GLICO Capital, one of Ghana's leading financial services providers, is proud to announce the official launch of the GLICO Fixed Income Fund (GFIF). This innovative investment vehicle is set to redefine the landscape of fixed-income investments in Ghana, offering individuals and institutions a secure and accessible way to grow their wealth.

Introducing the GLICO Fixed Income Fund

The GFIF is an open-ended mutual fund meticulously designed to focus on highly liquid assets, including government bonds, corporate bonds, and other fixed-income securities. The fund's primary objective is to provide investors with stability, security, and attractive returns, making it an ideal choice for those seeking a balanced and reliable investment option.

With an initial offering of 400,000 shares at a price of GH¢ 0.50 per share and a minimum investment of 100 shares (GHS 50), the GFIF offers an accessible entry point for both seasoned and first-time investors. This affordability ensures that a wide range of investors can benefit from the growth potential of this well-structured fund.

A Milestone Event

The launch event, held at Dufie Hall on April 24th, 2024, was a significant milestone for GLICO Capital. The ceremony brought together industry leaders, investors, and stakeholders to celebrate the introduction of this groundbreaking fund.

During his keynote address, Mr. Anthony Boadu, Managing Director of GLICO Capital, expressed his enthusiasm for the new fund. He stated, "The GLICO Fixed Income Fund represents a new era of investment excellence for GLICO Capital. We are thrilled to introduce this innovative fund, which underscores our commitment to providing accessible and valuable investment opportunities for our clients. With its focus on stability and security, we believe the GFIF will empower investors to achieve their financial goals with confidence."

Regulatory Endorsement

The launch of the GFIF has also received strong support from the regulatory authorities. Mrs. Deborah Mawuse Agyemfra, Deputy Director General of the Securities and Exchange Commission, shared her thoughts on the fund's impact: "We commend GLICO Capital for the launch of the GLICO Fixed Income Fund, which adds diversity and depth to Ghana's investment landscape. As the regulator, we are pleased to see innovative investment products like the GFIF enter the market, offering investors greater choice and opportunity."

Why Invest in the GFIF?

The GLICO Fixed Income Fund stands out in the market due to its conservative investment approach and focus on liquidity. This ensures that investors can access their funds when needed while enjoying the stability that comes with investing in fixed-income securities. The fund is managed by GLICO Capital’s team of experienced professionals who bring deep technical knowledge and a track record of success in wealth management.

The GFIF is also a testament to GLICO Capital's commitment to innovation and excellence, reinforcing its position as a leader in the financial services sector in Ghana.

Get Involved

The GLICO Fixed Income Fund is now open for subscription during the Initial Public Offering (IPO) period. This is a unique opportunity to invest in a fund that promises to deliver both stability and growth. Whether you are a seasoned investor or just starting, the GFIF offers a reliable way to build and secure your financial future.

The launch of the GLICO Fixed Income Fund marks a significant step forward for GLICO Capital and the broader Ghanaian investment community. With a focus on stability, security, and attractive returns, the GFIF is poised to become a cornerstone in the portfolios of investors seeking long-term financial growth.

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