GCB Capital Limited has officially entered the collective investment market with the launch of its first product, the Golden Eagle Unit Trust.
This strategic initiative expands GCB Capital’s offerings, providing a wider array of investment opportunities for individual and institutional investors seeking long-term wealth creation. The Golden Eagle Unit Trust boasts a diversified portfolio of onshore and offshore assets, designed to balance risk and returns.
With a minimum investment threshold of just GHS 100, the product is accessible to a broad spectrum of investors, creating an avenue for steady financial growth.
At the launch, Kofi El-Awuku, Managing Director of GCB Capital Limited, emphasized the company’s commitment to innovation and inclusivity.
“Our existing investment solutions cater to high net worth clients with a minimum of GHS 100,000, which excludes the majority of potential investors. This new retail investment vehicle allows anyone with GHS 100 to join our collective investment schemes. We aim to bring investment opportunities closer to Ghanaians, leveraging the goodwill of our parent company, GCB Bank,” he stated.
The Golden Eagle Unit Trust will provide daily assessments, offering updated market insights, daily liquidity, and seamless transactions for investors.
The initial public offering began on December 5, 2024, and will close on January 9, 2025.
“As we launch this product, we are committed to transparency which is very critical to investors. Wherever, they have invested their funds, they need to know what is going on. We will also be committed to accountability and excellence in everything we do regarding this Fund”, Socrates Afram, Board Chairman of GCB Capital said.
The Golden Eagle Unit Trust is inspired by the strength and prestige symbol of GCB’s golden eagle emblem. It offers a mix of local and international investment opportunities.
Domestic investments span government securities, corporate bonds, equities, and real estate investment trusts (REITs). On the offshore front, the portfolio includes sovereign bonds, corporate bonds, and equities.
“We have provided guidelines to ensure that investors are protected in this space. This product is also innovative which has brought out the market development side of our role. As a regulator, our dual mandate is to protect investors while fostering market development, said the Deputy Director General of Legal at the Securities and Exchange Commission, Deborah Agyemfra.
