Short Term Investment Fund
For much of the past decade investors who were eligible to invest in the Consolidated Fund of The Church Foundation (TCF) have asked us for a fund which provided attractive current returns and preservation of capital. Our investment committee has advised that we could not meet both those objectives without assuming a degree of credit and maturity risk which we would not recommend to our investors.
Since the Federal Reserve raised rates to squeeze inflation out of the monetary system the situation has changed and we are pleased to announce the launch of our new Short Term Investment Fund, designed to provide our investors with consistent, low-volatility performance with an emphasis on high credit quality, low maturity risk, and liquidity.
At TCF, we understand the importance of balance and have created the Short Term Investment Fund specifically to cater to the needs of those who are interested in a shorter term investment horizon (e.g., operating reserves or funds needed for capital projects) or prefer not to take the risk of investing in equity markets. TCF strongly recommends that endowment “perpetual” funds should primarily be invested in a well-diversified portfolio of equity investments combined with bonds and other credit instruments but we know that shorter term needs should also be addressed.
Key Features of the Short-Term Investment Fund:
Competitive Returns: The Short Term Investment Fund is designed to offer competitive short-term returns that match traditional savings and money market accounts after all fees and charges.
Risk Mitigation: We have selected a diversified portfolio of low-risk assets to preserve capital and minimize exposure to market and interest rate fluctuations.
Liquidity: Investors can access their funds at short notice, allowing for flexible withdrawals when needed.
Professional Management: Our team manages the fund, making informed investment decisions to maximize returns while minimizing risks.
Transparency: We are committed to providing complete transparency regarding fund performance and holdings, accessible from your browser ensuring our investors are always well-informed.
The STIF is ideal for those looking to grow their capital over the short term without compromising on safety and liquidity. Whether you have a specific financial goal or just want to make your money work harder for you, this fund offers an excellent solution.
To learn more about the Short Term Investment Fund and how it can benefit you, please do not hesitate to contact Operations Manager Lisa Reinhardt at [email protected]. We would be delighted to provide you with comprehensive information, answer any questions you may have, and guide you through the investment process.
At TCF, we are committed to serving our diocesan family in ways that help promote financial sustainability. Our Short Term Investment Fund is a testament to this commitment, and we look forward to the opportunity to serve you.
Our Short Term Investment Fund is a 50/50 split between T. Rowe Price's Ultra Short Term Fund and U.S. Treasury Money Fund. To learn more click here for the Fact Sheets: