New Zealand Gazette – 2009 – No. 96

Page 2152

✨ Trustees' Information

2152 NEW ZEALAND GAZETTE, No. 96 1 JULY 2009

There is a 68% probability that the return in any one year will be within the range -3.0% to 19.5%.

These sensitivity analyses are based on the volatility of each asset class and the investment portfolio as a whole, as measured by plus or minus one standard deviation.

The overall effect of the Trust’s diversified portfolio of uncorrelated financial assets is to reduce volatility and stabilise investment returns over time.

15. TRUSTEES’ ATTENDANCE AND REMUNERATION

Trustees’ remuneration for meeting attendance and an annual honorarium is set by the Minister of Finance. Trustees are also reimbursed for travel costs. Details of the Trustees’ attendance and remuneration are:

Attendance Record & Fees of Trustees

Trustee	Two Day Trust Meetings attended	Sub-Committee Meetings attended	Fees $
Barbara Cameron	6 of 6	9 of 9	11,860
John Culling	1 of 1	6 of 6	6,373
Beverley Fullerton-Smith	6 of 6	14 of 14	13,330
Ron Garrod	5 of 6	10 of 11	9,880
Pamela Good	5 of 6	5 of 6	10,082
John Gordon	6 of 6	15 of 16	14,260
Shona Jones	6 of 6	10 of 10	11,016
Claire Matthews	6 of 6	14 of 15	14,612
Margaret May	6 of 6	15 of 15	17,077
Kaye McAulay	4 of 5	6 of 6	8,353
Keith Moretta	5 of 6	2 of 3	8,110
James Palmer	6 of 6	19 of 19	25,188
Mere Pohatu	5 of 6	18 of 20	14,643

Total Fees 164,784

16. TRUSTEES’ INDEMNITY LIABILITY INSURANCE

Trustees’ indemnity liability insurance of $6,561 ($5,206 – 2008) has been paid by the Trust as approved by the Trustees under the Community Trusts Act 1999. The increase is mainly due to a full year period compared to a 10 month period for 2008.

Gazette.govt.nz — NZ Gazette 2009, No 96

Parliament House (depicted) was completed in 1918 and remains the primary seat of Parliament.

✨ LLM interpretation of page content

💰 Pricing Risk Analysis (continued from previous page)

Domain💰 Finance & Revenue
KeywordsPricing risk, Market fluctuations, Diversified portfolio, Financial assets

💰 Trustees' Attendance and Remuneration

Domain💰 Finance & Revenue
KeywordsTrustees, Remuneration, Attendance, Fees
👱🏽 Names

13 names identified

Barbara Cameron, Trustee attendance and remuneration
John Culling, Trustee attendance and remuneration
Beverley Fullerton-Smith, Trustee attendance and remuneration
Ron Garrod, Trustee attendance and remuneration
Pamela Good, Trustee attendance and remuneration
John Gordon, Trustee attendance and remuneration
Shona Jones, Trustee attendance and remuneration
Claire Matthews, Trustee attendance and remuneration
Margaret May, Trustee attendance and remuneration
Kaye McAulay, Trustee attendance and remuneration
Keith Moretta, Trustee attendance and remuneration
James Palmer, Trustee attendance and remuneration
Mere Pohatu, Trustee attendance and remuneration

💰 Trustees' Indemnity Liability Insurance

Domain💰 Finance & Revenue
KeywordsTrustees, Indemnity, Liability Insurance

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