Elected Officials Retirement

CITY OF HIALEAH ELECTED OFFICERS RETIREMENT TRUST COMMITTEE SUMMARY MINUTES May 7, 2018 A meeting of the Elected Officials Retirement Oversight Committee was called to order Monday, May 7, 2018, at 2:15 p.m., in the Law Office Conference Room. Roll Call:  Christopher Chiocca, Finance Director Present  Marbelys Fatjo, City Clerk Absent  Councilman Paul Hernandez Absent Also present:  Grisell Aedo, Retirement Director  Alan Krueger, Retired Assistant City Attorney  Frank Wan, Vice President & Investment Advisor, Burgess Chambers ITEM 1 Due to a lack of quorum, no voted business (minutes, invoice approval, and Board elections) occurred in this meeting. ITEM 2 Mr. Frank Wan, Vice President, Burgess Chambers and Investment Advisor presented the quarterly performance report. Mr. Wan stated the investments have earned 7.4% ahead of the Trust’s benchmark of 7.0% at the five year mark. CONCLUSION OF MEETING There being no further business to come before the Committee, the meeting was adjourned at 2:45 p.m. The next Committee meeting was not scheduled at this time.