Established in 2007, the Financial Sector Charter Fund (FSC Fund) makes direct investments and investments into other impact funds managed by OMAI, across the Housing, Education and Financial Inclusion sectors in South Africa, with a focus on the Affordable Market segment.

The FSC Fund’s objective is to provide its investor with an competitive risk-adjusted return, while making a positive social impact at a substantial scale.

The FSC Fund also enables its investor to achieve Targeted Investment points, as defined in the Financial Sector Charter.

The FSC Fund aspires to make a positive impact in the Housing, Education and Financial Inclusion sectors in South Africa.

We are proud of the impact the FSC Fund has made through its direct investments:

• 800 rental housing units and opportunities financed to date
• 5 554 mortgage bonds financed
• 147 590 home unsecured consumer loans financed
• 190 132 home improvement loans financed
• 11 200 taxis financed
• 3 400 ATM’s financed
• 84% in the Affordable Market segment

For the impact that the FSC Fund has contributed to through its investment into other impact funds, please see:

• Housing Impact Fund South Africa
• Schools and Education Investment Impact Fund South Africa
• Education Investment Impact Fund of South Africa

The FSC Fund makes direct investments and investments into other impact funds managed by OMAI, across the Housing, Education and Financial Inclusion sectors in South Africa, with a focus on the Affordable Market segment.

The FSC Fund has invested in the following impact funds managed by OMAI:

• Housing Impact Fund South Africa
• Schools and Education Investment Impact Fund South Africa
• Education Investment Impact Fund of South Africa

Its direct investment portfolio is geographically diversified, with both debt and equity investments, and managed by a selection of specialist operators to best match the underlying assets.