I am once again pleased to present the Pacific Balanced Fund’s audited financial statements for 2022, which for the world and Papua New Guinea has been a year of recovery, financial and otherwise. This has in fact been a very successful financial...
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John Sanday, Executive Chairman I am pleased to present the Pacific Balanced Fund (PBF) Audited Financial Statements for 2021, a year during which the country started to recover from the impacts of the Covid-19 pandemic. We have all had to adapt...
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It is my pleasure to present the Pacific Balanced Fund (PBF) Audited Financial Statements for 2019. This was another difficult year for government and business in Papua New Guinea, and I am pleased to report to members that your Fund once again...
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CHIEF EXECUTIVE OFFICER’S REPORT As noted by Executive Chairman John Sanday, 2018 was a year of change and consolidation for the Pacific Balanced Fund. It has not been an easy year for us and our pathway to recovery during 2018 was turbulent...
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CHIEF EXECUTIVE OFFICER’S REPORT 2017 has been a year of change and consolidation for the Pacific Balanced Fund, and one that despite the disappointments of last year is a year that we are proud of. Unit holders should be reassured that despite...
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CHAIRMAN’S REVIEW __________________________________________________________________________________________________________________________ Dear Unit Holder, Once again it is my pleasure to be able to present an annual report. This is one...
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CHAIRMAN’S REVIEW Dear Unit holder, Our annual report for 2014 features the image of a bird nest. Investments are often referred to as eggs in the nest waiting to hatch. The image is a reminder of the growing asset base of Pacific Balanced Fund...
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CHAIRMAN’S REVIEW Once again I make this Statement to you, the Unit-holders, on the progress of your Fund for 2013. As you all know we have together been working extremely hard to bring the Fund to its strengthened position these last few years...
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CHAIRMAN’S REVIEW The year 2012 was a year of extra-ordinary achievement for the Fund. In the long history of the Fund dating back to 1973, for the first time it delivered a record profit of K109.8 million. Pacific Balanced Fund is now in a...
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CHAIRMAN’S REVIEW It is once again a pleasure to announce to you all the continued outstanding performance of your Pacific Balanced Fund (PBF). You will recall my Statement to you last year of the strong performance that was generated by PBF...
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