

Appleton, WI April 19, 2022 — The Endowment Index® calculated by Nasdaq OMX® (Symbol: ENDOW) declined 6.32% (on a total return basis), for the quarter ended March 31, 2022, which compares to a Global 60-40 portfolio which declined 5.62% for the same period.
The top performing component of the Index for Q1 2022 was oil & gas, which gained 38.51%. The other gainers were commodities, metals & mining, publicly traded MLPs, and gold. Private equity was the worst performing component for the Index, posting a loss of -15.73% for the quarter. The other two primary laggards were emerging markets equity – China & emerging markets fixed income, posting losses of -14.64% & -9.17%, respectively.
The Index’s annual reconstitution and rebalancing was completed during Q1 2022. The broad allocations between equities, fixed income & alternatives changed slightly, with equities reduced by 2%, fixed income reduced by 1% and the allocation to alternatives increased by 3%.
The Endowment Index® calculated by Nasdaq OMX® (Symbol: ENDOW) closed at 1,610.84 Friday, declining 1.86% from the previous Friday’s close of 1,641.35.
The Endowment Index® represents the investable opportunity for managers of portfolios utilizing the Endowment Investment Philosophy® or otherwise incorporate alternative investments within a comprehensive asset allocation strategy. The Endowment Index® measures performance for a multi-asset, globally-diversified, three-dimensional portfolio that includes Global Equity, Global Income, and Alternative Investments (like Private Equity, Hedge Funds and Real Assets). The Index uses an objective, rules-based construction methodology based upon the portfolio allocations of over 700 educational institutions managing over $820 billion in total assets as of 6/30/2021. Each of the 22 sub-indexes that currently comprise the index are investable, and contained within those sub-indexes are over 48,000 underlying securities. You can obtain real-time pricing data on the Endowment Index® under the symbol “ENDOW” through major quote providers, including Bloomberg, Google Finance and others. The Morningstar® Index ID for the Endowment Index® is F00000TPG6.
Past performance is not necessarily indicative of future results. You cannot invest directly in an index. Indexes do not contain fees.
The Endowment Index® calculated by Nasdaq OMX® (Symbol: ENDOW) closed at 1,630.09 Friday, declining 0.20% from the previous Friday’s close of 1,633.35.
The Endowment Index® represents the investable opportunity for managers of portfolios utilizing the Endowment Investment Philosophy® or otherwise incorporate alternative investments within a comprehensive asset allocation strategy. The Endowment Index® measures performance for a multi-asset, globally-diversified, three-dimensional portfolio that includes Global Equity, Global Income, and Alternative Investments (like Private Equity, Hedge Funds and Real Assets). The Index uses an objective, rules-based construction methodology based upon the portfolio allocations of over 700 educational institutions managing over $637 billion in total assets as of 6/30/2020. Each of the 22 sub-indexes that currently comprise the index are investable, and contained within those sub-indexes are over 47,000 underlying securities. You can obtain real-time pricing data on the Endowment Index® under the symbol “ENDOW” through major quote providers, including Bloomberg, Google Finance and others. The Morningstar® Index ID for the Endowment Index® is F00000TPG6.
Past performance is not necessarily indicative of future results. You cannot invest directly in an index. Indexes do not contain fees.