WASHINGTON, D.C. (July 11, 2022)– The Trust Fund Committee of the Trust Fund for the People of the Federated States of Micronesia (the Fund) conducted its fiscal year 2022 (FY22) third quarter meeting on June 29 (EDT) and 30 (Pohnpei) via videoconference. The meeting covered the Fund’s investment performance for the January-March quarter and a current market update to June 2022, including the market volatility that has impacted investment performance for 2022. For May, the last completed month of the performance review, the Trust Fund had gained 0.2% (benchmark 0.3%) and had a net asset value of $995,660,774, For fiscal year 2022-to-date (October 1 2021-May...