The Fund gives charities access to a portfolio of equities characterised by financial strength and above average management teams pursuing long term sustainable growth strategies.
Whilst investment is concentrated in the UK, the Fund has some exposure to overseas equities enabling investors to benefit from faster growing overseas economies.
By investing in the Fund your charity will have access to a diverse and balanced portfolio, gaining exposure to all significant sectors of the market.
Businesses wholly or mainly involved in alcohol, armaments, gaming, pornography or tobacco will be excluded from the fund. Other matters such as environmental performance, corporate governance and social justice issues are also reviewed when making investment decisions. The fund will suit charities for whom these issues are of importance. Read more about our ethical investment process.
| UK | 80 - 100% |
| Overseas | 0 - 20% |
| Cash | 0 - 5% |
| Fund type | Common Investment Fund |
| Launch date | 31 Aug 01 |
| Valuation dates | Last, 10th and 20th of month |
| Dealing dates | 1st, 11th and 21st of month |
| Ex-distribution dates | 31 Jan, 30 Apr, 31 Jul, 31 Oct |
| Distribution dates | 15 Mar, 15 Jun, 15 Sep, 15 Dec |
| Initial charge | None |
| Dilution levy | 0.30% |
| Management fee | 0.30% p.a. |
| Corporate trustee fee | 0.04% p.a. |
| Minimum investment | £1,000 |
| Fund size (as at 31.12.11) | £50.6m |
| Yield & price | Click here |
All charities in England, Wales, Scotland and Northern Ireland may invest.
Contact us for further information or to discuss how the Affirmative Funds could add to your charity's broader investment strategy.
These funds are designed for long term investors. While we hope that unit values and distributions will rise, prices and dividends can and do fall. The Funds will not therefore be suitable for you to use if you cannot accept the possibility of capital losses or reduced income. Units will only be realizable on the dealing dates which will occur fortnightly. Read more
