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Investment Performance

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Investment Performance: Three Year Annualized Returns

June 2025
RSA Fund I RSA Fund II RSA Fund III RSA Fund IV RSA Fund V (Micro) RSA Fund VI (Active) RSA Fund VII (Retiree)
Investment Returns (annualized) 18.21% 19.36% 19.36% 16.21% n.a 15.35% 15.42%
Standard Deviation (annualized) 4.50% 8.65% 5.30% 4.43% n.a 3.18% 2.72%
Sharpe Ratio 0.40 0.34 0.56 n.m n.a n.m n.m

July 2025
RSA Fund I RSA Fund II RSA Fund III RSA Fund IV RSA Fund V (Micro) RSA Fund VI (Active) RSA Fund VII (Retiree)
Investment Returns (annualized) 22.10% 22.85% 18.66% 17.43% n.a 17.15% 16.04%
Standard Deviation (annualized) 6.54% 10.33% 6.56% 5.29% n.a 4.69% 3.38%
Sharpe Ratio 0.87 0.62 0.98 0.19 n.a 0.16 n.m

August 2025
RSA Fund I RSA Fund II RSA Fund III RSA Fund IV RSA Fund V (Micro) RSA Fund VI (Active) RSA Fund VII (Retiree)
Investment Returns (annualized) 21.58% 22.63% 18.51% 17.49% n.a 17.25% 16.28%
Standard Deviation (annualized) 6.39% 9.90% 6.12% 4.92% n.a 5.44% 3.68%
Sharpe Ratio 0.78 0.61 0.31 0.18 n.a 0.12 n.m

September 2025
RSA Fund I RSA Fund II RSA Fund III RSA Fund IV RSA Fund V (Micro) RSA Fund VI (Active) RSA Fund VII (Retiree)
Investment Returns (annualized) 21.33% 22.69% 18.79% 17.67% 23.97% 17.66% 16.5%
Standard Deviation (annualized) 6.32% 9.67% 5.99% 4.81% n.a 6.02% 3.87%
Sharpe Ratio 0.74 0.62 0.35 0.21 n.a 0.16 n.m

October 2025
RSA Fund I RSA Fund II RSA Fund III RSA Fund IV RSA Fund V (Micro) RSA Fund VI (Active) RSA Fund VII (Retiree)
Investment Returns (annualized) 22.10% 23.40% 19.15% 17.92% 24.20% 18.48% 16.71%
Standard Deviation (annualized) 6.38% 8.51% 5.63% 4.51% 0.35% 6.21% 3.73%
Sharpe Ratio 0.84 0.79 0.43 0.27 n.a 0.29 n.m
  • n.m – not meaningful
  • n.a – not available due to fund start date of Fund V
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