The wine-based investment fund has existed since 1989. It was then founded under the name "Wine Trust of Australia" (WTA) with the aim of holding stakes in wine companies, in particular the well-known Australian wine multi Hardy (today Accolade Wines
). Since 1996, he has been listed on the ASX (Australian Stock Exchange) as "Australian Wine & Horticultural Fund" (AWHF). In April 2000, shareholders approved the renaming of the AWHF to IWIF (International Wine Investment Fund). Since then, it has invested in over 16 different wine companies, of which over 80% are in Australia
are home. The IWIF is a regulated managed investment program within the definition of company law of Australia.
It is the largest publicly traded wine investment firm in the world, which has given its shareholders profits from both dividend and capital growth since inception. Holdings are held in excellent Australian companies with substantial wine assets. These include Fosters Group, McGuigan Simeon Wines and National Vineyard Fund of Australia (NVFA). The international participations include Groupe Laroche and Gabriel Meffre (France), Constellation Brands
and Vintage Nurseries (USA), but also major wine merchants or wine sellers such as Bibendum Wine and Vinoceros (UK).
The objectives of the IWIF are peak income and capital growth for shareholders on a global basis. Through the fund, shareholders can invest in many quality wine companies in Australia and the rest of the world. The "Berren Asset Management Limited" (BAM) with its many wine and financial experts is the responsible manager of the IWIF. It was also founded in 1989 to manage the original WTA fund. Subsequently, the IPO and all legal changes were managed. In July 2000, a board of directors, as well as a management and consulting team with extensive experience in both the wine and finance worlds were created.
In July 2005, BAM appointed Wilson Asset Management Group as investment manager, as well as an investment committee of experienced wine and finance professionals to help with investment management activities. BAM's largest shareholder, International Wine Consultants, has access to additional experience through its associated offices in Paris, New York, Napa Valley and Sydney. See also below Wine-producing institutions
and largest wine companies in the world