UUCEF Frequently Asked Questions
UUCEF often gets questions on the performance pages presented at the Quarterly Investor Meetings. There are three common ones that we’ll address in this post. If you don’t see your question here, visit the Contact page in the About menu and let us know. Q: On the total fund net performance page, what do the […]
Investing in diverse-led US businesses prepared for growth
The CEF recently began working with Founders First Capital Partners, a wonderful lender focused on “diverse-led businesses prepared for growth” in the US. We were pleased to welcome their founder and CEO Kim Folsom to our recent Quarterly Investor meeting, and have included their presentation materials with this post. Those interested in learning more about […]
Climate Action: UUA responds to the Congressional Judiciary Committee
This document is a response from the Unitarian Universalist Association (UUA) to a letter from the U.S. House of Representatives Committee on the Judiciary. The UUA addresses several points, including its religious heritage, its investment practices through the Unitarian Universalist Common Endowment Fund (UUCEF), and its involvement in Climate Action 100+. The UUA emphasizes that […]
July Monthly Commentary
July witnessed the “great rotation” in U.S. equities. Small-cap stocks led the way, with gains of 10%, following months of lackluster performance. In addition, value-oriented equities surged with the Russell 1000 Value Index up 5.1%, while the Russell 1000 Growth Index was down 1.7%. During this time, the S&P 500 was able to eke out […]
June Monthly Commentary
It was the same story but a different month for stocks in June, with growth outperforming value. The artificial intelligence (AI) boom within the tech sector appears unstoppable as Nvidia, the leading provider of chips used to run AI models and the primary benefactor, by far, of this boom, is now up over 150% year-to-date […]
May Monthly Commentary
Stocks and bonds defied the adage, “sell in May and go away,” ending the month in the black. The much anticipated earnings of Nvidia beat expectations again, fueling a rally in growth stocks and supporting broader market returns. The S&P 500 Index returned 5% in May, pushing year-to-date gains to 11.3%. Outside the United States, […]
April Monthly Commentary
The S&P sold off 4.1% in April with equity markets reacting to rising interest rates and elevated inflation prints. Large-cap stocks outperformed, while small-cap stocks continue to be sensitive to long-term interest rates with the Russell 2000 selling off 7% for the month. Outside the U.S., the MSCI Emerging Markets Index added 0.4% in April. […]
March Monthly Commentary
All asset classes were in the black in March as markets saw no signs of an economic slowdown in the U.S. in the first quarter, while the Federal Reserve continues its efforts to steer the economy to a safe landing. Markets have priced in a safe landing—a stable path back to inflation of 2% with […]
Community Investment Matching Program to Wind Up
Under the UUA’s community investment matching program, the UUA matched a congregation’s investment in a Community Development Financial Institution (CDFI) with an investment of its own in the same amount (maximum $10,000), term (maximum 3 years), and interest rate as the note signed by the congregation. Recently, the UUA Investment Committee has decided that going […]
August Monthly Commentary
August was a tale of two capital markets. The first half of the month saw the return of volatility, with a sell-off in global equities and a flight-to-quality in rates triggered by some softness in U.S. economic data and central bank actions, which led to an unwinding of leverage across markets. Despite the volatile start, […]