OpenCharities

The Equities Investment Fund For Charities (Charifund)

Charifund

Country
England & Wales
Charity number
249958
Status
Registered
Registered
Jan. 2, 1969
Legal form
Trust
Area of benefit
Not Defined

Address

Address
M&G SECURITIES LIMITED
10 Fenchurch Avenue
LONDON
EC3M 5AG

Activities

The Fund has three aims:1) To provide an annual yield above that available from the FTSE All-Share Index,2) To provide an income stream that increases every year and3) To provide a level of capital growth, net of the on-going charge figure, that is higher than inflation over any ten-year period, as measure by the UK Retail Price index (RPI)

Objects: To Enable Charities To Obtain A Broad Spread Of Investment And Added Security For Their Funds With A Saving In Administrative Expenses And Otherwise To Assist The Advantageous And Economical Investment Of Funds Held For Charitable Purposes Only.

Classification

How
Provides Other Finance
What
Other Charitable Purposes
Who
Other Charities Or Voluntary Bodies

Areas of operation

Country
Northern Ireland, Scotland
Region
Throughout England And Wales

Finances

Period end Income Expenditure Assets
Oct. 31, 2024 £48,010,000 £51,697,000 £736,525,000
Oct. 31, 2023 £49,141,000 £53,611,000 £752,942,000
Oct. 31, 2022 £52,465,000 £53,584,000 £813,295,000
Oct. 31, 2021 £48,369,000 £53,022,000 £925,314,000
Oct. 31, 2020 £43,770,000 £51,061,000 £775,483,000