Investing & Saving

Term Investments

BFI’s short-term (3 – 12 month) investment options offer a great fixed return with minimal risk. Most short-term funds are invested in US Treasury products and offer a fixed return as long as the securities are held to maturity.

BFI Bonds

BFI offers defined maturity bonds to support church and ministry capital projects.  BFI bonds are sold in $1,000 increments.  Long-term bonds may be held in either Roth or Traditional IRAs as well.  Interest may be accumulated in cash management, distributed, or assigned to a charitable fund. BFI bond issue availability will be announced through our website, social media, email, and printed publications.

BFI bonds are secured by:

• A first-position mortgage on the property

• A loan is never made for greater than 50% of the property value.

• Loan payments may not exceed 25% of a church or ministry’s unrestricted income.

• BFI bonds have been default-free since their inception

Long Term Fixed Income (LTFI) Portfolio

Primarily used by individuals, churches and institutions who wish to invest in low-risk fixed income assets (primarily high grade municipals, corporate or government bonds, and a limited amount of preferred stock), need a reliable income stream (or have the ability to reinvest), and do not anticipate needing a return of principal for a year or more, the LTFI portfolio has an historic yield of 3.99% - 6.3% (net).  Fees are 50/100 of a percent (50 basis points) for participation in this fund.  Total return on the Long Term Fixed Income pool since its inception (specifically, a regressive 100 months since the end of 2020) has been 60.79% or an annualized return of 7.29%.

Blended Fund

The Blended Fund seeks to increase income while still realizing the traditional long term appreciation of the U.S. equities market. 50% of the fund is in BFI’s LTFI Portfolio (see above). 50% is comprised of the KNGIX, a publicly traded fund composed of 53 U.S. equities chosen by their increasing dividend yields for the last 25 years.  The target yield for the Blended Fund is 7.5%. Fees are 50/100 of a percent (50 basis points) for sub $1,000,000 accounts and 35/100 of a percent (35 basis points) for accounts of $1,000,000 or greater.