Dunmore Pension Plan posts solid returns; board keeps higher cash allocation
Dunmore Pension Board was told the plan returned 4.47% year-to-date through May and 13.06% over 12 months; the board is holding roughly 14.5% of assets in cash earning about 5.35% and says the allocation reduces risk ahead of a possible market pullback.
The full story
At its June 11 meeting, the Dunmore Pension Board received an update showing the pension plan had a net-of-fees return of 4.47 percent through the end of May and a 12-month return of 13.06 percent.
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