The DEA’s annual Annuity Fund letter was mailed the week of April 25, 2025, and the Fund had a very good year in 2024. The Standard and Poor’s 500 index was up over 25% and fixed income was up 3-4%. The DEA Annuity Fund had 12.26% total investment return, a dollar increase of over $26-million, bringing the total market value of the Fund to over $231-million.
As we move forward in 2025, and the new Administration starts to implement their new economic policies, continued volatility in the equity markets may continue. Fortunately, the DEA Trustee-directed Annuity Fund is a balanced portfolio with an allocation in fixed income. The Federal Reserve has indicated a willingness to lower Fed fund rates and that will support the bond market. The Trustee-directed Annuity Fund will continue to be monitored and managed carefully so that we can strive to bring you the best results possible.