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Board hears Marquette Associates review of Q4 performance; accepts report

2434325 · February 27, 2025
AI-Generated Content: All content on this page was generated by AI to highlight key points from the meeting. For complete details and context, we recommend watching the full video. so we can fix them.

Summary

Marquette Associates presented the retirement plan’s fourth-quarter 2024 performance, showing a Q4 net investment change of –$1.7 million and a quarter return of –1.1%; the board voted to accept the report.

Marquette Associates presented the St. Mary’s County Sheriff’s Office Retirement Plan’s fourth-quarter 2024 investment performance report and the board voted to accept the report.

Marquette Associates senior presenter (Mr. Wing) said the trust’s market value at quarter end was about $157.6 million and that Q4 produced a net investment change of roughly –$1.7 million, translating to a quarter return of –1.1% against a policy index of –1.3%. He noted that private-investment valuations were…

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