Diocesan Foundation performance for the September quarter has been posted to the website.
The first two months of the quarter were strong, but September was weak, resulting in quarterly losses for both stocks and bonds.
The Foundation’s managers performed in line with their peer groups and market indices, but overall the Foundation sustained a quarterly loss of 2.4% or $2.9 million. The Foundation’s year-to-date performance remains positive, with gains of 5.9% and $6.4 million.