City of Traverse City ACT 345 Retirement System Board AgendaPacket 2026-06-30
Fidelity Midcap Index Strategy Remains in Pension Portfolio
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Description
The ACT 345 Retirement System maintains an ongoing mid-cap index equity mandate with Fidelity Midcap Index, with about $4.8 million invested and a 9% target allocation as of June 2026. This position supports diversification within the domestic equity portfolio.
Contract Details
Vendor
FIDELITY MIDCAP INDEX
Agency
City of Traverse, MI
Contract Type
FINANCIAL_SERVICES
Document Date
June 30, 2026
Renewal Info
Ongoing indexed equity investment; no explicit contract renewal schedule provided.
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City of Traverse City ACT 345 Retirement System Board AgendaPacket 2026-06-30
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City of Traverse City ACT 345 Retirement System Board AgendaPacket 2026-06-30
City of Traverse City ACT 345 Retirement System Board AgendaPacket 2026-06-30
City of Traverse City ACT 345 Retirement System Board AgendaPacket 2026-06-30
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