A Good Time to Ask

How will my fund keep up with the real rate of educational inflation at UMaine?

Our minimum investment goal is an absolute return of 10%. Our spending policy averages 5% and total fees are 2%. The difference is returned to build the principal to offset the ravages of inflation. Endowments should maintain their purchasing power over time.

Thomas W. Savage ’68
B.A. Economics
Sally Boynton Savage
Searsport, ME/Key Largo, FL