What is the difference between the organizational funds: Catholic Savings Fund and Catholic Growth Fund?
Both funds are treated like a checking or savings account. The difference between the two is how they are invested.
A Catholic Growth Fund is placed in a moderately aggressive portfolio that allows for growth but is subject to market fluctuations. A Catholic Savings Fund is invested in a much lower portfolio. Both funds operate like checking or savings accounts, but they differ in their investment strategies.
The Catholic Growth Fund is invested in a moderately aggressive portfolio that aims to achieve growth, although it is subject to market fluctuations.
In contrast, the Catholic Savings Fund is placed in a much lower-risk portfolio that mitigates market volatility, offering a guaranteed annualized return rate instead.
If you want to learn more about which fund is best suited for your organization, please get in touch with the Catholic Community Foundation at 480-651-8800.