Investment product

When you invest in depository receipts of the Oikocredit International Share Foundation (OISF), you acquire a redeemable impact investment product, which has historically delivered a gross dividend each year, every year since 1995*, while creating a positive impact on people and planet. 

We focus your capital on overcoming many of the challenges we face in the world - outlined by the United Nations sustainable development goals (Global Goals).  Around 85% of our investors' capital is therefore placed in social enterprise partners with the specific aim of overcoming some of these challenges and 'doing good'.

Like any organisation, we also need a degree of liquidity.  We therefore place around 10% of our investors' capital in Term Investment Funds which primarily exclude/screen areas that 'do harm' to people and planet (such as child labour, weapons and our pledge to divest from fossil fuels), while including some 'positive impact' funds which 'do good' and align with our development mission.

Depository Receipts in the Oikocredit International Share Foundation (OISF)

To raise investment capital for our development work the Oikocredit co-operative issues shares to its members. In turn, one of these members - the Oikocredit International Share Foundation (OISF) - provides an investment opportunity for non-members institutions and individuals by issuing depository receipts for Oikocredit shares. 

Depository receipts have similar characteristics to ordinary shares, with dividends which can be taken, reinvested or donated to our additional capacity building activities. Unlike ordinary shares, however, depository receipts do not come with voting rights and are non transferable. This helps to protect the social mission of Oikocredit and ensures that a sustainable balance between financial and social returns is achieved.  Only our 575 shareholder-members (faith-based organisations and the OISF) hold ordinary shares in the OIkocredit co-operative.

These OISF depository receipts are the investment product you buy when you invest in the Oikocredit International Share Foundation (OISF). They are classified as a non-readily realisable security by the Financial Conduct Authority (FCA), which is any investment which is not in a government or publicly issued security. Neither is it in a security which is admitted to official listing on, or regularly traded on (or under the rules of) a recognised investment exchange, e.g. the Social Stock Exchange, AIM, the London Stock Exchange.

Financial returns on your investment

The OISF depository receipts have historically delivered a gross dividend of between 1%-2% each year, every year.*   Like any investment product, the dividend is not guaranteed and may vary each year.  Investments can be in euros or pounds sterling.  The minimum investment is 200 (£150), there is no maximum. Withdrawals require no notice period, there is no annual management charge, commissions, fees or other charges and investors have always had their capital repaid.

Taking, re-investing or donating your dividend

You can choose to receive your dividend direct to your bank account, reinvest it in your depository receipts, or donate it to the Oikocredit Support Association for Oikocredit's additional technical capacity-building activities.

This separate capacity-building fund is used to build the skills of our partners (and their end clients), while helping to reduce the investment portfolio risk.

*Taken from Oikocredit Annual Reports and Accounts.