The Fidelity Money Market Trust Fund was launched by Fidelity Security Limited (FSL), the asset management division of Fidelity Bank Ghana, to satisfy investors' ongoing short-term demands.
These include rent, tuition costs, and other urgent financial concerns.
The Money Market Fund offers the optimal way to increase wealth on the money market, making it appropriate for people, institutions, pension fund managers, groups, registered associations, profit- and non-for-profit organisations.
Edward Opare-Donkor, a Non-Executive Director of FSL, said during the unveiling of the company's newest offering: "Fidelity Securities has throughout the years proved its experience, skill, and competence in managing the money of clients to enhance their wealth. The debut of this ground-breaking Fidelity Money Market Trust is yet another excellent opportunity to help.
Akwasi Adu-Boahene, the CEO of Fidelity Securities Limited, described the many characteristics and advantages of the Fidelity Money Market Fund.
Because it was less risky and customers could be certain of specialised fund management expertise to ensure the security of their investments, he advised the fund to anyone who wanted a sustainable income.
Customers may invest in the fund at any time with no entrance or exit fees, which is one of its primary selling points. Additionally, we have provided consumers with easy ways to top off their investments across the country via mobile money, the Fidelity Mobile App, and Fidelity Agent Points," he continued.
Rev. Daniel Ogbarmey Tetteh, Director General of the Securities and Exchange Commission (SEC), pushed Fidelity to launch the Fidelity Money Market Trust. To see the success of investments as a shared responsibility among all market participants and investors.
"Fund Managers must assure adherence to all regulating requirements, while Investors must make educated judgments by posing the appropriate queries and attempting to comprehend product characteristics prior to enrolling," he stated.
He declared that the SEC was dedicated to upholding the integrity of the securities sector and the interests of investors.
company summary
The National Pensions Regulatory Authority and the SEC have granted Fidelity Securities Limited licences and regulations, and the company enjoys excellent status with all parties involved.
The main goal of the FSL is to give its clients financial independence by making well-informed investments on their behalf. FSL has been operating effectively for 15 years and counting, and has an in-depth understanding of the Ghanaian investment environment. a track record of developing sustainable investment portfolios that, over time, bring about financial stability.
The FSL oversees the management of institutional funds (such as pensions, provident funds, and endowments), collective investment plans, and personal wealth portfolios.
In order to assist its customers and local communities in developing and achieving their financial goals, the organisation is dedicated to ethics, knowledge, and innovation.
Exceptional corporate governance standards, risk management procedures, market expertise, professionalism, proactivity, and most importantly, a customer-centric culture, serve as the foundation for this dedication.
At the 2019 Ghana Accountancy and Finance Awards, Fidelity Securities was named Investment Fund Manager of the Year for the second consecutive year as well as Pension Fund Manager of the Year. An open-ended unit trust called Fidelity Money Market Trust Fund will invest mainly in Ghanaian money market assets.
The goal of the Money Market Trust is to maintain unit holders' value while increasing their liquidity to fulfil short-term ongoing demands. A minimum top-up of GH10.00 and an initial investment of GH100.00 are required for the Fidelity Fixed Money Trust Fund.
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