The Absa Wealth Preservation Fund prioritises capital preservation and liquidity over maximum yield. It invests in short-dated Government of Ghana instruments, Bank of Ghana bills and prime money market instruments from highly rated Ghanaian banks.
Absa Bank Ghana was established as Barclays Bank of Ghana in 1917, making it one of the longest-standing banks in Ghana. Rebranded as Absa Bank Ghana in 2020 as part of Absa Group's pan-African rebranding.
Website: absa.com.gh
| Fund Name | Absa Wealth Preservation Fund |
| Manager | Absa Capital Ghana |
| Fund Type | Money Market |
| Risk Rating | Low |
| Indicative NAV per Unit | ₵1.0000 (indicative) |
| NAV Note | Money market funds maintain a stable NAV. Returns are reflected through income accrual. |
| 1Y Return (indicative) | 22.9% |
| AUM (indicative) | ₵520M |
| Minimum Investment | ₵500 |
| Redemption Period | T+1 business day. |
| Distribution Policy | Income is accrued daily into the unit price. No periodic cash distributions. |
| Management Fee | Up to 1.50% p.a. of AUM |
| Trustee Fee | Up to 0.30% p.a. |
| Entry Load | Nil |
| Exit Load | Nil |
Fees are deducted from the fund before NAV is calculated. Actual fees may vary — confirm with the fund manager.
Regulated by SEC Ghana under Act 929. Absa Bank Ghana also licensed by the Bank of Ghana.
Fund assets are held by an independent trustee and are legally separate from the fund manager's own assets — protecting investors in the event of manager insolvency.