Investments > Policy

As good stewards of the community's endowments, VCCF provides active monitoring and oversight of donor's funds. The Board of Directors has appointed an Investment Committee of community leaders with experience and knowledge in the investment world.

To further ensure professional competence in the administration of the funds and to provide constant supervision and prompt action as appropriate, an independent Investment Consultant has been engaged. VCCF's Consultant assists the Committee in the selection of independent Investment Managers and in the establishment of prudent investment objectives and asset allocation guidelines. The Consultant also provides objective performance measurement and evaluation reporting for each Investment Manager as well as for the total fund on a quarterly basis.

VCCF's endowment portfolio is allocated to 60.0% equities, 25.0% fixed income and 15.0% alternative investments. Our investment managers are diversified and are listed below:

VCCF Investment Policies PDF

VCCF Long-term Investment Pool

VCCF endowment funds are governed by the VCCF Investment policy, reviewed annually by the Investment Committee and approved by the VCCF Board of Directors. Current policy is to adjust (given performance and influx of new funds) asset allocation of the overall portfolio to phase 3 targets by 12/10 subject to discretion of the Investment committee.