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Trustees report March decline but year-over-year gains; chair to contact Edward Jones about April volatility
Summary
The trustees reviewed March account statements noting month-over-month declines but positive balances compared with 12 months earlier; Matt Frost will contact Edward Jones to assess how April market volatility affected the accounts.
The trustees reviewed March account statements and recorded that the accounts were positive compared with 12 months earlier but that all accounts lost value in March compared with February. That summary appears in the minutes for the April 11, 2025 meeting.
Matt Frost was assigned to contact Edward Jones to find out how April's market volatility has affected the accounts. The minutes do not provide specific portfolio balances or dollar amounts, only the comparative trend (March down vs. February; positive vs. 12 months ago).
Trustees recorded the review as routine correspondence under "Open Mail" and assigned the outreach to assess April's impact; no formal investment policy changes were proposed or voted on at the meeting.
