Investment performance to 31 December 2025 

We are pleased to release the latest investment reports for our public ancillary fund, the Australian Philanthropic Services (APS) Foundation. It is the fastest-growing public ancillary fund in Australia and now has more than 725 giving funds, totalling over $435 million. Last financial year, we helped our giving fund holders give over $27 million to charity.  

The investment objective for the APS Foundation is to achieve a return after fees at least equal to CPI inflation +4% per annum, measured over rolling seven-year periods. Investment returns are applied to giving fund balances monthly, which giving fund holders can keep track of via their online portal. The APS Foundation portfolio managers also prepare a detailed investment performance report for giving fund holders every six months. 

General Portfolio

The General Portfolio, managed by Chris Cuffe, was established in 2012 and is well-diversified across the full investment spectrum. For the seven years to 31 December 2025, the general portfolio return was 8.7% per annum, and 10.1% pa since inception in July 2012. 

GENERAL PORTFOLIO PERFORMANCE REPORT

Focused Portfolio

The Focused Portfolio, managed by David Wright, co-founder and former Investment Director of Zenith Investment Partners, was established in July 2022. It is diversified across investment funds and individually managed accounts with a Responsible Investing (RI) and/or Environmental Social Governance (ESG) objective. The return since inception is 6.8%.

FOCUSED PORTFOLIO PERFORMANCE REPORT

We are extremely grateful for the support we receive from a number of generous fund managers, who provide us with their investment services pro bono or low bono, to assist with the management of the APS Foundation.

Visit our FAQs for more information on setting up a giving fund in the APS Foundation.

Published February 2026