FINANCE NEWS: CAF unveils online investment service for its charity clients


Charities Aid Foundation (CAF) has launched a free online investment service for its charity clients.

Online investments,, enables investors in the CAF Balanced Growth Fund, the CAF Income Fund and the CAF Socially Responsible Fund to obtain up-to-date information on their investments, view past transactions and produce performance statistics.

Investors can look up fund details dating back to November 1997 for the CAF Balanced Growth Fund and CAF Income Fund, and to March 2000 for the CAF Socially Responsible Fund.

John Rogerson, head of investment services at CAF, said: "Online investments will offer clients immediate access to their investments, enabling them to track the performance of their finances, morning, noon and night."

The site uses up-to-date encryption technology to ensure security, and an application to register can be downloaded online.

The site was tested with CAF charity investors including Moran Farnsworth, former bank managing director of the Abbeyfield Loughton Society and treasurer of Dr John Wards Trust and the Sarah Rachael Titfords Charity. He said: "We can identify the performance of our funds at a moment's notice against any fluctuations in the market. Any system that enhances transparency and accountability in this way is extremely welcome."

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