The Laguna Beach Community Foundation compiled year-to-date performance figures for assets comprising their equity and fixed income pools. Composite equity performance through September 30 totaled 9.0%. Fixed income performance totaled 6.4%. A blended portfolio of 60% equity and 40% fixed income, which is used for discretionary accounts, gained 8.1%. Performance is calculated gross of fees and assumes monthly rebalancing to target weights and does not reflect cash holdings. Jim Fletc [...]
