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 Vrs 2a Continuation Form 2014

2014-2025 Form

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Instructions and help about Vrs 2a Continuation Form

2023 was really a very volatile year. A lot of the drivers of that really centered around the headlines that we all see on a daily basis. VRS recorded a 6.1% investment return in fiscal year 2023. The year saw its challenges. The global economy is still pressured by inflation and the effects of the ongoing war in Europe. Still, our investment portfolio showed continued strength by exceeding its three-, five- and 10-year benchmarks. The long term health of the VRS Trust Fund remains strong. We're very diversified across a number of different asset classes and strategies. We’re diversified across multiple geographies. We're not just a U.S. investor. We're not just focused on Europe. We're not just focused on Asia. We're a global investor. And we think that we have built a portfolio that will meet the long- term expected return set by the board and smooth out the ride along the way. The VRS investment team remains focused on the current and future

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