THE NTHC HORIZON FUND..………BROCHURE

1. WHAT IS A MUTUAL FUND?

A mutual fund is simply a collection of financial instruments. It is a fund that pools the money of its investors to buy a variety of securities. An investor in a mutual fund is a shareholder who buys shares of the fund and each share represents a proportionate ownership in the funds’ underlying financial instruments.

2. WHAT IS THE NTHC HORIZON FUND?

The Horizon fund is an open-ended mutual fund scheme. After the Offer period, additional Units in the fund will be created and purchased on demand by subscribers on an on-going basis at a price computed in accordance with the SEC approved basis of offer price computation. The fund is a legal entity incorporated as a public company limited by shares under the Companies Code 1963, Act 179. The Fund is managed under the control and supervision of the Board of Directors. The Board of Directors appoints and contracts the fund manager through the execution of a fund management agreement. The Custodian, who shall be vested with all the assets of the Fund, is mandated by the Law and Regulations to protect the interest of investors.

3. WHAT ARE THE OBJECTIVES OF THE FUND

The primary objective of the Fund is to optimize the investors’ total returns comprising dividend and capital appreciation on assets held.

4. WHO CAN INVEST IN THE FUND
• Ghanaian citizens and Associations (including those based abroad)
• Ghanaian Banks, Rural Banks and other Non-Bank Financial Institutions
• Insurance Companies
• Provident and/or Pension Funds
• Foreign and non-resident investors
• Social and investment clubs
• Religious Organizations and Educational Institutions

5. HOW DO I BECOME A SHAREHOLDER OF THE FUND
Pick up an application form from our offices at Martco House, 1st Floor, Okai Mensah Link, off Kwame Nkrumah Avenue, Adabraka – Accra. Complete the application form and pay for shares either by cash or cheque payable to NTHC Horizon Fund.
BY MAIL:
You can request for an application form by calling NTHC Limited on +233-21-240241. Return the form with a crossed cheque payable to NTHC Horizon Fund. Please do not send cash by post.

6. WHAT IS THE MINIMUM AMOUNT I CAN INVEST
The minimum number of shares an investor may hold is 500 shares initially priced at ¢1000 per share giving a total consideration of ¢500,000. Subsequent purchases are subject to a minimum of ¢50,000. After the initial public offer period, the price per share of the Fund will be determined after each trading session.

7. WHAT EXPECTED RETURNS CAN I EXPECT TO EARN FROM THE NTHC HORIZON FUND.
The Fund Manager believes that the returns on the underlying equities and financial instruments would, in the long run, outperform other categories of investment as well as inflation. However, the Fund Manager cannot predict or guarantee returns to investors. The level of returns in a particular year would be a function of the existing business environment as well as general conditions affecting the market.

8. WHAT RISK SHOULD I EXPECT FROM THE HORIZON FUND.
Investment risk relates to the possibility of not realizing the expected return on the investment, either through dividend income and/or capital appreciation. Whilst it is not possible to entirely eliminate investment risks, the Manager will, on an on-going basis, have in place appropriate procedures and controls to minimize and manage the impact of various risk factors.

9. WHO ARE THE MANAGERS OF THE FUND
NTHC Limited is the manager of the fund. NTHC has over 25 years Experience in fund management and we manage assets in excess of ¢260 billion.

10. WHAT ARE THE CHARGES WHEN YOU INVEST IN THE NTHC HORIZON FUND?
There is no charge for joining the fund. However there is an exit charge (load) when you redeem your investment within the first three years of your investment. An exit fee of not more than 3% in the first year, not more than 2% in the second year and not more than 1% in the third year and NO CHARGE FROM THE THIRD YEAR.

11. WHAT ARE THE BENEFITS WHEN YOU INVEST IN THE NTHC HORIZON FUND

Professional Money Management
Maximum Return on your investment
Profitability
Security
Quick access to your money/Liquidity
Diversification
Convenience/Choice
Capital gains are tax-free.

12. HOW DO I KNOW HOW MY SHARES ARE PERFORMING?
The fund will mail statements to shareholders quarterly however, you can request for your statement anytime you need it by phone for a fee.

13. I HAVE OTHER INVESTMENTS WITH NTHC LIMITED CAN I STILL INVEST IN THE NTHC HORIZON FUND
YES, You are always welcome to invest in the NTHC Horizon Fund.

14. WHEN CAN I REDEEM MY INVESTMENT
Anytime you wish to do so.

  15. HOW LONG DOES IT TAKE FOR ME TO GET MY MONEY?
Up to three working days