Community Fund
The Community Fund provides investments, transactional products and loan facilities to Anglican Parishes, Anglican Schools and Anglican Agencies.
Our investors receive competitive interest rates with funds Capital Guaranteed by the Anglican Diocese of Adelaide. All Funds are invested according to the ethical guidelines of the Anglican Church of Australia, and are used to support loans made to Parishes, Anglican Schools and Anglican Agencies at favourable lending interest rates. Your investment helps our community fulfil its mission and provide valued services to our community at large.
Up to 80% of surpluses generated by the Community Fund that are not required for the future capital needs of the fund are distributed back to nominated Anglican Entities in the form of a Participant Distribution.
The fund is overseen by the Assets and Liabilities Committee, which reports to the AFSA Board.
Please note: Funds invested with AFSA’s Community Fund are capital guaranteed by the Synod of the Diocese of Adelaide of the Anglican Church of Australia Inc. ABN 63 198 215 958 ARBN 655 122 133. AFSA is not prudentially supervised by the Australian Prudential Regulation Authority. Therefore, an investor in AFSA will not receive the benefit of the financial claims scheme or the depositor protection provisions in the Banking Act 1959. Investments in AFSA are intended to be a means for investors to support the charitable purposes of the fund. By law ASIC requires that all Religious and Charitable Development Funds, such as AFSA, advise that investors may be unable to get some or all of their money back when the investor expects or at all, and the investment is not comparable to investments with banks, finance companies or fund managers.