Trustees place three funds on watch after quarterly investment review

At its Sept. 11, 2025 meeting, the Sarasota City Employee Retirement Account Committee voted to place three investment options on the plan—s watch list after a quarterly review presented by Capital Group.

Capital Group Principal Howard told trustees the plan—s investments produced solid results in the second quarter of 2025 and that most funds have outperformed peers year to date. "When you look at the 22 individual funds... 19 out of the 22 or basically 86% of the funds... have actually outperformed the peer group," Howard said.

The committee kept three funds on the formal watch list for closer monitoring: Hartford Dividend and Growth; JPMorgan Growth Advantage; and Janus Henderson Global Life Sciences. Trustees voted on each watch recommendation during the meeting and recorded unanimous approval for each motion.

Howard summarized market drivers behind the quarterly results, saying the S&P 500 rebounded in Q2 after a weak Q1, driven in part by technology stocks benefiting from renewed investor interest in artificial intelligence. He also noted that…