Tag: Endowment Index
Its performance just beat the 6.11% gain posted by a 60/40 stock/bond portfolio.
Despite 10.14% rise during 2020, the index still underperformed a 60/40 stock-bond portfolio.
Index jumps 15.40% after plunging more than 20% during the first quarter.
Index falls 0.41% during quarter, while S&P 500 gains 3.43%.
Tracking portfolio reverses last year’s gains after surging in January.
Index reports highest returns in eight years.