Endowment Fund Growth History

| Portfolio | 1 yr | 3 yrs | 5 yrs | 10 yrs |
|---|---|---|---|---|
| AV福利社 Portfolio* | 10.4 | 9.5 | 11.4 | 8.6 |
| Policy Benchmark** | 11.7 | 10.9 | 10.6 | 8.6 |
| Global 60/40 | 12.1 | 11.4 | 7.9 | 6.9 |
*Performance is net of all fees and expenses.
**The Policy Benchmark is a weighted average of market indexes that represent each asset class in the endowment's policy asset allocation.
