Nuestros Fondos
The mission of Virginia Episcopal Investment Funds is to fuel the ministries of Virginia Episcopal congregations and institutions through faithful investment and management of their funds.
We work with churches and related organizations to achieve their financial performance and capital preservation goals while acting as stewards of their monetary resources. Assets invested in Virginia Episcopal Investment Funds (VEIF) portfolios are managed on a day-to-day basis, offering timely decision making and the ability to enhance returns while mitigating risk through agile asset allocation and investment selections. This approach offers all our Participants access to investment classes and investment expertise that are often not available to smaller or individual investors.
Explanation of VEIF Performance Benchmarks
VEIF offers three funds in which our Participants may invest to achieve their specific financial objectives:
The Balanced Fund
The Balanced Fund is our flagship fund established to provide a conservative investment option for endowment funds and other long-term accounts. It is conservatively managed to preserve funds and earn steady returns while dampening volatility.
The VEIF Board manages the Balanced Fund to provide invested Participants with an annual payout of between 4% and 5% if Participants choose to take it.
Este fondo está sujeto a riesgo de mercado.
Balanced Fund Investment Summary (as of September 30, 2025)
Asignación de activos en Fondo Equilibrado*
(all values in %)
Market Value = $142.9M
*Reflects new Asset Allocation Targets Approved in September 2025. The Private Equity allocation will be built out over several years.
**Alternative Income allocation has not yet been funded.
Rendimiento del Fondo Equilibrado (neto de comisiones)
Note: Returns greater than one year are annualized.
- The Balanced Fund gained 2.5% during the month of September, slightly underperforming the benchmark return of +2.6%. The portfolio ended the month with $142.9 million.
- U.S. markets gained in September, as the S&P 500 set new all-time highs on eight separate occasions over the month.
The Short Term Fund
The Short Term Fund is a fully liquid fund created for Participants who want to earn more on their funds than provided by a savings account or certificate of deposit, but who do not want to participate in the equity markets. The fund is invested in fixed income funds.
El Fondo a Corto Plazo no presenta un pago anual. Los participantes depositan y retiran fondos según lo necesiten.
Este fondo está sujeto a riesgo de mercado.
Short Term Fund Investment Summary (as of September 30, 2025)
Asignación de activos de Fondo a Corto Plazo*
(all values in %)
Market Value = $9.7M
Estimated portfolio duration: 1.50 years
Estimated portfolio yield: 3.9%
*(Values) reflect the asset allocation targets approved by the VEIF board.
Rendimiento del "Fondo a Corto Plazo" (neto de comisiones)
Note: Returns greater than one year are annualized.
- The Short Term Fund gained 0.3% during the month of September, performing in line with the benchmark. The portfolio ended the month with $9.7 million.
- During the month, fixed income markets were positive as longer-term treasury yields rallied. The 10-year treasury yield ended the month at 4.2%, while the 30-year ended September at 4.7%.
The All Equity Fund
El All Equity Fund invierte en una cartera de fondos indexados, negociados en bolsa y administrados activamente, con el objetivo de maximizar el rendimiento a largo plazo con riesgos razonables. Este fondo fue creado en respuesta a iglesias y organizaciones que no están tan preocupadas por resultados anuales consistentes y desean participar plenamente en los mercados de valores. El fondo se gestiona para obtener mayores rendimientos en un horizonte a más largo plazo pero con mayor volatilidad.
The Board does not manage the All-Equity Fund for an annual payout. All funds will remain fully invested over time. Participants will withdraw funds as they choose.
Este fondo está sujeto a riesgo de mercado.
All Equity Fund Investment Summary (as of September 30, 2025)
Asignación de activos del “All Equity Fund”*
(all values in %)
Market Value = $2.0M
*(Values) reflect the asset allocation targets approved by the VEIF board.
Rendimiento del "All Equity Fund" (neto de comisiones)
Note: Returns greater than one year are annualized.
- The All Equity Fund gained 3.8% during the month of September, outperforming the benchmark return of +3.6%. The portfolio ended the month with $2.0 million.
- U.S. markets gained in September, as the S&P 500 set new all-time highs on eight separate occasions over the month.