Investments
Grow your fund, make an impact
Select from a variety of options to invest your fund balance for growth – from NCF’s own investment pools to separately managed accounts with your advisor.
Faith-Driven Pools
Managers of these pools intentionally select investments that complement our faith-based values and actively avoid investments that are antithetical to these values.
Learn about our Faith-Driven Pools values
Traditional Pools
These pools range from stable value with no risk of fluctuation in principal value to very high risk with substantial exposure to market fluctuations.
Managers of these pools intentionally select investments that complement our faith-based values and actively avoid investments that are antithetical to these values.
Learn about our Faith-Driven Pools values
Overview
Risk profile: Low risk
Grantmaking: For givers who plan to grant out their fund balance within 1-2 years
Expense ratio: 0.60%
Target allocation
- 90% Fixed Income
- 10% Cash
Current performance
Inception Date October 5, 2022
Investments
Fixed income
- Invesco Intermediate Term Gov’t and Credit
Cash
- Cash and Short-Term Instruments
Conservative
70% fixed income, 30% global equities – Moderate-risk, modest allocation to equities, intended for 5+ year holding periods
Faith-Driven returns (PDF)Overview
Risk profile: Low to Moderate Risk
Grantmaking: For givers who plan to grant their fund balance within 2-3 years.
Expense ratio: 0.64%
Target allocation
- 62% Fixed Income
- 9.7% Domestic equities
- 16% Global equities
- 2.3% International equities
- 10% Cash
Current performance
Inception Date October 5, 2022
Investments
Fixed income
- Invesco Intermediate Term Gov’t and Credit
Domestic equities
- Crossmark Large Cap
- Eventide Mid-Cap
International equities
- Crossmark International
Global equities
- First Trust Global Equity
Cash
- Cash and Short-Term Instruments
Balanced
50% fixed income, 50% global equities – Higher-risk, elevated allocation to equities, intended for 7+ year holding periods
Faith-Driven returns (PDF)Overview
Risk profile: Moderate risk
Grantmaking: For givers who plan to grant their fund balance within 3-4 years
Expense ratio: 0.64%
Target allocation
- 45% Fixed income
- 16% Domestic equities
- 4% International equities
- 25% Global equities
- 10% Cash
Current performance
Inception Date October 5, 2022
Investments
Fixed income
Invesco Intermediate Term Gov’t and Credit
Domestic equities
Crossmark Large Cap
Eventide Mid-Cap
International equities
Crossmark International
Global equities
First Trust Global Equity
Cash
Cash and Short-Term Instruments
Domestic Equity
100% domestic equities – Highest-risk, aggressive equity allocation for 7+ year holding periods
Faith-Driven returns (PDF)Overview
Risk profile: Above-average risk
Grantmaking: For givers who expect to make grants over an extended time horizon
Expense ratio: 0.73%
Target allocation
- 90% Domestic equities
- 10% Cash
Current performance
Inception Date October 5, 2022
Investments
Domestic equities
Crossmark Large Cap
Eventide Mid-Cap
First Trust Domestic Equity
Cash
Cash and Short-Term Instruments
Global Equity
100% domestic and international equities – Highest-risk, aggressive equity allocation for 7+ year holding periods
Faith-Driven returns (PDF)Overview
Risk profile: Above-average risk
Grantmaking: For givers who expect to make grants over an extended time horizon
Expense ratio: 0.71%
Target allocation
- 30% Domestic equities
- 8% International equities
- 52% Global
- 10% Cash
Current performance
Inception Date October 5, 2022
Investments
Domestic equities
- Crossmark Large Cap
- Eventide Mid-Cap
International equities
- Crossmark International
Global equities
- First Trust Global Equities
Cash
- Cash and Short-Term Instruments
These pools range from stable value with no risk of fluctuation in principal value to very high risk with substantial exposure to market fluctuations.
Cash Reserve
Seeks preservation of capital by maintaining a stable $1 net asset value. Pays a stated rate of interest to pool participants. The stated rate adjusts on a monthly basis.
