Summary of Investment Programs

Cash Concentration Pool (CCP)

  • $1.5 billion in assets 5/31/08
  • 6.5% annualized 3-year return 5/31/08
  • 7.0% annualized 5-year return 5/31/08
  • 6.4% annualized 10-year return 5/31/08

System Endowment Fund (SEF) (Search)

  • $793 million in assets 5/31/08
  • 10.8% annualized 3-year return 5/31/08
  • 12.3% annualized 5-year return 5/31/08
  • 8.2% annualized 10-year return 5/31/08