EM Capital launches EMTRUST Fund

EM Capital Partners Limited, a specialised investment banking firm, is giving investors the chance to meet their long-term financial goals with the launch of its EM Balanced Unit Trust.

Also known as EMTRUST, the fund is an open ended collective investment scheme that will pool funds from many investors. It will in turn channel them into a portfolio of investments consisting of a basket of high yielding shares of blue chip companies and a number of different fixed income securities.

While enabling unit holders to meet their long-term needs, the fund would also create a good level of liquidity to meet their short-term needs.

At a ceremony to announce the initial public offer for the fund, the Head of Collective Investment Scheme, Nii Nartei Nartey, explained that the fund would be managed by the company, whose sole focus is to ensure that unit holders get the highest possible returns on their investments.

'This investment will permit the small investor to earn the same yield as the big investor,' he said.

He said under normal market conditions, EMTRUST should maintain equal weightings of fixed income securities and equities. Fifty per cent of the trust's net assets would thus be invested in fixed income securities, with the remaining 50 per cent invested in equities.

Enumerating the dynamics of the fund, he said there was a high level of flexibility as unit holders could sell whenever they wanted as there was a guaranteed market.

On performance and monitoring, he explained that net asset value per share would be emailed to unit holders, allowing the investor to continually monitor the performance of his/her investment.

The offer opened from October 18 - November 7, 2013, with an initial offering of 1,000,000 units, costing GH¢0.10 per unit. The initial minimum purchase, however, is a minimum of 200 units at GH¢20.00.

EM Capital is licensed by the Securities and Exchange Commission (SEC) to operate and provide financial advisory and fund raising services to governments, multinationals and local companies.

By Jessica Acheampong/Daily Graphic/Ghana