Source: http://digital.ncdcr.gov/cdm/ref/collection/p16062coll9/id/459690/
Timestamp: 2020-02-21 06:41:58
Document Index: 54772388

Matched Legal Cases: ['arts 3', 'arts 5', 'arts 3', 'art 3', 'art 4', 'arts 5', 'art 5']

470715.pdfpage
including the North Carolina Teachers’ and State Employees’ Benefit Trust, the North Carolina Employee Disability Fund, the State Treasurer’s Escheat Fund, various Educational Trust Funds, the State Property Fire Insurance Fund, the Workmen’s Compensation Funds, the Insured Student Loan Pro- gram and the Wildlife Endowment Fund.
Trust Fund assets under management reached a total of $8.9 billion on June 30, 1985. The composite average annualized yield was 10.43% . Charts 3 and 4 show the Invested Funds and the Rate of Return since 1981.
TRUST FUND INVESTMENTS
Billions of Invested Funds
Percent Rate of Return
The investment objectives of both the Cash Management and the Trust Fund Programs are achieved through participation in one or more invest- ment funds or “pools” established by the Treasurer as authorized by State law. These are:
The Liquid Asset Fund The Short-term Investment Fund The Long-term Investment Fund The Equity Investment Fund The Real Estate Investment Fund The Trust Fund Investment Program participates in the investment pools, in accordance with the needs and statutory authority of the individual funds. The cost of the investment management function is shared equitably, in the ratio of each fund’s participation.
Charts 5 and 6 illustrate the Distribution of Assets by Investment Fund and Distribution of Investments by Participants.
DISTRIBUTION OF ASSETS BY INVESTMENT FUND June 30, 1985
Total Assets = $10,823,537,887
Full Text including the North Carolina Teachers’ and State Employees’ Benefit Trust, the North Carolina Employee Disability Fund, the State Treasurer’s Escheat Fund, various Educational Trust Funds, the State Property Fire Insurance Fund, the Workmen’s Compensation Funds, the Insured Student Loan Pro- gram and the Wildlife Endowment Fund. Trust Fund assets under management reached a total of $8.9 billion on June 30, 1985. The composite average annualized yield was 10.43% . Charts 3 and 4 show the Invested Funds and the Rate of Return since 1981. TRUST FUND INVESTMENTS Chart 3 Billions of Invested Funds 1981 1982 1983 1984 1985 Chart 4 Percent Rate of Return 1981 1982 1983 1984 1985 The investment objectives of both the Cash Management and the Trust Fund Programs are achieved through participation in one or more invest- ment funds or “pools” established by the Treasurer as authorized by State law. These are: The Liquid Asset Fund The Short-term Investment Fund The Long-term Investment Fund The Equity Investment Fund The Real Estate Investment Fund The Trust Fund Investment Program participates in the investment pools, in accordance with the needs and statutory authority of the individual funds. The cost of the investment management function is shared equitably, in the ratio of each fund’s participation. Charts 5 and 6 illustrate the Distribution of Assets by Investment Fund and Distribution of Investments by Participants. Chart 5 DISTRIBUTION OF ASSETS BY INVESTMENT FUND June 30, 1985 .8% Total Assets = $10,823,537,887 13