The investment fund specializing in wine has been in existence since 1989. It was founded at the time under the name "Wine Trust of Australia" (WTA) with the aim of holding shares in wine companies, especially in the well-known Australian wine multinational Hardy (today Accolade Wines
). Since 1996 he has been listed on the ASX (Australian Stock Exchange) as the "Australian Wine & Horticultural Fund" (AWHF). In April 2000, shareholders approved the AWHF to be renamed IWIF (International Wine Investment Fund). Since then, investments have been made in over 16 different wine companies, of which over 80% in Australia
are at home. The IWIF is a regulated managed investment program within the definition of Australian company law.
It is the largest listed wine investment company in the world, which has given its shareholders profits from both dividends and capital growth since the beginning. Investments are held in excellent Australian companies with substantial wine assets. For example, Fosters Group, McGuigan Simeon Wines and National Vineyard Fund of Australia (NVFA). The international investments include the Groupe Laroche and Gabriel Meffre (France), Constellation Brands
and Vintage Nurseries (USA), but also major wine dealers and wine sellers such as Bibendum Wine and Vinoceros (UK).
The goals of the IWIF are top income and capital growth for shareholders on a global basis. The fund enables shareholders to invest in many quality wine companies in Australia and the rest of the world. “Berren Asset Management Limited” (BAM) with its many wine and finance experts is the responsible manager of the IWIF. It was also founded in 1989 to manage the original WTA fund. As a result, the IPO and all legal changes were managed. In July 2000, a supervisory board and a management and consulting team with extensive experience in both the wine and financial world were created.
In July 2005, BAM appointed the "Wilson Asset Management Group" as an investment manager, as well as an investment committee, consisting of experienced experts from the world of wine and finance, to help with the investment management activities. BAM's largest shareholder, International Wine Consultants, has access to further experience through its associated offices in Paris, New York, Napa Valley and Sydney. See also under Wine-producing institutions
and largest wine companies in the world