Alaska’s Permanent Fund has been riding the roller coaster of financial markets and will probably end its fiscal year on June 30 in basically a break-even position, according to the Fund’s executive director Mike Burns.
The monthly performance report prepared for the Fund’s trustees for April 30 showed a 0.76 percent gain in value over the prior 12 months, although the fiscal-year-to-date (July 1 to April 30) was little better, a gain of 2.03 percent...............................................Full Article: Source
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