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Investment Committee | Fund Managers and Advisors
The strategy of our Investment Program is to achieve a total rate of return that will allow the Community Foundation to respond to today's needs and assure the long-term growth necessary to respond to future needs. Our investment program benefits from the expertise of a highly-qualified Investment Committee. Appointed by the Board and chaired by a Board member, the Committee meets regularly to review and rebalance our portfolios. The Investment Committee evaluates our fund managers' performance relative to benchmarks and reports our overall investment performance to Board of Directors (see Fund Managers and Advisors).
An independent advisor, Arnerich Massena & Associates, guides, monitors, and oversees investments. This firm monitors investment performance, researching and recommending specific allocations. Arnerich Massena receives payment on a flat fee basis. That is, the firm does not receive a commission on investments made. The invested funds are held at Union Bank of California. The Bank has no authority over investment choices.
This separation of investment advice from day-to-day custody, coupled with the expertise of the Investment Committee, ensures that the Community Foundation receives the highest quality advice and management of its investment portfolios.
Available for download:
 Summary of Investment Performance
Official Investment Policy
For instructions on how to download PDF file links, please click here.
Investment Committee | Fund Managers and Advisors
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