Offers charities a competitive interest rate of 0.01% on their cash deposits, with same day access to their money available.
To achieve a competitive level of income from cautious investment in a highly liquid portfolio of investments, whilst maintaining the ability of depositing charities to make withdrawals at short notice.
It provides:
| 31 December 2020 | 1 year % | 3 years % p.a. | 5 years % p.a. | Since 01.11.06 % p.a. |
|---|---|---|---|---|
| Fund | 0.6 | 0.6 | 0.5 | 1.5 |
| Benchmark | 0 | 0 | 0 | 0 |
| Daily rate % | A.E.R. % | 1 January 2021 | 0.01 | 0.01 |
|---|
Due to a substantial growth in assets, The Affirmative Deposit Fund for Charities is currently closed to new applications.
Charities are still welcome to complete an application form. Their application will be assessed and, as appropriate, put in a queue to join the Fund, should capacity become available.
