View our latest report: 3rd Quarter 2021
If you want to review the risk levels of your investments or have any questions, contact us at 515-974-8927 or info@iumf.org.
Learn more about recent market trends and policy changes:
Morgan Stanley: Three Megatrends for a Post-Pandemic Market
Morgan Stanley: Biden Tax Policy: Investor Questions Answered
The actual net returns for each of the funds as of September 30, 2021:
| Monthly | Quarter-to-Date | Year-to-Date | Trailing 12 Months |
|
| Balanced Fund | -2.46% | -0.54% | 8.38% | 20.85% |
| Bond Fund | -0.47% | -0.56% | -0.39% | 0.45% |
| Equity Fund | -3.88% | -0.88% | 12.50% | 31.26% |
| Short-Term Income Fund | -0.23% | -0.01% | -0.60% | -0.25% |
Benchmark average gross returns for each of the funds as of September 30, 2021: (Please note—The benchmark includes higher risk/junk bonds and growth/higher risk stocks, so we aren’t quite comparing “apples to apples.” This also does not include management or administration fees.)
| Monthly | Quarter-to-Date | Year-to-Date | Trailing 12 Months |
|
| Balanced Fund | -2.40% | -0.03% | 9.21% | 20.62% |
| Bond Fund | -0.32% | 0.51% | 1.09% | 2.56% |
| Equity Fund | -3.69% | -0.32% | 14.12% | 32.96% |
| Short-Term Income Fund | -0.10% | 0.06% | -0.36% | -0.15% |
The average annual calendar net returns:
| 2020 | 2018-2020 | 2016-2020 | |
| Balanced Fund | 11.17% | 8.84% | 7.59% |
| Bond Fund | 3.07% | 2.90% | 1.76% |
| Equity Fund | 11.49% | 10.75% | 10.15% |
| Short-Term Income Fund | 3.90% | 3.18% | 3.42% |
The benchmark average annual calendar returns:
| 2020 | 2018-2020 | 2016-2020 | |
| Balanced Fund | 9.99% | 9.57% | 9.33% |
| Bond Fund | 5.79% | 4.95% | 3.51% |
| Equity | 11.50% | 10.94% | 13.21% |
| Short-Term Income Fund | 2.74% | 2.43% | 1.73% |