Investment product

When you invest in depository receipts of the Oikocredit International Share Foundation (OISF), you acquire a redeemable impact investment product that aims to create a positive impact on people and planet. 

Depository Receipts in the Oikocredit International Share Foundation (OISF)

To raise investment capital for our development work the Oikocredit Ecumenical Development Co-operative U.A. (the Oikocredit International 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-member institutions and individuals by issuing depository receipts for Oikocredit International Co-operative shares. The OISF comes under the umbrella of the Oikocredit International Co-operative and was established in 1995 for the purpose of raising investment from the public by using depository receipts, which invests its funds by way of shares in the Oikocredit International Co-operative.  

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 shareholder-members (primarily faith-based organisations and the OISF) are permitted to hold ordinary shares in the Oikocredit International 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 non-readily realisable securities by the Financial Conduct Authority (FCA), which is any investment which is illiquid, hard-to-price and for which there is no, or only a limited secondary market. The investment product is there not in a security which is admitted to official listing on, or regularly traded on (or under the rules of) a recognised investment exchange.

Ordinary shares in the Oikocredit International Co-operative cannot be obtained via the depository receipts in the OISF and this investment opportunity therefore does not constitute an offer of shares in the Oikocredit International Co-operative.

Financial returns on your investment

Like any investment product, a 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 International Support Foundation 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.