Review our latest report: 1st Quarter 2024
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 financial insights:
Morgan Stanley: What Kind of Retiree Do You Want to Be?
Morgan Stanley: How Immigration’s Rise Could Boost Economic Growth
The actual net returns for each of the funds as of March 31, 2024
| Monthly | Quarter-to-Date | Year-to-Date | Trailing 12 Months |
|
| Balanced Fund | 2.49% | 3.86% | 3.86% | 12.77% |
| Bond Fund | 0.82% | -0.24% | -0.24% | 4.01% |
| Equity Fund | 3.80% | 7.13% | 7.13% | 20.86% |
| Short-Term Income Fund | 0.41% | -0.20% | -0.20% | 0.54% |
Benchmark average gross returns for each of the funds as of March 31, 2024: (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 | 2.49% | 4.89% | 4.89% | 15.02% |
| Bond Fund | 0.78% | 0.14% | 0.14% | 4.51% |
| Equity Fund | 3.63% | 8.12% | 8.12% | 22.14% |
| Short-Term Income Fund | 0.35% | 0.28% | 0.28% | 2.45% |
The average annual calendar net returns:
| 2023 | 2021-2023 | 2019-2023 | |
| Balanced Fund | 12.98% | 3.32% | 7.52% |
| Bond Fund | 5.81% | -0.30% | 1.46% |
| Equity Fund | 20.17% | 6.83% | 11.20% |
| Short-Term Income Fund | 1.94% | -1.53% | 0.80% |
The benchmark average annual calendar returns:
| 2023 | 2021-2023 | 2019-2023 | |
| Balanced Fund | 15.51% | 4.51% | 8.45% |
| Bond Fund | 7.06% | 0.91% | 2.27% |
| Equity | 21.05% | 7.73% | 12.05% |
| Short-Term Income Fund | 3.80% | -0.32% | 0.99% |