The Global Fund to Fight AIDS, Tuberculosis and Malaria Seventeenth Board Meeting Geneva Trustee Rep

1
The Global Fundto Fight AIDS, Tuberculosis and
Malaria Seventeenth Board MeetingGenevaTrustee
ReportApril 29, 2008
2
Donor Contributions
3
Grant Commitments
4
Disbursements to Principal Recipients
5
Transaction volumes
6
Evolution of Investment Balances
7
Impact of Credit Crisis
8
Credit Spreads Have Widened
9
Against the negative news on US subprime
mortgages and substantial losses at major
financial institutions, market returns to the
Global Fund for 2007 were solid.
Major Market Indices (Returns in USD)
10
Investment Income
11
Breakdown of Global Fund Trust Fund Investment
Income (2007-2008)
12
Global Fund Trust Fund Returns
13
Possible Range of Returns for CY08
Note Includes non-annualized returns of 2.79
for the 1st quarter of 2008