Agenda item

Consideration was given to the report of the Corporate Director, Resources which provided an overview of the performance of the Fund up to 30 September 2012 (for copy see file of Minutes).

The report gave details of the five Managers against their benchmarks for the third quarter, each year and since inception. Hilary Appleton, Strategic Finance Manager - Corporate Finance, advised that the Plan had outperformed the total benchmark by 0.08% over the third quarter.

Resolved:

That the information given be noted.