Publications : NA News : January, 2004

 

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National Association of Congregational Christian Churches,  P.O. Box 288, Oak Creek, WI  53154
414-764-1620 
Email: naccc@naccc.org   Web Site: http://www.naccc.org

NACCC INVESTMENT TRUST

With the investment landscape increasingly marred by scandal and self-serving behavior, you might be wondering where to turn, what to do and whom to trust. As members of the National Association of Congregational Christian Churches, let us remind you of an excellent

investment vehicle available only to you—the member church. This vehicle, The Congregational Investment Trust, is designed to help you navigate uncertain terrain while avoiding the many potholes appearing in today’s investment headlines.

Did you know…

  • The Congregational Investment Trust is a broadly diversified investment portfolio giving you, the member church, instant access to a balanced investment portfolio managed by independent investment professionals.

  • This professional management provides continuity and relieves participating churches of the increasing amount of time it takes to monitor and maintain an investment portfolio.

  • Professional management also alleviates any tension and discomfort that may arise from various church member investment activities and/or recommendations—especially those that conflict with the overall investment goals of the member church.

  • Given the majority of assets within the Congregational Investment Trust are invested in individual common stocks and bonds, the woes confronting today’s mutual fund investors are largely avoided.

  • The overall expense ratio for the investment management of the Congregational Investment Trust is about 0.48%, up to two-thirds less than the fees associated with many mutual funds.

  • Member church investment assets, no matter the amount, are combined with other member church assets so as to enjoy the efficiencies of one large investment pool while continuing to receive individual account statements and other record keeping benefits.

  • Any questions you may have about the Congregational Investment Trust may be directed to members of the investment committee or the portfolio management professionals—many who have been involved with the portfolio for years and years.
     

Additional information about this unique investment opportunity will be forthcoming in a February newsletter as well as in presentations at the annual conference in Providence, Rhode Island. Stay tuned!

CSC DEVOTIONALS A POPULAR RESOURCE
Approximately, 4,400 copies of the 2003 Advent Devotionals, published by the Church Services Commission, were sold to member churches!! Unfortunately, due to a substantial increase in orders from the previous year, we were not able to fill all requests for the booklets. We will remedy that situation for the future. Please look for the 2004 Lent Devotionals – a sample copy will be mailed to the churches during the month of January.

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