Funds’
performance
The Trinity College Foundation received $1.9 million in donations in 2021, and earned a further $2.6 million of income from its investments. At the end of 2021, the foundation had a total of $46.5 million in assets under management and $5.7 million in loan to the College. Net assets of the foundation were $54.7 million.
is CPI plus five per cent. As a public ancillary fund, the foundation is required to distribute at least four per cent of its net assets each year.
The Trinity College Foundation uses an independent investment advisor (Jana Investment Advisers Pty Ltd) to help manage its growing pool of assets. The assets of the foundation are currently invested in a mixture of Australian and international equities, debt and liquid securities. The foundation does not invest directly, but uses recommended fund managers specialising in the various market segments.
For 2021, the returns were as follows. Performance to 31 December 2021
1-yr % pa
5-yr % pa
Since inception 2001/02 % pa
Trinity College Foundation
13.7
8.7
8.5
SAA – Medium term
14.8
9.6
7.6
SAA – Long term
15.4
10.1
-
8.5
7.0
7.0
Australian CPI + 5% Notes:
Strategic asset allocation (SAA) – Long-term benchmark inception date is 1 March 2020 Strategic asset allocation (SAA) – Medium-term SAA most recent change as from 1 March 2020
The following table shows donations, The weightings of the various segments investment income and disbursements to determine a benchmark portfolio return Trinity College over the last five years. against which the results of the investment managers are measured. The overall 2017 2018 2019 2020 2021 objective is to maintain the corpus of the Donations $1.2m $1.8m $3.3m $2.4m $1.9m foundation funds in real terms so inflation Investment income $4.7m $3.0m $2.1m $2.2m $2.6m does not diminish the purchasing power Disbursements ($1.5m) ($1.6m) ($1.5m) ($1.9m) ($2.0m) of the endowed funds over time. The investment return target of the foundation Please note that philanthropic funds are also held within Trinity College.
Trinity College Foundation / 2021 Annual Report
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