Trust Fund Committee Conducts Third Quarter Meeting to Review Trust Fund Performance and Conduct Other Business

WASHINGTON, D.C. (June 10th, 2021)– The Trust Fund Committee of the Trust Fund for the People of the Republic of the Marshall Islands (the Fund) conducted its fiscal year 2021 (FY21) third quarter meeting on May 27th (EST) and 28th (Majuro) via videoconference. The meeting covered the Fund’s investment performance for the January-March 2021 quarter as well as a current market update, and conducted other business. For the January-March 2021 quarter, the Fund gained 4.37%, above the benchmark of 3.24%. The net asset value of the Fund was $627,862,229, preliminary and unaudited, as of 3/31/21. As of 4/30/21, the last full month of performance reported...

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