Crystal Capital & Investments Limited (CCI) has announced the launch of two new mutual funds that will offer Ghanaians more investment opportunities to earn higher returns which will enable them to plan appropriately towards their entrepreneurial goals.
The Mutual Funds: Crystal Entrepreneur Fund (EFund) and Crystal Wealth Fund (W-Fund) were launched at an Initial Public Offering (IPO) at on February 21 at the Atrium of the World Trade Center (WTC), Accra.
Chief Executive Officer (C.E.O.) of Crystal Capital, Mr. Martin Ofori explained that: “It is our mission to be the right investment partner to all our clients and strategic partners. We have therefore innovatively designed the Entrepreneur Fund and Wealth Fund to give investors flexibility and real value on their investments. Investors will also enjoy our ingenious value-add services, including complimentary advisory sessions for asset owners and users.”
ENTREPRENEUR FUND
The Entrepreneur Fund (eFund) is especially designed for entrepreneurs and young people with entrepreneurial ambition as well as organisations that support entrepreneurial initiatives. It invests in a balanced portfolio of Treasury Bills, listed equities (companies listed on Ghana Stock Exchange) and other regulated financial instruments that provide very good yield to help achieve the capital required for entrepreneurial initiatives. The Crystal eFund is offering for subscription, 500,000 shares of no par value at GH¢ 0.20p each. During the Initial Public Offer (I.P.O), the minimum purchase of shares will be GH¢ 100 and thereafter, investors can invest with as little incremental amount as GH¢ 2o afterwards. Investors can open or top up their EFund accounts at any uniBank branch or at our office on the Spintex road.
Features of the Crystal eFund
Minimum holding period of four years Entitlement to dividend
Voting Rights
Annual General Meetings
Investors’ interest in the Fund will be shares which will have same and equal rights.
Benefits
Enjoy the services of a professional Fund Manager Enjoy the rewards of a diversified portfolio
Enjoy all interest income earned less expenses Low startup cost
Ease of entry and exit
Flexibility and easy access to your money Regular updates on the status of your investment Returns are tax exempt
Superior returns in the short term
Have a say at Annual General Meetings
WEALTH FUND (Crystal W-Fund)
The Wealth Fund is ideal for individuals looking to invest towards short to medium term goals. The Fund is carefully designed to provide capital appreciation and preservation as well as regular income to the investor. The Fund achieves this by investing in a diversified portfolio of money market instruments such as treasury Bills, Commercial Papers and other government financial instruments. The Wealth Fund is offering for subscription, 200,000 shares of no par value at GH¢ 1 per share. During the Initial Public Offer (I.P.O), the minimum purchase of shares will be GH¢ 200 and thereafter, investors can invest with as little incremental amounts as GH¢ 5o.
Features
Minimum holding period of six months
Entitlement to dividend
Voting rights
Investors’ interest in the Fund will be shares which will have same and equal rights Annual general meetings
Benefits
Enjoy the services of a professional Fund Manager Enjoy the rewards of a diversified portfolio
Enjoy all interest income earned less expenses Enjoy low startup cost
Ease of entry and exit
Flexibility and easy access to your money Regular updates on the status of your investment Returns are tax exempt
Superior returns in the short term
