NTHC BUSINESS AREAS

q     Asset Management Services

q     Registrar & Custodian Services

q     Trustee Services

q     Issuing House Services

q     Corporate/Investment Advisory Services

q     Corporate Finance Services

Asset Management Services

q     One of the main core businesses of NTHC is the provision of Money Market Services.  The Money Market outfit is charged with the responsibility of adopting a market-oriented approach towards the effective mobilization and management of funds to ensure the highest possible gains for the client.

q      We are constantly redesigning our financial and investment products to suit market trends and more importantly the ever changing needs of our cherished clients. The options available to you are:

o        Investment Management Fund

o        NTHC SuperSaver Account

o        Treasury Bills/Notes/Bonds

o        Provident Fund Management

o        Property Investment Plan

q     Investment Management Fund

This serves the need of clients with very short-term investment objectives and offers a higher liquidity profile as compared to government securities. The basic features are Instant Access, Notice and Fixed Options.

q     NTHC SuperSaver Accounts

This allows you to make deposits in small chunks at periods agreeable to your income flow patterns.

q     Treasury Bills/Notes/Bonds

These are gilt-edged securities issued exclusively by the Central Bank with maturities ranging from 3 months to 3 years. NTHC also provides rediscounting services for Treasury bills to enable clients realize their investments before maturity.

q     Property Investment Plan

This is a unique investment plan which seeks to encourage investors to gradually build up a portfolio towards the acquisition of a home or serviced plots.

q     Provident Fund Management

This serves as an alternative retirement income medium outside the SSNIT pension benefit scheme.

Registrar and Secretarial Services

q     NTHC provides Corporate Registrar and Corporate Secretarial services for a number of blue chip companies including:

Listed Companies:

• Produce Buying Company Ltd
• Standard Chartered Bank Ghana Ltd
• SG-SSB Bank LtdBank LtdLtd.
• Aluworks Ltd.
• Fan Milk Ltd.
• AngloGold Ashanti Ltd.
• Enterprise Insurance Company Ltd.
• Pioneer Kitchenware Factory Ltd.
• Sam-Woode Ltd.
• Cocoa Processing Company Ltd.
• Donewell Insurance Company Ltd.
• Golden Web Ltd.
• Benso Oil Palm Plantation Ltd.
• CAL Bank Ltd.
• Clydestone Ltd.

Unlisted Companies

• Total Elf Oil (Gh.) Ltd.
• National Investment Bank Ltd.
• Beduman Rural Bank
• Manya Krobo Rural Bank
• Jomoro Rural Bank
• TV Africa Ltd

q     NTHC Ltd keeps an updated database of the shareholders in these companies. The unit organises Annual General Meetings for all their clients, ensures that all shareholders receive their dividends when it is due, undertake all the share transfers and certificates and any other related service.

q     NTHC services include attending board meetings, taking minutes and registering new companies.

Trustee Services

q     NTHC acts as trustees and managers of securities for shares allotted to workers as well     as the Government and other Corporate Bodies.

Issuing House Services

q     NTHC provides Issuing House services to mobilize additional or fresh capital for companies.

q      The firm also has resources to underwrite capital issues and collaborates with other stockbrokers in such activities

Corporate/Investment Advisory Services

q     Integrating industry, product and regional specialization to offer clients a comprehensive array of advisory services

q     Addressing the key strategic issues facing clients and to help formulate and execute dynamic investment decisions

q      Offering clients timely transaction execution, innovative deal and financing structures and aggressive price negotiation skills

q     Corporate Finance Services

q     Initial Public Offering (IPO)

q     Private Placements

q     Corporate Debt

q     Mergers, Acquisitions and Disposals

q     Corporate Restructuring

q     Employee Share Ownership Plans (“ESOPs”) and Executive Schemes

q     Management Buy‑ins and Buy‑outs

q     Commercial Paper (CPs)

q     Feasibility Studies and Business Plans

q     Municipal Finance

q     Corporate Training and Seminars

q     Foreign Investor Services

q     Donor Funded Project

q     Mezzanine Financing

q     Securities Underwriting

q     Research

q     Initial Public Offering (IPO)

We mobilize fresh and additional capital for companies.  In this regard, NTHC has enabled many companies to raise capital on the Ghana Stock Exchange.           

