The Ironbark tree is renowned for its strength and durability, which we believe is reflected in the features of our investment portfolio

Investment Performance

The IBC portfolio recorded a very good return of 8.9% over the six months to 31 December 2016 and 10.4% over the year. Since inception, over 14 years including the GFC, the portfolio achieved a return of 9.5%pa. Returns over the medium 3-6 year term ranged from 6%pa to 8.3%pa. Performance exceeded the portfolio's benchmark (1-year swap rate plus 6%pa) over the half year and one year periods. The portfolio achieved excellent risk-adjusted returns with volatility measuring 2/3rds less than the ASX Index over the half year and around half of the ASX Index volatility over one year.

Read the full Annual Investment Report as at 31 December 2016