Investments
As a matter of good governance, TIPF through its partners, manages investments as per the dictates of an Investment Policy Statement (IPS) and IPEC regulations. The Fund’s investment portfolio is made up of property, listed equity, private equity, prescribed assets and interest-bearing securities subject to category limits. Returns are passed on to members in the form of bonuses which are declared annually. The IPS provides clear policy guidelines on the following key aspects:
- Investment Objectives
- Portfolio Asset Mix
- Regulatory Investments Limits
- Portfolio Diversification
- Investment Restrictions
- Reporting guidelines
Investment Managers
The Fund out-source the management of its assets to First Mutual Wealth (FMW) which are experts in the area however the Fund’s Trustees remain in control of the ultimate investment strategies.
