Investments

ACF's primary investment objective is to achieve long-term returns net of investment expenses sufficient to meet or exceed annual spending and inflation.

These returns allow us to grow assets through capital appreciation, preserve the purchasing power of the asset base, and fund ACF’s grantmaking and operations.

We strive to achieve our objective through the prudent management and oversight of a well-diversified portfolio. The majority of ACF’s assets are housed in our investment pools, with a third managed by external asset managers.

Read our policy statement.