2 financial schemes launched to boost investment

Ghana’s growing financial services sector has been boosted with the launch of a scheme aimed at yielding high returns with minimal risk to its investors.

The MET Capital Group and MET Wealth Unit Trust Scheme was launched at the weekend into one of the new and promising financial groups.

Mr Eugene Asiama-Boadi, the Chief Executive Officer (CEO) of MET Capital Group, said since its inception, the group had built an excellent portfolio of diversified investment products ranging from fixed income scheme, collective investment scheme, and pension fund management with a vision of becoming the foremost investment banking firm.

“Against a backdrop of national economic challenges, we have had the opportunity to test our skills in preserving our shareholder value and generating solid returns for clients,” Mr Asaiamah-Boadi said.

He added that the diverse portfolio of products, among other things, had helped to build an extensive network of stakeholders in the corporate business and investment communities, by developing long standing and mutually respected relationships on which to forge a strong bond with key sectors of business and industry and surrounding communities.

“Essentially we aim at adding value whilst preserving capital by creating wealth with the customers,” Mr Asiamah-Boadi said.

In an interview with the Ghana News Agency after the launch, Mr Asiamah- Boadi said the products under the scheme could be accessed by retail and corporate investors to build their capital in a pool to undertake future transactions including housing.

The scheme, according to Mr Asiamah–Boadi, would not only target big-time businesses but also low-income earners to grow their finances for investment in whatever field they wanted.

The Wealth Scheme, which was launched under the theme: “360 Degree Wealth Creation,” would in the long term have a pool from where equities would be listed on the Ghana Stock Exchange to provide growth in investment, income and liquidity in the medium and long term.

“The Wealth Scheme as unit trust is initially offering a minimum of 1,000,000 units at 10Gp, with a minimum purchase of 200 units at GH¢20.00," Mr Asiamah-Boadi said and expressed the hope to sell out in one month.