GSE Trading Results - Aug 13, 2018
Stock: AADS - 0.48 0 Vol. Traded: 0
Stock: ACCESS - 3.5 -0.48 Vol. Traded: 200
Stock: ACI - 0.01 0 Vol. Traded: 0
Stock: ADB - 5.95 0 Vol. Traded: 100
Stock: AGA - 37 0 Vol. Traded: 0
Stock: ALW - 0.09 0 Vol. Traded: 0
Stock: AYRTN - 0.08 0 Vol. Traded: 0
Stock: BOPP - 7.24 0 Vol. Traded: 0
Stock: CAL - 1.23 0 Vol. Traded: 3400
Stock: CLYD - 0.03 0 Vol. Traded: 0
Stock: CMLT - 0.15 0 Vol. Traded: 0
Stock: CPC - 0.02 0 Vol. Traded: 0
Stock: DIGICUT - 0.09 0 Vol. Traded: 0
Stock: EGH - 8.3 0 Vol. Traded: 100
Stock: EGL - 3.1 0 Vol. Traded: 0
Stock: ETI - 0.23 -0.02 Vol. Traded: 36100
Stock: FML - 13.76 0 Vol. Traded: 1100
Stock: GCB - 5.17 0 Vol. Traded: 10700
Stock: GGBL - 2.5 0 Vol. Traded: 0
Stock: GLD - 38.8 0 Vol. Traded: 0
Stock: GOIL - 3.3 -0.37 Vol. Traded: 9000
Stock: GSR - 1.9 0 Vol. Traded: 0
Stock: HORDS - 0.1 0 Vol. Traded: 0
Stock: IIL - 0.09 0 Vol. Traded: 0
Stock: MAC - 5.98 0 Vol. Traded: 0
Stock: MLC - 0.1 0 Vol. Traded: 0
Stock: MMH - 0.11 0 Vol. Traded: 0
Stock: PBC - 0.03 0 Vol. Traded: 0
Stock: PKL - 0.05 0 Vol. Traded: 0
Stock: PZC - 0.5 0 Vol. Traded: 0
Stock: RBGH - 1.48 0 Vol. Traded: 0
Stock: SAMBA - 0.65 0 Vol. Traded: 0
Stock: SCB - 26 0.03 Vol. Traded: 200
Stock: SCB PREF - 1.15 0 Vol. Traded: 0
Stock: SIC - 0.24 0 Vol. Traded: 600
Stock: SOGEGH - 1.23 0 Vol. Traded: 429800
Stock: SPL - 0.01 0 Vol. Traded: 0
Stock: SWL - 0.05 0 Vol. Traded: 0
Stock: TBL - 0.3 0 Vol. Traded: 0
Stock: TLW - 12 0 Vol. Traded: 0
Stock: TOTAL - 4.32 0 Vol. Traded: 16100
Stock: UNIL - 17.82 0 Vol. Traded: 0
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Aug 19
Databank EdIFund Print E-mail

 

About EdIFund

With the cost of quality education increasing at a higher rate than most people’s income, it gets a little harder each year to pay the bills and still have enough money to set aside for your child’s future education. So how do you give your child the quality education you desire for them, without being stressed on a daily basis? Databank Educational Investment Fund (EdIFund) offers you the solution.

EdIFund is a mutual fund created to help people invest towards financing their educational needs. EdIFund’s innovative two-tier structure offers you the complete package when saving for education: A short-term investment component (Tier 1) for current and recurring educational needs, a long-term investment component (Tier 2) for future educational needs, and a built-in Life and Total Permanent Disability insurance cover to protect your investment in the event of tragedy.

Tier 1 seeks to achieve its objective by investing up to 30% in equities in Ghana and other parts of Africa, and between 70% to 100% in fixed-income products.

Tier 2 seeks to achieve its objective by investing up to 60% in equities in Ghana and other parts of Africa, and between 40% to 60% of its resources in fixed-income products.

EdIFund seeks to provide you with the peace of mind that comes with knowing your education needs are being take care of. Take control of your education. Invest wisely. Invest in EdIFund.


Fund details

TIER 1

Asset allocation: Equity: 30% Fixed Income: 70%

Fund Type: Balanced Fund

Front Load Charge: 0.75% on every deposit

Recommended holding period: At least 3 months

Minimum investment (lump sum): GHC 200

Minimum monthly contribution: GHC 20

TIER 2

Asset allocation: Equity: 40% Fixed Income: 60%

Fund Type: Balanced Fund

Exit Load Charge: 5% (Year 1), 4% (Year 2), 3% (Year 3), 2% (Year 4), 1% (Year 5)

Recommended holding period: At least 5 years

Minimum investment (lump sum): GHC 200

Minimum monthly contribution: GHC 20

Insurance Benefit:

Match up to GHC 20,000 in the event of death or total permanent disability.

(Terms & Conditions apply. See Q&A)

Award received:

***Advertising Campaign of the Year – Gold Winner (Ghana Investment Awards)