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AIM MULTI-ASSET TRUST
Name and Nature of the Fund
AIM Multi-Asset Trust (formerly known as McOttley Unit Trust) is an open-ended Unit Trust that seeks to achieve growth in income and capital. The Fund also aims at providing liquidity and conserving principal.
The principal objective of the Trust is to generate long term growth by investing in a mix of equities and fixed income instruments.
Fund Type: Open-ended
Fund Category: Balanced Fund
Inception Date: February, 2014
Fund Manager: Ashfield Investment Managers Limited (“Ashfield” or “AIM”)
Place of Business: 18 Noi Fetreke Street, West Airport
Management Fees: 2.50% of the Net Asset Value of the Fund
Trustee Fee: 0.65% of the Net Asset Value of the Fund
Minimum Deposit: GHS 20.00
Investment Policy and Strategy
The Trust is authorized to invest in equities trading on the Ghana Stock Exchange and other regulated exchanges across the world. The scheme is also authorized to invest in fixed income securities such as bills, repos, bonds, notes and fixed deposits from sovereigns and corporates.
The scheme is also authorized to investment in unlisted fixed income and equity instruments.
AIM Multi-Asset Trust’s risk-adjusted performance benefits from combining multiple sources of investment insights within a disciplined risk management framework.
The Fund is targeted at both resident and non-resident investors with passive income and aggressive investment risk appetite whose investment objectives align with the Fund’s strategy.
Permissible Investment /Asset Allocation
The Trust is permitted to invest in fixed income securities, and equities.
The fixed income instruments include:
The equity securities comprises:
|Asset Class||Target Allocation||Range|
Fixed Income Asset Class
Equity Assets Class
Limitations on Redemption
A Unitholder cannot redeem units in an amount that will leave the holder with less than 200 units. However, a Unitholder is entitled to redeem all or, part of their holdings.
Income/Dividend Distribution Policy
The Trust will not distribute investment income either in the form of cash or units to registered unitholders. All investment income is reinvested in the Trust. Registered Unitholders who wish to withdraw their earnings will have to either sell a part or, all their units.
Front and Exit Load Fees
|·||Redemption fee within 1 year||2.50%|
|·||Redemption fee within 2 years||2.00%|
|·||Redemption fee within 3 years||1.00%|
|·||Redemption fee after 3 years||None|
Limitations on Investment
The Trust is subjected to certain investment limitations and portfolio diversification requirements. The Trust may not:
Investing in equities and fixed income securities come with risks. The points below are a few of the reasons the value of the Trust’s assets may be adversely affected:
Other Parties to the Fund and their Addresses
Auditor: AssuranceHub Consult
Address: House No. 704/1462, Forest Avenue, George Bush Motorway
Trustee: Universal Merchant Bank (Ghana) Limited
Address: 57, Examination Loop North Ridge, Accra
P.O. Box GP 401 Accra, Ghana
Bankers: Universal Merchant Bank (Ghana) Limited
SSNIT Emporium, Liberation Road, Airport City, Accra. P.O. Box GP 401 Accra, Ghana
Ashfield Investment Managers (AIM) AIM is an integrated Asset Management firm offering innovative and expert-level investment management services to corporates, individual high-net-worth and retail clients, Sovereign and Government agencies, and Development Finance Institutions (DFI’s) across Africa
The Investment House
16 Noi Fetreke Street
Airport West, Accra
T: +233 553 051 313
E: [email protected]
A: P. O. Box 14001, Accra
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