Our offering for charity investors

Pooled fund solutions

Pooled funds bring together investors’ assets in a single professionally managed vehicle. Our funds harness the investment expertise of our dedicated charities team and are designed to meet a broad range of investor objectives. These include those focused on long-term income and growth generation, as well as responsible investing.

 

Bespoke segregated portfolios

For organisations with more complex needs, we manage segregated investment portfolios. Through bespoke portfolios, we can provide features such as tailored ethical screening, customised asset allocation, or income management. We will talk with you to learn about your aims, goals, requirements, and how long you want to invest.

The benefits of our pooled fund solutions for charity investors

Active multi-asset solutions

Our funds directly invest across equities, bonds, alternatives and cash. This means clients have access to a broad set of asset classes through one fund and can benefit from its diversification effect.

Charity Authorised Investment Fund (CAIF) structure

Our funds are part of a Charity Authorised Investment Fund (CAIF). A CAIF is a type of investment vehicle created specifically for charities that is regulated by both the Charity Commission and the Financial Conduct Authority. Being part of a CAIF means the funds can distribute income and gains to participating charities without being subject to further tax. Their annual management charges are also currently not subject to VAT.

Ability for smoothed distribution unit classes

In the CAIF structure, the funds have the option for an income smoothing unit class feature. This enables the funds to hold back income from one accounting period to another and pay out previously held income, allowing for the distribution of a steady stream of income. 

Exclusions

All our charity funds exclude investment in companies involved in the manufacture of controversial weapons. They also do not invest in companies that derive more than 10% of their turnover from tobacco production. Some individual funds also apply responsible investment or values-based restrictions.

Multidimensional research

Multidimensional research is our approach to building a fuller picture of every investment opportunity. In simple terms, it means not relying on just one type of research. We combine financial analysis with insights on long-term trends, global events, company behaviour and wider risks. This broader perspective helps us uncover deeper insights and make investment decisions with greater conviction.

Tax treatment depends on the individual circumstances of each client and may be subject to change in the future. Newton is not a tax expert and independent tax and/or legal advice should be sought.

Our pooled funds for charities

Investment objective

To generate capital growth and income growth in excess of inflation (as measured by the Consumer Price Index) plus 4% per annum (after fees have been deducted) over the long term (rolling 10 year periods).

Investment objective

To achieve income and capital growth in excess of inflation (as measured by the Consumer Price Index) plus 4% per annum (after fees have been deducted) over the long term (rolling 10-year periods). 

Investment objective

To achieve income and capital growth in excess of inflation (as measured by the Consumer Price Index) plus 4% per annum (after fees have been deducted) over the long term (rolling 5-year periods) while adhering to the Fund’s Catholic faith-consistent exclusions policy.

There is no guarantee that the funds will achieve their investment objectives or that positive returns will be delivered over any time period and capital is at risk.

How to invest in our pooled funds

Please complete an application form and send it, together with your initial investment, to the following address: BNY Mellon Fund Managers Limited, Client Service Centre, PO Box 366, Darlington, DL1 9RF.

The units are purchased on a daily basis and a contract note will be sent within one working day.

 

 

Your capital may be at risk. The value of investments and the income from them can fall as well as rise and investors may not get back the original amount invested.

The funds invest in international markets. This means they are exposed to changes in currency rates, which could affect the value of the funds.

Investments can be affected by interest rates and inflation trends, which may negatively affect the value of the funds.

The investment policy for the Newton Responsible Multi-Asset Fund for Charities places restrictions on its exposure to certain sectors or types of investments to reflect its responsible investing approach. The Fund's performance may be negatively impacted due to these restrictions in comparison to funds which do not have these restrictions.

The Newton Catholic Values Fund for Charities follows a faith consistent exclusions approach, which may cause it to perform differently than funds that have a similar objective but which do not follow faith consistent exclusions when selecting securities.

Why partner with us

 

We are a trusted long-term partner to charities and are proud to have been managing assets on behalf of an extensive range of UK charities for nearly three decades. 

We are backed by the strength of BNY which provides enterprise-scale shared services, governance, risk and compliance oversight, technology enablement, and global distribution, while giving investment autonomy to each underlying investment team.

Our charity clients have the comfort of knowing that one of the world’s largest financial services providers sits behind the investment platform that is working to meet their charitable objectives.

Charities investment team

Our relationships with UK charities are overseen by our experienced multi-asset and charities investment team.

Paul Flood

Paul Flood

Head of Multi-Asset and Charities

Michael Spinks

Michael  Spinks

Portfolio Manager, Multi-Asset and Charities Team

Bhavin Shah

Bhavin Shah

Portfolio Manager, Multi-Asset and Charities Team

Janice Kim

Janice Kim

Portfolio Manager, Multi-Asset and Charities Team

Simon Nichols

Simon Nichols

Portfolio Manager, Multi-Asset and Charities Team

Nancy Last

Nancy Last

Senior Portfolio Analyst,​ Multi-Asset and Charities Team​

Contact us

Charitable organisations are supported by our dedicated client directors. Get in touch to learn more about our pooled funds or bespoke segregated portfolios at:

Email: newton.charities@bny.com

Erika An

Client director

+44 (0) 20 7163 1425

David Moylett

Client director

+44 (0) 7500 799 747

Your capital may be at risk. The value of investments and the income from them can fall as well as rise and investors may not get back the original amount invested