our investment strategy

The Board of Directors of the MCG Foundation has the overall responsibility to manage the Foundation's assets. In making and implementing investment decisions, the Board has the responsibility to:

  • Diversity the investments of the Foundation in order to reduce risk
  • Act with prudence in deciding whether and how to delegate authority and in the selection and supervision of agents; and
  • Incur only the costs that are reasonable in amount and appropriate given the responsibilities of the agents.

The Foundation’s investment of funds is administered by an Investment Committee appointed by the
Executive Committee of the Board of Directors. The Investment Committee is delegated the duty of
investing the assets of the Foundation as a prudent investor would given the distribution requirements,
purposes, and circumstances of the Foundation. This prudent investor standard requires the exercise of
reasonable care, skill, and caution, and is to be applied to investments not in isolation, but in the context of
the Foundation portfolio as a whole, and as part of an investment strategy which incorporate risk and return
objectives reasonably suitable to the Foundation.

Investment Objectives

The Foundation's investment objectives include:

  • A total net return on investments which exceeds the rate of inflation (Consumer Price Index) plus 5.0% over the long term.
  • A long-term total return on investments, net of expenses, that is equal to or exceeds selected appropriate investment benchmarks for each class of investments.
  • Maintenance of sufficient liquidity to fund current programs.
  • Preservation of principal of the assets over the long term.

To review the Foundation's full investment policy, please use this link or contact us.