• Peace of mind: MFund gives you the peace of mind that comes with knowing you are covered when planning for life events – both expected and unexpected. You can turn to your MFund investment for support instead of borrowing.
• Potential for higher returns than a savings account: MFund invests in high-yielding money market securities and hence has the potential to give you higher returns compared to a savings account.
• Proven investment expertise: MFund is backed by Databank’s over 30 years of successful investment management and helping clients achieve their financial goals.

1. What is MFund?
MFund is a short-to-medium-term investment product designed to preserve your capital through investments in high-quality fixed-income, and money market securities, while simultaneously providing short-term liquidity needs

2. Why should I invest in MFund?
i. Helps investors create an emergency fund: You can turn to your MFund investment in times for your short and medium-term needs or during emergencies instead borrowing.
ii. Peace of mind: MFund gives you the peace of mind that comes with knowing your short-to medium-term needs are covered.
iii. Potential for higher returns than a savings account: MFund invests in high-yield fixed income and money market securities and hence has the potential to give you higher returns compared to a savings account.
iv. Proven investment expertise: MFund is backed by Databank’s 30-year track record of successfully managing people’s money through mutual funds, equity and fixed-income investments.

3. How does MFund work?
MFund pools funds from its shareholders and invests fixed-income instruments (Tier 1) or money market investments (Tier 2). Shareholders realize returns when the Fund’s prices increase beyond the price at which it was purchased. Interest earned by the Fund’s investments is reinvested in the Fund.

4. How much do I need to be able to invest in MFund?
The minimum (lump sum) investment that an individual can make into MFund is GHC 50. If you opt to do a regular investment plan, the minimum monthly contribution is GHC 10. As the Fund is open-ended, you can top up your investment at any point in time.

5. Can I invest in MFund 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 MFund.

6. 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 1 year for Tier 1 and 3 months for Tier 2. This is to ensure that you realize maximum potential gains from your investment.

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 1 year for Tier 1 and 3 months for Tier 2. This is to ensure that you realize maximum potential gains from your investment.

8. What returns do I make as an investor in MFund?
Returns in MFund 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 in the Fund.

9. Can I make deposits into my account through other banks?
Yes. You can top up your account at any of our partner banks (i.e., Absa, Access, CBG, Fidelity, GCB, GTBank, UBA, and Zenith). You can also deposit money through our mobile money and online service platforms.