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Long-Term Investment Pool Rates and Payout Information Current Year
The Long-Term Investment Pool (LTIP) is similar to a mutual fund and includes both domestic and global investments. All securities are handled by outside managers. Funds include true endowments, funds functioning as endowments, and other expendable funds that are not expected to be spent for at least three years. The objective of the pool is to produce a reasonable return coupled with capital appreciation.
FY2008 LTIP SHARE RATES (Unaudited)
|
Month Ending |
Market Value Per Unit |
Market Value |
Permanent Shares |
|
Jul 2007 |
$65.81332 |
$5,186,616,309 |
78,808,002 |
|
Aug 2007 |
$65.74418 |
$5,192,395,870 |
78,978,786 |
|
Sep 2007 |
$67.40689 |
$5,341,439,535 |
79,241,749 |
|
Oct 2007 |
$69.08630 |
$5,490,993,262 |
79,480,210 |
|
Nov 2007 |
$67.72018 |
$5,397,400,135 |
79,701,508 |
|
Dec 2007 |
$67.72207 |
$5,430,088,192 |
80,181,956 |
|
Jan 2008 |
$65.57171 |
$5,307,078,403 |
80,935,485 |
|
Feb 2008 |
$66.23585 |
$5,372,305,893 |
81,108,729 |
|
Mar 2008 |
$65.27593 |
$5,298,484,279 |
81,170,569 |
|
Apr 2008 |
$66.57846 |
$5,427,428,946 |
81,519,297 |
|
May 2008 |
$67.10301 |
$5,500,699,244 |
81,973,959 |
|
Jun 2008 |
|
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PAYOUT
The payout for the Long-Term Investment Pool (LTIP) is set annually by the Board of Trustees based on a payout policy adopted in 1998-1999.
Beginning in July 2004 (FY2005), LTIP payout posts monthly based on one-twelfth of the annual payout and an account's beginning-of-month permanent share position.
|
FY |
Payout Rate |
| FY 2008 |
$2.66 |
| FY 2009 |
$3.00 |
|
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