Hi Garfield,
Looking over https://upload.wikimedia.org/wikipedia/foundation/2/2e/Jul-Dec%2713_Mid-year... and https://upload.wikimedia.org/wikipedia/foundation/b/b6/Mid_Year_Financials_F... it seems that the Foundation has been earning 0.9% on its liquid asset holdings. Is that correct?
While I applaud the near doubling since last year, have there been any objections to the Foundation investing a portion of its cash in international multisector high-yield bond mutual funds?
Thank you!