The Ironbark tree is renowned for its strength and durability, which we believe is reflected in the features of our investment portfolio
INVESTMENT PERFORMANCE
IBC recorded a sound return of 7.0% over the financial year with conservative settings and low relative volatility. The return, however, underperformed the benchmark return of 10.35% (1 year swap rate +6%pa). Since inception, over 20 years including two crisis periods (GFC & Covid-19) the portfolio achieved a return of 8.9%pa with 52% of equity market risk measured in terms of volatility.