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Conservative PARS plan <br /> Account Balance <br /> $20 $18.32518.57518.55518.66 <br /> 517.48 518.17 <br /> $18 518.14$17.63 <br /> 516 <br /> $14 <br /> c <br /> 512 $11.89 <br /> 0 <br /> 510 <br /> 2 <br /> $8 $5.70 $6.94 57.06 <br /> 56 <br /> 54 <br /> S2 <br /> So <br /> 00 00 CO 01 01 01 01 O 0 0 0 N ei N N N <br /> rl rl riri rl N N N N N N N N N N <br /> c y v n c a i c a a, c <br /> v1 0 2 2. 1n 0 1n p N 0 3 <br /> The second portfolio (Capital Growth) addresses the longer-term pension liabilities with <br /> initial investment of $21.3 million. The focus of this portfolio is to earn a higher rate <br /> of return over the next ten years or so before we would need to draw upon it. <br /> Capital Growth PARS plan <br /> Account Balance <br /> $35 <br /> $30.65 <br /> $30 29.36$29.11 $28.94 <br /> $26.71$27.80 <br /> $25.67 <br /> $25 $22.81 <br /> $21.56$22.24 <br /> $19.95 <br /> $20 18.575 <br /> 0 <br /> 2 $15 $13.2 <br /> $10.65 <br /> $10 <br /> $5.3 <br /> $5 I$- <br /> Jun-18 Oct-18 Feb-19 Jun-19 Oct-19 Feb-20 Jun-20 Oct-20 Feb-21 Jun-21 Oct-21 Feb-22 Jun-22 <br />