Mormon Investment Fund Worth 38 Billion - ONE FUND
SALT LAKE CITY (AP) - The Church of Jesus Chris of Latter-day Saints’ largest investment fund had nearly $38 billion in stocks and mutual funds at the end of 2019, according to a filing that sheds new light on the faith’s finances.
The fund called Ensign Peak Advisors submitted a filing to the U.S. Securities and Exchange Commission on Feb. 14 disclosing its holdings, which include $1.5 billion each in Apple and Microsoft, the Salt Lake Tribune reported Saturday.
The church also owned $930 million in Google stock and $855 million in Amazon.
https://www.washingtontimes.com/news/2020/mar/7/report-mormon-church-investment-fund-had-nearly-38/?utm_source=RSS_Feed&utm_medium=RSS