What are the benefits of CIFs?
Your charity achieves a wide diversification of risk, since its money is pooled with that of other investing charities to purchase a portfolio that is much more extensive than might otherwise be possible. The pooled nature of the Fund means that all charities, regardless of size, can benefit from the fund management expertise of a well-known major investment firm. There is no minimum investment period and no penalty for early encashment or redemption. Under current HM Revenue & Customs regulations, the Fund is exempt from tax on all capital gains and is exempt from stamp duty on the purchase of its share portfolio.
