MyWealth Trust
₵0.27
Description
Fund Manager: IFS Capital Management Ltd.
Bid Price: 0.2703
Offer Price: 0.2703
YTD: +11.23%
Fund Launch Date – 03-Jun-2013
Fund Size (as at 31 Dec, 2016)- GHS mn
Fund Info
The name of the Fund is My Wealth 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 Fund seeks to provide long-term growth of capital and current income and will invest primarily in stocks with long-term growth potential and fixed income of all maturities issued by governments and corporations around the world.
Fund Strategy
The Investment Policy is to carefully select growth assets that will ensure best rewards while minimising risk exposure of investments. The investment in fixed income securities provides a cushion of downside protection to the portfolio. Geographically, the fund will invest in both local and foreign securities. Under normal circumstances, the Manager will follow the target asset allocations below in an attempt to achieve this investment objective;
| Securities | Target allocation |
| Global Equities | 15% |
| Local Equities | 25% |
| Government bonds/Fixed Income Securities/Treasury Bills | 45% |
| Commodities Market | 10% |
| 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 |
