More Money to Spend on Servicemen and Their Dependants
The Armed Forces Common Investment Fund (AFCIF) has been formed exclusively for Armed Forces charities in England, Wales, Scotland and Northern Ireland.

The Fund has been designed to provide Armed Forces charities with a professionally managed investment management and administration service. By bringing the assets of Service charities together, costs should be kept down, leaving participants with more money to spend on servicemen and their dependants.

The Fund is unitised: units bought are the property of each separate investing charity and remain under the control of its Trustees.

The Advisory Board
As a Common Investment Fund, the Fund is a charity in its own right, with a Corporate Trustee (the Royal Bank of Scotland plc) and an independent Advisory Board, comprising representatives of participating charities and senior City individuals.

Investment Objective
The investment objective of the Fund is to seek to achieve real growth in capital and income over the long term, by investment predominantly in equities. The investment objective is to be treated as a target only, there is no guarantee that the Fund will achieve it.

Additional Funds
Participants in the Fund are offered the same, preferential financial terms for investment in two additional funds managed by BlackRock Fund Managers Limited: Charinco Common Investment Fund, which invests in fixed income securities, and the BlackRock Cash Fund an authorised unit trust (please note that no advice will be given in respect of the BlackRock Cash Fund, you should consult an independent adviser). Please contact us for further details.

If you wish to invest in these additional funds, or require further information, please call the Armed Forces Common Investment Fund Helpline on 0800 389 6652