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ASSET MANAGEMENT SERVICES

2. Outline. Company ProfileVision, Mission

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ASSET MANAGEMENT SERVICES

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    1. 1 ASSET MANAGEMENT SERVICES Submitted By: NTHC Limited

    2. 2

    3. 3 Company Profile NTHC Limited Was formerly National Trust Holding Company Limited Established in 1976 under the auspices of the National Investment Bank Limited and incorporated under Ghanas Companies Code 1963 (Act 179). From 1979, NTHC acted as Trustees holding and managing Government interest in companies.

    4. 4 Company Profile (continuation) SUBSIDIARIES NTHC has two wholly-owned subsidiaries: NTHC Securities Limited NTHC Properties Limited

    5. 5 Vision, Mission & Core Values (continuation) Our Vision To be the most preferred Investment Management Company and the dominant back office company in the investment service industry. Our Mission To ensure that our advice, guidance, and services translate to financial prosperity and satisfaction for all our stakeholders. We will accomplish this by utilizing highly qualified & competent staff and innovative financial products/ services to meet the varied needs of our clients. Our Core Values Tenacity: We will be resolute and tenacious in the pursuit of our operational and strategic objectives for the advancement of the company, the staff and our customers.

    6. 6 Vision, Mission & Core Values (continuation) Responsiveness: We will work tirelessly to understand customer and staff needs and will respond to such needs at all times. Integrity: We will maintain integrity in all our operations at all times. People Focus: We believe that with a sharp focus on people (staff and customers) we will serve our customers better and motivate & retain our valuable staff.

    7. 7 Board of Directors NTHCs Board of Directors

    8. 8 Ownership (continuation) NTHC serves individuals, institutional investors, government agencies, private and public companies and associations.

    9. 9 Ownership (continuation)

    10. 10 Executive Management Dr A.W.Q. Barnor - Managing Director Ms. Helen Maku Obeng, Head of Legal. Mr. John Mensah Hagan, Head of Registrar Unit. Mr William Sasu, Head of Asset Management. Ms. Elizabeth Korkor Baddoo, Head of NTHC Securities Limited Mr. Francis Kombla Nyoagbe, Head of Corporate Finance Mr. Jacob Tawiah, Head of Finance and Accounts.

    11. 11 Profile of Executive Management Dr. A. W. Q. Barnor, Managing Director A Financial Analyst and Economist with over 30 years experience in Investment Asset Management, Appraising Accounting Systems, Micro and Macro Economic Analysis. He holds a PhD in Finance and Accounting, MSc. in Development Administration and a Post Graduate Diploma in Development Finance. His prior experiences include working with international financial and commercial firms such as Hong Kong & Shanghai Banking Corporation, Drexel Burnham Lambert, Credit Commercial De France, New Zealand Apple & Pear Marketing Board.

    12. 12 Profile of Executive Management (Continuation) Mr. William Sasu, Head - Asset Management Holds an Executive MBA (Finance) from the University of Ghana. He joined NTHC in 1999 as Chief Accountant and is currently the Head of Asset Management. His career summary reflects over twenty (20) years of experience at Senior Management positions, in Accounting, Finance and Investment. He is a Chartered Accountant by profession.

    13. 13 Profile of Executive Management (Continuation) Mr. John Mensah Hagan, Head of Registrar Unit A qualified Chartered Secretary and Administrator. He has twenty-eight (28) years working experience in various positions including Company Secretary and Registrar and has been Head of Registrars, Transfer/Trustee & Secretarial Unit since May 1996. He is an Associate of the Institute of Chartered Secretaries (ACIS).

    14. 14 Ms. Elizabeth Kokor Baddoo, Head of NTHC Securities Limited She holds an Executive MBA (EMBA), Finance and a BSc. Degree in Administration from the University of Ghana Business School (UGBS), Legon. Her career summary reflects over 21 years of experience in the Securities Industry. She is a well-trained Licensed Securities Dealers Representative who has benefited from several technical and management development courses with significant contribution to NTHC's investment management. She has played key roles in all the major IPOs that have been undertaken by NTHC. She is the Head of NTHC Securities.

    15. 15 Profile of Executive Management (Continuation) Mr. Francis Komla Nyoagbe, Head of Corporate Finance & Research Holds MSc in Finance and Investment from Brunel University, London (UK) and BSc Administration (Accounting Option) from University of Ghana Business School, Legon. He is a Fellow of the Chartered Certified Accountants (FCCA) and was Manager, Corporate Finance and Investment Research at Strategic African Securities Limited.

