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The City of Winchester Trust Ltd

INFORMATION PACK FOR
TRUST COUNCIL MEMBERS


12 INVESTMENT POLICY


The investment objectives of the Trust are to preserve and enhance the Trustís assets to allow the charity to finance its activities both in the short and longer term.

The Trustís policy is to balance its investments in financial instruments between active and passive investment approaches. The active element comprises a portfolio managed on a discretionary basis by an investment manager, while the passive element comprises in vestments in low cost Exchange Traded Funds, for which the Trustís investment manager acts as custodian. In addition part of the Trustís leasehold property, the flats at 30 Upper Brook St, Winchester is held for investment purposes, the rental income representing the main element of the Trustís annual income.

The investment objective for the Trustís investments in financial instruments is to achieve a balance between capital growth to secure the Trustís longer term objectives and income generation to provide income, in addition to membership subscriptions, to finance its current charitable activities.

The Trustís policy is to accept a high risk of volatility within its investment portfolio, both in terms of capital value and income generation, while aiming over time to achieve returns above the rate of inflation. This policy has been adopted due to the low returns currently available on lower risk asset classes and the Trustís capacity as a long term investor to accept temporary capital losses as a result of fluctuations in equity markets. The Trustís investments are confined to listed investments of a collective nature, in order to achieve diversification, which reduces the risk of permanent capital loss arising from the failure of a particular company or sector.



[Revised June 2017]






Recent News

2018 AGM - CWT AGM will be held at Milner Hall on Monday 24th September. more....

Summer Walks 2018 - CWT have announced further walks for 2018 upto 9th August. more....

Press Release for Ebook - CWT have produced an Ebook version of Andrew Rutter's book 'Winchester Heart of a City'. more....

Winchester win Civic Voice Award - CWT's nomination of Winchester University Chapel wins top design award more....

The Big Conservation Conversation -
The view of the City of Winchester Trust to the Big Conservation Conversation. more....

Cards and Prints for Sale -
CWT have a number of cards and prints available for sale. more....

Further News


Recent Papers

Report on the annual WCC Coach Tour of recent developments more....

CWT's Report on training day for Winchester Future 50 on 21st September more....

Report on the new Leisure Centre Framework Meeting more....

CWT have produced a response to Central Winchester Regeneration Area consultation more....

Members Meeting on Central Winchester Regeneration Area consultation more....

Taking Cycling Seriously more....

CWT Station Approach revised plan more....

CWT comments on WCC draft Strategy more....

CWT Station Approach review more....

Station Approach so far more....