Cifs remain attractive for charities
Article Abstract:
Common investment funds (Cifs) are similar to UK unit trusts and are geared to the needs of charities. The 1960 Charities Act prepared the ground for Cifs, with the first fund set up in 1963. They have low costs and distribute income gross. Cifs can exclude certain categories of invesment if this would run counter to the aims of a charity, such as excluding investment in tobacco-related activities for charities tackling lung cancer. Cifs can be broen down into components in order to measure performance against indices.
Publication Name: Investors Chronicle
Subject: Business
ISSN: 0261-3115
Year: 1996
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No fun on the swings
Article Abstract:
Charities should assess risk levels when making investment decisions. Risks can come from the investments performing poorly or from failures by investment managers or stockbrokers carrying out transactions for charities. More volatile investments involve higher risk levels. Shares tend to involve more risk than cash held in deposit accounts, while overseas investments involve currency risks. Risks may be ignored during a bull market, but market conditions can change.
Publication Name: Investors Chronicle
Subject: Business
ISSN: 0261-3115
Year: 1997
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A question of ethics
Article Abstract:
Attitudes of charities to investment, especially ethical investments are examined in detail.
Publication Name: Investors Chronicle
Subject: Business
ISSN: 0261-3115
Year: 2000
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