“Maximizing Ghana’s Mineral Income for Generational Impact”

MIIF’s investments are funded by mineral royalty receipts. The Fund’s goal is to maximize the long-term value of Ghana’s income from its mineral wealth for the benefit of future generations. Our purpose is to invest responsibly and transparently to generate prosperity for all Ghanaians.

Investment Philosophy

MIIF’s primary investment objective is to generate sustainable, long-term returns through a disciplined investment approach and strategic capital allocation to maximize the country’s minerals income.

Investment Principles

• Long-Term Horizon: Investment decisions shall be guided by the need to create long-term value while withstanding short-term market volatility.
• Robust Risk Management: A comprehensive risk management framework to identify, measure, and mitigate systemic, market-related, liquidity and operational risks.
• Diversification: We will maintain a diversified, multi-asset portfolio spanning both public and private markets with strategic allocations to equities, fixed income and alternative assets to reduce concentration risk and capture returns across economic cycles and markets.
• Strategic Investing: Our portfolio will be built on a foundation of significant but strategic allocation to the mining sector and the mining value chain with a long-term perspective while maintaining flexibility to take advantage of opportunities in resilient markets and low volatility income-generating securities.
• Responsible Investing: Environmental, Social and Governance (ESG) factors will be integrated into the investment process to enhance portfolio resilience and guard against reputational risks.
• Prudent Governance and Transparency: The institutionalized governance process and the highest standards of transparency under the oversight of the Board of Directors will be adhered to.

Portfolio Targets

MIIF’s portfolio of investments is targeted at maximizing the value of royalties’ income through long-term investments in asset classes as specified in the Fund’s Investment Guidelines.