THE EQUITIES INVESTMENT FUND FOR CHARITIES (CHARIFUND)

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https://www.mandg.co.uk/charities

Income

£48,010,000

Expenditure

£51,697,000

Reserves

£6,309,000

The fund has three aims:1) to provide an annual yield above that available from the ftse all-share index,2) to provide an income stream that increases every year and3) to provide a level of capital growth, net of the on-going charge figure, that is higher than inflation over any ten-year period, as measure by the uk retail price index (rpi)