Master Trusts Post Double-Digit Returns for 12-Month Period

August 23, 2007 ( - The median performance of all master trusts for the year ended June 30, 2007 was 16.42% according to the Wilshire Trust Universe Comparison Service (Wilshire TUCS).

According to a Wilshire press release, the return posted for large master trusts (more than $1 billion in assets) was greater (17.68%) than for master trusts as a whole and the same was true within each plan type.

Large non-profit funds led with a 20.05% return, while the return for all non-profits was 17.1%. Likewise, the return for large public plans was 17.69% versus 16.08% for all public plans and for large corporate plans it was 17.49% compared to 16.86% for all corporate plans.

Endowments and foundations followed the trend with large plans posting an 18.08% return for the year, while the broader endowment and foundation universe median was 17.52%, the press release said.

For the second quarter 2007, the median return for all master trusts was 4.21%. The median performance of corporate pension plans was 4.16% for the quarter, while public pension funds’ median performance was 4.23%.

The second quarter performance for foundations and endowments was 4.73%. Taft Hartley funds had a median return of 3.79% in second quarter 2007. Non-profits saw a median performance of 4.64%.

TUCS includes more than 1,470 plans representing approximately $3.2 trillion in assets.