Easton Episcopal Funds
While uncertainty seems to be the theme of the day, and of course there has been an end of summer market down-draft, partly in conjunction with possible continued interest rate increases and their effect and partly due to global instability,…
-
-
Update from The Vice Chair
Steady hands help to produce consistent performance
-
Silicon Valley Bank Collapse
Did we hold any Silicon Valley Bank or Signature Bank stock?
We do not own any individual stocks or bonds. -
Performance Since Inception
Chart detailing performance since inception by quarterly benchmark comparison
-
Nothingburger News as Fed Pauses Raises
None of the Fed’s 2022-23 rate raises have surprised the Board of Managers.
About the Fund
Established on March 31, 2010, the Easton Episcopal Fund of the Diocese of Easton is an investment fund available to parishes and other diocesan entities. Under the direction of the Board of Managers this fund provides carefully-managed, cost-efficient and risk-controlled investment that allows its investors to focus on their primary missions of worship, outreach, and maintenance of the parish and the diocese.
Investment Approach
The Fund currently pursues an indexed approach to investing, and has realized significant gains since inception. It has consistently ranked in the top third, or better, among similar mutual funds.
Fund performance is monitored against a benchmark composite index with about 65% equity and 35% bonds.
Board of Managers
The Board of Managers determines the investment direction for the Fund. Following an overall strategic plan, they may adjust allocations or investment positions according to market conditions. Their overall goal is to provide reliable and growing returns to support the individual missions of the parishes and diocesan institutions.
More News and Updates
Snapshot September 30, 2023
While September was a difficult month, it was not as tough as September 2022, and for the past 12 months we were up over 13%. Additionally, the Fund remains in the top 30% of the balanced fund universe for the…
August 31, 2023 Snapshot
After a pullback in July, the market is once again climbing, cautiously, as it absorbs Powell’s Wyoming speech, in which he left the door open to one more rate increase this year, though he was careful not to offer anything…
Access and Forms
Easton Episcopal Funds accounts are managed by Mutual Shareholder Services (MSS). If you are a shareholder, your current balances as well as historical transactions in your account may be viewed by following the link below to MSS. Choose “Easton Episcopal…
Withdrawals and Gifts
This tab provides instructions for computing periodic withdrawals and for handling stock gifts from parishioners to their parishes.