Photo Credit : Helena Kubicka de Bragança, courtesy the Cathedral of St. John the Divine
CURRENT NET ASSET VALUES
The Trustees of the Estate and Property
of the Diocesan Convention of New York
Diocesan Investment Trust
December 31, 2018
| DIT FUND NET ASSET VALUE |
|---|
| The DIT Fund | NAV per share | Dividend per share |
|---|---|---|
| 12/31/2018 | $113.7265 | $1.1526 |
| DIT FUND NET ASSET VALUE |
|---|
| The DIT Fund | NAV per share | Dividend per share |
|---|---|---|
| 12/31/2018 | $113.7265 | $1.1526 |
| DIT FUND PERFORMANCE SUMMARY (1) |
|---|
| Month | MTD | CYTD | QTR | 1 Year | 3 Years | 5 Years |
|---|---|---|---|---|---|---|
| 12/31/2018 | -4.15% | -6.08% | -8.27% | -6.08% | 4.65% | 3.32% |
| DIT FUND PERFORMANCE SUMMARY (1) |
|---|
| Month | MTD | CYTD | QTR | 1 Year | 3 Years | 5 Years |
|---|---|---|---|---|---|---|
| 12/31/2018 | -4.15% | -6.08% | -8.27% | -6.08% | 4.65% | 3.32% |
| Benchmark Summary | MTD | CYTD | QTR | 1 Year | 3 Years | 5 Years |
|---|---|---|---|---|---|---|
| Total Common Fund Portfolio (2) | -4.15% | -6.08% | -8.27% | -6.08% | 4.65% | 3.32% |
| Commonfund Policy Benchmark (5) | -4.15% | -6.08% | -8.27% | -6.08% | 4.65% | 3.32% |
| MSCI ACWI (3,4) | -4.15% | -6.08% | -8.27% | -6.08% | 4.65% | 3.32% |
| 12/31/2018 | -4.15% | -6.08% | -8.27% | -6.08% | 4.65% | 3.32% |
| 12/31/2018 | -4.15% | -6.08% | -8.27% | -6.08% | 4.65% | 3.32% |
(1) Returns net of all Commonfund and manager fees and DIT administration and custody expenses
(2) Returns net of all Commonfund and manager fees (but not the DIT administration and custody expenses)
(3) The Diocesan Investment Trust has decided to use the Morgan Stanley Capital International All Country World Index (MSCI ACWI) as the primary equity benchmark for overall equity performance comparison purposes. The MSCI ACWI seeks to represent the performance of stocks in all markets globally where they are traded and reflects more accurately than the S&P 500 the globally diverse nature of equity investments of the DIT.
(4) The composition of the MSCI ACWI is approximately 45% U.S., 45% non-U.S. developed markets and 10% emerging markets.
(5) Policy Benchmark Definition: 5/1/2009 to 6/30/2013 S&P 500 17.0; Russell 3000 15.0; Russell 2000 3.0; MSCI World ex U.S. 10.0; MSCI EMF Net 5.0; Barclays Capital US Aggregate Bond Index 12.5; Barclays US Inflation-Linked Index 2.0; Citigroup World Govt. Bond Index 3.0; 3 Month T-bill 5.0; Dow Jones UBS Commodity Index 5.0; Absolute 11% 5.0; HFRI FOF Conservative Index 5.0; HFRI Equity Hedge Index 12.5 07/01/2013 to 07/31/2013 Barclays Capital US Aggregate Bond Index 12.5;Barclays US Inflation-Linked Index 2.0;Citigroup World Govt. Bond Index 3.0; 3 month T-bill 5.0;Dow Jones UBS Commodity Index 5.0; HFRI FOF Composite Index 17.5;MSCI AC World Index Net 55.0
10/01/2017 to present Bloomberg Barclays Capital US Aggregate Bond Index 20.0;3-month T-bill 5.0;HFRI FOF Conservative Index 12.0;MSCI AC World Index Net 58.0;S&P Global Large Midcap Commodity 5.0