WASHINGTON, D.C. (April 5th, 2022)– The Trust Fund Committee of the Trust Fund for the People of the Federated States of Micronesia (the Fund) approved the Fiscal Year 2021 (FY21) Annual Report on 3/31/22. The FY21 audit report was also completed by the Fund's independent auditor, Baker Tilly. The Fund finished the fiscal year with a restricted fiduciary net position of $999,763,601 as of 9/30/21. The increase was primarily due to interest, dividends, and realized and unrealized gains from investment of $182,626,639 plus the scheduled FY21 U.S. government contribution of $35,277,200. The Fund had a weighted annual rate of return of 22.1% for FY21 compared...