The AIDF offers a wide range of products tailored to suit most investors.
Save for your goals with an AIDF Call savings account where you can earn a very competitive interest rate and have immediate access to your funds when you need them
* As at 17 May 2013
An AIDF Online Community Saver account provides you with annual statements, a highly attractive at call interest rate, whilst also supporting your local community.
*Calculated daily paid monthly as at 1 July
* Calculated daily donated annually to nominated Parish account as at 1 July
*Online Transactions only - No Cheques
An AIDF Term Deposit allows you to select the most appropriate term and rate that suits your investment needs. Interest is fixed for the term, calculated daily and paid on maturity of your deposit, or, six-monthly for terms of more than one year.
* As at 17 May 2013
PLEASE NOTE :
- Please contact our office for the latest rates
Investment in the AIDF is designed for investors who wish to assist the Church in its work and for whom consideration of profit is not of primary relevance.
The operation of the AIDF is not subject to the usual prospectus and trust deed requirements of the law pursuant to an exemption issued by the Australian Securities and Investment Commission.
The AIDF is required to lodge annual audited financial statements with the Commission but has not been examined nor approved by the Commission.
Deposits with the AIDF are not secured but the Anglican Diocese of Canberra and Goulburn guarantees repayment of monies on demand.
The majority of depositors' funds are invested in loans to schools, for parish buildings, clergy housing and Anglican welfare projects.
Surplus liquidity from time to time may be invested in trustee investments, bank accepted bills, shares and unsecured convertible notes of companies listed on the Stock Exchange, first charge debentures in companies, and other securities for the time being approved by Bishop-In-Council.