Yes. The entire LTIP is managed under a common strategy. The portfolio is diversified across various types of investments, and all endowments share proportionately in the overall rate of return.
Each individual endowment fund is assigned a number of shares in the LTIP depending on the size of the gift. This process is similar to the way a mutual fund works. Earnings are distributed proportionately based on the number of shares owned by each fund.
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