THE Minerals Income and Investment Fund (MIIF)

MIIF Develops Gold-Backed Exchange Traded Fund

MIIF Develops Gold-Backed Exchange Traded Fund

THE Minerals Income and Investment Fund (MIIF) is actively developing a physical gold-backed Exchange Traded Fund (ETF) as part of measures to optimise returns on the country’s mineral resources, promote economic growth and attract foreign investment.When completed, the fund would be listed on the Ghana Stock Exchange (GSE). Under the initiative, the MIIF will source, buy and store refined gold which will then be sold in units to both institutional and retail investors. The Chief Executive Officer (CEO) of MIIF, Edward Nana Yaw Koranteng, who made this known at the opening of a stakeholder conference in Accra stated that the…
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