Trust Fund Committee Reviews Investment Performance for October 2024 – February 2025, Reviews Audit and Annual Reports, and Conducts Official Business
WASHINGTON, D.C. (April 10, 2025)– The Trust Fund Committee of the Trust Fund for the People of the Republic of the Marshall Islands (the Fund) conducted its Fiscal Year 2025 (FY 2025) first quarter meeting on March 28. The Committee reviewed the Fund’s investment performance from October 1, 2024 to February 28, 2025. The Committee also reviewed the fiscal year 2024 Annual Report and Audit Report. For the October-December quarter, the Fund had a net asset value of $1,206,917,898 as of December 31. The Fund had a loss for the quarter of -2.52% net of fees, compared to a benchmark of -2.11%. The Fund also...