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Fidelity Balanced Trust

0.1213
Thu, 04 Mar 2021
Bid Price
(GHS)
Offer Price
(GHS)
Open
03 Mar 2021
0.1213 0.1213
Close 0.1213 0.1213
Inception Date 01 Oct 2019
Fund Manager Fidelity Securities Limited
Management Fees 2.00%
6M Ch 0.01(+11.28%)arrow_drop_up
1Y Ch 0.02(+14.65%)arrow_drop_up
3Y Ch -

Fidelity Balanced Trust is a Balanced Unit Trust which has the objective of providing a mixture of safety, income and capital appreciation to investors. The Trust seeks to provide long term income and capital growth, by producing returns commensurate with the risk levels, based on careful attention to detail, extensive forward planning and rigorous portfolio selection.

The funds will be managed to achieve maximum returns and be expected to deliver optimum returns on a best effort basis. The set benchmark returns is 50% weighted average of the 1-year GOG note plus 50% return on GSE Composite Index. The mix of equity securities, debt securities and cash may be varied periodically as the Manager consistently looks out for lucrative opportunities in different asset classes, based on the macroeconomic environment and the market cycle. This dynamic approach to asset allocation will maximize the potential in achieving the return objective of the Trust. The percentage limitations in respect of securities held by the Trust are applied at the time of purchase.

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FileSize
lock Fidelity Balanced Trust FactSheet - Feb 2020.pdf766.77 KiB
lock Fidelity Balanced Trust - Prospectus 2019.pdf299.37 KiB
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Years of Experience with
Fund
Fund Manager
Investment Industry
Fund Type Open Ended
Fund Category Balanced Funds
Doobia Jones Ranking Unranked
Board of Directors
  • Mr. Yaw Nsafoa Sarpong
  • Mr. Edward Effah
  • Mr. Edward Opare Donkor
  • Sam Aidoo
Auditors Ernst & Young G15 White Avenue, Airport Residential Area, P.O.Box KA 16009, Airport Accra, Ghana
Custodian Guaranty Trust Bank (Ghana) Limited, P.M.B CT 416 Accra
Trustees
Registered Office Ridge Tower 1st Floor, Ridge Accra PMB 43, Cantonments Accra, Ghana
Place of Business Ridge Tower 1st Floor, Ridge Accra PMB 43, Cantonments Accra, Ghana
Bankers
  • Fidelity Bank
  • GT Bank