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May 08
Investment Performance and Oversight
by  John CrosbyNo presence information  on 5/8/2012 4:29 PM
Category: Governance

Similarly, the AOA Investment Committee met via teleconference on 5/7/12, led by AOA Past President Larry A. Wickless, DO, Chair, to review AOA investment performance.  Operating investments decreased in value by $49,746 during April but have increased in value by $40,557 during the eleven-month fiscal period ending 4/30/12, bringing their current market value to $22,781,515. Osteopathic Research and Development Fund investments also decreased by $14,201 in April, and by $31,732 thus far this fiscal year; the market value is currently $5,569,885.  Dale Dodson Educational Fund investments lost $5,337 during April but have grown by $23,304 thus far this fiscal year, bringing their market value to $1,587,180.  Average return on investments during the first quarter of 2012 exceeded 8%, reflecting the improving U.S. economy.  ​

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