Easton Episcopal Funds
Fund Continues to Outperform Its Benchmark
As visible in the August 31, 2021 X-ray, the Easton Episcopal Fund continues to outpace its benchmark.
Fund Outperformed Benchmark in July
For the period July 1 to July 31 EEF returned 1.23% and the benchmark returned .93%. This resulted in EEF outperforming the benchmark by .30%.
Bonds Continue to Surprise and Confound
The surprise in fixed income over the last three or so months has not been the performance of the stock market, which is making new highs on almost a weekly basis, but the performance of bonds.
Morningstar X-Ray of June 30 Holdings
The Morningstar X-ray report provides a detailed breakdown of the holdings of the Easton Episcopal Balanced Fund. The June 30 report reflects recent allocation updates in the fixed income portion of the fund.
Message from the Vice Chair, June ’21
Why do we do what we do? The short answer is: To benefit the missions of the parishes and diocese whose money we invest. And we are pleased to report some pretty good returns.
Fund Continues to Advance in April
The overall portfolio, calculated by Morningstar, for the period January 1 – April 15, 2021 advanced 7.09%. (Click to read more)
Message from the Vice Chair, Jan. ’21
Despite Difficult Year, Fund Returns 15.58% in 2020. Last year was difficult. The first six weeks of 2020 was business as usual, but by mid-February,
Covid-19 had begun to affect our lives, the economy and the stock market. Initially, we didn’t know how severe the downturn would be or how long it would last. For 31 calendar days until March 23, the stock market went down. The S&P 500 was down more than 33%, although your fund was down 25%, a success of sorts.
Covid-19 had begun to affect our lives, the economy and the stock market. Initially, we didn’t know how severe the downturn would be or how long it would last. For 31 calendar days until March 23, the stock market went down. The S&P 500 was down more than 33%, although your fund was down 25%, a success of sorts.