Get Full Government Meeting Transcripts, Videos, & Alerts Forever!
Sun City West shifts to 25% equity allocation after strong international gains, CapTrust tells finance committee
Summary
CapTrust told the Sun City West Budget & Finance Committee on Sept. 16 that the reserve portfolio returned positively year-to-date and that the investment policy was updated in June to a 25% equity / 75% fixed-income target; CapTrust said when combined with the cash reserve the portfolio meets the new targets.
Nathan Erickson of CapTrust told the Sun City West Budget & Finance Committee on Sept. 16 that the association’s reserve portfolio produced positive returns year to date through June 30 and that the investment policy was updated in June to a 25% equity and 75% fixed‑income target. Carol Romney of CapTrust presented the portfolio detail and told the committee the combined portfolio and cash reserve meet that directive.
CapTrust noted international equities were the strongest-performing class in the first half of the year…
Already have an account? Log in
Subscribe to keep reading
Unlock the rest of this article — and every article on Citizen Portal.
- Unlimited articles
- AI-powered breakdowns of topics, speakers, decisions, and budgets
- Instant alerts when your location has a new meeting
- Follow topics and more locations
- 1,000 AI Insights / month, plus AI Chat
