Information request regarding investment portfolio
The request was successful.
From: Brent Sheather
Dear Accident Compensation Corporation,
“Under S16(2) of the Official Information Act, my preferred way of receiving a response is by email to the address from which ACC received the original request, not by post.” I am considering writing a story on the investment performance of ACC and would like the following information:
• Details of management fees and performance fees payable by ACC on its various investments with fund managers
• The pre-tax, post-fee performance of the major asset classes ie NZ bonds, global bonds, NZ shares, Australian shares and global shares, over 1 year, 3 years, 5 years and 10 years
• Total investment management fees payable by ACC in the 12 months ended June 2017 and the weighted average funds under management in that period so that I can work out the average fees paid in percentage terms.
Thank you for your assistance.
Brent Sheather (BMS – Waikato, 1979) - [email address]
NZSIA Certificate in Investment Analysis (1986)
MEMBER OF AMERICAN FINANCE ASSOCIATION
AUTHORISED FINANCIAL ADVISER
Private Asset Management Limited
From: Government Services
Accident Compensation Corporation
Dear Mr Sheather,
Please find attached our response to your request.
Government Engagement and Support ACC
ACC cares about the environment – please don’t print this email
unless it is really necessary. Thank you.
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