FYI: Over the past 25 years, prominent endowments have made headlines with their remarkable performance. Not surprisingly, many advisors aspire to replicate the results achieved by the top endowments for their clients. But is it realistic?
For the past 15 years, when the results from the annual NACUBO-Commonfund study become available, I've compared how a broadly diversified, low-cost balanced portfolio would have performed against the endowment universe.
The two charts below (shorter term and longer term) are the results from the 2017 NACUBO study relative to a 60% stock/40% bond portfolio.
Regards,
Ted
http://www.etf.com/sections/etf-industry-perspective/vanguard-can-you-replicate-results-top-endowments?EXCMPGN=EX:PC:FAS:Sustaining