Hospital district portfolio takes $10.3 million hit in October

The benchmark, however, is down .46 percent for the calendar year, which would represent a loss in value of just more than $1.4 million. The Marion County Hospital District’s investments took a beating in October, losing more than $10.3 million in value as world markets contracted on continued trade uncertainties combined with a pull back in the technology market. But Rich Bianculli, the chairman of the district’s board of trustees, said it’s no time to panic.