Tena koutou katoa – Greetings to you all
Investing wisely
I am pleased to report that the Trust’s
investments experienced considerable
growth returning 13.24% in the financial
year. As at 31 March 2013 the Trust fund
was valued at over $285million. Established
in perpetuity, the Trust aims to grow the
value of the capital fund to keep pace with
both inflation and population growth in the
region, without taking on undue risk, so that
the fund is worth just as much for future
generations as it is for current communities.
Much progress has been made in rebuilding
the value of the capital fund, following the
falls during the global financial crisis.
The Trust investments are spread across
a range of asset classes: global equities,
Australasian equities, private equity,
unlisted property, infrastructure, global
fixed interest, New Zealand fixed interest
and cash. The portfolio is well diversified
by asset class and fund manager, with
the allocation of assets designed to
achieve the Trust’s goals of long-term
capital growth and donating consistently to
current communities. As a signatory to the
Principles for Responsible Investment, the
Trust continues to consider ways in which
environmental, social and governance
issues may impact on both investments
and communities.
This year marks a significant milestone
for the Trust as it celebrates 25 years of
philanthropy in the greater Waikato.
Trust Waikato has a vision of
resilient and vibrant communities
throughout the region it serves.
In contributing to that vision,
the Trust aims to invest wisely
the capital fund with which
it is entrusted and to donate
effectively the proceeds of
those investments to benefit
current and future communities.
CHAIR'S
REPORT
Strategic Allocation of Financial Assets
NZ Fixed
interest
Unlisted
property
Global
equities
Australasian
equities
Private
equity
Infrastructure
NZ Cash
Global Fixed
interest
10
C H A I R ' S R E P O R T
