CAF Investment Account hits £205.4m in assets & launches digital knowledge hub
Melanie May | 28 August 2019 | News
Charities Aid Foundation’s investment platform CAF Investment Account has reached £205.4 million in assets under administration and launched a digital hub for charities looking to grow their investment knowledge.
The CAF Investment Account, which is offered by CAF in partnership with Winterflood Business Services now offers 1,200 charity-specific funds and equities and includes ethical options and Common Investment Funds. For charities that invest their funds, it also has built in dual authorisation for trading to give transactions a clear audit trial.
The CAF Investment Account is part of the newly launched Charity Investment Hub, which is comprised of three separate pillars: Learn, Try and Grow, enabling charities to learn the basics in the investment knowledge centre, and try its free Investment Explorer tool: a “try before you buy” simulator, before making a decision.
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Bridgit Richards, Director of Product and Marketing at CAF, said:
“We are so pleased to be able to support charities by making this range of charity-specific funds accessible like this and to be able to do so in a way that is secure, low cost and extensive – including ethical and ESG (environmental, social and governance) options.
“This is just one piece of a suite of technology innovations that we have planned for charities in the UK over the next 18 months.”
- Charity Commission consults on draft guidance of responsible investments (12 April 2021)
- UK sees six-fold increase in social impact investment market in eight years (28 October 2010)
About Melanie May
Melanie May is a journalist and copywriter specialising in writing both for and about the charity and marketing services sectors since 2001. She can be reached via thepurplepim.com.