Investment Pools & Returns | The Community Foundation of Greater Memphis

2023 INvestment Briefing

We invite you to watch conversations originally recorded March 24, 2023, about market outlook, fund performance, and investment choices at the Community Foundation, featuring Prime Buchholz, the Community Foundation’s investment consultant.

Click here to watch the recording of the session with the Prime Buchholz leadership team. Or, click here to see the associated slide deck.

Investment philosophy & performance

As a donor, you are able to select the investment pool in which the funds you give us are invested. You can recommend that we invest your funds in any of these pools, or any combination of the pools. We will work with you to make sure you are happy that your investment recommendations are providing you the return that you expect.

Click here for the most recent quarterly investment returns.

Investment policies

Investment policy statement

Investment pools

The Community Foundation of Greater Memphis offers nine investment pools (below). Each pool is professionally managed with oversight provided by the Foundation's Investment Committee and investment consultant Prime Buchholz LLC. To view all our investment options at a glance, click here for a downloadable PDF.

CASH EQUIVALENT

Pool designed to preserve capital through investments in high-grade U.S. government, U.S. government agency, and U.S corporate bonds with short maturities (one year or less) as well as money market instruments. It is managed by Highland Capital Management Corp.

FIXED INCOME-ACTIVE

Pool designed to generate returns through a diversified mix of U.S. government, U.S. government agency, and U.S investment grade corporate bonds with short and intermediate maturities. The fund is managed by Metropolitan West Asset Management through the Metropolitan West Total Return Bond Fund (MWTIX), Pacific Investment Management Company through the PIMCO Short Term Fund (PTSHX), and the Vanguard Total Bond Market Index Fund (VBTIX).

FIXED INCOME-INDEXED

Pool designed to closely track the returns of the U.S. investment grade fixed income market.

BALANCED - ACTIVE

Pool designed to generate returns through an actively managed, globally diversified mix of asset classes and investment strategies. The pool invests in U.S. equity, international equity, emerging market equity, and U.S. fixed income, as well as alter native strategies which include hedged strategies, private equity, and real assets. Managers and current allocations are shown here.

BALANCED - INDEXED

Pool designed to closely track the returns of a balanced mix of global equities and U.S. investment grade fixed income. The approximate allocation of this pool currently is 40 percent Vanguard Total Bond Market Index Fund (VBTLX), 32 percent Vanguard Total Stock Market Index Fund (VTSAX), and 28 percent Vanguard Total International Stock Index Fund (VTIAX).

EQUITY - ACTIVE

Pool designed to generate returns through an actively managed, globally diversified mix of equity and equity-oriented strategies. The pool invests in U.S. equity, international equity, emerging market equity, and hedged equity strategies. Managers and current allocations are shown here.

LONGLEAF

Actively managed equity pool that seeks to generate returns through the Longleaf Partners, Longleaf Small Cap, and Longleaf International Funds.

U.S. EQUITY-INDEXED

Pool designed to closely track the returns of the U.S. equity market.

INTERNATIONAL EQUITY-INDEXED

Pool designed to closely track the returns of the international equity markets.

Investment Pools & Returns Investment Pools & Returns