Report of activities 2023
After the financially bad year of 2022, the year 2023 generated a financially reasonable result.
Sadly, we had to part from our friend and treasurer, who passed away suddenly, leaving a gap
The board convened once in 2023. After discussions with the new CDI fund manager at Optimix, we agreed to move our portfolio to a more sustainable oriented portfolio without loss of profitability.
Discussions with Undugu Society are underway to see how best we could support the organisation on its way to financial recovery. The organisation has implemented various measures to that extent, and financial health is improving.
Financial Report
| portfolio CDI | 31-Dec-22 | 31-12-23 |
| Equities Developed Markets | ||
| Equities Emerging Markets | ||
| Equities | € 12,284.40 | € 286,221.37 |
| Government bonds | € 102,268.04 | |
| Corporate Bonds | € 66,477.09 | |
| High Yield Bonds | € 29,215.07 | |
| Bonds | € 94,736.11 | |
| High Yield bond | ||
| Alternative investments | € 32,374.18 | |
| Mutual Funds | € 373,268.12 | |
| Cash Deposits and Others | € 5,263.18 | € 2,493.80 |
| Accrued Interest | ||
| Total value portfolio | € 485,551.81 | € 519,049.55 |
| Balance Triodos | € 103.53 | € 315.78 |
| Total assets CDI | € 485,655.34 | € 519,365.33 |
| Income | Expenditures | |
| Total assets 01-01-2022 | € 485,655.34 | |
| Membership VEB | € - | |
| Management costs Optimix | € 3129.32 | |
| Bank costs Triodos | € 150.25 | |
| Bank costs Caceis | € 67.76 | |
| CDI Board meeting 6-9-2023 | € 175.00 | |
| Contribution pension fund director | € - | |
| Contribution Special Actions | € - | |
| Commission foreign payments | € - | |
| Undugu Friend's Circle NL | € | |
| Total assets 31-12-2023 | € 519,365.33 | |
| Net investment result | € 37,232,32 | |
| Balance | € 522,877.66 | € 522,877.66 |