Issue - meetings

Portfolio Review

 

 

Meeting: 03/12/2013 - The Committee of Aldermen to Administer the Sir William Coxen Trust Fund (Item 6)

6 Portfolio Review pdf icon PDF 2 MB

To consider a report of the Chamberlain relative to a review of the investment portfolio.

 

 ...  view the full agenda text for item 6

Minutes:

The Committee received a report of the Chamberlain which updated Members on the investment performance of the Income Fund. Income received during 2012/13 amounted to £111,815.

 

The Chamberlain informed Members that due to estimated dividend and interest income in 2013/14 and an adequate reserve having been established, the Trust could allocate up to £75,000 in grants at this meeting.

 

 

 

 ...  view the full minutes text for item 6