Transfer agency and fund changes notification
We would like to notify you of changes to accounts administered with CCLA that will take effect from 20 November 2023.
For full details of these changes, please click here.
A UK Common Deposit Fund managed by CCLA that offers the substantial benefits of cooperation between charities. It is a cash management solution designed for the charity sector. Under the Money Market Fund Regulation, the COIF Charities Deposit Fund is categorised as a short-term Low Volatility Net Asset Value Money Market Fund.
The fund aims to provide a high level of capital security and a competitive yield.
We monitor our counterparties' environmental, social and governance risk management on a regular basis; and take further action if necessary. Our research is based on external data sources and the work of our Sustainability team.
Suitable for all of a charity’s short-term investments where they are seeking a high level of capital security and a competitive rate of interest.
Any charitable organisation defined within the meaning of the Charities Act 2011 can invest in the fund, provided its powers permit.
Click download all for all the documents listed in this section. Alternatively, you may download individual documents.
We're delighted you've chosen to invest with CCLA. Get the process underway by downloading our application form.
Whether you are a new investor to CCLA or topping up an existing account, please ensure you read the scheme particulars and key information document (KID). The KID can help investors understand the nature, risks, costs, potential gains and losses of the fund, and compare the fund with other products.
Looking for other documents? Click here to visit our client documentation page.
In addition to the general risk factors outlined in the scheme particulars, depositing charities should also note that making deposits in the COIF Charities Deposit Fund is not the same as making a deposit with a bank or other deposit taking body and is not a guaranteed investment. Although it is intended to maintain a constant net asset value, there can be no assurance that it will be maintained. Notwithstanding the policy of investing in short-term instruments, the value of the deposits may also be affected by fluctuations in interest rates. The COIF Charities Deposit Fund does not rely on external support for guaranteeing the liquidity of the fund or stabilising the net asset value. The risk of loss of principal is borne by the depositing charity.