Answered step by step
Verified Expert Solution
Question
1 Approved Answer
1. Assume that George Mason Medical Center has investments in a Building Replacement Fund with the following balances as of July 15, 2022 listed by
1. Assume that George Mason Medical Center has investments in a Building Replacement Fund with the following balances as of July 15, 2022 listed by category. The Investment Committee of the Board has approved a recommendation to reallocate these funds, and to include for the first-time common stocks from non-US companies. Assume that the portfolio will be rebalanced on August 1, 2022, to equal the Board's targeted desired allocation percentages. George Mason Medical Center Recommended Asset Allocation for Building Replacement Fund Rebalancing of Investment Portfolio as of July 15, 2022 Your calculated Balance on Investment Description 7/15/2022 Current Allocation% Future Desired Re-balanced Allocation Amounts Cash and Cash Equivalents S 12,000,000 10.4% 5.0% ? Fixed Income Domestic Bonds 32,000,000 27.8% 22.0% ? Fixed Income - International Bonds 10,000,000 8.7% 12.0% ? Equities Large Cap Growth 13,000,000 11.3% 11.0% ? Equities Large Cap Value 25,000,000 21.7% 23.0% ? Equities Mid/Small Cap Growth 11,000,000 9.6% 11.0% ? Equities - Mid/Small Cap Value 12,000,000 10.4% 10.0% ? Equities International 0.0% 6.0% ? Total $ 115.000.000 100.0% 100.0% $ 115.000.000 Question In your opinion, what other investment categories could the Investment Committee have considered? Using Craig Israelsen's 7Twelve portfolio suggestions as a guide, or any other source you want, note at the bottom of your spreadsheet at least two additional asset groups, in your opinion, the Investment Committee could have considered when making these target allocations for their investments
Step by Step Solution
There are 3 Steps involved in it
Step: 1
Get Instant Access to Expert-Tailored Solutions
See step-by-step solutions with expert insights and AI powered tools for academic success
Step: 2
Step: 3
Ace Your Homework with AI
Get the answers you need in no time with our AI-driven, step-by-step assistance
Get Started