Summary of Investment Programs

Cash Concentration Pool (CCP) as of 08/31/2018

• $4.5 billion in assets
• 5.9% 1-year return
• 6.3% annualized 3-year return
• 5.9% annualized 5-year return
• 5.2% annualized 10-year return

System Endowment Fund (SEF) as of 08/31/2018

• $1.2 billion in assets
• 10.2% 1-year return
• 7.9% annualized 3-year return
• 8.5% annualized 5-year return
• 6.5% annualized 10-year return