HFRRF Investment Philosophy
Fund Asset Allocation as of June 30, 2022
The Fund practices the traditional philosophy of asset allocation by maintaining percentage ranges of the assets in domestic stocks, international stocks, bonds, cash, private equity, alternative investments, and real estate. Using an asset allocation forces the Fund to be a disciplined investor with a particular focus on safety, profitability, and liquidity.
Historically, the Fund has exceeded its total return objectives by adhering to these principles. The chart below illustrates this growth in market value over time.