U3A has an investment policy which allows the investment of funds surplus to immediate needs to be placed with reputable organisations with the aim of maximising both capital growth and investment growth without taking undue or unnecessary risks.
INVESTMENT GROUPS WITHIN U3A
It is perfectly acceptable to have an interest group that learns all about the way the Stock Market works and researches, buys and sells a virtual portfolio. That is educational and is therefore within a U3A’s charitable objectives. It is not, however, permissible to have a group operating within U3A which actually trades. In this situation the group must operate totally outside the U3A, must not have U3A in its title and must not be listed in the U3A programme.
Review date: 01/10/21