Charity Authorised Investment Funds
Our suite of five Charity Authorised Investment Funds (CAIFs) is designed specifically for charities.The Charity Multi-Asset Fund encapsulates our comprehensive multi-asset approach. Our two UK Equity funds, the Charity Equity Value Fund and Charity Equity Income Fund have complimentary styles and the Charity Bond Fund aims to generate attractive regular income and outperform UK government bonds.
A charity with a minimum investment of just £1,000 can purchase units. The equity and bond funds are FCA Authorised UCITs Unit Trusts. The Charity Multi-Asset Fund is an FCA authorised non-UCITs Unit Trust. Therefore only charities in England, Wales, Scotland and Northern Ireland may invest in them.
SUTL Cazenove Charity Responsible Multi-Asset Fund
Fund Team: Tom Montagu-Pollock, Kate Rogers, Nathalie Krekis, Emilie Shaw
Fund aim: The Charity Responsible Multi-Asset Fund is a long term investment fund with a diversified strategy investing in equities, bonds, property and alternative assets. The Fund aims to provide income and capital growth in excess of the Consumer Price Index + 4% per annum (net of fees) over rolling ten-year periods. The Fund adopts a responsible investment approach seeking sustainable long term returns, using exclusions, the integration of environmental, social and governance considerations in equities and engagement. The Fund will not invest in companies which fail to meet the responsible investment criteria set by the Manager.
Fund exclusions: Please see the Ethical Investment Policy
SUTL Cazenove Charity Multi-Asset Fund
Fund team: Tom Montagu-Pollock, Kate Rogers, Nathalie Krekis
Fund aim: The Charity Multi-Asset Fund is a long-term investment fund with a diversified strategy investing in equities, bonds, property and alternative assets.
SUTL Cazenove Charity Equity Value Fund
Fund managers: The Value Team
Fund aim: The Charity Equity Value Fund aims to achieve a rate of total return above that of the FTSE All Share Index on a rolling five year basis.
Fund exclusions: No tobacco manufacturers
SUTL Cazenove Charity Equity Income Fund
Fund manager: Matt Hudson
Fund aim: The Charity Equity Income Fund primarily aims to provide a high and steady level of income by investing mainly in UK equities. The Fund targets a premium yield in excess of the FTSE All Share Index.
Fund exclusions: No tobacco manufacturers
SUTL Cazenove Charity Bond Fund
Fund manager: Alexander Smitten
Fund aim: The Charity Bond Fund (previously 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.
Fund exclusions: No tobacco manufacturers; coal and tar oil sands; alcohol; pornography; armaments; tobacco; gambling; high interest lending and human embryonic cloning
In addition to the above Charity-only funds, and as part of Schroders, we are able to also offer a broad range of other funds which may be of interest. They include regional equity, multi asset and a broad suite of fixed income funds, amongst others.
Applying to invest directly
Cazenove Capital's range of Charity Authorised Investment Funds are available solely to UK-based charities (eligible investors).
Please click on literature request (or the link on the right hand side), or call Schroder Investor Services on 0800 718 777 to be able to request a specific Application Pack that includes the Key Investor Information Document(s) for the fund(s) you wish to invest in. These include details about who can apply and the information you will need to register. A step-by-step instruction guide on how to complete the application form is provided on the right hand side.
The Schroder Investment Services team is on hand to assist with queries regarding direct investments - please contact them on 0800 718 777 where replies will be dealt with promptly.
Please note, for your security, calls to Schroders may be recorded.
Nominations are now open for unitholders to join the Charity Authorised Investment Fund Advisory Committee. If you are interested in applying, please email a copy of your curriculum vitae together with a brief statement in support of the application to email@example.com. Nominations close on 7 May 2020 and the successful candidate will be advised on 21 May 2020. Further information, including expected time commitments, can be obtained from firstname.lastname@example.org.
Administrative queries: Please call Schroder Investor Services on 0800 718 777
Fund queries: Please contact the above helpline, or Jeremy Barker on 0207 658 1107, Jeremy.email@example.com