STANLIB Income
₵4.40
Description
Fund Manager: STANLIB Ghana Ltd
Bid Price: 4.4031
Offer Price: 4.4031
YTD: +9.54%
Fund Launch Date – 06-Jan-2011
Fund Size (as at 24th Feb, 2017)- GHS mn
Fund Info
The STANLIB INCOME FUND TRUST (“SIFT” or “the Fund”) is an open-ended unit trust fund. The primary objective of the Fund is to maximize short-term income as well as long-term sustainable income and capital appreciation of its assets. The Fund shall invest in a portfolio of fixed income securities including government treasury bills and notes, fixed deposits and other corporate debt securities.
The Trust is authorised and registered in Ghana as a Unit Trust Scheme. The Trust is governed by a Trust Deed. The Trustee of the Trust shall be vested with all the assets of the Trust, as mandated by the Law and Regulations to protect the interest of investors.
Fund Strategy
Up to 70% of AUM in medium to long-term corporate and government debt securities with up to 40% in money market securities and 5% minimum in cash.
| 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 |
