Fixed Income Alpha Plus Fund

1.5576
Thu, 21 Apr 2022
Bid Price
(GHS)
Offer Price
(GHS)
Open
20 Apr 2022
1.5570 1.5570
Close 1.5576 1.5576
Inception Date 14 Oct 2019
Fund Manager Black Star Advisors Limited
Management Fees 1.50%
6M Ch 0.13(+9.16%)arrow_drop_up
1Y Ch 0.24(+18.45%)arrow_drop_up
3Y Ch -

Fixed Income Alpha Plus Fund (“The Fund") is an open-ended mutual fund designed to provide steady long-term capital appreciation through investments in a diversified portfolio of fixed income instruments as well as REITs. The Fund will invest across markets in Ghana in order to achieve optimal diversification with minimal volatility. The Fund is registered with the Securities and Exchange Commission as a mutual fund.

The Fund is authorized to invest in the instruments listed below however, the Manager subject to approval from the Board may from time to time amend the asset allocations and limits.

a. Government bonds - (15% - 25%)

b. Quasi government bonds (including municipal bonds) – (10% - 40%)

c. Money market securities (including treasury bills, bank placements & commercial paper) – (10% - 40%)

d. Corporate bonds – (10% - 30%)

e. Cash and cash equivalents – (5%)

f. REITs – (0% - 10%)

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lock Fixed Income Alpha Plus Fund - Prospectus 2019.pdf5.35 MiB
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Years of Experience with
Fund
Fund Manager
Investment Industry
Fund Type Open Ended
Fund Category Fixed Income Funds
Doobia Jones Ranking Unranked
Board of Directors
  • Isobel Bertilla Acquah
  • Joseph Anka
  • Kobina Yankey
  • Arnold Elton Kavaarpuo
  • Nana Aba Seguah Derby
  • Salihu Ibrahim Salihu
Auditors John Kay and Co., 7th Floor, trust Towers, Adabraka Box KIA 16088
Custodian Guaranty Trust Bank (Ghana) Limited, P.M.B CT 416 Accra
Trustees Lawfields Consulting, #799/3, 5th Crescent Asylum Down, Accra (off Ring Road) PMB CT 244, Accra, Ghana
Registered Office Address 4th Floor, The Rhombus, Plot 24 Tumu Avenue, PMB 59, Osu – Accra
Place of Business Address 4th Floor, The Rhombus, Plot 24 Tumu Avenue, PMB 59, Osu – Accra
Bankers
  • Guarantee Trust Bank (Ghana) Limited