Phone : +233 50-131-9120 / +233 50-131-9129 / +233 50-131-9126.
Address:   C625/3 Fourth Crescent Road, Asylum Down. Accra.
Email :   info@gcfmghana.com.

Share Price @  Fri Nov 16 2018 :

Volume Traded:


Fund Management

Gold Coast Fund Management is a full-service investment bank in Ghana.

We provide individuals and corporate clients with short and long-term investment opportunities

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Brokerage

Gold Coast Brokerage is a licensed brokerage firm offering stock brokerage, investment advisory and Treasury management services.

We are licensed by the Securities and Exchange Commission

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Treasury Bills Interest Rate

Period Latest Stop Rate (%) Previous Stop Rate (%)
91-day 13.3264 13.3251
182-day 13.8656 13.8518
1-year 0.0000 0.0000
2-year 0.0000 0.0000

Gold Fund

Current
Previous
Bid Price0.44140.4412
YTD19.16%19.12%



GM's Message

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Hello and welcome to Gold Coast, we are an investment-banking firm, specialized in Fund Management, Capital and Money Market, Asset Management, Equity Market Research, Pension Advisory, Brokerage Services in the financial markets in Ghana. Gold Coast has consistently created wealth for cherished clients over the past 23 years and currently has the largest funds under management in Ghana. Gold Coast has won the Best Fund Manager of the Year from the Ghana Investments Awards for 2013 and 2014 and the Best Investment advisor for 2011 and 2015, this attest to the wealth of experience and professionalism with which these funds are managed. At Gold Coast your money never sleeps, your funds are invested with discipline and our goal is to help you maximize wealth in the short term, medium term and long term. You can be rest assured that your funds are secured. Gold Coast is a member of Groupe Nduom, a family business group of Ghanaian and American origin with over 50 companies in Ghana, Liberia, America and other parts of the world.It is one of the companies within the financial services group of Groupe Nduom offering a one-stop shop in Investments, Banking, Insurance, Pensions and Re-insurance.

At Gold Coast we offer investment advice worth its weight in Gold....!!!
GSE-CI
GSE-FSI
Prev. Level 27/08/20182943.592735.01
Current Level 28/08/20182926.282723.71
Changes17.31011.300
YTD Changes13.43% 17.88%
Currency
Buying(GH¢)
Selling(GH¢)
USD4.71734.7219
GPB6.07826.0846
CHF4.83404.8371
AUD3.46403.4689
CAD3.64993.6533
DKK0.74060.7410
JPY0.04250.0425
EUR5.52325.5260
CFA118.7000118.7600
NGN64.690064.7500

Commodities

Index Unit Current Price Prev Price Change (%)
Oil Brent Crude USD/bbl 74.30 75.55 -1.65%
Gold USD/t oz 1266.69 1270.56 -0.30%
Cocoa USD/MT 2506.00 2514.00 -0.32%
Coffee USD/lb 117.05 129.36 0.09%
Sugar USD/lb 12.32 11.66 -0.73%

Gold Money Market Fund

Current Previous
Bid Price0.42330.4228
YTD12.97%12.83%
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Our Awards

Investment Advisor / Fund Manager of the year from 2011 till date.

See all our awards

Gold Money Market Fund (GMMF)

Gold Money Market Fund is a collective investment scheme which pools people’s money to participate in a wider range of investments than would be possible for most individual investors, sharing the costs and benefits of doing so. Members of this fund buy units at the market price, and the value changes based on value of the diversified underlying assets of the Fund (high-yielding, short-term instruments or credit such as Treasury Bills, certificates of deposits, and short-term secured commercial paper). The ideal customer for the Gold Money Market Fund is a risk averse investor who is seeking relatively high investment yields. These types of clients are attracted by the potential for short term investment growth as compared to long term securities such as stocks. Investors are attracted by short term financial instruments such as T-Bills.

Objective: To provide income growth and preservation of capital for Unit holders through investment in money market instruments.

Investment Strategy:20% invested in Corporate Bonds, 40% in Certificates of Deposits/Fixed Deposits, 15% in Bankers’ Acceptances, 15% Repurchase Agreements (which may be seen as secured obligation by the Fund), 20% in Ghana Government and its agencies debt instruments and 15% in Bank and Cash. These proportions may vary in accordance to prevailing market conditions.

Restrictions:
The Gold Money Market Fund shall not:
1. Invest more than 25% of its total net assets in securities of issuers in any single industry.

2. Invest more than 10% of its total assets in securities of any single issuer except for the Ghana Government, its agencies or instruments.

3. Borrow more than 10% of the total net assets of the Fund at the time of borrowing and only for liquidity purposes.

4. Invest more than 10% of the total net asset value of the Fund in schemes managed by the Manager.

5. Except with prior approval of the Securities Exchange Commission, enter into hedging transactions.

6. Purchase real estate, nor acquire any options, rights or interest in respect thereof provided that the Fund may invest in securities secured by real estate or in securities of companies investing in real estate.

Minimum Investment : Minimum Initial Subscription is 500 Shares and in lots of 100 shares thereafter. (Minimum Amount is GHS 50.00)
Withdrawal :Investors complete a redemption/withdrawal form for the shares to be sold at prevailing market price.