Managed funds

Trustees resolved in September 2021 to divest some of the Trust’s assets into managed funds and in October 2021 invested $4 million with Craigs Investment Partners. This money had accumulated from matured term deposits derived from the sale of various Trust properties as well as retained earnings.

With additional contributions made to the fund from sale proceeds following strategic decisions to sell some of its older commercial properties, today the Trust has over $10 million invested in these funds.

The Trust also owns community land in Greytown and commercial properties.