Fiscal Year 2018 Contributions Made to Date

The Trust Fund for the People of the Republic of the Marshall Islands received on October 5, 2017 a scheduled contribution per the Compact of Free Association, as Amended, in the amount of $16,854,600 made by the United States government.

The contribution was invested per the Investment Policy Statement previously agreed to by the Trust Fund Committee and the Fund’s Investment Adviser, Vanguard Institutional Advisory Services.