INVESTMENT PERFORMANCE

IBC recorded a good portfolio return of 5.6% over the half year outperforming its benchmark return of 3.1% and the equities market return of 4.0%. Since inception, over 19 years including two crisis periods (GFC & Covid-19) the portfolio achieved a return of 9.1%pa with risk measured in terms of volatility approximately 54% of equity market risk.

Read the Investment Report as at 31 December 2021