Summary of Investment Programs

Cash Concentration Pool (CCP) as of 02/28/2019

• $4.4 billion in assets
• 0.8% 1-year return
• 7.3% annualized 3-year return
• 4.2% annualized 5-year return
• 7.5% annualized 10-year return

System Endowment Fund (SEF) as of 02/28/2019

• $1.2 billion in assets
• 4.7% 1-year return
• 9.5% annualized 3-year return
• 6.3% annualized 5-year return
• 10.0% annualized 10-year return