Ark Fund

Ghana Stock Exchange



Databank Ark Fund (ArkFund) is Ghana’s first and only ethical mutual fund. With a large emotional component, ethical investors let their concern and respect for wider social and environmental issues drive their investment decisions. Such investors are aware of the effects of socially irresponsible companies and choose to make a stand for change. By accommodating a wide range of investors with varying values, ArkFund does not invest in companies that damage the environment, manufacture or sell arms or alcohol, exploit animals or people or promote gambling, to name a few.
ArkFund mobilizes funds from investors (shareholders) and invests in high quality equities as well as fixed-income securities, and seeks to provide you with the opportunity to make an impact on society while achieving capital growth.

1. Strong ArkFund: presents the following bouquet of values to protect your interests as an investor:

  • Prosperity: ArkFund believes that no matter how you define prosperity (i.e., wealth, well-being, peace of mind), our investment decisions should help you get there.
  • Sustainability: ArkFund believes in making investment decisions that promote sustainability – sustainability in wealth creation, sustainability of the environment, sustainability of your investments.
  • Environmental sensitivity: ArkFund believes in bringing awareness and action to environmental issues to effect a positive change.
  • Social responsibility: ArkFund believes in being socially responsible and giving back to society to make animpact.
  • Safety: ArkFund believes in taking a balanced approach to managing your investments so that your capital is protected ensuring your investment is always safe.

2. Proven Fund Management Expertise: Like all Databank investments, ArkFund is backed by Databank’s 20 plus years of experience in successfully managing funds. Investors can hence trust that their funds are being strategically managed to give them the best returns over time.

3. Peace of Mind: Investing in ArkFund offers you peace of mind as investors so you can rest easy knowing your funds are being invested in companies whose activities they adhere to.

Investing in ArkFund is easy. To get started, please visit any Databank branch or partner location and provide the following documentation:

Documents required

      • A completed mutual fund application form (available at any of our branch offices or at the downloads section of Databank’s website)
      • Amount of money to be invested
      • Valid photo ID (e.g., Passport, Driver’s license, NHIS card)
      • 2 passport size photographs
      • Proof of address (e.g., electricity bill, water bill)

    Invest in ArkFund and make money while you make a difference.

    Download Application Form
    Download Indemnity form

    Online Account Opening

1. What is Databank Ark Fund (ArkFund)?
Databank Ark Fund (ArkFund) is a conservative long-term mutual fund that seeks to achieve capital growth and income by integrating social, ethical and environmental considerations in the investment process.

2. Why should I invest in Databank Ark Fund?
Ethical investment alternative. Gives you the opportunity to align your ethical considerations with your investments
Low risk profile. Offers you a lower risk profile as 70% of the Fund is invested in fixed-income investments and 30% in equity investments
Proven fund management expertise. ArkFund is managed by Databank Asset Management Limited (DAMSEL). DAMSEL has been successfully managing investments and creating wealth for Ghanaians for the last two decades

3. What can I use an ArkFund investment for?
To cater for your long-term financial needs such as a home purchase/mortgage, retirement, etc. Charities, foundations and firms can also deploy ArkFund as a vehicle for meeting corporate social responsibility.

4. How does ArkFund work?
ArkFund pools funds from its shareholders and invests mainly in fixed-income and equity securities. The fixed-income instruments include Commercial Papers, Bankers Acceptances, Certificates of Deposit and Government debt obligations. The equity investments are shares of companies listed on the Ghana Stock Exchange and other regulated stock markets in Africa. The Fund does not invest in companies which produce alcohol or tobacco, manufacture and sell arms and ammunition, engage in the exploitation of animals and gambling, and whose activities negatively impact the environment.

5. What’s the minimum investment amount I can start with?
The minimum initial investment required to open an ArkFund account is GHC 50. We recommend that you follow a consistent investment plan to grow your money significantly. You can adopt a minimum monthly contribution of GHC 10 into your ArkFund account.

6. Can I decide where my money should to be invested?
No, the Fund manager is responsible for the portfolio construction and management. Shareholders are allotted with shares of ArkFund and thus do not have direct ownership of the underlying assets/investments of the Fund.

7. Can I access the funds in my investment anytime I need money?
Yes. While you can access your funds anytime, it is recommended that you allow your contributions to remain in the Fund for at least 4 years. This is to ensure that you realize maximum potential gains from your investment.

8. What returns do I make as an investor in ArkFund?
Returns in ArkFund are realized from changes in the Fund’s price (relative to the price at which you purchased it). For example, if you bought a share at GHC 0.15 and the current price is GHC 0.25, then the return on that share is GHC 0.25 – GHC 0.15 = GHC 0.10 (which translates to a return of 66.7%). All interest earned by the Fund’s investments is reinvested.

9. How old do I need to be to invest in ArkFund?
Investors must be 18 years or older. Anyone below that age will require a parent or guardian to open the account in trust for him or her. The parent or guardian will need to provide a valid ID of the ward (e.g., birth certificate, passport, NHIS card) along with the requirements mentioned below in question 10.

10. What do I need to sign up for ArkFund?
To sign up for ArkFund, you will be required to provide the following:

  • A valid photo ID (e.g., Passport, Driver’s license, NHIS card)
  • 2 passport size photographs
  • A copy of your utility bill
  • A completed mutual fund application form (available at any of our branch offices or at www.databankgroup.com)
  • The amount of money to be invested

11. Can I invest in ArkFund using an existing account?
Yes. You can maintain all your mutual fund investments in one Databank investment account. Simply provide the Databank Relationship Manager with your account number when you come in to invest in ArkFund.

