Phone : +233 30-290-2068 / +233 30-221-1411 / +233 50-141-0497
Email :   info@gcfmghana.com

Share Price @  Thu Oct 19 2017 :

Volume Traded:

  • AADS 0.48, 0

    0

  • ACCESS 3.91, 0

    0

  • ACI 0.01, 0

    0

  • ADB 3.83, 0

    0

  • AGA 37, 0

    0

  • ALW 0.16, 0

    0

  • AYRTN 0.1, 0

    1000

  • BOPP 6, 0.08

    1600

  • CAL 1.05, 0

    70

  • CLYD 0.03, 0

    0

  • CMLT 0.11, 0

    0

  • CPC 0.02, 0

    0

  • EGH 7.49, 0.06

    839

  • EGL 3.97, 0

    500

  • ETI 0.18, 0

    14

  • FML 19.4, 0

    500

  • GCB 4, 0

    50

  • GGBL 1.57, 0

    0

  • GLD 38.8, 0

    0

  • GOIL 2.46, 0

    0

  • GSR 1.9, 0

    0

  • GWEB 0.01, 0

    0

  • HFC 1.38, 0

    0

  • HORDS 0.1, 0

    0

  • IIL 0.09, 0

    0

  • MAC 6, 0

    0

  • MLC 0.09, 0

    0

  • MMH 0.11, 0

    0

  • PBC 0.06, 0

    0

  • PKL 0.05, 0

    0

  • PZC 0.2, 0

    0

  • SAMBA 0.65, 0

    0

  • SCB 19.51, -0.05

    2120

  • SCBPREF 1.2, 0

    0

  • SIC 0.1, 0

    1639

  • SOGEGH 0.77, 0

    7259

  • SPL 0.03, 0

    0

  • SWL 0.05, 0

    0

  • TBL 0.35, 0

    0

  • TLW 17.69, 0

    0

  • TOTAL 2.69, 0.03

    2200

  • TRANSOL 0.03, 0

    0

  • UNIL 10.56, 0

    0

Pension & Provident Fund

This collective investment scheme is usually for a specific group of people, usually employees of a particular company or members of a certain organization. The typical Pension or Provident Fund client is a corporation or organization seeking a collective investment scheme for their employees. These types of clients are often more interested in the security than growth and usually want some say in the investment policy. Gold Coast has been managing Pension funds since 1993, and we aim to become a leading Pension Fund Manager under the National Pension Act, 2008 (Act 766).

Gold Coast can help companies take advantage of the tax benefits the law provides, and assists companies to create, register, and manage their pension funds. We have returned superior yields – over 25% per annum – for most of the funds we manage.

Our group of dedicated and knowledgeable professionals ensures that the right asset mix and risk profile is executed to ensure optimal yields. Gold Coast currently manages funds worth over GH¢150 million in both long- and short-term assets.

Product Features

  1. Inherent Diversification: many different investments makeup the Fund, reducing risk.
  2. Collective Investment: many investors make up the Fund, allowing the Fund Manager to negotiate better rates of return.
  3. Variable Returns: earnings depend on the performance of the underlying assets, which typically consists of stocks and fixed-income investments.
  4. Moderate Risk: the Fund consists of several equity investments and fixed-income investments, giving Gold Fund less risk than stocks, but more risk than T-bills.
  5. Vesting Period: employer can stipulate that funds invested on behalf of employees only become theirs after they work for a specified duration.
  6. Tax Benefit: all contributions to Pension Funds registered under the 2008 Pension Law are tax-deductible.

Product Benefits

  1. Employee Retention: If a company contributes on behalf of employees and attaches a vesting period to the contributions, employees will have an incentive to stay with the company longer.
  2. Fund Management: Professional Fund Managers can lift the burden of in-house fund management and free up resources within the company. Influence: Control of how the funds are invested can be decided in an Investment Policy Statement, giving the organization influence on the investment decisions for the Fund.
  3. Tax Benefit (Pension Funds only): The New Pension Law allows contributions up to 16.5% of a worker’s salary to be eligible for tax deduction. This applies to both employers and employees.
  4. Scheme Registration (Pension Funds only): The New Pension Law requires registration with the National Pensions Regulatory Authority. Gold Coast lifts the burden of completing the application and required documents from the organization by walking clients through the registration process with ease.

For additional info, please view this pdf Pension & Provident Fund.pdf