Endowment IndexTM Up For Week Ended 8/28/2015

By admin
In August 28, 2015

The Endowment IndexTM calculated by Nasdaq OMX® (Symbol: ENDOW) finished the holiday shortened week today  at 1,002.09, up from last Friday’s close on 9/4/2015 of 981.85.

The Endowment IndexTM represents the investable opportunity for managers of portfolios utilizing the Endowment Investment PhilosophyTM or otherwise incorporate alternative investments within a comprehensive asset allocation strategy. The Endowment IndexTM measures performance for a multi-asset, globally-diversified, three-dimensional portfolio that includes Global Equity, Global Income, and Alternative Investments (like Private Equity, Hedge Funds and Real Assets). The Index uses an objective, rules-based construction methodology based upon the portfolio allocations of over 800 educational institutions managing over $500 billion in total assets. Each of the 19 sub-indexes that currently comprise the index are investable, and contained within those sub-indexes are over 30,000 underlying securities. You can obtain real-time pricing data on the Endowment IndexTM under the symbol “ENDOW” through major quote providers, including Bloomberg, Google Finance and others. The Morningstar® Index ID for the Endowment IndexTM is F00000TPG6.

Past performance is not necessarily indicative of future results. You cannot invest directly in an index. Indexes do not have fees.