Disclaimer

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The Charities Property Fund is a Common Investment Fund which is an open ended investment vehicle, similar to unit trusts, but designed specifically for charities and established under Section 24 of the Charities Act 1993 (as amended by the Charities Act 2006). The Fund is currently only available to charities in England and Wales (although we are in the process of amending the Scheme to open it up to charities established in Scotland and Northern Ireland - please contact Charles Mesquita, Rensburg Sheppards Investment Management for further information).

When reviewing the information contained herein, potential investors should consider the following general duties and responsibilities of trustees as set out by the Charity Commission:

1. Charity Trustees must from time to time review the investments of the charity and consider whether, having regard to the investment criteria (set out in paragraph 2 below) imposed by charity law, the investments are appropriate or should be varied.
2. The investment criteria are: the suitability to the charity of investments of the same kind as any particular investment proposed to be made or retained of that particular investment as an investment of that kind: and the need for diversification of investments of the charity; in so far as is appropriate to the circumstances of the charity.
3. Before exercising the power of investment of the charity, the charity trustees must obtain and consider proper advice about the way in which, having regard to the investment criteria, the power should be exercised.
4. 'Proper advice' is the advice of a person who is reasonably believed by the charity trustees to be qualified to give it by his ability in, and practical experience of, financial and other matters relating to the proposed investment.

Benefits anticipated in The Charities Property Fund may be affected by changes in the UK tax legislation. Past performance is not necessarily a guide to future performance. The price of units, and the income generated from them is not guaranteed and can go down as well as up and investors may not get back the amount they have invested.