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CDFMN AFSL Limited Board Members

Father Andrew Doohan

Father Andrew was ordained priest for the Diocese of Maitland-Newcastle in 2007 and served as a member of the College of Consultors and the Trustees of the Diocese from 2012 to August 2023.

Currently, Father Andrew is the Parish Priest of Dungog & Gresford. He has previously served as Rector of Sacred Heart Cathedral and in the parishes of Inner Newcastle, Forster Tuncurry, Singleton, and Raymond Terrace. He also served as Vicar General to Bishop Bill Wright.

Father Andrew is a member of the Human Research Ethics Committee at the University of Newcastle. He was appointed to the CDFMN AFSL Limited Board in January 2019.

Master’s degrees in theology and liturgy, Company Directors’ Course of the Australian Institute of Company Directors.

Jenny Chung 

Jenny is the Executive Director & Fund Manager of the Catholic Community Fund. Jenny has over 25 years experience in the financial services, chartered accounting and not-for-profit sectors.

Jenny is a Responsible Manager of the Australian Financial Services Licensee (AFSL). She also acts as the AFSL Compliance Officer for the Fund responsible for ensuring the fund meets its statutory and compliance obligations including the obligations associated with the AFSL.

Jenny was appointed to the CDFMN AFSL Limited Board in July 2022. Jenny is a Chartered Accountant and a Graduate of the Australian Institute of Company Directors.

Bachelor of Commerce, Graduate Australian Institute of Company Directors, Member of Chartered Accountants Australia and New Zealand.

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CDPF Limited, a company established by the Australian Catholic Bishops Conference, has indemnified the Diocese of Maitland-Newcastle Catholic Development Fund for the Catholic Community Fund ABN 59 728 447 508 (Fund) against any liability arising out of a claim by investors in the Fund. In practice, this means your investment is backed by the assets of the Maitland-Newcastle Diocese. Money invested with the Fund is used to support the charitable works of the Catholic Church. This is achieved by providing a return on your investment that enables us to provide low-cost funding to assist Catholic organisations, including Catholic schools.

 

Accordingly, we are required by law to tell you that your investment with us is not comparable to those with banks, finance companies or fund managers.

The Fund is not regulated by the Australian Prudential Regulation Authority (APRA) nor has it been examined or approved by the Australian Securities and Investments Commission (ASIC) because we have been granted exemptions.

 

Under these exemptions, we are required by law to tell you that:

  • you will not receive the benefit of the financial claims scheme or the depositor protection provisions in the Banking Act 1959 (Cth);
  • investments that the Fund offers are not subject to the usual protections for investors under the Corporations Act (Cth) or regulation by ASIC;
  • there is a risk that you may not get any of your money back from us;
  • investments that the Fund offers are intended to attract investors whose main investment objective is to support our charitable work;
  • we have an identification statement which contains information about us which may be viewed at www.myccf.com.au/regulatory/
  • the Fund does not hold an Australian Financial Services Licence but the Fund has entered into an intermediary authorisation with CDFMN AFSL Limited ABN: 74 623 033 830, AFSL No. 504182 to issue and deal in debentures.

Catholic Community Fund Maitland-Newcastle ABN 59 728 447 508 operating under an intermediary authorisation with CDFMN AFSL Limited ABN 74 623 033 830, AFSL: 504182 Copyright 2021.