Our Portfolios
Below, you'll find the details of our current managed portfolio options.
Charityvest offers two investment portfolio options: Core and ESG.
Our Core Portfolio is built using Vanguard Select ETFs. These ETFs are selected by Vanguard’s Portfolio Review Department as ideal choices for portfolio building blocks because of their broad exposure to the indices they track, low expense ratios, and high daily liquidity. Learn more about Vanguard Select ETFs here.
Our ESG Portfolio offers similar diversification as our Core portfolio, but provides an opportunity for donors to invest more heavily in companies with leading Environmental, Social, and Governance practices, while removing exposure to companies who participate in objectionable or controversial industries. To construct our ESG Portfolio, we use ETFs from the BlackRock iShares Advanced ESG suite and broader Sustainable Spectrum product line, which offers comparable underlying indices as our Core Portfolio, at a very modest expense ratio premium.
Here are the assets which make up our current two-portfolio lineup, with expense ratios as of September 1, 2021 in parenthesis:
Asset Class | Core Portfolio | ESG Portfolio |
US Equities | ||
Developed Market Equities | ||
Emerging Market Equities | ||
US Fixed Income | ||
International Fixed Income | ||
Ultra-Short Duration Fixed Income |
For each of these portfolios, we offer four asset allocation choices: Conservative, Balanced, Growth, and Custom which is fully donor-advised.
Asset Class | Conserv. | Balanced | Growth | Custom |
US Equities | 22.5% | 40% | 45% | Donor-advised |
Developed Market Equities | 7.5% | 15% | 17.5% | Donor-advised |
Emerging Market Equities | 0% | 5% | 7.5% | Donor-advised |
US Fixed Income | 35% | 20% | 15% | Donor-advised |
International Fixed Income | 0% | 0% | 0% | Donor-advised |
Ultra-Short Duration Fixed Income | 35% | 20% | 15% | Donor-advised |
As of September 1, 2021, our blended expense ratios per portfolio were approximately:
| Core Portfolio | ESG Portfolio |
Growth | 0.05% | 0.11% |
Balanced | 0.05% | 0.11% |
Conservative | 0.06% | 0.11% |
As of September 1, 2021, the five-year historical CAGR of the Core portfolio, rebalanced monthly, was:
Allocation | Core |
Growth | 10.61% |
Balanced | 9.26% |
Conservative | 6.60% |
$VUSB has been replaced with $ULST for purposes of the above five-year backtest.
Dividend activity accrues to your account value, but is not recorded as individual dividend transactions in your activity.
Managed asset allocations may see target allocations shift from time to time, at the discretion of the Charityvest, Inc. Investment Committee. Because all assets in donor-advised funds are legally owned and controlled by Charityvest, Inc., investment portfolio construction and available securities are subject to the ongoing review and approval of the Charityvest, Inc. Board of Trustees.
Last modified 11d ago