Authorised Investment Funds. Charity authorised investment fund (caif) a caif is both an authorised fund and a registered charity with the charity commission, in which only charities can invest. As a registered charity in its own right, the fund itself must also comply with applicable charity law.
Investment products authorised under section 104 of the sfo during november 2021. The financial conduct authority’s (fca) rules require authorised funds to prepare their accounts for periods ending on or after 31 december 2015 in accordance with the 2014 edition of the sorp. Aiy) is a pooled development fund on the australian stock exchange.