About Anidaso
Mutual Fund (AMF)

The Anidaso Mutual Fund (AMF) is a medium to long-term investment product that seeks to preserve and grow your money. The Fund, which was incorporated on August 22nd, 2004 as a limited liability company, also aims at providing liquidity.
Anidaso Mutual Fund is open ended and licensed by the Securities and Exchange Commission (SEC). It is managed by New Generation Investment Services (NGIS) Limited, a leading investment banking firm licensed by the Securities and Exchange Commission and the National Pensions Regulatory Authority (NPRA). The regulator ensures that the Fund Manager operates strictly under the regulations setting up Collective Investment Schemes (CIS).
Standard Chartered Bank, a renowned name in global securities operations, is the custodian of the Fund, ensuring that best international practices are adhered to in the administration of the Fund.

How AMF Operates

Funds are mobilized from investors, who become shareholders, into a large pool. The funds are then invested on behalf of shareholders in high quality fixed income and equity instruments (stocks).
Funds are invested mainly in fixed income and equity instruments based on an established investment policy.

• The Fixed Income instruments include Government and Corporate debt securities, Commercial Papers, Certicates of Deposit, Fixed Deposits, Call placements, etc.
• The equity investments include shares of companies listed on the Ghana Stock Exchange (GSE) and on other regulated stock markets.
• Investment decisions of the Fund are research driven and supported by NGIS' research team.

One makes a capital gain (loss) depending on the upward (downward) movement of the share price from the purchase price.
To determine the returns made on your investment, subtract the price at which you make redemption from the purchase price.
Assuming you buy 100 Anidaso shares at GH¢0.20 per share today (GH¢0.20 *100 = GH¢20), and you redeem (sell) some time later when the price has increased to GH¢0.30 per share. You will receive GH¢0.30*100 = GH¢30.00. Your return is GH¢30 - GH¢20 which is GH¢ 10.00. That translates into a percentage gain of 50% on your investment.

The Fund is most appropriate for investors seeking at least 3 years horizon since the Fund's investments are largely in medium to long term assets. An investor may however redeem at any time. The regulations establishing the fund stipulates that a commission of between 1% to 3% is charged on redemptions made before 3 years.

Requirements For
AMF Account Opening

To open an account, one needs;

• A valid ID card
• 1 Passport size picture
• A completed Anidaso Mutual Fund application form, click here to download (available at the offices of New Generation Investment Services and online at www.ngis-group.com)

Redeeming Or
Exiting AMF

• Complete a withdrawal form and submit by hand, fax, post or mail to New Generation Investment Services Ltd.
• Redeemed shares will be bought by the Fund at the prevailing price.
• Payments are made by cheque or transferred to client's account within a maximum of 5 working days.