Diocesan Foundation Update

First quarter 2020 investment results for the Diocesan Foundation have been posted to its website. The quarter experienced unprecedented volatility and the US stock market recorded one of its worst first quarters ever, with a loss in excess of 20%.

The Foundation’s results were better than most other investment managers, but investment losses totaled $12.5 million or -13.2%. Total assets declined to $82.3 million.

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