Investment
Investment - Protect: Severance and Income Protection benefits
| Protect’s significant investment portfolio supports the sound management of Australia’s best industry severance scheme for the benefit of workers and their families. |
| The Protect Board is committed to responsibly managing the scheme’s finances to provide for superior investment, legal and audit advice and continuous improvements in member services. Protect’s balanced investment strategy is structured to withstand short-term market fluctuations, while targeting growth over the medium term. As of June 2010: |
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| During the past two years, the volatility of local and global share markets has affected the value of investment portfolios held by superannuation funds, industry severance schemes, governments and numerous corporations. During financial year 2009/10, the total market value of funds invested by Protect rose marginally from $145.7 million to $157 million. An increase of $18.5 million in net contributions to Protect during the year and a negligible increase of 0.79% in the value of the scheme’s investments due to difficult investment conditions as a result of the global financial crisis. |


