
Gold Money Market Fund
The Gold Money Market Fund (GMMF) is an open-ended Mutual Fund licensed by the Securities and Exchange Commission, Ghana, which seeks to invest in a diversified class of money market securities. The Fund provides opportunities for investors seeking safe, liquid, and good returns on their investments.
With our CIS, clients can trust Ashfield to help them meet their investment goals of retirement income and planning, savings, educational expenditure, family welfare and healthcare, and many more.
Acknowledgement of Risk
Investors should recognize that investing in financial instruments involves certain risks and special considerations. The value of the Fund’s assets may be adversely affected by the macroeconomic environment.
As a result of the risk considerations, it cannot be guaranteed that the fund will achieve its investment objectives. However, the Manager will seek to always preserve the value of your investment.
Overview
Investment Objective and Policies
The Fund aims to provide income, growth and preservation of capital for shareholders. The Fund seeks to achieve this by investing primarily in Ghanaian quality short-term debt obligations.
Fund Category: Money Market Fund
Fund Type: Open-ended Mutual Fund
Inception Date: March 2009
Fund Manager: Ashfield Investment Managers Limited (“Ashfield” or “AIM”)
Place of Business: 18 Noi Fetreke Street, West Airport
Management Fees: 2.50% of the Net Asset Value of the Fund
Custodian Fees: 0.20% of Assets Under Custody
Minimum Deposit: GHS 10.00
Regular Deposit: GHS 10.00