There is no guarantee funds will achieve these returns. Salomon Broad Investment Grade Bond 7.5 6.9 3.1 3.1 Merrill Lynch 91-day Treasury Bills 5.4 5.4 1.5 1.5 Returns are net of expenses. Past performance does not guarantee future results. Funds include international investments. ELCA Institutional stock funds have a target investment allocation of 60 percent to 70 percent U.S. equities and 30 percent non-U.S. equities, with up to 10 percent private market stocks.
Returns are gross of expenses.
Performance indexes blend market indexes to reflect the asset allocation investment strategy of each ELCA fund. They are provided for comparison purposes to measure investment performance. There is no guarantee funds will achieve these returns. Reflects the Merrill Lynch 91-day Treasury Bill Index. Returns are gross of expenses, and annualized for periods greater than one year.