Choose an option below for answers to some of our frequently asked questions:
If we create a fund for our congregation with Charitus, who owns the assets?
We offer two types of fund: managed funds and endowment funds. Under the written agreement for a managed fund, the type chosen by most churches, the congregation remains the owner of the assets.
Do you offer a guaranteed rate of return?
Charitus funds are invested in securities whose value fluctuates with market and economic conditions. We do not offer any guarantees on the rate of return.
What happens if there is a year where the fund loses money?
Are Charitus' investments covered by an investor insurance plan?
The value of Charitus' investments is subject to fluctuations that are outside of our control. There is no insurance plan that guarantees the value of principal in an investment partner’s fund. However, the securities that make up Charitus' investment portfolio are actually held by our custodian, RBC Investor Services.