DRI Fund Rural Investment Cofinancing Fund

The fund earns interest out of investment in securities.

The Provident Fund loans are not considered an investment asset.

(2) such insurance fund operation as guarantee, financing and investment, etc.

Sales have since declined and the Investment Fund is now empty.

Less Funds drawn from the investment managers to the General Fund

Pension Fund, Investment Management Services, 6,476 square feet in New York

It was necessary to specify under which Fund account investment income accrues.

In August 1996, an investment account was established for this trust fund.

Compared to 2005, the main increase in investment funds is in fund raising.

125. The starting cost is paid by the Disabled Persons apos Investment Fund.

The real estate investments of the Fund require legal reviews of each investment opportunity.

The long term investment objectives of the Fund are, first, to preserve the principal of the Fund in real terms and, second, to obtain an optimal investment return over the long term while avoiding undue risk.

It had channelled external cooperation into poverty reduction programmes through its Emergency Fund for Social Investment.

The Fund continues to be unique among major pension funds in its commitment to global investment.

All parties involved in the investment process reviewed the Fund apos s portfolio continuously and carefully.

(a) The assets of the Fund are managed by professional investment management groups. These investments are valued at cost or market value, whichever is lower. This results in valuation of 824,312,481 for the dollar fund and 2,355,699 for the Austrian schilling fund. However, all the investment managers base their valuations on market value which, at 31 December 1997 was 842,389,890 for the dollar fund and 2,436,927 for the Austrian schilling fund

The Fund relies on three sources of income (a) employers' contributions (b) employees' contributions and (c) investment income.

(c) The additional office space required to accommodate the Fund apos s secretariat, including the Investment Management Service.

This provision is to cover the cost of auditing both the administrative and the investment operations of the Fund.

The cost of the Investment Management Service space would therefore be fully charged against the assets of the Fund.

While it was not possible to find a pension fund portfolio sufficiently similar to the Fund apos s against which investment returns might be compared, a strategic benchmark for the Fund had been implemented on 1 January 1997.

The fund balance of the Peacekeeping Reserve Fund as at 31 March 2005 amounted to 165.02 million, prior to the recording of investment income for the first quarter of 2005.

Their main investment was a low cost index mutual fund, and the Clintons reported dividend and interest income of 109,000.

The Board reports to the General Assembly on the operations of the Fund and on the investment of its assets.

The Investment Fund was set up in the early 1990s with funds generated from the high number of stamp sales.

The fund raising strategy calls for increased investment in legacies in key National Committee markets where opportunities have been identified.

In launching this fund, we hope to encourage foreign investment that will have a positive impact on the continent's development.

In 1995 the Fund carried out 740 projects and created 2,960 jobs at an investment of about 14.2 million dinars.

Financial rule 9.3 specifies the conditions for recording of investment income which is to be credited to the General Fund.

3. Notes that the Board requested the Fund to continue its efforts to consolidate the information technology services of the secretariat of the Fund and those of the Investment Management Service

The Board expressed its appreciation to the representative of the Secretary General, to the Chairman and members of the Investments Committee, and to the staff of the Investment Management Service and the investment advisers, for the good investment performance of the Fund.

Is the creation of a special fund and financial services for South South trade, technology and investment flows a viable option?

The level of the investment advisers' fees is dependent on the market value of the Fund and the prevailing fee structures.

Reviews the direct investment made by the Fund in a building on East 41st Street in New York City ( 180 million).

The representative of the Secretary General cautioned against focusing on short term results and reiterated that investment returns should be looked at over the long term as the Fund had long term investment objectives.

The creation of this Office, which resulted from the restructuring of the Rural Investment Cofinancing Fund (DRI Fund), now allows attention to be given to women in all the Ministry apos s programmes.

Administrative audit costs chargeable to the United Nations regular budget are estimated at 102,400 those relating to the administrative audit of the Fund are budgeted at 204,800 and those to cover the audit of investment operations are also estimated at 204,800 and budgeted under the investment costs of the Fund.

(2) determining material financial items such as fund raising, investment, guarantee, donation, reorganization, remuneration for operators and income distribution and so on

As the Fund continues to mature it will rely more heavily on investment income for the payment of pensions and related benefits.

The representative of the International Monetary Fund (IMF) focused on the investment climate and the creation of an environment conducive to FDI.

Accordingly, it was necessary to reduce fund transfer costs, which diminished funds going into savings and investment in the countries of origin.

Note 10. Contributions and funding Area Staff Provident Fund (statement XXVI and schedule 18) Funds drawn from the investment managers was 61,155,000.

9. The Government s capital budget estimates form the basis of the public sector investment programme, which is financed through the Development Fund.

(b) Investment costs, which cover fees payable to the advisors and custodians for the investment portfolio, the cost of salaries, related staff costs and operational costs for the staff in the Investment Management Service of the Fund and costs related to meetings of the Investments Committee