Idaho’s permanent endowment fund has outperformed its benchmark with a 3% gain in April 2011, The Spokesman Review reports. The fiscal year-to-date gain stands at 26.8%. The endowment fund faced a drop of about 2.1% in May till date. Receipts from endowment lands for the first nine months of the fiscal year show an increase of 5% from the same period in 2010.
Click here for the story from The Spokesman Review.