Fees for Investment Services

The goals established by the Foundation’s Board of Directors for our investment program are to:

  • offer an exemplary investment program with options to meet the needs of local churches and agencies;
  • honor our commitment to socially responsible investment, and
  • offer reasonable returns on investment, all at a competitive fee for these services.

In designing our investment program, our investment consultant recommended and the Foundation Board approved a plan to use indexing strategies in those asset classes that are considered efficient markets, especially domestic and international stocks. The selected investment managers customize the chosen indexes to meet our socially responsible investment guidelines. Our three funds contain the same asset classes and funds in differing allocations. This allows for some further economies of scale.

These strategies have realized fee savings while keeping our investment products competitive.

The chart below provides a breakdown of annual fees for each fund. Fees are charged to investment accounts monthly at a rate of 1/12 of the annual rates quoted in the table below. Please contact us for a breakdown of fees by investment manager.

Conservative Fund Moderate Fund Aggressive Fund
Investment Consulting Fee 0.10% 0.10% 0.10%
Investment Manager Fees* 0.36% 0.34% 0.32%
UMF Administrative Fee 0.50% 0.50% 0.50%
Annual Fee Totals 0.96% 0.94% 0.92%

The Foundation receives no financial or administrative support from the Northern Illinois Annual Conference. The Foundation receives no apportionment funds from the Annual Conference.

For more information about our fees or our investment program, please contact us.

* Manager expenses represented above are close approximations based on the allocation among managers, which can change slightly based on market conditions and valuations.