    16. 16 Profile of Executive Management (Continuation) Ms. Helen Maku Obeng, Head of Legal Unit Ms. Obeng is a trained lawyer from the Ghana School of Law and has to her credit almost 20 years of experience in continuous practice. Before joining NTHC Ms. Obeng was a partner at Profile Trust. She was responsible for the preparation and reviewing of various legal documentations including Agency, Hire Purchase, and Sale and Purchase Agreements. She also provided legal opinion and advice on structuring and incorporation of companies, partnerships and joint ventures. Between 1990 and 1995, she was the secretary to the Divestiture Implementation Committee, the implementation body of government divestiture projects.

    17. 17 Our Relevant Experience NTHCs Track Records-General Initial Public Offer NTHC provides corporate finance and investment advisory services. NTHC mobilises fresh and additional capital for companies. NTHC has enabled many companies to raise capital on the Ghana Stock Exchange. Other companies have raised capital through private placements handled by NTHC.

    18. 18 Our Relevant Experience (Continuation)

    19. 19 Our Relevant Experience (Continuation)

    20. 20 Our Relevant Experience (Continuation)

    21. 21 Our Relevant Experience (Continuation)

    22. 22 Our Relevant Experience (Continuation)

    23. 23 Our Relevant Experience (Continuation) TRACK RECORD IN FUNDS MANAGEMENT: NTHC Limited has vast experience in funds management and currently manages the Provident Funds of the following clients; Ghana Life Insurance Company Manya Krobo Rural Bank Donewell Insurance Company KPMG Ghana Oil Palm Development Company Challenge Enterprise of Ghana Golden Neo-Life Diamite International Excel Industries Limited Assemblies of God Bookshop Pioneer Kitchenware Limited North Ridge Lyceum Word Miracle Church International Rudan Limited

    24. 24 Our Products NTHC Horizon Fund NTHC Horizon Fund is an open-ended mutual fund scheme. The primary objective of the fund is to maximize and optimize the investors returns comprising dividend and capital gain on asset held on. The Manager has in place measures that minimize and manage the impact of various risk factors. The possible benefits derived from the fund are countless. To mention a few, one will have

    25. 25 Our Products Professional Money Management Maximum return on investment Profitability Security Diversification There are no charges for joining the fund but there are exit charges if one wants to redeem within the first three years of your investment. The charges are shown below:

    26. 26 Our Products (Continuation) The fund has yielded a year to date return of 28.35% with a net asset value per share of GH0.1316 as at 29th August 2008.

    27. 27 Our Products (Continuation) Investment Management Fund This is a Money Market product managed by the NTHC. This serves the need of clients with higher liquidity profile as compared to government securities. The basic features are Instant Access, Notice and Fixed Options. NTHC limited as a competent and credible institution will maximize returns on clients funds. Investors are given a competitive interest rate above the Government of Ghana treasury bills. Rates are negotiable depending on the volume of the fund for placement by the investor.

    28. 28 Our Products (Continuation) IMF placements Interest rate

    29. 29 Our Products (Continuation) Commercial Paper Commercial Paper (CP) is a means of raising capital to meet the liquidity requirements of your company. It is a short-term, unsecured debt typically issued by large capitalized firms and can also be viewed as a zero coupon debt. The maturities or investment horizon ranges from 30days to a maximum of 270 days with the possibility of a rollover of the principal amount. Interest rates to be offered by NTHC Limited Commercial Paper is a cheaper financing alternative as compared to a loan from the bank. Currently, the base rates from the banks average about 21% per annum with an average risk premium of about 10%. This adds up to an average lending rate of 30%.

    30. 30 Our Products (Continuation) Provident Fund Management It is a Fund, under the management of NTHC Limited, from the contributions made by the employee of an organisation during his working life and an equal contribution by his employer at a given rate of his salary at present and is payable back to him together with interest on exit from employment. This also serves as an alternative retirement income medium outside the SSNIT pension benefit scheme.

    31. 31 Our Products (Continuation) Foreign Investor Services Under this product, NTHC has packaged all the existing products to foreign Ghanaians and Non Ghanaians (as far as our investment laws will permit). In addition to existing products, NTHC collaborates with NTHC Properties to enable residents abroad to acquire plots or homes through investment vehicles or direct cash transfers.

    32. 32 Conclusion NTHC Limited attaches utmost importance to this exercise and promises to successfully get your outfit a dependable Fund Management Scheme that will meet the expectations of the beneficiaries. We have a highly professional, and highly skilled, competent and tried and tested experienced team, commendable history and capacity to Manage funds.

    33. 33 Contact Details Location Address: Martco House,No.D542/4,Okai-Mensah Link, Adabraka Accra Postal Address: P.O.Box KIA 9563, Airport Accra Telephone: (+233)-(0)21-238492-3 (+233)-(0)21-235814-5 Fax: (+233)-(0)21-220243 (+233)-(0)21-229975 Email: nthc@ghana.com Website www.nthcghana.com

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