Endowment Funds - Summary—University of Missouri Investment Pools

Endowment Pools
Fund	Investment Objective	Asset Classes	Spending Policy
Balanced Pool	Maximize total return and preserve purchasing power	U.S. and international stocks, global bonds, high yield bonds, bank loans, real estate, private equity, absolute return funds, and Treasury Inflation-Protected Securities (TIPS)	5% of 12-quarter avg. market value with cap and floor
Fixed Income Pool	Maximize current income	Bonds	Net income

Planned Giving Pools
Fund	Investment Objective	Asset Classes	Spending Policy
Charitable Gift Annuities	Maximize total return while providing income for donors during their lifetime	Stocks and bonds	Stated payout
Pooled Income Fund	Maximize current income for donors during their lifetime	Bonds	Net income
Commingled Unitrust Pool	Maximize total return while providing income for donors during their lifetime	Stocks and bonds	Stated %
Net Income Commingled Unitrust Pool	Maximize current income for donors during their lifetime	Stocks and bonds	Stated % or net income, whichever is less

Reviewed 2011-02-21.