IMCO reports net return of 9.9% in 2024, with Mag 7 equities leading the charge
Returns across IMCO’s client portfolios ranged from 8.2% to 11.3%.
Returns across IMCO’s client portfolios ranged from 8.2% to 11.3%.
The return came in slightly below the total fund benchmark return of 13.8%.
The return came in slightly below the total fund benchmark return of 13.8%.
In a press release, the Comptroller said Tesla has suffered financially, causing enormous losses for its shareholders.
The fund’s risk management portfolio produced the strongest returns of 33.9%, largely driven by its exposure to gold.
“Despite a challenging economic environment, this impressive return aids in enhancing benefit security for our 10,000+ members and beneficiaries,” said Christopher Brown, the plan’s CEO.