spring 2002 to the investment committee of smu board trustees southern methodist university endowment fund provides support for scholarships departments and other operating expenses although is divided into three major groups majority s funds are in balanced pool as may 31 2001 entire had a market value 872 388 000 portion that undergraduate students manage anne rife cox which has 2 362 785 overall objective preserve purchasing power while providing predictable stable inflation adjusted stream earnings consistent with spending requirements order meet this our target return will be an average annual total 9 per year another quantitative outperform blended benchmark 82 5 russell 3000 17 government credit index over rolling five periods final performance goal rank top third nacubo universe college returns time horizon portfolio
