Foundation Investments Update

December 12, 2018

SeptemberThe General Gumala Foundation Trust wishes to report to Beneficiaries that as at 30 September 2018 it had total assets under investment of $108.3M, up from $106.8M at 30 June 2018. $2.7M of cash from interest and dividend revenues has been invested into market investments for the quarter as part of the ongoing strategy of minimising low-earning cash holdings.
Total Revenue for the September 2018 quarter was $5.4M with $4.3M being retained for the benefit of Members and Beneficiaries through available Member Program Funding and investments into the Future Fund. Member Program Funding accruals stand at $13.1M at 30 September, providing assurance of funding of member programs for the remainder of the current 2018/19 financial year.


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