CITY OF CORONADO
PARS Post-Employment Benefits Trust 6/1/2023 to 6/30/2023 Tina Friend
City Manager
City of Coronado
1825 Strand Way
Coronado, CA 92118
Account Summary
Source 6/1/2023 Contributions Earnings Expenses Distributions Transfers 6/30/2023 OPEB $3,164,279.53 $0.00 $97,499.34 $1,208.57 $0.00 $0.00 $3,260,570.30 PENSION $14,302,559.22 $0.00 $541,705.06 $5,472.42 $0.00 $0.00 $14,838,791.86 Totals $17,466,838.75 $0.00 $639,204.40 $6,680.99 $0.00 $0.00 $18,099,362.16 Investment Selection
Source
OPEB
PENSION
Investment Objective
Source
OPEB
PENSION
Investment Return
Source 1-Month 3-Months 1-Year 3-Years 5-Years 10-Years OPEB 3.08% 3.09% 7.63% 4.67% 4.70% - 1/7/2014
PENSION 3.79% 3.81% 9.22% 6.00% 4.26% - 10/27/2015
Information as provided by US Bank, Trustee for PARS; Not FDIC Insured; No Bank Guarantee; May Lose Value Headquarters - 4350 Von Karman Ave., Suite 100, Newport Beach, CA 92660 800.540.6369 Fax 949.250.1250 www.pars.org Account balances are inclusive of Trust Administration, Trustee and Investment Management fees Annualized Return
Investment Return: Annualized rate of return is the return on an investment over a period other than one year multiplied or divided to give a comparable one-year return.
Past performance does not guarantee future results. Performance returns may not reflect the deduction of applicable fees, which could reduce returns. Information is deemed reliable but may be subject to change.
Individual account based on Balanced HighMark PLUS. The dual goals of the Balanced Strategy are growth of principal and income. While dividend and interest income are an important component of the objective's total return, it is expected that capital appreciation will comprise a larger portion of the total return. The portfolio will be allocated between equity and fixed income investments.
Account Report for the Period
Balance as of
City of Coronado - OPEB
Balance as of
Individual account based on Moderate HighMark PLUS. The dual goals of the Moderate Strategy are growth of principal and income. It is expected that dividend and interest income will comprise a significant portion of total return, although growth through capital appreciation is equally important.
The portfolio will be allocated between equity and fixed income investments.
City of Coronado - PENSION
Plan's Inception Date
Fund 810
Fund 105
Attachment 5