Traditional returns (PDF)Overview
Risk profile: Very low risk
Grantmaking: For givers who plan to grant out their full fund balance on an ongoing basis
Stated rate earns 1.86% interest
Overview
Risk profile: Low risk
Grantmaking: For givers who plan to grant out their fund balance within 1-2 years
Expense ratio: 1.20%
Target allocation
- 80% Fixed income
- 10% Opportunistic
- 10% Cash
Current performance
Investments
Fixed income
- State Street U.S. Aggregate Bond Index Non-Lending Common Trust Fund
- State Street U.S. Short-Term Government/Credit Bond Index Non-Lending Common Trust Fund
- State Street U.S. Government Bond Index Non-Lending Common Trust Fund
- Payden Limited Maturity Fund – PYLMX
- Lord Abbett Short Duration Income Fund Class F3 – LOLDX
- Palmer Square Income Plus Fund LLC
- FIAM Tactical Bond Fund, LP
- Harbor Core Bond Fund
Opportunistic
- PIMCO All Asset Fund – PAAIX
- State Street U.S. Treasury Inflation Protected Securities (TIPS) Index Non-Lending Common Trust Fund
Cash
- Federated Government Obligations Fund – GOIXX
Moderate Income
20% equity – Lower-risk, minimal allocation to equities, intended for 1- 2 year holding periods
Traditional returns (PDF)Overview
Risk profile: Modest risk
Grantmaking: For givers who plan to grant out their fund balance within 1-2 years
Expense ratio: 1.23%
Target allocation
- 20% Global equities
- 57.5% Fixed income
- 12.5% Opportunistic
- 10% Cash
Current performance
Investments
Global Equities
- State Street S&P 500® Index Non-Lending Common Trust Fund
- SSGA FTSE RAFI US 1000 Index
- Champlain Mid Cap Core Fund – CIPIX
- MFS Institutional International Equity Fund – MIEIX
- Vanguard Total International Stock Index Fund – VTSNX
- FIAM Select Emerging Markets Equity LP
- State Street MSCI Emerging Markets Index Non-Lending Common Trust Fund
Fixed income
- State Street U.S. Aggregate Bond Index Non-Lending Common Trust Fund
- State Street U.S. Short-Term Government/Credit Bond Index Non-Lending Common Trust Fund
- Payden Limited Maturity Fund – PYLMX
- Lord Abbett Short Duration Income Fund Class F3 – LOLDX
- Palmer Square Income Plus Fund LLC
- FIAM Tactical Bond Fund, LP
- Harbor Core Bond Fund
Opportunistic
- Hatteras Core Alternative TEI Institutional LP
- Creation Investments Social Ventures Fund I
- SSGA Real Asset NL CTF
- State Street U.S. Treasury Inflation Protected Securities (TIPS) Index Non-Lending Common Trust Fund
- PIMCO All Asset Fund – PAAIX
Cash
- Federated Government Obligations Fund – GOIXX
Balanced Income
35% equity – Moderate-risk, modest allocation to equities, intended for 2-3 year holding periods
Traditional returns (PDF)Overview
Risk profile: Medium risk
Grantmaking: For givers who plan to grant out their fund balance within 2-3 years
Expense ratio: 1.28%
Target allocation
- 35% Global equities
- 45% Fixed income
- 10% Opportunistic
- 10% Cash
Current performance
Investments
Global equities
- GQG Partners Global Equity Fund
- PGIM Jennison Global Opportunity Fund
- BNY Mellon Global Stock Fund – Class Y – DGLYX
- State Street S&P 500 Index Non-Lending Common Trust Fund
- SSGA FTSE RAFI US 1000 Index
- Champlain Mid Cap Core Fund – CIPIX
- Vanguard Total International Stock Index Fund – VTSNX
- FIAM Select Emerging Markets Equity LP
- SSGA MSCI EAFE 100% Hedged
- MFS Inst International Equity Fund
Fixed income
- State Street U.S. Aggregate Bond Index Non-Lending Common Trust Fund
- Payden Limited Maturity Fund – PYLMX
- Lord Abbett Short Duration Income Fund Class F3 – LOLDX
- Palmer Square Income Plus Fund LLC
- FIAM Tactical Bond Fund, LP
- Harbor Core Bond Fund
Opportunistic
- PIMCO All Asset Fund – PAAIX
- Hatteras Core Alternative TEI Institutional LP
- Creation Investments Social Ventures Fund I
- SSGA Real Asset NL CTF
- State Street U.S. Treasury Inflation Protected Securities (TIPS) Index Non-Lending Common Trust Fund
