Sexual violence is any unwanted sexual contact - when consent is not obtained, or not freely given.
Sexual Violence Encompasses a
Range of Offenses
Sexual violence encompasses a range of offenses, including a completed nonconsensual sex act also known as rape, an attempted nonconsensual sex act, abusive sexual contact or unwanted touching, and non-contact sexual abuse such as threatened sexual violence, exhibitionism, or verbal sexual harassment.
All types of sexual violence involve victims who do not consent, or who are unable to consent or refuse to allow the act. Sexual violence impacts every community and people of all genders, sexual orientations, and ages.
Sexual assault involves sexual intercourse or sexual intrusion without consent and is the most underreported crime in the United States.
Some types of sexual acts which fall under the category of sexual assault include forced sexual intercourse (rape), sodomy (oral or anal sexual acts), incest, and attempted rape.
Sexual Assault is a Crime
Sexual assault in any form is often a devastating crime. Sex without consent is rape. Rape can happen to anyone at any age, at any place, at any time. Offenders can be strangers, acquaintances, friends, or family members. Offenders commit sexual assault through violence, threats, coercion, manipulation, and pressure.
Crime of Violence and Power
Rape is a crime of violence and power. It is caused by an urge to control another human being in the most personal way. It is not caused by uncontrollable sexual desire. Most rapes are planned in advance. Rapists surprise victims by catching them off guard, by manipulating or drugging them, by taking advantage of their daily activities or by lying. What a person is wearing or doing does not cause rape. Few convicted rapists even remember how the victim was dressed or what the victim looked like.
Sexual Assault and
Sexual violence can have psychological and physical effects on a survivor. Talking to an advocate can help victims make informed decisions, determine their next steps, and begin the healing process.
Myths and Facts:
About Ashfield Investment Managers/Who we are
How long has the company been in existence?
We have been in existence for the past four years. The company was established in April 2016 and was licensed as Fund Manager by SEC since December 2016. Ashfield is a rebrand of ED & CO. Capital Partners Limited due to changes in strategic focus and management.
What is Gold Money Market Fund (GMMF)?
The Gold Money Market Fund (GMMF) is a money market oriented Mutual Fund that was established in 3rd March 2009 to provide income growth and preservation of capital to shareholders by investing primarily in money market securities. The Fund was initially promoted and managed by Blackshield Capital Management Limited (Formerly Gold Coast Fund Management Limited) until the revocation of their license by the Securities and Exchange Commission (SEC) on 8th November 2019.
How different is GMMF from other direct investment with the former Fund Manager?
GMMF is a separate company from the former Fund Manager and any other Funds and Investment products of the former Manager. GMMF was established as a company with its own directors. The GMMF is authorized to operate as a Mutual Fund by SEC whilst the Fund Manager provides fund management services to the Mutual Fund. Your direct investment in other products of the former manager are not part of the investments of GMMF. You may contact the SEC and or representatives of the former manager for records of your investment.
What is a Mutual Fund?
Who are the owners/parties to the management of GMMF?
Why the change in Fund Manager of GMMF?
Who appointed the new Fund Managers?
The Directors of GMMF appointed Ashfield Investment Managers following a competitive selection process to safeguard the interest of shareholders and ensure turnaround of the Fund. This was done according to Laws and Regulations governing Mutual Funds and Company operations in Ghana.
What role did the SEC play in the appointment of the new Fund Manager?
The SEC performed its supervisory role in the change process in accordance with section 88 (6) of the Securities Industry Act, 2016 (Act 929). Following the revocation of the operating license of the former Fund Manager, SEC directed the Directors of GMMF to appoint a new Fund Manager in order to protect the interest of investors in the Fund.
How secure are my funds with the appointment of the new Fund Manager?
What changes are to be expected following the appointment of Ashfield as Fund Manager of GMMF?
You should expect an efficient and tech-driven investment management service. The manager in consultation with the board of directors will submit necessary proposals for changes to the Fund at AGM for approval by GMMF shareholders that will ensure safety and growth of the fund.
When is the next Annual General Meeting (AGM) going to be held?
The Board and the Fund manager will determine based on applicable laws and regulations, the appropriate time to hold an AGM for the Fund. This is likely to coincide with the completion of reconciliation and validation of the assets of the Fund. A notice of meeting will be posted to you when due.
What happened to the investments of GMMF during the period that the previous Fund Manager’s licensed was revoked?
Some investments and assets of the Fund were with the Custodian bank whilst others were with various institutions, some of which have also had their licenses revoked by the Bank of Ghana (BoG) and the Securities and Exchange Commission (SEC). These investments have largely been identified though they have not been yielding the expected returns. The team at Ashfield is engaging the respective regulators and investment partners to determine the values of these investments for inclusion into the determination of Net Asset Value.
What is Net Asset Value?
