Weakness in global economy lowers Rotary’s investment returns
At the October meeting of the Trustees of The Rotary Foundation, the Investment Committee advised of weaker-than-expected returns on Rotary’s investments, primarily due to negative returns in commodities and emerging-market assets.
During fiscal year 2015, which ended 30 June, the Annual Fund, excluding the operating reserve, recorded a loss of 0.2 percent; The RI General Fund was down 2.8 percent. Both the PolioPlus Fund and the Endowment Fund were up, but had minimal gains of 0.7 percent and 0.5 percent, respectively.
For the most recent quarter, Rotary anticipates negative returns for the…
