community Foundation of Greater Memphis for a lively evening that will include funding news, highlights from our record-breaking year, and a presentation from nationally-recognized urban planning expert Carol Coletta on the potential of civic assets to power the future of Memphis.
Period ended December 31, 2016
Note: All returns are net of investment management fees. Returns may not reflect the actual performance of individual funds. The multi-year returns are compounded annual returns.
* During the summer and fall of 2007, the performance in the Fixed Income Pool was negatively affected by significant losses in net asset value in the Regions Morgan Keegan Select Intermediate Bond Fund, which originally accounted for approximately 55% of the pool. As a result of those losses, the Foundation’s investment committee reduced its position in that fund by 40% in August 2007 and completely liquidated the position on Nov. 15, 2007. The Fixed Income Pool no longer has any exposure to this fund. The Fixed Income Pool is the smallest of the Foundation's investment pools, amounting to approximately 1.5% of assets. No other investment pools or any other assets of the Foundation were affected by this investment.