Study: Operating Charity Investment Returns Rise to an Average of 15.1 Percent in Fiscal Year 2013

Asset Allocation

At December 31, 2013, participating institutions' asset allocations (with comparable FY2012 returns in parentheses) were:

Domestic equities: 25 percent (22 percent)

Fixed income: 20 percent (22 percent)

International equities: 20 percent (19 percent)

Alternative strategies: 28 percent (31 percent)