INVESTMENT PERFORMANCE

IBC recorded a sound return of 7.8% over the financial year with conservative settings and low relative volatility.

The return outperformed the benchmark return of 6.85% (RBA cash rate +3%pa). Since inception, over 23 years including two crisis periods (GFC & Covid-19) the portfolio achieved a return of 8.8%pa with 51% of equity market risk measured in terms of volatility.

Read the Investment Report as at 30 June 2026