7 percent net yield generated by University of Minnesota Foundation in fiscal year

The University of Minnesota Foundation (UMF), with $3.3 billion of assets under management, reported a 7 percent net return for the fiscal year that ended on June 30, slightly below its 7.4 percent policy benchmark.

Over the past five- and 10-year periods, the UMF has generated net annualized yields of 9.2 percent and 8.5 percent, respectively, both outperforming their respective policy benchmarks of 6.5 percent and 7.1 percent.

Since the UMF’s inception in January 1999, it has returned net annualized yields of 8 percent, above its 6.7 percent policy benchmark.