Benevolent Society‰Ûªs social benefit bond results revealed

The Benevolent Society, Australia’s first charity, today announced the  fourth year results of its Social Benefit Bond, a five-year Intensive Family Support service, funded by private and institutional investors and developed in partnership with Commonwealth Bank of Australia, Westpac Institutional Bank, NSW Treasury and the NSW Department of Family and Child Services (FACS).

The Benevolent Society’s Social Benefit Bond meets the highest international standards and industry best practice with its Resilient Families Program. The Performance Percentage reported at 30 June 2017 is 24 per cent compared to the indicative 19 per cent reported in the previous Investor Report.  This result would theoretically provide returns of 7 per cent for capital protected class investors (Class P) and 15 per cent for capital exposed class investors (Class E) at the end of the five year bond next year.

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