For many investors, the past few years have been a reminder that stability matters just as much as returns. In a market shaped by shifting interest rates, inflationary pressures, and cautious investor sentiment, the search for reliable investment options has become more important than ever.

This is where treasury securities continue to play a valuable role. Backed by government instruments and supported by professional portfolio management, the InvestCorp Treasury Securities Fund (ITSF) offers investors a practical way to preserve capital, earn competitive returns, and navigate changing market conditions with confidence.

A Strategy Built for Today’s Investor

Today’s investors are looking for a balance between protecting their capital and growing it steadily over time. Following the sharp movements in interest rates in 2025 and the more stable market conditions that followed, the need for carefully managed, income-generating investments has become clearer. The InvestCorp Treasury Securities Fund responds directly to this need.

The Fund is designed to preserve capital while providing steady, long-term returns. This is achieved through investing in high-quality government-backed securities, including Treasury bills and bonds, which are generally considered reliable in uncertain market conditions.

Another important feature of the Fund is that it does not rely only on the local market. By investing in selected international treasury securities, it gives investors access to opportunities beyond Ghana while helping to reduce overdependence on a single market. This approach strengthens the Fund by spreading risk across different economies.

A Compelling Solution for a Broad Range of Investors

The Fund is designed to meet the needs of different types of investors. It is suitable for businesses and institutions seeking stable and predictable income, as well as individuals planning for long-term goals such as retirement and education. It also provides a convenient way for investors to participate in income-generating investments with the support of professional fund management.

In a market where preserving capital remains a priority, this structure offers a practical way to balance safety and returns.

Demonstrated Resilience in a Challenging Market

Ghana’s fixed income market has faced significant pressure in recent years, especially during the Domestic Debt Exchange Programme (DDEP) and the shift to valuing investments based on current market prices. This period tested many investment products and highlighted the importance of careful fund management. Despite these challenges, the InvestCorp Treasury Securities Fund remained disciplined, adjusting its investments as market conditions changed. As the economy improved and inflation began to ease, the Fund returned to a path of growth.

In 2025, the Fund delivered a full-year return of 36.58 percent. This performance was supported by careful security selection and timely portfolio adjustments, which helped the Fund benefit from changes in bond prices as interest rates declined.

For investors, this shows the value of professional management during both difficult market periods and times of recovery.

Well Positioned for the Road Ahead

Looking ahead, interest rates are expected to become more stable as inflation eases. While returns may moderate compared to the strong gains seen during periods of rapid interest rate movements, the changing market environment still presents opportunities.

The Fund is well positioned to manage this phase by investing across Treasury bills and medium- to long-term government bonds, while actively adjusting the portfolio as market conditions change. Its selected investments in international government securities also help the Fund manage risk and take advantage of opportunities beyond Ghana.

The InvestCorp Treasury Securities Fund remains well positioned for investors seeking stability, income and long-term growth. Its focus on preserving capital, spreading investments across different treasury securities, and adjusting to market changes places it in a strong position to support investors through changing market conditions and emerging opportunities.

To learn more about how the Fund can support your investment goals, contact InvestCorp Asset Management Ltd for further information and take the next step toward building a more secure and resilient investment portfolio.