Investments
The Wellcome Trust has a £25.9 billion investment portfolio (at 30 September 2018) which funds all the work we do. The portfolio is managed by our investment team.
Our overall investment objective is to generate 4.0% real return over the long term.
This is to provide for real increases in annual expenditure while preserving the Trust's capital base to balance the needs of current and future beneficiaries.
We use this absolute return strategy because it aligns asset allocation with funding requirements and provides a competitive framework in which to judge individual investments.
ÿþ' C U M U L A T I V E N E T R E T U R N % ' |
---|