[Vision2020] PERSI Update
Tom Trail
ttrail at moscow.com
Sun Aug 23 09:01:59 PDT 2009
Visionaries:
I was in Boise Friday and talked with the Deputy Director of PERSI.
During this steep recession the PERSI fell about 16% to it's low point.
However, this contrasts favorably in comparison with other similar
retirement funds whose value dropped from 20-30%.
Overall PERSI is down about 8-10% from it's high point and recovered
more than 5% in July. The Fund is coming out of the recession not
only faster but in much better position than other similar funds. The
total value of the PERSI portfolio is around $9.7 billion. So at this
point in time the fund looks in solid position.
Rep. Tom Trail
--
Dr. Tom Trail
International Trails
1375 Mt. View Rd.
Moscow, Id. 83843
Tel: (208) 882-6077
Fax: (208) 882-0896
e mail ttrail at moscow.com
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