COIF Charities Fixed Interest Fund

Key facts

Launch date
April 1990
Unit types
Income/Accumulation
Minimum initial investment
£1,000
Minimum subsequent investment
Nil
Dealing day
Every Thursday
Bid to mid spread
0.205%
Mid to offer spread
0.205%

Fund overview

On 12 May 2022 we wrote to investors advising them of the forthcoming change to the fund’s investment objective and outsourcing of portfolio management. We indicated that our implementation date was to be 10 June 2022 or shortly thereafter. As we complete the final preparations for the transfer, the expected date is being finalised. While we do not have a definitive date at this stage we do know it will be at some point after 10 June 2022 and we will notify investors via the website of the actual implementation date as soon as it is known. 

Fund objective

Aims to provide investors with an income yield and a total return in excess of the Benchmark.

 

Fund policy

We confirm that the fund is managed in accordance with the policy set by the board.

Fund suitability

Suitable for the long-term funds of any charity seeking an income by investing in UK bonds.

Who can invest?

Any charitable organisation defined within the meaning of the Charities Act 2011 can invest in the fund, providing its powers permit.

Fund documents

Ready to invest?

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.