FSM Social Security Board Concludes CY 2026 2nd Regular Meeting in Guam

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FSM Social Security Administration（http://www.fsmssa.fm/）

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Posted on August 21, 2026 August 21, 2026（http://www.fsmssa.fm/fsm-social-security-board-concludes-cy-2026-2nd-regular-meeting-in-guam/） by LizzyAnn Rosario（http://www.fsmssa.fm/author/priana/）

FSM Social Security Board Concludes CY 2026 2nd Regular Meeting in Guam

FOR IMMEDIATE RELEASE

TAMUNING, GUAM – May 6, 2026 — The Board of Trustees of the Federated States of Micronesia (FSM) Social Security Administration successfully concluded its 2nd Regular Meeting of Calendar Year 2026, held May 4–6 in Tamuning, Guam. The three-day session encompassed strategic investment decisions, administrative updates, legislative recommendations, and a public forum for FSM citizens living in Guam.

Key Actions & Meeting Highlights

Investment Portfolio Growth: Consultants from Raymond James reported that the fund’s total value rebounded to $67,978,932 as of May 1, 2026, marking a 6.48% recovery following Q1 market fluctuations.

Portfolio Restructuring: Following presentations and interviews, the Board approved significant investment adjustments to optimize performance:

U.S. Large Cap Value: Unanimously voted to terminate Aristotle Capital Management and appoint Putnam Investments as the new portfolio manager.

U.S. Large Cap Growth: Unanimously voted to terminate Winslow Capital Management and index these funds through the Vanguard Russell 1000 Growth ETF .