Monday, November 26, 2012

Mastering the Balanced Fund (B-Fund): The new focus on a 'Mutual Monday'

It's another Mutual Monday and the focus is now on the Databank Balanced Fund also known as the B-Fund. Before we look at this mutual fund, lets recap all we did on the journey to Mastering Mutual Funds in Ghana. I wrote on the following;
1Mutual Monday: Investment Funds (Mutual funds & Unit Trusts) in Ghana.
2. Mutual Monday: What you must know about EPACK, the 'Praise-the-Lord' fund.
3. How to master mutual funds; focus on the iFUND mutual fund


In the above posts, I stated the various types of mutual funds and unit trusts in Ghana and went further to focus on EPACK and iFUND showing clearly what they invest your funds in.

Tuesday, November 20, 2012

How to master mutual funds; focus on the iFUND mutual fund



As we planned to master mutual funds and unit trusts, let us find out what the iFUND is and how best we can benefit from it and understand how it is managed. In my previous post, we look at EPACK (What you should know about EPACK), now our focus is on iFUND from EDC, a member of the Ecobank group.
The iFUND is mutual fund from Ecobank Capital (formerly, Ecobank Development Corporation, EDC) and it is structured to invest in both fixed income securities (Treasury bills, bonds, etc) and equities (stocks). The portfolio structure of iFUND reveals that,

Monday, November 12, 2012

Mutual Monday: What you must know about EPACK, the 'Praise-the-Lord' fund.


It's another Mutual Monday and welcome to journey to mastering mutual funds and unit trusts. With reference to my previous post, (Mutual Monday: Investment Funds (mutual funds & Unit trusts) in Ghana), let's take the funds one by one and know more about them. Let start with EPACK.
EPACK is a mutual fund, established and managed by Databank Financial Services since 1996. It is a long term (from 3yrs) investment fund that pools money in different amounts from different people for investment  primarily in Shares listed on the Ghana Stock Exchange.

Thursday, November 8, 2012

How two equities managed to hold off losses in four on the Ghana Stock Exchange

Gains in two equities managed to hold off losses in four, helping the stock market to an eleventh straight win. The year-to-date return on the stock market rose to 19.26%, as the GSE-Composite Index gained 6.80 points to close trading at 1,155.65 points. The financial stock benchmark also went up by 8.58 points to 993.79 points, as positive returns on ETI cancelled out losses in three financial stocks.

A total of 1.50 million shares valued at GHS0.64 million were traded. Compared with the previous session, trade volume declined by 51.32% and the turnover was down 45.69%. SIC trades represented 86.93% and 73.38% of the volume and value traded respectively.

Fan Milk Ltd (FML) and ETI recorded gains while BOPP, EBG, SCB and SIC declined in value.

Courtesy: CBL

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Monday, November 5, 2012

Mutual Monday: Investment Funds (Mutual funds & Unit Trusts) in Ghana.

Today is another Mutual Monday and welcome to my blog. In today’s post I would outline the various types of investment funds we have in Ghana and the fund managers of each. Mutual funds and Unit trusts are referred to as investment funds. Mutual Fund is an investment vehicle that is made up of a pool of funds collected from many investors for the purpose of investing in securities such as bonds, stocks, money instruments and similar assets. Each shareholder or unit holder participates proportionally in the gain or loss of the fund. In my next posts, I would go into details and explain how it is managed or priced.

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