Vanguard Institutional Index Fund Anchors Town’s U.S. Equity Allocation
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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.
More from VANGUARD INSTL INDEX (VINIX)
More from Town of Palm Beach
Town of Palm Beach Investment Advisory Committee Agenda 2026-05-15
Town of Palm Beach Retirement Board of Trustees Meeting Agenda 2026-05-15
Town of Palm Beach Retirement Board of Trustees Meeting Agenda 2026-05-15
Town of Palm Beach Retirement Board of Trustees Meeting Agenda 2026-05-15
Town of Palm Beach Retirement Board of Trustees Meeting Agenda 2026-05-15
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