The Christian Council of Ghana has launched a mutual fund, the first of its kind by a religious body. The Christian Community Mutual Fund is an open-ended fund which will be managed by Black Stars Advisors, an investment bank and asset managers. The cost per share is twenty Ghana pesewas with a minimum offer of fifty shares amounting to Ten Ghana cedis. The fund is opened to the general public and Christians in particular. Speaking to Myjoyonline.com after the official launch of the fund, the General Secretary of the Christian Council, Rev. Fred Deegbe said the mutual fund is to empower Christians in their financial dealings. It is also to help Christians add more value to their monies and to inculcate in them the idea of investments as well as provide capital for business. Asked how different the Fund will be from existing mutual funds, Rev Deegbe said the choice of investment will be informed by the deep rooted Christian values. “Because it is a Christian Community Fund it will be more selective in the kind of funds we would invest in,” he said.