Financials

Management Strategy

• Account professionally managed by Washington Trust Bank.
• Funds invested per allocation guidelines defined in the statement of Investment Policy.
• Investment objective: balanced growth.
• Target asset allocation: 65% diversified equities; 35% fixed income and cash.
• Account fully invested.
• Investment horizon; long term.
• Washington Trust Bank investment manager monitors all of the various asset classes that exist in the investment universe and evaluates any additional asset classes that should be added or deleted to the Foundation's core investment account.
• Periodic reviews of asset allocations and performance are held with the bank investment manager.
• Foundation pays a 0.90% management fee for assets under management.

Learn more about UCA Foundation finances