All you need to know about Crystal Entrepreneur Fund and Crystal Wealth Fund

The Mutual Funds: Crystal Entrepreneur Fund (EFund) and Crystal Wealth Fund (W-Fund) were launched at an Initial Public Offering (IPO) at on February 21 at the Atrium of the World Trade Center (WTC), Accra.

Chief Executive Officer (C.E.O.) of Crystal Capital, Mr. Martin Ofori explained that: “It is our mission to be the right investment partner to all our clients and strategic partners. We have therefore innovatively designed the Entrepreneur Fund and Wealth Fund to give investors flexibility and real value on their investments. Investors will also enjoy our ingenious value-add services, including complimentary advisory sessions for asset owners and users.”

ENTREPRENEUR FUND

The Entrepreneur Fund (eFund) is especially designed for entrepreneurs and young people with entrepreneurial ambition as well as organisations that support entrepreneurial initiatives. It invests in a balanced portfolio of Treasury Bills, listed equities (companies listed on Ghana Stock Exchange) and other regulated financial instruments that provide very good yield to help achieve the capital required for entrepreneurial initiatives. The Crystal eFund is offering for subscription, 500,000 shares of no par value at GH¢ 0.20p each. During the Initial Public Offer (I.P.O), the minimum purchase of shares will be GH¢ 100 and thereafter, investors can invest with as little incremental amount as GH¢ 2o afterwards. Investors can open or top up their EFund accounts at any uniBank branch or at our office on the Spintex road.

Features of the Crystal eFund

Minimum holding period of four years Entitlement to dividend
Voting Rights
Annual General Meetings

Investors’ interest in the Fund will be shares which will have same and equal rights.

Benefits