Diocesan Investment Trust's 2017 annual report

November 25, 2017
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The Diocesan Investment Trust (DIT) provides an institutional-level investment platform for parishes and other diocesan groups to help with their endowments and other long-term investments. The stock portfolios are screened to meet the denomination’s socially responsible investment guidelines. The DIT’s funds are overseen by a board of trustees, who meet quarterly.

Parishes and other diocesan groups are invited to use the DIT. We offer three funds, having just added an international stock fund.

  • U. S. total stock market fund following the Russell 3000 index
  • Developed market international stock fund following the MSCI World ex. USA index
  • U. S. intermediate bond index

Parishes using the DIT have direct control of their funds, with all record keeping provided by the sponsor, TIAA-CREF. The DIT is a good solution for parishes without in-house investment expertise, or where account size doesn’t justify professional management fees.

There are currently 15 parishes and several organizations throughout the diocese participating in the DIT.

The DIT board consists of six lay members along with the bishop and diocese financial officer as an ex officio member. We meet quarterly to review fund performance, perform due diligence, and other fiduciary tasks as needed.

Please see me or Desiree Viliocco if you are interested in using the DIT for your investment program.

Respectfully submitted,

Bruce Ward

President, Board of Trustees

Diocesan Investment Trust

Author: Beth Felice

More Info

Need more information? Contact Beth Felice, diocesan director of communications

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