IFS Capital Management, a Ghana-based investment banking and asset management firm, has launched three new unit trust schemes into the capital market.

The investment schemes are: Legacy Unit Trust, Richie Rich Unit Trust and My Wealth Unit Trust.

Legacy Unit Trust will provide long term growth of capital for clients. The Richie Rich Unit Trust provides a high and increasing level of income for pupils in basic, junior and senior high schools and the My Wealth Unit Trust provides reasonable returns with low to moderate risk.

The initial public offering of the unit trusts will run for a period of 21 working days commencing from 3 June 2012 to 2 July 2013. After the offer period, additional units can be purchased by investors on an ongoing basis at a price computed in accordance with the terms of the each scheme.

Kojo Ohene-Kyei, CEO of IFS Capital, said: "I believe that these three unique funds are customized to meet specific your diverse needs and have investment philosophies which are competitive in themselves and would be able to compete with other existing and upcoming products and even exceed the market’s performance.

"The unit trust allows individuals and companies to build an investment for their future and that of their companies as this is our contribution in helping people to build secure and hassle free financial future."