Some dignitaries at the SAS Fortune Fund Annual General Meeting
For the past 13 years, the SAS Fortune Fund has grown steadily and offered clients very returns on their investment.
The objective of SAS Fortune Fund is to achieve long-term capital growth for its shareholders, by investing a greater portion of its assets in companies with strong fundamentals, strong growth trends and strong income generation potential.
In line with the investment objective, the Fund Manager maintained a healthy, diversified portfolio and also intensified risk management practices in all areas of the fund management activities.
In 2017, the Fund’s AUM more than doubled with a growth of 106% as compared to 14.30% in 2016. The Fund performed impressively by returning 43.16% Year-To-Date to shareholders thus outperforming the average return of all Equity Mutual Funds in the Country. The Fund has started on a good note by posting a return of 19.77% at the end of first quarter 2018, placing it among the top three Equity Mutual Funds in the industry.
The SAS Fortune Fund portfolio is well diversified, with majority of its securities held in high performing stocks listed on the Ghana Stock Exchange.
