How The Fund Works

Investments & Performance
Policy & Guidelines

To maximize returns and minimize risk for career Y employees, the Fund manages its portfolio according to its long-term investment philosophy and objectives.

Mission to Serve Y People Drives Investment Policy

For employees who spend most of their careers with the Y, the Fund's benefits are a major source of retirement income. Therefore, the Fund's investment policy is to maximize returns and minimize risk, empowering Y employees to achieve economic security.

The Fund has adopted two long-term investment objectives:

  1. Generate returns sufficient to meet or exceed future obligations.
  2. Maintain sufficient liquidity to meet an uninterrupted stream of benefit payments.

To reflect the Fund’s long-term investment strategy, benchmark comparisons will typically be over longer periods such as one-, three-, five-years, and longer.