4. Income
4.1 Discretionary Portfolio
| 2017 €m |
2016 €m |
|
|---|---|---|
| Interest income | 89 | 61 |
| Property fund income | 12 | 7 |
| Dividend income | 7 | 16 |
| Other income | 5 | 5 |
| Private equity income | 2 | 1 |
| 115 | 90 |
Other income includes investment rebates of €1.6m (2016: €3m) and miscellaneous income of €3.4m (2016: €2m).
4.2 Directed Portfolio
| 2017 €m |
2016 €m |
|
|---|---|---|
| Dividend income | 250 | - |
| Interest income | 0 | 0 |
| 250 | 0 |
On 9th May 2017, the Fund received a dividend payment of €250m from AIB. The interest income represents €8k (2016: €55k) of interest income from the SBCI loan (see note 11.2).