Despite the instability of the rhetoric and government policies, the Easton Episcopal Fund has emerged from May with a month-to-date gross return over 3.50%. Maintaining this has been the work of a number of dedicated people with long financial experience coupled with calm assessment of market history. Performance, especially short-term performance, can vary subject to competing and seemingly disparate forces in the market and beyond, especially in times of uncertainty. But it is long-term solid performance that sustains a Fund and its shareholders’ missions. Shareholders can rest assured that the Board of Managers continues to keep a watchful eye on the Fund firmly bearing in mind both the needs and the concerns of the parishes and shareholders.