Legacy Unit Trust
₵0.24
Description
Fund Manager: IFS Capital Management Ltd
Bid Price: 0.2416
Offer Price: 0.2416
YTD: +12.42%
Fund Launch Date – 03-Jun-2013
Fund Size (as at 23 Mar, 2017)- GHS0.00 mn
Fund Info
The name of the Fund is Legacy Unit Trust and it is an open-ended unit trust managed by IFS Capital Management Limited and it is governed by the Laws of Ghana. The Fund is established with an unlimited duration. The investment objective of the scheme is to provide long-term growth of capital for clients. The Fund is targeted at adults (or donors) who aim at investing for their wards as an inheritance package.
Fund Strategy
The Investment Policy is to carefully select growth assets that will ensure best rewards while minimising risk exposure of investments. The fund will invest in mainly local securities listed on the Ghana Stock Exchange and with keep small investments in short-term securities. Under normal circumstances, the Manager will follow the target asset allocations below in an attempt to achieve this investment objective;
| Securities | Target allocation |
| Local equities | 55% |
| Gov’t bonds, fixed income & T-Bills | 40% |
| Cash and Cash Equivalents | 5% |
| IMPORTANT NOTICE!
Please remember that investments can fall as well as rise and you may not get back all the money that you invest. If you’re unsure about the suitability of a particular investment or think you need a personal recommendation, you should speak to a suitably qualified financial adviser or call 0265560612 |
