NILGOSC monitors all aspects of the Fund’s performance and funding. Each quarter, NILGOSC monitors the performance of the combined assets and the performance of each manager’s portfolio against their target benchmark. With the assistance of its investment advisor, NILGOSC also reviews each manager’s long-term investment performance and the appropriateness of the Fund’s benchmarks.
Market performance
Market performance over the year to 31 March 2023 for each asset class that NILGOSC is invested in, is set out below.
Fund performance
Over the year to 31 March 2023, the Fund’s overall return on the total assets was -6.85% (gross of fund manager fees).