Easton Episcopal FundsCategory: News
Update from the Vice Chair
It has been a hectic but solid year for the Easton Episcopal Funds.
Read MoreSnapshot October 31, 2024
This month of intense lead-up to the presidential election has been noisy to say the least, but it’s important to stay both watchful and calm. Eyes are on the Fed as they await the next installment of inflation and jobs…
Read MoreSnapshot September 30,2024
This year has been surprisingly busy. We have received more than $3 million in new investments and have had $1.2 million in redemptions for a net gain in shareholder investments of $1.8 million. We began the year with $35.4 million…
Read MoreSnapshot August 31, 2024
In racing, we measure our performance against the others in our class while always keeping an eye on the next mark to be reached. Much like the market, which anticipates. August saw a market rise. This was in large part…
Read MoreSnapshot July 31, 2024
The Fund was up 2.14% during the second quarter compared to the policy benchmark of 1.83%. A positive gain. Not surprisingly, the most recent employment numbers, which were lower than expected, prompted something of a downdraft in the general market…
Read MoreSnapshot June 30, 2024
Inflation seems to have cooled; May’s inflation rate was just below 3%, still shy of the target of 2%, and the Fed remains cautious. The NASDQ-100 and S&P 500 set milestones within the past two weeks. At last tally, unemployment…
Read MoreSnapshot May 31, 2024
After hitting a high just over 40,000 in late May, the market pulled back a little over 3% as investors and pundits alike absorbed the Fed’s verbal post-it notes about its provisional intentions. A small decrease in interest rates may…
Read MoreSnapshot April 30, 2024
April saw a market pullback, in part due to the Fed’s putting off decreasing interest rates. Pundits had been predicting several rate decreases this year, beginning (some said) in March. When that didn’t happen, disappointment reigned. At least for a…
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Vice Chair’s Address to 156th Convention
In 2023, the EEF was up 17%, the third best year in our history. Good morning, Bishop San, clergy, delegates and honored guests. It is a pleasure to be with you today and share the results of the Easton Episcopal…
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