The InvestCorp Active Equity Fund recorded a remarkable full-year return of 78.30 percent for the year ended December 31, 2025, a significant leap from the 35.11 percent achieved in the prior year.

According to the fund manager, the strong performance was occasioned by a broad-based rally on the Ghana Stock Exchange (GSE). Per data in the chairperson's statement, the fund's Asset Under Management (AUM) experienced explosive growth, rising from GH₵ 186,957 to GH₵ 3.27 million.

The Chairmain of the fund, Mark Amoako, noted that the performance was a direct result of strategic execution. "The fund recorded a full-year return of 78.30 percent in 2025, reflecting effective stock selection, timely portfolio positioning, and disciplined active management throughout the period," he stated. He stressed the surge was largely driven by substantial investor inflows during the year, reflecting renewed confidence in the equity market and the fund's active management strategy. The fund's success in 2025 was underpinned by a confluence of favorable macroeconomic conditions. The Ghana Stock Exchange Composite Index (GSE-CI) surged by 79.40 percent, driven by a low-interest-rate environment that channelled liquidity into equities. Financial stocks led the charge, with the GSE Financial Stock Index gaining 95.19 percent.

Ghana's macroeconomic stability provided a strong tailwind for equities. The domestic economy expanded by 6 percent, while inflation declined sharply from 23.5 percent in January to 5.4 percent by December. The monetary policy environment shifted toward easing, with the Bank of Ghana cutting the policy rate by a cumulative 900 basis points over the year.

This stability supported a historic appreciation of the Ghana cedi, which recorded its first year-end gain since 2007. The disinflationary trend and currency strength significantly improved investor sentiment.

The fund expanded its investment horizon following approval from the Securities and Exchange Commision (SEC), taking positions in foreign listed Exchange-Traded Funds(ETFs).

According to Mr. Amoako, this move was designed to enhance diversification and position the portfolio for long-term capital appreciation.

For the full year, 2026, Mr. Amoako maintains an optimistic outlook anticipating a fourth consecutive year of gains for the Ghanaian equity market.

"We remain confident in the fund's prospects given the improving macroeconomic conditions and renewed investor confidence in the Ghana equity market. The expanded asset mix also provides greater flexibility to explore opportunities across markets through disciplined equity selection and growth-oriented positioning, "Mr. Amoako added.

Mr. Amoako assured shareholders of management's commitment to maintaining a disciplined investment approach while ensuring full compliance with the new requlatory framework.

He said management plans to continue leveraging its proprietary investment model to identify high-quality equities and capture upside in the recovering market.