Client fund management
Te Tumu Paeroa's specialist investment team actively manages client funds to achieve the best risk-adjusted return.
Client funds, both for trusts on trust accounts, and for individual clients on client accounts are held in the "Common Fund". As of 31 March 2016, the Common Fund held $104 million of client funds.
See more on how funds are held and paid to clients.
There are around 130,000 individual accounts in the Common Fund along with trust and property accounts.
Account holders whose account has a balance on the last day of the calendar month are entitled to a share of the income generated in the Common Fund – this share is called Distributable Income.