Thursday 11 December 2014
The Treasury and Resources and Social Security Departments administer three significant investment funds with a combined total assets of just over £2.3 billion. These are the Superannuation Fund which underpins the pension arrangements for public sector employees, the General Investment Pool (which includes the Core Investment Reserve and various capital balances), and the Common Investment Fund which underpins the social security provision for islanders.
End Q3 2014 Performance (All figures in sterling terms and annualised) | Department | 3 Months | Trailing 1 Year | Trailing 3 Year |
| Superannuation Fund | T&R | 1.19% | 8.63% | 10.03% |
| General Investment Pool | T&R | 0.47% | 4.84% | 5.76% |
| SSD Common Investment Fund | SSD | 0.07% | 5.68% | 8.18% |
Please note the performance for the Superannuation Fund and General Investment Pool is expressed net of fees and the performance for the SSD Common Investment Fund is expressed as a blend of both gross and net of fees.
Please note each of the funds have different liabilities which is reflected in different return objectives, risk profiles and investment structures. As a consequence the returns are not comparable.
-ENDS-