Asset allocationEquity: 30% Fixed Income: 70%
Fund typeBalanced Fund
Front load charge1% on every deposit
Recommended holding periodAt least 4 years
Minimum investment (lump sum)GHC 50
Minimum monthly contribution: GHC 10
+ Why Invest in ARKFUND

1. Strong ArkFund: presents the following bouquet of values to protect your interests as an investor:

  • Prosperity: ArkFund believes that no matter how you define prosperity (i.e., wealth, well-being, peace of mind), our investment decisions should help you get there.
  • Sustainability: ArkFund believes in making investment decisions that promote sustainability – sustainability in wealth creation, sustainability of the environment, sustainability of your investments.
  • Environmental sensitivity: ArkFund believes in bringing awareness and action to environmental issues to effect a positive change.
  • Social responsibility: ArkFund believes in being socially responsible and giving back to society to make animpact.
  • Safety: ArkFund believes in taking a balanced approach to managing your investments so that your capital is protected ensuring your investment is always safe.

2. Proven Fund Management Expertise: Like all Databank investments, ArkFund is backed by Databank’s 20 plus years of experience in successfully managing funds. Investors can hence trust that their funds are being strategically managed to give them the best returns over time.

3. Peace of Mind: Investing in ArkFund offers you peace of mind as investors so you can rest easy knowing your funds are being invested in companies whose activities they adhere to.

+ Getting Started

Investing in ArkFund is easy. To get started, please visit any Databank branch or partner location and provide the following documentation:

Documents required

      • A completed mutual fund application form (available at any of our branch offices or at the downloads section of Databank’s website)
      • Amount of money to be invested
      • Valid photo ID (e.g., Passport, Driver’s license, NHIS card)
      • 2 passport size photographs
      • Proof of address (e.g., electricity bill, water bill)

    Invest in ArkFund and make money while you make a difference.

    Download Application Form
    Download Indemnity form

    Online Account Opening

+ F.A.Q

1. What is Databank Ark Fund (ArkFund)?
Databank Ark Fund (ArkFund) is a conservative long-term mutual fund that seeks to achieve capital growth and income by integrating social, ethical and environmental considerations in the investment process.

2. Why should I invest in Databank Ark Fund?
Ethical investment alternative. Gives you the opportunity to align your ethical considerations with your investments
Low risk profile. Offers you a lower risk profile as 70% of the Fund is invested in fixed-income investments and 30% in equity investments
Proven fund management expertise. ArkFund is managed by Databank Asset Management Limited (DAMSEL). DAMSEL has been successfully managing investments and creating wealth for Ghanaians for the last two decades

3. What can I use an ArkFund investment for?
To cater for your long-term financial needs such as a home purchase/mortgage, retirement, etc. Charities, foundations and firms can also deploy ArkFund as a vehicle for meeting corporate social responsibility.

4. How does ArkFund work?
ArkFund pools funds from its shareholders and invests mainly in fixed-income and equity securities. The fixed-income instruments include Commercial Papers, Bankers Acceptances, Certificates of Deposit and Government debt obligations. The equity investments are shares of companies listed on the Ghana Stock Exchange and other regulated stock markets in Africa. The Fund does not invest in companies which produce alcohol or tobacco, manufacture and sell arms and ammunition, engage in the exploitation of animals and gambling, and whose activities negatively impact the environment.

5. What’s the minimum investment amount I can start with?
The minimum initial investment required to open an ArkFund account is GHC 50. We recommend that you follow a consistent investment plan to grow your money significantly. You can adopt a minimum monthly contribution of GHC 10 into your ArkFund account.

6. Can I decide where my money should to be invested?
No, the Fund manager is responsible for the portfolio construction and management. Shareholders are allotted with shares of ArkFund and thus do not have direct ownership of the underlying assets/investments of the Fund.

7. Can I access the funds in my investment anytime I need money?
Yes. While you can access your funds anytime, it is recommended that you allow your contributions to remain in the Fund for at least 4 years. This is to ensure that you realize maximum potential gains from your investment.

8. What returns do I make as an investor in ArkFund?
Returns in ArkFund are realized from changes in the Fund’s price (relative to the price at which you purchased it). For example, if you bought a share at GHC 0.15 and the current price is GHC 0.25, then the return on that share is GHC 0.25 – GHC 0.15 = GHC 0.10 (which translates to a return of 66.7%). All interest earned by the Fund’s investments is reinvested.

9. How old do I need to be to invest in ArkFund?
Investors must be 18 years or older. Anyone below that age will require a parent or guardian to open the account in trust for him or her. The parent or guardian will need to provide a valid ID of the ward (e.g., birth certificate, passport, NHIS card) along with the requirements mentioned below in question 10.

10. What do I need to sign up for ArkFund?
To sign up for ArkFund, you will be required to provide the following:

  • A valid photo ID (e.g., Passport, Driver’s license, NHIS card)
  • 2 passport size photographs
  • A copy of your utility bill
  • A completed mutual fund application form (available at any of our branch offices or at www.databankgroup.com)
  • The amount of money to be invested

11. Can I invest in ArkFund using an existing account?
Yes. You can maintain all your mutual fund investments in one Databank investment account. Simply provide the Databank Relationship Manager with your account number when you come in to invest in ArkFund.

+ Fund Details
Asset allocationEquity: 30% Fixed Income: 70%
Fund typeBalanced Fund
Front load charge1% on every deposit
Recommended holding periodAt least 4 years
Minimum investment (lump sum)GHC 50
Minimum monthly contribution: GHC 10
Databank Financial Services Limited