The Roman Catholic Trust Corporation for the Diocese of Cairns operates the Catholic Development Fund (CDF) to further the mission of the Church through harnessing the financial resources of the Diocesan Catholic Community.

Objectives of the Catholic Development Fund are:

• The Fund aims to provide loans to Diocesan entities at a cost lower than commercially available outside of the Diocese; and at the same time

• Provide an operating surplus to assist the Diocese in financing essential charitable, educational and pastoral care programmes; and

• Provide a reasonable rate of return to depositors who deposit money with the Fund

The CDF is not subject to the provisions of the Corporation Act 2001 nor has it been examined or approved by the Australian Securities and Investments Commission. Neither CDF nor the Trustees of the Roman Catholic Church for the Diocese of Cairns are prudentially supervised by the Australian Prudential Regulation Authority; contributions to CDF do not obtain the benefit of the depositor protection provisions of the Banking Act 1959.

CDF is designed for investors who wish to promote the charitable purposes of the Diocese.