Northern Ireland Central Investment Fund for Charities
Causeway Exchange, 1-7 Bedford Street
The aim of the Fund is to provide an annual income along with long term capital growth. Established in 1965 through the Charities Act (Northern Ireland) 1964, the Fund aims to provide trustees with the opportunity to invest all or part of their Funds with the benefit of expert supervision.
The Fund currently has over 140 charities invested along with over 400 charitable donations and bequests. The Fund is currently valuation of the fund is over £38 million.
Key features of the Fund:
- competitive management fee
- no additional charges
- no minimum investment
- dividend paid twice a year
Based on the definitions of risk determined by Standard Life Wealth, the portfolio is categorised as being managed with a higher medium risk approach. The value of any investment may go down as well as up, as can the income generated from it.
Type of OrganisationPublic Sector
- Colin Alderdice