Crystal Capital and Investments Limited (CCI), an investment banking firm, has announced the launch of two new mutual funds. The two funds: "Crystal Entrepreneur Fund (EFund) and Crystal Wealth Fund (W-Fund)" would be officially launched at an Initial Public Offering (IPO) in Accra.
A statement signed by Mr Martin Ofori, the Chief Executive Officer of Crystal Capital and copied to the Ghana News Agency in Accra on Monday said the funds would offer Ghanaians more investment opportunities.
It also offers higher returns which would enable investors to plan appropriately towards their entrepreneurial goals. The statement said: “The EFund and the Wealth Fund have been designed to serve current market needs for innovative and flexible investment products which would give investors real value.
"With markets in a near state of tumult and the fear that volatility might destroy returns in many parts of the market, running one Fund with a mandate to find value in one particular market or sliver of a market is not quite strategic.
"We have the dexterity to diversify investment funds to deliver optimum yield. At CCI, we identify value or the potential for value where others do not. We do not merely sell products and financial services,we form the right partnership with each and every client. "This is important to us to create value for our clients through ingenious value-added services like complimentary advisory sessions for asset owners and users.”
Crystal Capital and Investments Limited promised some surprises and discounts for individuals and corporations that invest in the EFund and Wealth Fund during the launch.