- Vanguard Real Estate Index Fund – VGSNX
Cash
- Federated Government Obligations Fund – GOIXX
Balanced Growth
50% equity – Higher-risk, elevated allocation to equities, intended for 3-4 year holding periods
Traditional returns (PDF)Overview
Risk profile: Moderate risk
Grantmaking: For givers who plan to grant amounts within 3-4 years
Expense ratio: 1.29%
Target allocation
- 50% Global Equities
- 32.5% Fixed income
- 7.5% Opportunistic
- 10% Cash
Current performance
Investments
Global equities
- GQG Partners Global Equity Fund
- PIGM Jennison Global Opportunity Fund
- BNY Mellon Global Stock Fund – Class Y – DGLYX
- State Street S&P 500® Index Non-Lending Common Trust Fund
- SSGA FTSE RAFI US 1000 Index
- Champlain Mid Cap Core Fund – CIPIX
- Vanguard Total International Stock Index Fund – VTSNX
- FIAM Select Emerging Markets Equity LP
- State Street MSCI Emerging Markets Index Non-Lending Common Trust Fund
- SSGA MSCI EAFE 100% Hedged
- MFS Inst International Equity Fund
Fixed income
- State Street U.S. Aggregate Bond Index Non-Lending Common Trust Fund
- Payden Limited Maturity Fund – PYLMX
- Lord Abbett Short Duration Income Fund Class F3 – LOLDX
- Palmer Square Income Plus Fund LLC
- FIAM Tactical Bond Fund, LP
- Harbor Core Bond Fund
Opportunistic
- PIMCO All Asset Fund – PAAIX
- Hatteras Core Alternative TEI Institutional LP
- Creation Investments Social Ventures Fund I
- SSGA Real Asset NL CTF
- State Street U.S. Treasury Inflation Protected Securities (TIPS) Index Non-Lending Common Trust Fund
- Vanguard Real Estate Index Fund – VGSNX
Cash
- Federated Government Obligations Fund – GOIXX
Growth
70% equity – Highest-risk, aggressive equity allocation for long-term 4+ year holding periods
Traditional returns (PDF)Overview
Risk profile: Highest risk
Grantmaking: Long-term investment option for givers who plan to grant amounts more than 4-5 years in the future
Expense ratio: 1.28%
Target allocation
- 70% Global equities
- 15% Fixed Income
- 5% Opportunistic
- 10% Cash
Current performance
Investments
Global equities
- BNY Mellon Global Stock Fund – Class Y – DGLYX
- GQG Partners Global Equity Fund
- PGIM Jennison Global Opportunity Fund
- State Street S&P 500 Index Non-Lending Common Trust Fund
- SSGA FTSE RAFI US 1000 Index
- Champlain Mid Cap Core Fund – CIPIX
- Vanguard Total International Stock Index Fund – VTSNX
- MFS Institutional International equity Fund – MIEIX
- FIAM Select Emerging Markets Equity LP
- State Street MSCI Emerging Markets Index Non-Lending Common Trust Fund
- SSGA MSCI EAFE 100% Hedged
Fixed income
- State Street U.S. Aggregate Bond Index Non-Lending Common Trust Fund
- Payden Limited Maturity Fund – PYLMX
- Lord Abbett Short Duration Income Fund Class F3 – LOLDX
- Palmer Square Income Plus Fund LLC
- Harbor Core Bond Fund
Opportunistic
- PIMCO All Asset Fund – PAAIX
- SSGA Real Asset NL CTF
- State Street U.S. Treasury Inflation Protected Securities (TIPS) Index Non-Lending Common Trust Fund
- Vanguard Real Estate Index Fund – VGSNX
Cash
- Federated Government Obligations Fund – GOIXX
More about our Faith-Driven Pools
For these pools, we seek to select investments that complement the following faith-based values:
- Community – Resilience to overcome poverty, homelessness, incarceration, and more
- Creation – Stewardship of the natural world that God has entrusted to our care
- Family – Support for marriage and children, including foster care, adoption, and orphans
- Health – Freedom from addictions, including substance abuse, pornography, and gambling
- Life – Protection and restoration of the sanctity of life
- Safety – Violence-prevention and support in anti-human trafficking efforts
3 ways you can invest with your NCF fund
Whether you select from investment pools, impact investments – or have your financial advisor manage your investments – NCF has options that can fit into your giving strategy.