One month to deadline for new CAF guaranteed account
Applications for a new account from CAF (Charities Aid Foundation) which offers charities the prospect of stock market linked returns without the usual risk to capital will cease being accepted after 30 April.
Offered by CAF and Bristol & West Structured Products, the CAF Guaranteed Equity Account is a five year, fixed term account available only to charities. It combines a chance to share in the potential growth of four major stock market indices, with capital security offered by the Bristol & West Capital Guarantee, and a 15% guaranteed minimum return.
According to Ron Green, Senior Manager at CAF Financial Services: “Many charities are reluctant to invest capital in the stock market because of the associated risk, but with the CAF Guaranteed Equity Account the risk of capital loss is removed. This opportunity is only available until 30 April.”
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