News & Events

WASHINGTON, D.C. (September 22, 2025)– The Trust Fund Committee of the Trust Fund for the People of the Federated States of Micronesia (the Fund) conducted its Fiscal Year 2025 fourth quarter meeting on September 17 in Washington DC and September 18 in Pohnpei, Federated States of Micronesia. The Committee reviewed the Fund’s investment performance for the quarter ending June 30 with updates to the end of July, reviewed the transition of the investment allocation, and conducted other Fund business. For the quarter ending June 30, the Fund had a net asset value of $1,849,384,020.  For July, the most recent complete month reviewed at the meeting,...

WASHINGTON, D.C. (December 23, 2025)– The Trust Fund Committee of the Trust Fund for the People of the Federated States of Micronesia (the Trust Fund) conducted its Fiscal Year 2026 first quarter meeting on December 10 in Washington DC and December 11 in Pohnpei, Federated States of Micronesia. The Committee reviewed the Trust Fund’s investment performance for the quarter ending September 30 with updates to the end of November, reviewed the transition of the investment allocation, and conducted other Fund business. For the quarter ending September 30, the Trust Fund had a net asset value of $1,946,462,801 and an investment return of 5.0%, net of...

WASHINGTON, D.C. (June 18, 2025)– The Trust Fund Committee of the Trust Fund for the People of the Federated States of Micronesia (the Fund) conducted its Fiscal Year 2025 (FY 2025) third quarter meeting on June 12. The Committee reviewed the Fund’s investment performance from January 1 to April 30, 2025 and financial market updates since that time. The Committee also reviewed the proposed asset allocation with the Fund’s Investment Adviser, Cambridge Associates LLC, and approved a new Investment Policy Statement. For the January-Mach quarter, the Fund had a net asset value of $1,730,211,319 as of March 31. The Fund gained 1.33%, net of fees,...