The SEM Money Plus Fund, an open-end mutual fund, was established on the 4th day of May 2015 with an unlimited duration. 

The Fund invests in short-term money market securities issued by the Government of Ghana, other Ghanaian corporate entities and Bank of Ghana licensed banks and non-bank financial institutions.

Characteristics

Liquidity:
It is a highly liquid fund, enabling you to redeem your withdrawal in a few working days.

Convenience:
You get that advantage of earnings above the Treasury Bill rate as well as easy access to your cash.

Responsive Rates:
It may pay higher or lower rates overtime. If you expect rates to rise, keeping your money in an investment that adjusts to the markets might be appealing.

Assets Allocation:
100% Money Markets

Fund Type:
Money Market

Front Load:
None

Recommend Holding Period:
3months

Minimum investment (lump sum):
GHC50

Minimum monthly contribution:
GHC50

Risk Profile:
Low

Ecobank Ghana Ltd.

SEM Capital Advisors Limited, an SEC-licensed Investment Advisor

The minimum investment value is set at GH¢50.

No dividends shall be paid out to investors. All net investment income and realized capital gains, if any, will be reinvested. Any investor who wishes to cash out his/her investment may redeem their shares as permitted by the Fund.

Shares of the Fund can be redeemed by applying in person at the offices of the Manager or in writing to the Manager on every business day except on public and statutory holidays.

The base currency of the Fund is the Ghana Cedi.

The Fund is a newly organized Fund that will invest in short-term money market securities. Investments of the Fund will be subject to normal market fluctuations. Investments in securities carry certain risks associated with greater economic uncertainty, small size of markets and greater price volatility.