The Foundation currently invests in a pool of actively managed mutual funds, selected and monitored by the HBF Investment Committee. The funds are screened for companies known to be involved with alcoholic beverages, tobacco, gambling, and other objectionable products and services.
The pool is constructed of mutual funds that collectively stress quality, diversification, and flexibility, along with income across global fixed income sectors. The Foundation’s goal is to balance income and long-term capital appreciation.
The returns of the fixed income portfolio, as presently constructed, would have averaged over 7% returns over the past ten years. Past returns are no guarantee of future returns.