The MS Mutual is an open-ended account that seeks medium to long-term capital appreciation by investing in a diversified portfolio of listed and unlisted equity and debt securities.
The MS Mutual is divided in Money Market fund, Ethical Fund and Rapid Growth Fund depending on the investor risk tolerance.
Through the fund, investors buy into a fully diversified portfolio of securities. This reduces the risk associated with investing.
With a single purchase an investor buys numerous securities and owns shares in various companies. It is also easy to keep track of your money as you receive regular statements and financial reports.
Quick access to your money
You can redeem your investment at any time, and usually receive your money within 7 working days.
The MS Mutual invests for growth in the total value of its assets. As the fund grows, the value of an investors’ shares in the investment also grows. The return is an appreciation in the value of your investment. The value of your investment can however fall. This is because the value depends partially on the prices of equities the fund invests in.
The main risks of this fund are equity price and interest rate risk. However, the MS Mutual minimizes risk by investing in a professionally managed diversified portfolio; with the objective of providing higher returns associated with the risks
MS Mutual, also known as managed investments, allow you to pool your money with that of many other investors so that the mutual fund can buy a wide range of investments managed by a professional team. This includes investments which may not ordinarily be available to you through direct investment such as large commercial properties and corporate bonds.
MS Mutual is a fund that invests in a diversified portfolio of securities. Each share of a mutual fund represents stake in several securities. These securities include short and long-term equity, debt and government securities as well as other financial instruments. Individuals, institutions with provident funds and pension funds, Social and investment clubs or organizations like churches and schools can invest in the MS Mutual
There is no charge for signing up for the MS Mutual. However since the Fund is a growth fund, an exit fee ranging between 1% and 3% is charged on the value of investment if an investor leaves the fund within the first 3 years.
The MS Mutual is professionally managed to achieve its capital growth objective. The capital growth seeking investor is, thus, relieved of the hassle of managing the investment.