TPF Balanced Fund

The TPF Balanced Fund is a “fund of funds” that holds interests in most of the TPF Funds (excluding TPF’s Money Market Fund) in proportions allocated as determined by the TPF Board of Trustees’ Investment Committee. Effective June 1, 2021, the policy allocation was set at 31.5% in the TPF Large Cap Equity Fund, 9.0% in the TPF Small Cap Equity Fund, 16.5% in the TPF International Equity Fund, 6% in the TPF Emerging Markets Equity Fund, 5% in the TPF Real Estate Fund, 5% in the TPF Real Assets Fund, 5% in the TPF Diversified Strategies Fund and 21% in the TPF Fixed Income Fund. In addition, the Fund currently has a small allocation (about 1%) in producing oil and gas royalty interests. The spend rate is set each year and is currently 4.0% per annum of the average of the monthly values of the Fund for the preceding three years.

The TPF Balanced Fund is appropriate for churches and institutions seeking a fully managed, diversified portfolio for the long term investment of endowment and other permanent funds.