The objective of the Balanced Fund is a
combination of capital appreciation and income. The assets of this Fund
will ordinarily be invested in equities, convertibles, and a wide range of
fixed income securities. Currently allocation of the Fund's assets is 70%
equities and 30% fixed income. The equity portion of the fund will mirror
the Growth Fund and the fixed income portion will mirror the Income Fund.
The Fund equity portion is managed with equal emphasis on the following
investment styles: large cap value, large cap growth, international,
mid-cap, and small cap. The funds income portion is managed using three
fixed income investment styles. The return expectation is to outperform a
benchmark composite of the Standard & Poors 500 Index, Morgan Stanley
Capital International World Index, and the Barclay's Aggregate
Currently the asset allocation of the Balanced
fund is 70% equities and 30% fixed income.
You would be interested in investing your endowment monies in the
Balanced Fund if . . .
You want the stock market growth potential with
less risk than if you invested in an all stock portfolio.
You like the flexibility of investing in both
stocks and bonds, seeking the greatest potential for reward.
You want some income return with the added
dimension of long-term growth.
You have a time horizon of 3 - 5 years.
You want four-way diversification designed to
help reduce risk and volatility.
You want stocks and bonds, domestic and
international equities, value and growth style investment management, and
large and mid-cap equities.
You want full-time professional, independent