4.1 Discretionary portfolio

	2015 €'000	2014 €'000
Interest Income	49	1
Dividend Income	38	2
Property Income	24	0
Other Income	9	0
Private equity Income	1	0
	121	3

Other Income includes rebates of €7m, securities lending of €1m and miscellaneous income of €1m.

4.2 Directed portfolio

	2015 €'000	2014 €'000
Dividend Income	446	-
Interest Income	0	0
	446	0

The interest income of €18k represents the interest received from Irish Exchequer notes that were held in 2015 (2014: €16k).

During the year the Fund held preference shares in AIB. The holding of these preference shares entitled the Fund to an annual dividend. On 13 May 2015 the Fund received a dividend of €280m in cash. On 18 December 2015, following the redemption and conversion of the preference shares, the Fund received a further €166m dividend income (Note 8.3).