October 2023

Investments, FANZ Conference Support & March 2023 Financials

The trust investment portfolio sat at $2,173,086 as at 30 September 2023 which is a slight increase year on year in what has been a challenging market environment.

The fund continues to be managed 50/50 by JMI Wealth & Jarden both with whom the Trustees regularly meet to review the investment allocation & strategies with a Balanced portfolio approach being followed.

A commitment was again made to supporting the ‘Thrive’ Financial Advice NZ conference to be held in March 2024 with sponsorship of $3690 for a morning break and two fee scholarships for first time attendees.

The Trustees continue to look actively for further opportunities for making grants to support & foster financial advice as an important part of the NZ financial services landscape.

The March 2023 financial accounts for the Trust were recently approved and are available here.