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The Board of Investment accepted its investment performance analysis, approved a discussion of the Dexter Donation Fund and other trust accounts, and continued a possible vote on portfolio rebalancing.
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The Board reviewed how the city’s investment portfolio has been performing, including US stocks, international stocks, and fixed income holdings. It accepted that performance report and approved discussion of the Dexter Donation Fund and other trust accounts, including their cash balances. A decision on rebalancing the portfolio was not made at this meeting and was continued for later consideration.
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