SEM All-Africa Equity Fund

The Fund The SEM All-Africa Equity Fund, an open-end mutual fund, was established on 25th day of March 2015 with an unlimited duration The Fund will invest across equity markets in Africa.
Initial Minimum Purchase 200 shares and thereafter in multiples of 100 shares after the IPO
Investment Objective and Policy The investment objective of the scheme is to provide steady long-term capital appreciation and dividend distribution through investments in a regionally diversified portfolio of listed equities and equity-related instruments. The fund will invest across markets in Africa in order to achieve optimal diversification with minimal volatility.
The Custodian Stanbic Bank Ghana Ltd.
The Fund Manager SEM Capital Advisors Limited, an SEC-Licensed Investment Advisor
Regular Investment Purchases The minimum investment value is set at GH¢50.
Dividends and Distribution No dividends shall be paid out to investors. All net investment income and realized capital gains, if any, will be reinvested. Any investor who wishes to cash out his/her investment may redeem their shares as permitted by the Fund.
Redemption Shares of the Fund can be redeemed by applying in person at the offices of the Manager or in writing to the Manager on every business day except on public and statutory holidays.
Base Currency The base currency of the Fund is the Ghana Cedi.
Risk Factors The Fund is a newly organized Fund that will invest in African listed equity and equity-related instruments. Investments of the Fund will be subject to normal market fluctuations. Investments in securities carry certain risks associated with greater economic uncertainty, small size of markets and greater price volatility.
Prospectus Download SEM All-Africa Equity Fund Prospectus