Charitable Investment Scheme
Charitable Investment Scheme
CCI Asset Management (CCIAM) and the Trusts are recognised by ASIC as a charity within the meaning of the Regulatory Guide 87 issued by ASIC. ASIC Corporations (Charitable Investment Fundraising) Instrument 2016/813 treats the Trusts as charitable investment schemes.
As a Charitable Investment scheme the Trusts are exempt from fundraising, managed investment and licensing provisions of the Corporations Act 2001. Furthermore, CCIAM is exempt from the requirement to hold an Australian Financial Services Licence.
Please refer to CCIAM's identification statement below.