Presentation to Vermont Pension Investment Committee  slide image

Presentation to Vermont Pension Investment Committee

Volatility Analysis: Private Asset-Focused Investments The strategy has exhibited consistent positive performance regardless of broader market fluctuations 14% 12% 10% 8% 6% 4% 2% 0% -2% -4% -6% -8% -10% -12% -14% Jan-16 1.29% Lake and Feb-16 Oil Shock 1.15% Mar-16 Portfolio 0.80% Apr-16 0.91% Monthly Return Performance in Times of Market Volatility Liquidity/Rates Shock May-16 Confidential - Not for Publication or Distribution 1.00% Jun-16 S&P500 1.61% of paytadanes Oct-18 0.94% CSLLI Nov-18 ➡ 1.08% 22 Dec-18 ➡0.91% ■HOAO Jan-19 1.11% Feb-19 ☐ 0.81% Mar-19 ■COAO 1.26% Mar-20 All investments involve risk, including loss of principal. Past performance is not indicative of future results. Please refer to slide 34 for index definitions and an important index disclosure. -2.72% COVID Shock JUL Apr-20 0.82% Barc ABS Index May-20 0.94% Jun-20 2.76% ØARES
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