Investment Objectives

Assets contributed to the Raymond James Charitable Endowment Fund are invested tax free. At the time of your contribution, you may recommend that your contribution be invested in any of five investment objectives:

Income – Seeks income and the preservation of capital. Growth of capital may or may not be sought and will always be secondary.

Income with some growth – Seeks to emphasize income and the preservation of capital over the growth of capital. Growth will be an ever present, but secondary, consideration.

Balanced – Seeks to balance the production of income, preservation of capital and growth of capital.

Growth with some income – Seeks to emphasize the growth of capital over the production of income.

Growth – Seeks long-term capital appreciation. Income may or may not be sought and will always be secondary.

The Raymond James Charitable Endowment Fund is unique among donor-advised funds of its kind in that it is the only one that invests in mutual funds other than those offered by a sponsoring firm, providing you with greater choices of investment options.

It is also the only donor-advised fund of its kind that permits the use of privately managed portfolios, such as Eagle Asset Management or Raymond James & Associates Investment Advisory Services portfolio managers, for accounts of $500,000 or more. Both companies are subsidiaries of Raymond James Financial.

The board of directors of the Raymond James Charitable Endowment Fund identifies a diverse selection of the best mutual funds to meet your objectives from among those funds receiving a "Highly Recommended" rating from the Raymond James & Associates Mutual Fund Research Department. Raymond James is the only firm that rates mutual funds so that investors are as informed as possible.

Choosing appropriate mutual funds is only part of the process. The board must also continually monitor the funds as part of its fiduciary responsibility. Its main priority is consistent performance over the long term. There is no assurance that this goal will be met.

There are no sales charges on the purchases of shares of mutual funds and any income or appreciation achieved will be reinvested to further benefit charitable organizations. And so, to the extent to which your gift grows, additional funds will be available for the charities you recommend.

To serve as trustee and safeguard the assets of the Raymond James Charitable Endowment Fund, the board appointed the Raymond James Trust Company, founded in St. Petersburg, FL, in 1992.

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