q       Private Placements

NTHC has raised capital for companies through private placements. These are companies that usually require extensive long term financing for plant/equipment rehabilitation and/or replacement.

q       Corporate Debts/Bonds

This product is marketable to both listed and unlisted companies.  Its issue depends on various financial options designed to enhance shareholders’ value.

q     Mergers, Acquisitions and Disposals

NTHC provides advice to corporate entities that seek to merge with or acquire other companies, or to sell existing businesses.  Scope of advisory services include the following:

ü      Identifying target companies;

ü      Performing due diligence investigations;

ü      Performing financial valuations to determine optimal capital structure;

ü      Advising clients on mergers and acquisitions transactions;

ü      Assisting in the search for the buyer(s) of assets;

ü      Assisting clients during negotiations on the sale and purchase of assets and terms of such transactions;

ü      Assisting clients to raise funds during mergers, acquisitions and disposal activities.

q        Corporate Restructuring

We advise corporate entities on restructuring their management, organisation, leverage and operations in order to maximize shareholder value, while giving management financial flexibility. In certain instances, we advice corporate entities to change the make up of their debt structure (eg. Swaps) resulting in reduced debt-service charges.

q     Employee Share Ownership Plans (“ESOPs”) and Executive Schemes

NTHC realizes the need for companies to motivate their employees and as such advises firms on the various options in ESOPs and Executive Schemes, as well as the funding for such schemes.

q        Management Buy‑ins and Buy‑outs

Managers may seek equity participation or might want to divest off such holdings.  NTHC’s corporate & structured finance team advise management on buy‑ins and buy‑outs. Our advice include selecting the most appropriate financing option (debt, equity, or hybrid), coordinating other activities such as tax and legal implications, and also assisting the client during negotiations.

q       Commercial Paper (CPs)

We play a lead role helping companies to issue CPs to fund various corporate transactions. Companies involved are mainly cocoa businesses, mining concerns, construction and manufacturing companies.

q          Feasibility Studies and Business Plan Reports

We carry out feasibility studies and prepare business plan reports for various projects and/or companies not only to assess their viability but also to raise           funding for them.

q     Municipal Finance

Although municipal finance is currently non-existent, NTHC plans to work with the government and local authorities to develop a complete range of government and municipal securities for investors.

q       Corporate Training and Seminars

Our Corporate training programmes are designed to meet the needs of working professionals and executives. NTHC develops and offer customized training/seminar programmes for private sector firms, governments and non-  profit organizations.

q       Foreign Investor Services

            NTHC offers foreigners desiring to do business in Ghana a range of services which help them achieve their investment goals.  Examples of services will include the following:

ü      Project identification and analysis

ü      Partner search

ü      Arranging business visits, including identification of relevant contacts and appointments

ü      Initial local representation

ü      Background Reviews and Assessments

ü      Initial Start up Management

q      Donor Funded Project

Donor support to government initiatives require that projects and programmes are well designed, have capable management, measurable indicators, effective monitoring and evaluation systems.  NTHC provides the following services:

ü      Organizational, management and financial capability assessments

ü      Feasibility studies and reviews

ü      Systems, procedures and manuals.

q     Mezzanine Financing

NTHC also structures mezzanine financing which is a hybrid of debt and equity. The features of this mezzanine financing include warrants, conversion features and profit participation.

q      Securities Underwriting

NTHC arranges to underwrite shares offers either alone or in syndication with other Brokers or Institutions. By this, shares remaining unsold are taken up by NTHC or the syndicate for a fee.

q      Research

Research supports all our different business lines at NTHC.  Through its extensive network of contacts our research unit furnishes timely information, which forms the foundation of our marketing efforts at NTHC.  We consider research a critical ingredient in the execution of all our transactions.  NTHC carries out extensive research on Ghana/Sub-Sahara Africa for companies that will need such reports.  Our reports cover the following areas:

ü      The Political and Economic Environment

ü      Investment Tips.

ü      Various Industry Reports.

NTHC Horizon Fund

q                 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

q                 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.

q                 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.

q                 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

q                 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.

q                 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.

q                 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.

q                 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.

q                 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.

q                 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.

q                 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.

q                 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.

q                 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.

 

q                 When can I redeem my investment

Anytime you wish to do so.

q                 How long does it take for me to get my money?
Up to three working days