1.23 v 3.45: YTD, Endowment IndexTM Picks Up Where S&P 500 Leaves Off

By admin
In July 1, 2015

The Endowment IndexTM calculated by Nasdaq OMX® ended the first half with a gain of 3.45% vs. the S&P 500, which ended the first half with a gain of 1.23%.  For the second quarter, the Endowment IndexTM gained 0.52%, while the S&P 500 gained 0.28%.

The Endowment IndexTM utilizes a rules-based methodology to measure performance of an average university endowment portfolio utilizing asset allocation data collected from over 800 college and university endowments.

Past performance is not necessarily indicative of future results. You cannot invest directly in an index. Indexes do not have fees. Back-tested results are calculated by the retroactive application of a model constructed on the basis of historical data and based on assumptions integral to the model which may or may not be testable and are subject to losses. Back-tested performance is developed with the benefit of hindsight and has inherent limitations.