Balanced Growth is a type of open-ended mutual fund, designed to provide long-term capital appreciation through a diversified portfolio of investments. It typically invests in a mix of stocks, bonds, and potentially real estate investment trusts (REITs).
Your Balanced Growth contributions are invested in the Plus Balanced Fund – an open-ended mutual fund managed by Blackstar Advisors (“The Fund Manager”) and held with the Stanbic Bank for safe keeping.
To ensure successful investing, you need to develop saving habits that ensure consistency in investments and strategy – thus you need to stay the course. To ensure that you do not change course during your investment horizon, you need to have rock-solid belief in the investment strategy of your investment manager. You can achieve this by following the simple steps below;
- Understand the strategy of your investment manager;
- Understand the opportunities that exist for that strategy;
- Ensure that the Fund Manager has the necessary expertise to successfully implement the strategy;
- Ensure that your objectives are aligned with the objective of the investment vehicle;
- Start saving, save consistently and stay the course.
Download the Achieve app for Android or iOS and subscribe to Balanced Growth.
Why invest in Balanced Growth?
Returns
The fund is designed to deliver competitive, long-term returns that reflect the inherent risk of a diversified investment strategy.
Market-Adaptive: The fund makes you benefit from the potential for substantial gains as the fund adjusts to evolving market conditions
Liquidity
Enjoy the flexibility of accessing funds within 5 working days after initiating withdrawals.
Investments
Diverse and Strategic: Investments have a good mix of government and corporate bonds, treasury bills, cash equivalents, equities, asset-backed securities, and REITs.
Global Reach: The fund maximizes returns with exposure to dollar-denominated assets, ensuring a well-rounded global investment approach.
Key Facts about the Plus Balance Fund (Your investment)
| Fund Size | GHC 81.78 Million |
| Initial Investment Amount | GHS 100.00 |
| Valuation Frequency | Daily |
| Entry Fees | 2.5% |
| Exit Load Fees | Yr 1 – 3%, Yr 2 – 2%, Yr 3 – 1%, 3 ≤ yrs – No fees |
| Management Fees | 2.5% per annum |
| 12-months returns | 17.01% |
| Inception Date | October, 2019 |
| Fund Type | Equities, Fixed Income Fund, Bonds and REITs |
| Currency | Ghana cedis (GHS) |
Suitability
Balanced Growth fund is a suitable for you if you’re looking out for:
- Perfect for Long-Term Growth: Ideal for investors with a horizon of 18 months or more, seeking substantial returns while managing moderate risk.
- Growth: Best for customers who are comfortable with market fluctuations and have lower liquidity needs, focusing on robust long-term gains. Diverse and Strategic: Investments
Understanding Exit Load Fees
An exit load is a fee charged when you withdraw your investment before a specified period. This fee is designed to encourage long-term investment and to compensate for the costs associated with early withdrawals.
Our Exit Load Structure:
- Withdrawal in Year 1: 3% fee
- Withdrawal in Year 2: 2% fee
- Withdrawal in Year 3: 1% fee
- After 3 Years: No exit fee
How Is the Exit Load Calculated? The exit load is calculated as a percentage of the redemption amount. eg, if you withdraw GHS 10,000 in the second year, a 2% fee (GHS 200) would be deducted, and you would receive GHS 9,800.
Understanding the exit load structure is crucial for aligning your investment horizon with your financial goals. By staying invested beyond the three-year mark, you can avoid these fees altogether and maximize your returns.
