Omega Income Fund

The Omega Income Fund is a medium-term open-ended mutual fund that seeks to ensure growth in income while conserving principal by investing in a diversified portfolio of fixed income securities. The Omega Income Fund primarily pools money in different amounts from different people for investment in shares/stocks listed on the Ghana Stock Exchange (GSE) and other Stock Exchanges in Africa. The essence of this fund is to help individuals build capital over time. The duration for this fund is three years or more.

How much can I invest in Omega Income Fund?

  • Minimum initial investment amount – GH ¢ 50.00
  • Minimum top up investment amount – GH ¢20.00
  • Minimum lump sum investment amount -  GH ¢500.00

What are the payments Methods?

  • Cash  and cheque payments into Omega Equity Fund
  • Direct Debit from your bank for monthly  payments
  • Post-dated Cheque for monthly payments

Requirements to start Omega Income Fund

  • Valid National ID Card (Passport, Driver’s License, Voter’s ID Card, NHIS Card)
  • 2passport size picture.
  • A completed Omega Income Fund application form
  • Duly completed and signed Signature Card.
  • Minimum Initial Investment amount. 

How long must I invest in the Fund:

  • Each contribution should be invested in the Fund for a minimum of 3 years.
  • For investments below 3 years, an exit load of between 2%-4% is charged when withdrawing your money.

What can I invest towards?

  • Caters for medium to long-term financial needs
  • Home purchase/mortgage/vehicle
  • Financing of children’s education.
  • Retirement plan.

Omega Income Fund will not invest in:

  • Equities or shares of Companies.

What are the advantages?

  • Returns are tax-exempt so you enjoy the full return on your investment.
  • Enjoy the benefit of regular flow of income to the fund in the medium to long-term.
  • Highly regulated.
  • Cost Efficient
  • Liquid
  • Enjoy the services of a Professional Fund Manager.
  • Enjoy the benefit of investing in a diversified portfolio.

What returns do I make on my Investment
Price appreciation, i.e. the upward movement of Omega Income Fund share price
Note: Withdrawals before the recommended 3 years will attract an exit load which may reduce your principal and or return. The longer you stay in the Fund the more returns you make.

What charges do I incur?

  • Management fee of 1.5% p.a. ( indirect charge on the whole Fund)
  • Other Expenses of 1.% p.a. ( indirect charge on the whole Fund)
  • Quoted returns are net of all charges

What are the Risks of Investing in the Fund?

  • The possibility that the Issuer of a fixed income security may be unable to make interest payments and / repay the principal on its debt.
  • Fluctuations in the value of a fixed-income security resulting from changes in the general level of interest rates.

How do I get information on my Investment?

  • A contract note showing the number of Omega Income Fund shares purchased, amount contributed and the purchase price will be mailed to client.
  • Half year and Annual Statement will be mailed to client.
  • You can also visit www.omegacapital.com.gh to access information on the Fund.
  • You can sign up for the Omega Notification Alert Service

How do I take part or all of my money?

  • Complete a redemption form and submit to the Manger.
  • Redemptions will be processed within 10 working days.
  • Payments are made by cheque or transferred into clients bank  account.(An indemnity form will have to completed by clients who request for transfer into their account)
  • For withdrawals, a minimum of GH¢20.00 is to be left on the account.

Who Manages the Fund?
Omega Income Fund is managed by Omega Capital Limited, a licensed investment Fund Manager. Omega Capital also manages funds for Corporate and High Net Wealth Individuals and Pension Funds

Omega Capital Direct Debit
You can top up your investment regularly and directly from your bank by subscribing to the Omega Capital Direct Debit Services
The benefits of subscribing to the Omega Capital Direct Debit Services include but not limited to the following:

  • Guaranteed  Transfer
  • Affordability
  • Accessibility and Flexibility
  • Inexpensive
  • Secure
  • Convenience

Why Omega Equity and Income Fund?

The Omega Equity and Income fund employs the economies of scale approach (strength in numbers) to invest in Equities, Fixed deposits, government debt instruments as well as corporate bonds. Because Omega Equity and Income Fund is a mutual fund, all the contributors to the fund both share in the benefit or loss in the shares so that no individual bears all the burden of loss when shares slump. The fund is made efficient, through diversification of funds, to invest in securities on the GSE and other markets and thereby reducing risk.
Among the many benefits that Omega Equity and Income Fund offers you is the merit of investing in a diversified portfolio; returns are tax exempt, growth of investment in the medium to long-term as well as enjoying the services of a professional fund manager who is dedicated to helping you achieve capital growth in the long term. This fund is also cedi denominated.