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town-of-palm-beach-retirement-system-pension-investment-performance-review_a43.pdf

Vanguard Institutional Index Fund Anchors Town’s U.S. Equity Allocation

Town of Palm BeachVANGUARD INSTL INDEX (VINIX)August 31, 2025

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WithersRavenel logo
Derivita logo
Comcate logo
SafeTouch logo
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Motive logo
Veritone logo
TerraCycle logo
Cyvl logo
WithersRavenel logo
Derivita logo
Comcate logo
SafeTouch logo
IANS Research logo
Motive logo
Veritone logo
TerraCycle logo
Cyvl logo
WithersRavenel logo
Derivita logo
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Description

The Town of Palm Beach Retirement System Pension maintains a substantial allocation to Vanguard Institutional Index Fund (VINIX), providing core S&P 500 exposure with approximately $100 million invested. The fund underpins the plan’s domestic equity portfolio.

Contract Details

Vendor

VANGUARD INSTL INDEX (VINIX)

Agency

Town of Palm Beach, FL

Contract Type

FINANCIAL_SERVICES

Document Date

August 31, 2025

Renewal Info

Open-end mutual fund investment; no defined end date or renewal requirement.

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