FUNDS AND ASSET MANAGEMENT
Our investment professionals provide a broad and diversified range of financial services and investment products.
MANAGED INVESTMENT ACCOUNT
We create an investment portfolio that meets your specific need by considering your investment time horizon and risk appetite. We monitor and manage your portfolio on an active basis, as market conditions and individual investment objectives change with time.
We also assist corporate institutions with the management of their finances, helping to improve cashflow, impacting positively on the bottom line.
RETIREMENT PLANNING
How much money will you need to retire comfortably? What are appropriate expectations for the long-term returns for your portfolio holdings? How much will increases in the cost of living impact your plan? Let an NGIS investment professional help you chart your course.
PENSION FUND MANAGEMENT
NGIS is a licensed by the National Pensions Regulatory Authority (NPRA) as a fund manager for pensions. In its bid to reform pensions regulation in Ghana, the Government of Ghana in 2011 began the implementation of the National Pension Act, 2008 (ACT 766). The component of the new scheme is made up of the following:
- First Tier- Mandatory Basic National Social Security Scheme (BNSSS)
- With a track record for efficiently managing provident funds for several institutions, NGIS is well positioned to manage pension funds efficiently. We have the requisite human and technological resource to efficiently manage your funds, under the supervision of the regulator of pensions, the National Pensions Regulatory Authority.
PROVIDENT FUND MANAGEMENT
NGIS manages provident funds for corporate bodies, guaranteeing attractive yields and conditions that are usually established in a memorandum of understanding between NGIS and Trustees of the client company. Provident & Pension funds are very important funds because they cater for the future financial needs of employees and provides good retirement package after years of hard work.
Most institutions are almost always too busy putting their bottom line performance in shape, and may inadvertently forget planning a suitable retirement package for staff.
That is where NGIS comes in. We would assist you create a viable provident fund scheme that would reward staff appropriately at retirement. We have a tall list of satisfied clients who may share their experience with you.
NGIS will be guided by the following principles in managing your Provident Fund:
§ Aim at ensuring long-term performance
§ Invest the funds in assets that lead to better returns to investors
§ Reduce risk by diversifying the portfolio
§ Ensure adequate liquidity when payments are to be effected from the Provident Fund to forestall delays.
The Anidaso Mutual Fund
The Anidaso Mutual Fund is a medium to long-term investment avenue established under the securities industry Law, 1993 (PNDCL 333) to offer capital gains and dividend income to shareholders. It is open to all categories of investors including individuals and organizations such as churches, schools, credit unions etc.
With as little as GHC10, one can invest in the Anidaso Mutual Fund and experience the joy that comes with prudent investing.
NGIS manages the Fund on behalf of shareholders by investing in high yielding instruments. One can save towards future objectives such as payment of wards fees, purchase of land, house, or vehicle, or accumulat of bulk funds to start a business etc.
FREQUENTLY ASKED QUESTIONS (FAQs) ABOUT THE ANIDASO MUTUAL FUND
How do I invest in the Anidaso Mutual Fund?
A new investor may download an application form from the NGIS website. Completed forms may be forwarded to NGIS along with a copy of the pay-in-slip. (You may contact NGIS for details of an Anidaso Account or Receiving Agent near you.) You may also visit the offices of the Fund Manager (New Generation Investment Services Limited) to complete an application form and to make your purchase. Upon receipt of monies from investors, a contract note showing the number of Anidaso shares bought and the purchased price will be provided to the investorHow does the Fund operate?
Funds are mobilized from shareholders into a large pool and invested on behalf of shareholders. The Fund Manager, New Generation Investment Services (NGIS) Limited, is responsible for investing the funds based on an established investment policy. Capital gains (loss) depending on the upward (downward) movement of the share price from the purchase price. To determine the returns made on your investment, subtract the price at which you make a redemption from the purchace price.
Assuming you buy 100 Anidaso shares at GH¢ 0.20 per share today (GH¢0.20 *100 = GH¢20), and you redeem (sell) some time later when the price has increased to GH¢0.30 per share. You will receive GH¢0.30*100 = GH¢30.00. Your return is GH¢30 - GH¢20 which is GH¢ 10.00. That translates into a percentage gain of 50% on your investment.
How do I receive information on my Investment?
Anidaso Fund prices are published daily on the NGIS Website. The value of your investment is the number of shares you have in Anidaso Mutual Fund, multiplied by the prevailing price. Investors are provided statements of account showing all monies invested in the fund at various prices, accumulated shares and current value of investment every half year. Investors also receive annual reports on the Fund every half year and full year detailing the Fund’s operational performance. What is the risk in investing in Anidaso Fund? The Fund Manager, will however use its professional know-how to minimize the risk of price depreciation. It does this by investing in high performing companies and diversifying its portfolio.
What can I use the Anidaso Fund for?
Investment objectives differ from person to person. Objectives of investors include saving for the purchase of a home, vehicle, providing for a child’s education, seed capital for business or providing pension for one’s future.
How long must I be in the fund?
The fund is most appropriate for investors seeking at least 3 years horizon since the fund’s investments are largely in medium to long term assets. An investor may however redeem at any time. The regulations establishing the fund stipulates that a commission of between 1 to 3% is charged on redemptions made before 3 years.
How much does the Fund Manager Charge?
An annual management fee of 2.5% of total asset value is charged by the Fund Managers.
How secured are my investment?
The Anidaso Mutual Fund is licensed by the Securities and Exchange Commission (SEC). The regulator ensures that the Fund Manager operates strictly under the regulations setting up Collective Investment Schemes (CIS). Standard Chartered Bank, a renowned name in global securities operations, is the custodian of the Fund, ensuring that best international practices are adhered to in the administration of the Fund.
The Board of Directors of the Fund protect the interest of shareholders and hold NGIS accountable for their operations. The Board of the Fund is also accountable to the Securities and Exchange Commission.
Why invest in Anidaso Fund?
· Become an indirect shareholder of high performing companies. · Benefits from the Fund includes, a diversified portfolio which maximize returns from operating on Ghana Stock Exchange. · The ability of shareholders to convert their share holdings to cash, through a well-defined and fair process.
· Enjoy competitively high returns in the long term that are tax exempt.
