*Mobile Mutual Funds Platform T&Cs
Investment platforms are essentially online supermarkets that enable you to purchase a range of funds, shares, bonds, and other investments from one location, usually inside a tax-free Stocks and Shares ISA.
An investment fund is a capital of an investor used to purchase securities while each investor retains ownership and control of his own shares.
Yes, investing in funds online is safe and secure. The ownership of the units is transferred to you and helps you track all investment related transactions that happens on your bank account.
Yes, through regular interest or dividend payments or by selling a security at a higher price than was paid for it, the value above the original cost of the investment qualifies as investment income.
There are many ways to evaluate investments. One way is simply to look at the monthly statement from your custodian to assess any unrealised loss or gain. The other way is to look at the quarterly performance statement from your investment advisor, money manager, or investment manager.
The key difference between Stock and Mutual Funds is that Stock is the term that is used to represent the shares held by an investor in one or more companies listed/unlisted on the local bourse. These shares indicate the ownership of a person in those companies. Whereas mutual fund is a professionally managed investment fund that pools money from many investors to purchase securities/ financial asset. In effect, these individual investors will own shares of the fund.
|Types of Schemes||Minimum Investment Amount||Maximum Investment Amount|
|Mutual Funds||GHc 49.81 and above||No maximum limit|
|Real Estate||No minimum limit||No maximum limit|
|Equity Shares||Decided by the company||No maximum limit|
Most investors check situations at hand before they decide for the future; hence looking at this, investors will be unwilling or unable to trade securities because of certain regulations, taxes or penalties associated with doing so.
Yes, an investment can be cancelled. Investment may fluctuate in response to the market, and this may put your principal/investment amount at risk thus Investors may lose some or all of their initial investment amount. Hence, every investor is aware that investments can be negatively affected by foreign exchange risk.
In case of premature redemption, investors can approach the concerned bank/Post Office/agent thirty days before the coupon payment date. Request for premature redemption can only be entertained if the investor approaches the concerned bank/post office at least one day before the coupon payment date. The proceeds will be credited to the customer’s bank account provided at the time of applying for the bond.
This is to inform that by clicking on the hyperlink, you will be leaving www.sc.com/gh and entering a website operated by other parties:
Such links are only provided on our website for the convenience of the Client and Standard Chartered Bank does not control or endorse such websites, and is not responsible for their contents.
Thank you for visiting www.sc.com/gh