The Databank Money Market Fund aims to provide investors with capital preservation, daily liquidity and competitive short-term returns by investing primarily in Bank of Ghana Treasury Bills, short-dated government notes, bank call deposits and other approved money market instruments.
Databank Brokerage Ltd is Ghana's oldest fund management company, founded in 1990. It pioneered the collective investment scheme industry in Ghana and manages some of the country's most widely held mutual funds.
Website: databankgroup.com
| Fund Name | Databank Money Market Fund |
| Manager | Databank Brokerage Ltd |
| Fund Type | Money Market |
| Risk Rating | Low |
| Indicative NAV per Unit | ₵1.0000 (indicative) |
| NAV Note | Money market funds typically maintain a NAV of ₵1.00 per unit. |
| 1Y Return (indicative) | 24.1% |
| AUM (indicative) | ₵980M |
| Minimum Investment | ₵100 |
| Redemption Period | Same-day or T+1 business days. |
| Distribution Policy | Income is reinvested — reflected in NAV appreciation. No periodic cash distributions. |
| Management Fee | Up to 1.50% p.a. of AUM |
| Trustee Fee | Up to 0.30% p.a. of AUM |
| Custodian Fee | Included in TER |
| Entry Load | Nil |
| Exit Load | Nil (within normal redemption terms) |
Fees are deducted from the fund before NAV is calculated. Actual fees may vary — confirm with the fund manager.
Regulated by the Securities and Exchange Commission Ghana (SEC Ghana) under the Securities Industry Act, 2016 (Act 929).
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.