In the news: Epworth Targets Those Who Make The World A Better Place In First National Campaign

New Affirmative Deposit Fund campaign rewards Charities with a competitive interest rate

“The research was illuminating. Trust and shared values are as important to many charities as returns.”
Mark O’Connor, Head of Business Development

New Affirmative Deposit Fund campaign rewards Charities with a competitive interest rate

Epworth Investment Management Limited, the UK investment manager dedicated to serving the needs of Charities, is to launch a new national campaign for its Affirmative Deposit Fund for Charities (“the Fund”). The Fund is available only to charity investors. It is designed as a safe home for a charity’s cash and pays a competitive interest rate of 0.5%.

Independent research among UK charities ahead of designing the campaign showed that while a good interest rate was important, other factors also rated very highly. These were personal service, the security of knowing they could trust the organisation and that it shared their values. The campaign reflects this research and highlights that the Fund is only available to “those that make the world a better place”.

Despite lower rates of interest being available to charities in recent years, the Fund has consistently paid a competitive rate. The campaign aims to get charities thinking about their cash deposits. How much interest are they receiving from their existing bank or savings accounts? Can they safely and securely improve the interest rate they are receiving with an organisation that shares their values?

The campaign will run from June to September 2018.

David Palmer, Chief Executive, commented: “At Epworth, we are dedicated to serving the investment needs of charities. We place Christian values at the heart of everything we do. We realise the importance of personal service and have a dedicated team supporting the charities that invest in this Fund.”

Mark O’Connor, Head of Business Development, said: “The research was illuminating. Trust and shared values are as important to many charities as returns. This Fund will provide charities with the security they need in these key areas and also a competitive return that will support them in delivering their charitable mission.”