CAF launches investment fund for charities of all sizes
Howard Lake | 11 November 2016 | News
The Charities Aid Foundation (CAF) has launched an investment service for charities that offers access to more than 4,000 funds via a digital trading platform.
CAF describes the CAF Investment Account as “the biggest selection of charity-specific investment funds available to buy and manage in one place online”. It is available to registered charities across the UK and organisations recognised by HMRC as having a charitable purpose.
CAF, one of Europe’s largest charitable foundations, has more than 30 years experience helping charities to manage their funds.
Charities that use the CAF Investment Account will be able to research, manage and trade investments in one place.
There is no minimum investment amount, so the service is available to small charities as well as large. Indeed, some of the share classes of funds it offers would not normally be available to small and medium charities.
The Account is run on a platform powered by investment platform provider Interactive Investor. Fraud minimisation functions include mandatory dual authorisation.
John Low, Chief Executive of CAF, said:
“We are excited to be launching the first secure, digital trading platform designed exclusively for charities. With interest rates are at record lows, it has become more challenging for charities to maximise the return on money donated by their supporters in order to make a bigger difference.”
Photo: Piggy banks – Jakub Krechowicz on Shutterstock.com
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About Howard Lake
Howard Lake is consultant editor of UK Fundraising. He founded the site in 1994 and successfully sold it in 2022. As director of Giving X Ltd he is exploring growing giving on a massive scale.
He is the founder of Fundraising Camp and co-founder of GoodJobs.