What is the club?

 

FCIC Limited operates a number of separate investment clubs. Members of the various clubs are entitled to invest in the investment fund of their club. The investment fund is then used to finance the purchase of a portfolio of shares. Club members must invest in the investment fund on a regular basis (subject to a minimum amount of £25.00 per month). They may also invest on a periodic basis (subject to a minimum lump-sum investment of £100.00).

 

FCIC Limited allows the club members to pool their resources to minimise the risks of share ownership whilst maintaining control of their investment. By purchasing shares collectively, the club members are buying into a much larger portfolio of shares than they could individually afford. As the size of the portfolio increases, the ownership risks attached to that portfolio diminishes.

 

FCIC Limited allows the club members to access the ownership of shares at a lower financial threshold than would be experienced if not investing through a collective vehicle.

 

FCIC Limited is a company limited by guarantee (i.e. a mutual company - it has no shareholders). It is run by a Board of Directors who report to the club members on a quarterly basis. Club members are not company members as defined by the Companies Act. The investments are selected by the Club Investment Committee, to which all club members are entitled to join.

 

 

FCIC

Limited

The FCIC Investment Club