C H U R C H E S  O F  C H R I S T  I N  Q U E E N S L A N D

Centenary Development Foundation

 

 

  

 

 

 

Your Security...

Of course, you need to be confident that your funds are secure with us - we understand that.

Because of CDF's structure within Churches of Christ in QLD, the fund is not required to have a prospectus or trust deed under the Corporations Law, neither has it been examined or approved by the Australian Securities Commission. This scheme is for those who wish to promote the work of Churches of Christ in Queensland and for whom the considerations of profit are not of primary relevance in their investment decision.  However, Churches of Christ in QLD, as a registered Sponsor Body, has indemnified the fund against liability arising out of a claim by investors.  This means that the whole resources of Churches of Christ in QLD, including many churches, retirement villages, college property, campsites etc, stand behind CDF.

Furthermore neither Churches of Christ in Queensland nor Centenary Development Foundation are prudentially supervised by the Australian Prudential Regulation Authority (APRA) and contributions to the fund do not obtain the benefit of the depositor protection provisions of the Banking Act 1959.

CDF currently manages approximately $26,000,000 in funds, and has a blemish free record with investor deposits.  You can be confident that your funds are secure when they are deposited with us - we invest conservatively and responsibly, as we have done for years.

 


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