The Income Trust for Charities

Fund Overview

Fund aim

The Income Trust for Charities aims to provide a high and steady level of income through investing mainly in UK government and other fixed interest securities, or derivatives thereof. The Manager aims to outperform the FTSE All Stocks Index on a total return basis after costs over rolling five year periods.

Fund facts
Launch date 31 October 1997
Benchmark FTSE All Stocks Index
Distribution dates 15 March, 15 June, 15 September and 15 December
Ex-distribution dates 31 January, 30 April, 31 July, 31 October
Base currency GBP
Type of unit Accumulation and Income
Dealing Daily (12:00 GMT)
Ethical Restrictions Ex tobacco
Initial fee Nil

Note:

As of 16 January 2015, the units in the Charity Fixed Interest Fund have been replaced by units in the Income Trust for Charities.  The larger combined fund benefits from economies of scale and thereby a reduction in administration expense.  The investment objective of the funds is comparable, with the Income Trust for Charities benefiting from more flexible investment parameters, something that we are attracted to in the current market environment.  We therefore believe the merger is in our charity clients' best interests.

Fund charges

Annual management   0.3%

Contact Cazenove Charities

Achieving your charity's investment objectives takes time and thought. To find out how we can help you please contact:

Giles Neville

Giles Neville

Head of Charities giles.neville@cazenovecapital.com
John Clifton

John Clifton

Business Development Manager
Telephone:
john.clifton@cazenovecapital.com