Investment Partners may open multiple accounts in any of our three funds. Each account owns a specified number of Investment Units in the given fund. Each account is accounted for separately and participates on a pro rata basis in any earned income and capital appreciation or depreciation of the fund.
In the Foundation’s Balanced Fund investment option (its long-term investment option, assets are actively managed in a much larger pool of assets, currently totaling over $ 89 million (as of December 31, 2006). This fund has returned just over $ 78.5 million in total disbursements to Foundation Investment Partners during the past 15 years while simultaneously growing the overall value of the Balanced Fund by $ 52 million. Over the past 25 years, this fund has provided churches an average annual return of 9.64%, net of all fees. This has allowed churches to benefit from a pre-determined annual distribution (currently 5%) while continuing to increase fund account principal with additional earnings.
|
Year |
Total Earnings |
Average Ending |
Return |
|
1991 |
$ 4,261,498 |
$ 32,645,216 |
13.05 % |
|
1992 |
$ 2,786,545 |
$ 35,089,701 |
7.94 % |
|
1993 |
$ 4,093,850 |
$ 38,004,948 |
10.77 % |
|
1994 |
$ 250,290 |
$ 39,183,234 |
0.64 % |
|
1995 |
$ 7,744,649 |
$ 41,913,111 |
18.48 % |
|
1996 |
$ 5,930,859 |
$ 46,684,934 |
12.70 % |
|
1997 |
$ 8,634,502 |
$ 54,606,648 |
15.81 % |
|
1998 |
$ 5,889,430 |
$ 64,245,175 |
9.17 % |
|
1999 |
$ 5,925,713 |
$ 64,370,856 |
9.21 % |
|
2000 |
$ 2,718,129 |
$ 63,534,752 |
4.28 % |
|
2001 |
$ - 2,412,119 |
$ 59,556,153 |
- 4.05 % |
|
2002 |
$ - 5,157,797 |
$ 57,397,044 |
- 8.99 % |
|
2003 |
$ 10,557,101 |
$ 55,889,940 |
18.89 % |
|
2004 |
$ 5,631,752 |
$ 64,954,340 |
8.67 % |
|
2005 |
$ 3,784,056 |
$ 70,962,121 |
5.33 % |
| 2006 | $ 8,815,115 | $ 84,281,046 | 10.46 % |
Printable version of Balanced Fund Returns (pdf)
The above figures accurately represent the Total Return on Investment (net of all fees) for the Foundation's Balanced Fund investments for the stated periods. These figures are not an indication of future earnings or future fund performance.
2006 Unit Value: $3.62
This fund was created January 1, 2007 and offers a socially-responsible option for short term dollars. UMF anticipates that the Short Term Investment Fund will offer a potential increase in total return for account holders when compared against other short-term rates. Deposits and withdrawals can be made on a monthly basis, providing the flexibility often needed in such an account. If the fund had been available in 2006, the annualized return rate would have been 4.11% after the Foundation’s administrative fee was deducted.
The Foundation's Fixed Income Fund contains 100% high grade, inflation protected corporate and government treasuries (Treasury Inflation-Protected Securities & Corporate Inflation-Protected Securities). This portfolio is designed for church assets being invested for shorter durations of time (3 – 5 years) or situations where the preference is for less exposure to the marketplace risks of equity investments. UMF has two money managers handling this customized portfolio. The 2006 total rate of return (net of all fees) for this fund was 1.83%.
Please note, this earnings history is not an indication of future investment performance.