Beat Drugs Fund

Beat Drugs Fund Association
The Beat Drugs Fund is administered by the Beat Drugs Fund Association which is a non profit-making limited company incorporated under the Companies Ordinance (Cap. 622). A Governing Committee under the chairmanship of the Permanent Secretary for Security is set up to decide on the applications to the Fund on the advice of the Action Committee Against Narcotics (ACAN).

To provide expert advice on the investment of the Association's funds, an Investment Sub-committee chaired by the Director of Accounting Services is also set up with the following terms of reference:-
  1. to advise the Governing Committee on an appropriate investment strategy for the Association
  2. within the investment strategy approved by the Governing Committee, to formulate proposals for the acquisition and disposal of investments
  3. to recommend to the Governing Committee the appointment of external investment managers and the terms and conditions of their appointment
  4. to monitor the performance of external investment managers when appointed and to ensure that the guidelines laid down for them are observed
Agenda of Meeting
Reports and Financial Statements for the year ended 31 March 2018