Gold coast fund management is a full-service investment bank in ghana we provide individuals and corporate clients with short and long-term investment opportunities find out more. (i) the fund must be governed by the laws of ghana 513 unit trusts and mutual funds the funds of a constituent fund may be invested in a unit trust or mutual fund. The risk for mutual funds is relatively high due to the uncertainty of returns these are the top 6 investment tools to use in ghana if you're looking to buy a house but want a quicker method to acquire it, you should consider getting a mortgage. The teachers fund is a retirement supplement and solidarity scheme for the ghana national association of teachers (gnat) established by a trust deed in may 1998. Furthermore the simplicity of investing in mutual funds is not just an attractive feature for beginning investors the accessibility, versatility and easy-to-understand structure of mutual funds makes for powerful investing vehicles for all kinds of investors, including the pros, and can be appropriate for a variety of savings and investing objectives, including college and retirement.
1 unit trusts and mutual funds regulations, 2001 (li 1695) 1 application & annual fees regulation 3 of this law deals with application & annual fees and. Mutual funds (otherwise called collective investment schemes) are one of the emerging investments products in ghana today there are currently over 30 registered mutual funds in ghana managed by. A mutual fund is an sec-registered open-end investment company that pools money from many investors and invests the money in stocks, bonds, short-term money-market instru. Accra, april 28, gna - firstbanc first fund, a short to medium term money market mutual fund, posted an impressive annualised yield of 3786 per cent in 2015 to top the charts of money market.
Why consider investing in gold how to invest in gold both gold mutual funds seek to achieve capital appreciation plus protecting against inflation and monetary. Investigating mutual funds in ghana: it's risk, return and performance abstract over the years, investors have been attracted to mutual funds. The anidaso mutual fund continues to show strong performance with its net assets hitting gh¢1,938,59700, last year, from the 2015 total of gh¢1,639,18500 the most reverend professor daniel yinkah sarfo, the board chairman, who announced this said its investment income also rose to gh¢223,019. Mutual funds have gradually established themselves as one of the top destinations for the money of many investors in ghana they have done this by being some of the biggest advertisers in the investment industry for a lot of ghanaian tertiary students, their first investment instrument will.
The growing interest in mutual funds in ghana has been tremendous over the last decade as evidenced by the continuous increases in number and total funds under management. Find relevant information on everything related to finance and banking @ gis centre search banks in ghana visit & look up quick results now mutual funds list. First mutual capital is a limited liability company that is registered with the registrar general in ghana first mutual provides debt and equity to microfinance institutions in ghana what we do. Edc ghana fixed income fund seeks to achieve current income on a steady basis while preserving capital the fund aims at outperforming short term interest rates being offered on government securities (government of ghana 1-year treasury note) net of fees and deliver an inflation protected income stream to investors.
I would on every monday post analysis on mutual funds and unit trusts in ghana and how best individuals can take advantage of them i would look at their financial statements, management, directors and fund managers and i would also from time to time make comparative analysis between two mutual funds and educate investors. Old mutual ghana is part of the old mutual group which provides life assurance, asset management, banking and general insurance to more than 16 million customers in africa, the americas, asia and europe. Life insurance old mutual ghana offers personal financial solutions for you and your family.
Fund fact sheet as at august 31 press release: databank's partnership with commercial banks is to help serve ghanaians better what to look out for before investing your money. Pension funds the advent of the pensions act 2008 has moved pension management to the fore of asset management in ghana dalex capital delivers efficient fund management services to ensure that pension fund returns are stable. Unlike the ghana stock exchange which takes relatively longer time to sell shares, generally mutual funds are priced daily and are open-ended in nature, meaning investors can redeem (sell) their units and get their money back at a prevailing price faster. Mutual funds browse fidelity funds glossary the top 10% of the funds in an investment category receive 5 stars, the next 225% receive 4 stars, the next 35%.