Board will not consider anything outside the regulatory framework — do not present equity ideas. Dermot prefers the report five working days before each board meeting.
Pinned by Charlie Murtagh · 7 Jul 2026
Economics
See every movement- Net new money, year to date
- €619.8K
- Revenue, year to date
- €25.2K
- Annual run-rate
- €30.5K
- Blended fee
- 0.75%
- Revenue rank in the book
- 1 of 14
Holdings by asset class
Read-only — fed nightly from the back office| Security | ISIN | Quantity | Price | Market value | % of portfolio | Unrealised G/L |
|---|---|---|---|---|---|---|
| Sovereign Bond | €1,158,000 | 30.4% | ||||
| Irish Government Bond 0.20% 2027 | IE00BJ38CQ36 | 1,200,000 | €0.96 | €1,158,000 | 30.4% | +€16,800 |
| Supranational Bond | €938,600 | 24.7% | ||||
| EIB 2.75% 2030 | XS2437938622 | 950,000 | €0.99 | €938,600 | 24.7% | +€12,350 |
| Corporate Bond | €910,800 | 23.9% | ||||
| Bank of Ireland Senior 4.875% 2029 | XS2531861285 | 900,000 | €1.01 | €910,800 | 23.9% | +€10,800 |
| Cash Deposit | €800,000 | 21.0% | ||||
| KBC Bank Ireland Term Deposit 3.10% | IE00TERM0011 | 800,000 | €1.00 | €800,000 | 21.0% | +€0 |
Cash balance
€265,000
Settled
€233,200
Unsettled
€31,800
Across 1 mandate.
Valuation, last twelve months
Asset allocation
- Sovereign Bond30.4%
- Supranational Bond24.7%
- Corporate Bond23.9%
- Cash Deposit21.0%
Key facts
- Board treasury sub-committee meets monthly
- Counterparty limit 25% per institution
- Permitted-investment framework only; no equities
Advisor team
- Charlie Murtagh· Portfolio managerEmail
- Sinéad Ní Mhurchú· Credit union specialist
Client details
- treasury@stbrendanscu.ie
- Phone
- +353 61 448 210
- Eircode
- V94 RD62
- Client since
- 2011
- Objectives
- Board-approved treasury policy: capital security first, liquidity ladder across 1–7 years, income to support the annual dividend.
- Time horizon
- 1–7 year ladder
- Income requirement
- Coupon income retained; no drawdown
- Restrictions
- Investments limited to those permitted by the Credit Union Act 1997 (Regulations 2016)
- Counterparty limit: 25% of the investment portfolio per institution
- No equities or equity funds
Consents
Marketing: not given
Call recording notice: given
Portal access: given