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The investment policy of the Oklahoma City Community Foundation calls for a portfolio of stocks and bonds that is highly diversified. Capital preservation, protection against inflation and long term growth are the fundamental objectives of our investment strategy. Asset allocation and investment discipline are critical elements for good long-term investment performance. Responsibility for investment policy and manager selection rests with a seven-member investment committee composed of four Trustees or former Trustees and three non-Trustee Oklahoma City community leaders with strong investment expertise. The investment committee for Fiscal Year 2007 was chaired by Paul Dudman and included Kenneth Brown, James Daniel, Steven C. Davis, James H. Holloman Jr., Jenee Lister and William Shdeed. Serving in an ex officio capacity were Kirkland Hall, Edward Barth, Christian K. Keesee, John Linehan and Stephen Mason. This committee, along with investment counsel, James Hotchkiss and Associates, determined asset allocation between equities and fixed income. Currently, the target percentage of the general pool invested in equities is 65 percent with 35 percent in fixed income investments. To provide diversity in the portfolio, the committee addresses allocation as to different styles of equity management and choose style specific professional investment managers. Investment portfolios and performance are reviewed quarterly by the investment committee, with the managers being judged on a time horizon of three to five years. The benchmark used for the general investment pool return is a weighted average of S&P500 index (65 percent) and the Lehman Intermediate Government Credit Index (35 percent). Individual managers are compared to style specific market indices. The following is a PDF(read by Adobe Acrobat - version 4.0 or higher.)
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©1999-2008 Oklahoma City Community Foundation. All Rights Reserved.
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Investment Structure and Performance