Common Trust Funds*
The investment objective is to seek a higher and more sustainable level of interest income and not long-term growth in capital.
The targeted allocation is 100% in fixed income holdings of U.S. government or U.S. government agencies with a 60% target allocation to U.S. agency mortgage-backed securities and 40% to U.S. short-term treasury securities. The Fund can hold up to 20% in Treasury Inflation Protected Securities (TIPS). At management’s discretion, in response to certain changing interest rate environments and markets, the Fund may hold up to 100% in cash or cash equivalents.
An investor with at least a 3-5 year time horizon who desires a high level of interest income.
Calendar Year Total Returns as of 12/31/2021**
*The Common Trust Funds are invested in mutual funds selected by the Brethren in Christ Foundation. The Foundation will also select the mutual fund money market or bank money market for the Money Market Common Trust Fund.
**Past performance is no guarantee of future results.
Inception Date 7/10/02