• Login
NORVANREPORTS.COM |  Business News, Insurance, Taxation, Oil & Gas, Maritime News, Ghana, Africa, World
  • Home
  • News
    • General
    • Political
  • Economy
  • Business
    • Agribusiness
    • Aviation
    • Banking & Finance
    • Energy
    • Insurance
    • Manufacturing
    • Markets
    • Maritime
    • Real Estate
    • Tourism
    • Transport
  • Technology
    • Telecom
    • Cyber-security
    • Cryptocurrency
    • Tech-guide
    • Social Media
  • Features
    • Interviews
    • Opinions
  • Reports
    • Banking/Finance
    • Insurance
    • Budgets
    • GDP
    • Inflation
    • Central Bank
    • Sec/Gse
  • Lifestyle
    • Sports
    • Entertainment
    • Travel
    • Environment
    • Weather
  • NRTV
    • Audio
    • Video
No Result
View All Result
No Result
View All Result
NORVANREPORTS.COM |  Business News, Insurance, Taxation, Oil & Gas, Maritime News, Ghana, Africa, World
No Result
View All Result
Home Business Banking & Finance

Fixed Income Fund with GHS 50 minimum subscription launched by First Atlantic Asset Management

3 years ago
in Banking & Finance, highlights, Home, home-news, latest News, Markets
1 min read
0 0
0
114
VIEWS
Share on FacebookShare on TwitterShare on Linkedin

Fixed Income Fund with GHS 50 minimum subscription launched by First Atlantic Asset Management

Investment wing of First Atlantic Bank, First Atlantic Asset Management (FAAM), has launched its maiden fixed income fund aimed at helping Ghanaians maximize their short to medium term funds while preserving their capital.

Targeted at investing in a broad range of high quality money market and fixed income securities including Government of Ghana bonds, corporate bonds and bank fixed deposits, the objective of the Fund is to provide maximum current income for investors while maintaining liquidity and preserving capital by investing in a diversified portfolio of money market and fixed income instruments.

FAAM, through the Fund is seeking to raise a minimum of GHS 200,000 from the investing public during the initial public offering period from March 21, 2022 to April 11, 2022.

The minimum amount needed to invest in the Fund is GHS 50 and subsequent contributions of GHS 20 or more.

Speaking at the launch of the Fund, General Manager of FAAM, Prince Atsianu, advised the investing public to secure their financial future by investing in the Fund, assuring investors of the safety of their funds by indicating that 80% of the funds contributed will be invested in Government of Ghana securities.

Also speaking at the launch event was Director for the Fixed Income Fund, Reid Paige Wiles, who noted that the Fund is an ideal investment option for investors who wish to maximize their capital in the short to medium term.

RelatedPosts

Gov’t to Overhaul Investment Law, Create 24-Hour Economy Authority in New Bills to Parliament

Ghana, Singapore Push Cross-Border Payments and SME Ties as Mahama Hails Stabilising Economy

GoldBod Suspends Gold Buyer’s Licence Over Illegal Pricing

According to him, the Income Fund is the right investment vehicle to create more wealth for investors, adding that the Fund positions investors to achieve financial independence.

The Fund is open to individuals, companies, societies, pension funds, churches, educational institutions and provident funds.

With total assets worth GHS 300m under its management, First Atlantic Asset Management is one of the leading asset management firms in the country.

For subscription of shares in the First Atlantic Income Fund, investors are to visit any branch of First Atlantic Bank nationwide and make their initial deposit.

Source: norvanreports
Tags: First Atlantic Asset ManagementFixed income fundFixed Income Fund with GHS 50 minimum subscription launched by First Atlantic Asset Managementghana
No Result
View All Result

Highlights

JICA and AfDB Sign Agreement to Extend Enhanced Private Sector Assistance Initiative for $5.5 Billion

New Digitized Credit Plans Put Farmers First

International Syndicates Behind Oil Theft in Nigeria

Dangote Ends West Africa’s Fuel Import Dependence, Emerges Region’s Key Diesel, Jet Fuel Supplier

Parliamentary Select Committee on Lands and Natural Resources Visits AGA Iduapriem Mine

Parliamentary Select Committee Lauds Gold Fields’ Contributions During Working Visit

Trending

Business

Gov’t to Overhaul Investment Law, Create 24-Hour Economy Authority in New Bills to Parliament

August 28, 2025

Gov't to Overhaul Investment Law, Create 24-Hour Economy Authority in New Bills to Parliament The John Mahama-led...

Ghana, Singapore Push Cross-Border Payments and SME Ties as Mahama Hails Stabilising Economy

August 28, 2025

GoldBod Suspends Gold Buyer’s Licence Over Illegal Pricing

August 28, 2025

JICA and AfDB Sign Agreement to Extend Enhanced Private Sector Assistance Initiative for $5.5 Billion

August 28, 2025

New Digitized Credit Plans Put Farmers First

August 28, 2025

Who we are?

NORVANREPORTS.COM |  Business News, Insurance, Taxation, Oil & Gas, Maritime News, Ghana, Africa, World

NorvanReports is a unique data, business, and financial portal aimed at providing accurate, impartial reporting of business news on Ghana, Africa, and around the world from a truly independent reporting and analysis point of view.

© 2020 Norvanreports – credible news platform.
L: Hse #4 3rd Okle Link, Baatsonaa – Accra-Ghana T:+233-(0)26 451 1013 E: news@norvanreports.com info@norvanreports.com
All rights reserved we display professionalism at all stages of publications

No Result
View All Result
  • Home
  • Business
    • Agribusiness
    • Aviation
    • Energy
    • Insurance
    • Manufacturing
    • Real Estate
    • Maritime
    • Tourism
    • Transport
    • Banking & Finance
    • Trade
    • Markets
  • Economy
  • Reports
  • Technology
    • Cryptocurrency
    • Cyber-security
    • Social Media
    • Tech-guide
    • Telecom
  • Features
    • Interviews
    • Opinions
  • Lifestyle
    • Entertainment
    • Sports
    • Travel
    • Environment
    • Weather
  • NRTV
    • Audio
    • Video

Welcome Back!

Login to your account below

Forgotten Password?

Create New Account!

Fill the forms bellow to register

All fields are required. Log In

Retrieve your password

Please enter your username or email address to reset your password.

Log In
NORVANREPORTS.COM | Business News, Insurance, Taxation, Oil & Gas, Maritime News, Ghana, Africa, World
This website uses cookies. By continuing to use this website you are giving consent to cookies being used. Visit our Privacy and Cookie Policy.
We use cookies to ensure that we give you the best experience on our website. If you continue to use this site we will assume that you are happy with it.