What is the Campus Mutual Fund about? The Campus Mutual Fund (C-fund) is a medium to long-term Collective Investment Scheme established under the Securities Industry Law, which aims at encouraging the youth especially tertiary students, the teaching and non-teaching staff of the various campuses and the general public to invest in a systematic investment scheme in the form of mutual funds.
Who are the Promoters? In 2005, SDCB decided to collaborate with the Executive Investment Club (EIC), an investment club being run by a group of former students of the University of Ghana to extend their investment fund to a national scale. SDC Brokerage Services Limited is currently among the top 5 stock brokerage firms by shares trading volume and was among the first brokerage firms to be established in Ghana.
What does C-fund offer? Primarily, C-fund offers capital gains, dividends and/or income to shareholders of the Fund.
How does the Fund operate? Funds are mobilized from shareholders into a large pool and the funds invested on behalf of the shareholders. Contributions to the Fund can take the form of:
i) Regular Investment Plan (Weekly, Monthly, etc). This requires a minimum initial lump-sum contribution of GH¢10 and thereafter regular minimum contribution of GH¢5 or more on weekly or monthly basis.
ii) Initial lump-sum investment of any amount in excess of GH¢10
Who can invest in Campus Mutual Fund?Though the primary target of the fund is the entire tertiary community, the general public is not left out by virtue of its medium to long-term nature. Thus the fund is available to parents, workers, civil servants, and others who want to use the fund to build a supplementary pensions portfolio to complement the state pension scheme.
Why invest in Campus Mutual Fund? Shareholders have access to professional investment management advice, without which individuals with little or no technical know-how could not afford the advisory fee in the selection of securities for investment.
Advantages of investing in the C-fund:
- A diversified portfolio which maximize return from investing in the capital market and the money market
- Shareholders become indirect beneficiaries of high performing companies
- The ability of shareholders to convert their shareholdings to cash, through a well-defined and fair process.
- Shareholders enjoy high return in the long term
How do I make payment for buying into the Campus Fund?
- Cash and cheque payments can be made at SDC Brokerage Services Limited, Hse# D921/3, Adjacent Accra Metropolitan Assembly (AMA), Asafoatse Nettey Street, Accra.
- Cash and cheque payment could also be made into Campus Mutual Fund Account # 010-500-428-8900 at any Standard Chartered Bank Branch.
- Standing order could also be used from client's bank for monthly payments. This enables shareholders to take advantage of C-fund’s systematic and regular investment plan. Apart from Standard Chartered Bank, all other banks will charge transfer fees.
- First time investors (and also those living outside Accra) who intend to invest, should download and fill up an application form available on our website: www.sdcgh.com which should be faxed alongside their pay-in-slips from the Standard Chartered account to the Fund Manager on +233(0) 302-669371 or via post to SDC Brokerage Services, Box GP 14198, Accra. Ghana
Who will invest My Money? SDC Brokerage Services Limited (SDCB), the Investment Advisor to the Campus Mutual Fund is responsible for investing your money. SDCB is licensed by the Securities & Exchange Commission as an Investment Advisor and a Licensed Dealing Member of the Ghana Stock Exchange.
What returns can I make as C-Fund shareholder?Capital gains/loss i.e. the upward/downward movement of the share price from the purchase price is the only return made by shareholders. E.g. If you bought a C-fund share at GH¢1 and the current price is GH¢3, then your return is GH¢3-GH¢1=GH¢2
NB: capital gains, dividends and any income accruing to the fund are considered in the determination of the fund’s pricing daily.
What are my fees?The Fund Manager shall apply 2.5% per annum as Management fee, which is charged on the whole Fund. This charge, is however, embedded in the share price.
How long must I be in the Fund? The Fund is most appropriate for investors seeking at least 3 (three) years investment horizon as the fund’s objective is long-term investment bias.
If you decide to redeem part of your investment within the first three years, a sales charge of between 1% and 3% will be deducted from the amount of money redeemed.
What can I use the Campus Fund for? Investment objectives differ from person to person. These objectives include: saving for the purchase of a house or a piece of land, providing a child's education, building seed capital for a business in future, saving for the purchase of a home or providing for a child's education or a pension for the future.
What is the Risk in Investing in Campus Mutual Fund?Every investment has a risk element. Just like any other investment, Campus Mutual Fund is prone to price depreciation resulting from inflation pressures and exchange rate risk due to the depreciation of the Cedi.
The Fund Manager, will however use its professional know-how to minimize the risk of price depreciation. It will do this by investing in high performing equities and diversifying its portfolio.
How do I get information on my Investment?
Upon receipt of monies from you, a Contract Note showing the number of Campus Mutual Fund shares bought and the purchase price will be provided to you.
You shall receive a report on the Fund’s performance every half-year and full year.
You will again be provided with Statement of Accounts showing all monies received, purchases made at various prices, total deposits, accumulated shares, value of investment and the return on investment.
Campus Fund prices shall be published in the business section of the Daily Graphic at least thrice a week.
The value of your investment is the number of shares you have in the Campus Fund multiplied by the prevailing price.
What is the proof that I have bought shares of Campus Mutual Fund? Upon receipt of your payment, a Contract Note shall be sent to you detailing the number of shares bought, price per share, the date of purchase, and the market value of your investment.
Start today, by completing a subscription form. Contact any of our investment professionals for assistance.
For more information and enquiries Contact;
The Manager of the Campus Mutual Fund
SDC Brokerage Services Ltd.
Hse D 921/3, Adjacent (A.M.A)
Asafoatse Nettey Street, Accra
P. O. Box GP 14198
Accra-Ghana
Tel: +233(0) 302 669372-5
Fax: +233(0) 302 669371
