Deadline looms for CAF Guaranteed Equity Account
Charities have just one month left to take advantage of a new account which offers investors the prospect of stock market linked returns without the usual risk to capital.
Offered by CAF (Charities Aid Foundation) and Bristol & West Structured Products, the CAF Guaranteed Equity Account is a five year, fixed term account exclusively for charities. It combines the opportunity 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.
Interest is paid gross and charities will receive the greater of either 70% of the average growth of the Financial Time’s Stock Exchange 100 Index (FTSE 100), the Nikkei 225, the Swiss Market Index (SMI) and the Standard & Poors 500 (S&P 500), or the minimum guaranteed return of 15%.
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 and so charities should not risk missing out by leaving their applications to the last minute.”
To find out more contact the CAF Investments Team on Tel: 0870 2643 296,
Email:
ma***********@ca*******.org
or visit www.cafonline.org/managingmoney
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notes to editors
This press release is issued and approved by CAF Marketing Services Ltd (authorised and regulated by the Financial Services Authority), a wholly owned subsidiary of Charities Aid Foundation (registered charity number 268369).
· CAF (Charities Aid Foundation) is the not for profit organisation which is committed to effective giving, both in the UK and internationally. With over 80 years’ experience and over £1.5 billion of charitable funds under management, CAF offers thousands of charities worldwide a total solution to their financial needs.
· Bristol & West Structured Products (BWSP) is a dedicated business unit within the Bank of Ireland Group, servicing the needs of IFAs in the UK. It offers an extensive range of structured products to IFA’s which is consistently available. BWSP also offers IFAs a bespoke product design service for clients with £1m or more to invest. Bristol & West has been offering structured products for the past 14 years.
· To contact Bristol & West Structured Products, IFAs should call the dedicated team on 0845 111 0118 or visit the website at www.bristol-west.co.uk/b2b.
· The Capital Guarantee provided by Bristol & West plc refers to their obligation as a deposit taker to return the deposit in full. Bristol & West is an A-rated UK Bank and a wholly-owned subsidiary of the Bank of Ireland plc.
For all Press enquiries contact:
Vicki Pulman at or Kelly Trinder CAF Tel: 01732 520 094 or Tel: 01732 520 146. Outside of office hours please call Tel: 0774 044 9491. Email:
pr*********@CA*******.org
Website: www.CAFonline.org