annual gazette | 85
THE VALENCE MARY (1997) ENDOWMENT FUND The value of the Valence Mary (1997) Endowment Fund stood at £3,568,396 on 31 March 2021, compared with £3,080,820 a year earlier. It is largely invested in equities. The time weighted return in the period was +19.3%. A copy of the accounts is available from Matthew Mellor (Development Director and Steward of the College). The Trust thanks David Miller (1977) for his continued good advice with regard to the Trust’s investments.
