Investment Strategy Statement
- The principle longer-term objective for investments is income generation with medium volatility risk.
- Diversification is a high priority, across both asset classes and geographies.
- Equity funds should provide a high degree of geographical diversification and higher than average dividend yields.
- Fixed income funds should provide a good diversification across credit worthiness, interest rate risk, and inflation risk.
- Alternative investments should be income-generating, and offer good liquidity.
- Annual management charges should be considered carefully, and kept to a minimum where possible.
- The total number of collective funds invested should be kept to a minimum in order to reduce dealing and transaction costs.
- Any cash accumulated within the investment account should be paid away for club expenses, or reinvested periodically.
Updated: February 2024
Port Strategy Statement
- The aim is to ensure that the Club holds sufficient vintage port to be drunk at the Club’s annual dinners for the next 10-20 years.
- A drinking plan will be maintained to indicate which vintages will be drunk each year.
- When required, with the approval of the committee, some of the stock may be sold (either on the open market or to members) or bought to maintain a level and type of stock to achieve these aims.
Updated: July 2024