Fund Performance—Month-end

Month-end | Quarter-end | Calendar Year

Performance, net of fees (as of 05/31/2019) 1,2

 
Annualized Returns
 
Funds1, 2
One
Month
Year-
to-Date
One
Year
Three
Years
Five
Years
Ten
Years
Since
Inception
(1/1/2019)
Assets
(millions)
Fixed Income Fund-I Series 1.15% 5.39% - - - - 5.39% $601
FIF-I Benchmark(3) 1.60% 5.55% - - - - 5.55%
Inflation Protection Fund-I Series 0.59% 4.64% - - - - 4.64% $171
IPF-I Benchmark(3) 1.55% 5.74% - - - - 5.74%
International Equity Fund-I Series -6.16% 9.02% - - - - 9.02% $520
IEF-I Benchmark(3) -5.34% 7.11% - - - - 7.11%
Multiple Asset Fund-I Series -3.81% 8.91% - - - - 8.91% $1,200
MAF-I Benchmark(3) -3.31% 8.04% - - - - 8.04%
Short Term Investment Fund-I Series 0.26% 1.05% - - - - 1.05% $21
STIF-I Benchmark(3) 0.23% 1.02% - - - - 1.02%
U.S. Equity Fund-I Series -6.49% 12.93% - - - - 12.93% $740
USEF-I Benchmark(3) -6.47% 10.92% - - - - 10.92%
U.S. Equity Index Fund-I Series -6.43% 10.71% - - - - 10.71% $56
USEIF-I Benchmark(3) -6.47% 10.92% - - - - 10.92%
U.S. Treasury Inflation Protection Fund-I Series 1.78% 5.45% - - - - 5.45% $67
USTPF-I Benchmark(3) 1.80% 5.53% - - - - 5.53%

Wespath Strategy Performance, Net of Fees (as of 05/31/2019) 1

 
Annualized Returns
 
Strategy Performance1,4
One
Month
Year-
to-Date
One
Year
Three
Years
Five
Years
Ten
Years
Since
Inception5
Assets
(millions)
Fixed Income (FIF) Strategy 1.15% 5.39% 5.85% 3.93% 2.80% 5.23% 5.44% $601
FIF Strategy Benchmark(3) 1.60% 5.55% 6.69% 3.22% 3.06% 4.77% 5.06%
Inflation Protection (IPF) Strategy 0.59% 4.64% 2.39% 3.34% 1.29% 3.79% 3.73% $171
IPF Strategy Benchmark(3) 1.55% 5.74% 4.27% 4.56% 3.06% 4.36% 4.53%
International Equity (IEF) Strategy -6.16% 9.02% -5.99% 8.56% 2.20% 7.03% 6.13% $520
IEF Strategy Benchmark(3) -5.34% 7.11% -7.14% 6.51% 1.45% 6.08% 4.82%
Multiple Asset (MAF) Strategy -3.81% 8.91% 0.83% 8.25% 5.06% 8.92% 6.98% $1,200
MAF Strategy Benchmark(3) -3.31% 8.04% 1.04% 7.51% 5.20% 9.05% 6.63%
Short Term Investment (STIF) Strategy 0.26% 1.05% 2.18% 1.26% 0.80% 0.60% 1.39% $21
STIF Strategy Benchmark(3) 0.23% 1.02% 2.26% 1.32% 0.83% 0.47% 1.36%
U.S. Equity (USEF) Strategy -6.49% 12.93% 2.04% 11.64% 8.91% 13.10% 6.97% $740
USEF Strategy Benchmark(3) -6.47% 10.92% 2.50% 11.55% 9.25% 13.93% 7.14%
U.S. Equity Index (USEIF) Strategy -6.43% 10.71% 2.63% 11.27% - - 8.26% $56
USEIF Strategy Benchmark(3) -6.47% 10.92% 2.50% 11.55% - - 8.64%
U.S. Treasury Inflation Protection (USTPF) Strategy 1.78% 5.45% 4.27% - - - 3.09% $67
USTPF Strategy Benchmark(3) 1.80% 5.53% 4.50% - - - 3.29%

 

1 The performance shown is for the stated time period only. Historical returns are not indicative of future performance.

Investment performance is presented net-of-fees—that is, with the deduction of external investment management fees, custody fees, and administrative and overhead expenses.

The investments of the Funds and Strategies may vary substantially from those in the applicable benchmark. The benchmarks are based on broad-based securities market indices, which are unmanaged and are not subject to fees and expenses typically associated with investment funds. Investments cannot be made directly in an index.

This chart was produced using data from sources believed to be accurate. All information is presented as of May 31, 2019 unless otherwise noted.

2 Please refer to the Investment Funds Description - I Series for more information about each Fund. This information is for informational purposes only and is not an offer to purchase securities. Wespath investment funds are neither insured nor guaranteed by the government.

3 Benchmark descriptions can be found here.

4 The performance presented reflects the historical performance record of the strategy employed by: (a) Wespath Institutional Investments (WII) through funds called the I Series funds available as of January 1, 2019; and (2) an affiliated entity through funds called the P Series funds and available to certain Institutional Investors (as defined below) prior to January 1, 2019. The strategy for the applicable P Series fund before January 1, 2019 and the strategy for the applicable I Series fund have substantially similar investment objectives and investment strategies and are referred to collectively as “the Strategy.” Thus, the Strategy performance presented reflects the actual returns of the applicable P Series fund through December 31, 2018, and the actual returns of the applicable I Series fund from January 1, 2019 onward. The performance of the applicable P Series fund after January 1, 2019 is excluded from the performance of the Strategy because, as of January 1, 2019, all Institutional Investors invest in the Strategy through the I Series fund. The P Series funds are not available to Institutional Investors other than in exceptional circumstances agreed to by the P Series funds adviser.

Historical returns are not indicative of future performance. Except as otherwise noted, the Strategy performance is net-of-fees—that is, with the deduction of investment management fees, custody fees, and administrative and overhead expenses. The I Series funds’ fees and expenses are described in the Investment Funds Description – I Series, and the P Series funds’ fees and expenses are described in the Investment Funds Description - P Series. The performance shown is for the stated time periods only. Differences in timing of transactions and market conditions prevailing at the time of investment could lead to different results. The future performance of the I Series funds may be better or worse than the performance of the P Series funds. Factors that could affect performance differences between the I Series funds and the P Series funds include, but are not limited to, portfolio composition, strategy constraints, investor universe, size of the portfolio, fees, expenses and the timing of cash flows.

Units of the I Series funds are available to organizations related to The United Methodist Church and organized and operated exclusively for religious, educational, benevolent, fraternal, charitable, or reformatory purpose: (1) no part of the net earnings of which inures to the benefit of any private shareholder or individual; or (2) which is or maintains certain pooled income funds, collective trust funds, collective investment vehicles or similar funds for the collective investment and reinvestment of assets of certain designated vehicles available for charitable investments. All such organizations shall qualify as permissible investors in a fund excepted from the definition of “investment company” contained in Section 3(c) (10) of the Investment Company Act of 1940, as amended (and are referred to as “Institutional Investors”). Certain, but not all, Institutional Investors were eligible to invest in the P Series prior to January 1, 2019.

5 The inception date for the Multiple Asset Strategy and Short Term Investment Strategy is April 30, 2002, for the Inflation Protection Strategy is January 5, 2004, for the U.S. Treasury Inflation Protection Strategy is June 30, 2017, for the U.S. Equity Index Strategy is December 31, 2014, and for the remaining Strategies is December 31, 1997.

 

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