Investment performance for funds available under the Emory University retirement plan
The following table shows the rates of return for the funds that are currently available under the Emory University retirement plan for the one-, five- and 10-year periods ending on June 30, 1996. These rates of return were computed by persons managing these funds. Emory has neither independently verified the accuracy of these computations, nor confirmed that each such person used the same methodology to determine rates of return. The table is intended to give an overview of the relative performance of these funds. Employees should carefully review the most recent prospectus for each fund before making any decisions concerning the investment of their annuity contracts and custodial accounts under the plan.
Average Annual Rate of Return | ||||
---|---|---|---|---|
Years Ended June 30, 1996 | ||||
Issuer | Fund Name | One Year | Five Years | 10 Years |
MONEY MARKET FUNDS | ||||
CREF | Money market | 5.47 | 4.45 | n/a |
FIDELITY | Retirement Government | 5.44 | 4.30 n/a | |
VANGUARD | Prime Portfolio | 5.49 | 4.41 | 6.02 |
91 Day Treasury Bill Index-Money Market | 5.41 | 4.43 | 5.79 | |
BOND FUNDS-U.S. | ||||
CREF | Bond Market | 4.48 | 8.31 | n/a |
FIDELITY | Intermediate Bond | 4.52 | 7.62 | 7.51 |
FIDELITY | Investment Grade Bond | 4.25 | 8.73 | 8.10 |
FIDELITY | GNMA-(Mortgages) | 5.48 | 7.16 | 7.97 |
VANGUARD | GNMA-(Mortgages) | 5.80 | 7.92 | 8.77 |
VANGUARD | Short-Term Corporate Bond | 5.67 | 7.09 | 7.71 |
VANGUARD | Long-Term Corporate Bond | 4.42 | 10.42 | 9.58 |
VANGUARD | Long-Term U.S. Treasury Bond | 3.11 | 10.15 | 8.59 |
VANGUARD | Total Bond Market Portfolio | 4.97 | 8.08 | n/a |
Lehman Brothers U.S. Aggregate Bond Index-U.S. Bonds | 5.02 | 8.26 | 8.55 | |
BONDS FUNDS-GLOBAL | ||||
FIDELITY | Global Bond | 0.26 | 4.19 | n/a |
Salomon World Government Bond Index-Global Bonds | 0.36 | 10.88 | 9.73 | |
STOCK FUNDS-U.S. | ||||
CREF | Stock | 23.44 | 14.55 | 12.83 |
CREF | Growth | 26.31 | n/a | n/a |
CREF | Equity Index | 25.44 | n/a | n/a |
FIDELITY | Growth Company | 24.03 | 18.18 | 15.43 |
FIDELITY | Value | 24.97 | 19.25 | 12.87 |
FIDELITY | Magellan | 12.04 | 16.70 | 14.70 |
FIDELITY | Contrafund | 23.11 | 20.49 | 18.65 |
FIDELITY | Disciplined Equity | 17.64 | 16.41 | n/a |
FIDELITY | Growth and Income | 27.78 | 18.03 | 15.89 |
FIDELITY | OTC-(Small Companies) | 21.36 | 17.58 | 14.06 |
VANGUARD | U.S. Growth | 31.28 | 15.57 | 12.76 |
VANGUARD | Primecap | 17.45 | 18.65 | 14.46 |
VANGUARD | Windsor II | 28.61 | 16.37 | 13.24 |
VANGUARD | Total Stock Market | 25.27 | n/a | n/a |
VANGUARD | Index S&P 500 | 25.91 | 15.56 | 13.54 |
Dow Jones Industrial Average Index-U.S. Stocks | 27.01 | 17.42 | 15.22 | |
S&P 500 Index-U.S. Stocks | 26.00 | 15.73 | 13.80 | |
NASDAQ Composite Index-U.S. Stocks (Small Companies) | 26.95 | 20.02 | 11.32 | |
STOCKS FUNDS-GLOBAL & INTERNATIONAL | ||||
CREF | Global Equities | 18.31 | n/a | n/a |
FIDELITY | Worldwide | 11.95 | 14.10 | n/a |
FIDELITY | Overseas | 12.84 | 10.33 | 9.75 |
FIDELITY | Pacific Basin | 8.22 | 8.03 | n/a |
VANGUARD | International Index-Emerging Markets | 15.43 | n/a | n/a |
VANGUARD | International Growth | 17.95 | 12.31 | 11.14 |
VANGUARD | International Index Pacific | 12.61 | 7.17 | n/a |
VANGUARD | International Index European | 14.82 | 13.98 | n/a |
MSCI World Index-Global Stocks | 18.44 | 11.95 | 11.00 | |
MSCI Europe, Australia & Far East (EAFE) | 13.28 | 9.99 | 10.25 | |
Index-International Stocks | ||||
BALANCED FUNDS-U.S. STOCKS & BONDS | ||||
CREF | Social Choice | 16.85 | 13.27 | n/a |
FIDELITY | Puritan | 15.97 | 14.93 | 12.07 |
FIDELITY | Equity-Income | 24.00 | 17.62 | 12.38 |
VANGUARD | Life Strategy-Growth Portfolio | 19.50 | n/a | n/a |
VANGUARD | Life Strategy-Income Portfolio | 9.88 | n/a | n/a |
VANGUARD | Life Strategy-Conservative Portfolio | 13.05 | n/a | n/a |
VANGUARD | Life Strategy-Moderate Growth | 16.38 | n/a | n/a |
VANGUARD | Wellington | 18.31 | 13.65 | 11.62 | ASSET ALLOCATION FUNDS |
FIDELITY | Asset Manager | 13.59 | 11.65 | n/a |
FIDELITY | Asset Manager: Growth | 17.73 | n/a | n/a |
ANNUITY FUNDS | ||||
TIAA | Annuity | 7.01 | 7.78 | 8.33 |
1.The "n/a" indicates that the fund has not been in existence for that particular period of time.