Net Asset Value (NAV) is the value of all investments of the Fund plus any cash or other assets minus all liabilities (including accrued expenses) divided by the total number of shares outstanding at a particular time.
What happens to the old balance I had with GMMF?
How do I know my current balance in the Gold Money Market Fund (GMMF)?
Ashfield Investment Managers is undertaking reconciliation of the assets and liabilities of the Fund. We are also engaging the regulators and partners to validate all assets of the Fund. It is only after the validation of shareholders and determination of Net Asset Value (NAV) that you will be informed of your balance. You can also check your balance anytime at www.ashfieldinvest.com after declaration of NAV.
How long will the reconciliation process take?
The reconciliation and validation process will take between three (3) to six (6) months to complete. We will however keep you updated during the period. You may also visit www.ashfiledinvest.com to follow the process and access your account with the Fund.
Why can’t I be paid part of my money immediately, before you complete the reconciliation process?
We need to confirm all assets and liabilities to arrive at the true values of your shares (price per share) before we can initiate any payment from the Fund. We therefore require your patience to complete the full reconciliation before any money will be paid from the Fund to shareholders.
How do I withdraw from my account after the reconciliation?
After your account and balance have been validated and NAV declared, you may apply to the Manager to have your shares in the Fund sold and proceeds paid to you. Due to challenges following the financial services sector clean up, you may not be able to access all your funds at a time. The Fund Manager will engage you to arrive at satisfactory outcome and to meet your urgent liquidity needs.
How do I validate my investment with Gold Money Market Fund?
Visit www.ashfieldinvest.com to begin the process. You will be required to validate your investment with GMMF using your email or mobile phone number on record. After authentication, you will be required to update your records and submit your proof of investment, which may be your latest GMMF statement, investment receipt etc. If you are unable to access the online portal to validate your account and investment, kindly schedule a call on www.ashfieldinvest.com and we will call you back for assistance.
Will I be required to update my records with the Fund?
Yes. All shareholders will be required to update their records with the new Fund Manager for satisfactory service and engagement. We have provided an online portal for all clients to update their records without having to travel long distances to get their records updated. Use the link or schedule a call with us as provided above.
What can I do to help the new Fund Manager to keep my money safe?
Validate your investments in GMMF by providing any evidence of your investments. The new Fund Manager requires your patience and continuous subscription of the shares of the Fund as we work to turnaround the fortunes of the Fund and increase returns to shareholders. This means that whilst you can withdraw part or even all, depending on liquidity, you may lose out if all plans Ashfield has put in place results in increased returns to the GMMF.
How much experience does the Manager have in Fund Management?
Ashfield has a team of experienced investment professionals with more than 30 years of combined industry practice spanning Fund Management, Equities, Fixed Income and alternative investments. Ashfield’s team is experienced in Equity trading; combined Assets Under Management experience of over GHS 3bn including Bank Treasury, Provident Funds, Pension Funds, Family Office, Investment Clubs, DFI Funds, SME Funds & Private Wealth; combined ability to raise over GHS 100 million in debt for local SME’s with over GHS 1bn executed bond trades in Government Securities, over GHS 80mn executed trades in Corporate Bonds and over USD200million traded in proprietary Currency FX trades across several top tier banks.
How do I deal with the new Fund Manager if I do not live in Accra?
The Fund Manager has provided digital channels for the convenience of clients especially due to COVID-19 restrictions. Therefore, you do not have to visit our offices to be served. You can visit our website at www.ashfieldinvest.com and click on "Client Login" to submit all your enquiries or to schedule a call to get all your concerns addressed.
How will the new Fund Manager prevent similar mistakes from happening?
Ashfield has put in place stringent structures that adhere to ethical practices, transparency, and compliance with all applicable laws and regulations.
Why should I keep investing and not withdraw my investments?
Ashfield has put in place a transparent investment management process that follows the highest standards of professional practice. Ashfield employs the best of investment professionals with expertise to manage your money to achieve your investment objectives. You stand to benefit from any increase in value due to strategic turnaround measures put in place for GMMF.
How do I invest with Ashfield Investment Managers?
Sexual Assault is never the victim's fault. It is a crime, no matter who commits it or where it happens.
What To Do if You Are a Victim of Sexual Violence
Go to a safe place. Call 911.
Talk to someone you trust.
Preserve any evidence. DO NOT shower, bathe, wash, douche, change clothes, or go to the bathroom until you have been examined medically. Doing so may alter valuable evidence that could be used if the case is prosecuted.
Got to the nearest hospital emergency room for assistance and treatment. Ask for an advocate from S.A.F.E. who can provide support and information.
Have a forensic medical exam to preserve evidence. If you are 18 years of age or older, you may choose NOT to report the crime and involve law enforcement.
If you choose not to report the crime, the evidence can be collected and stored as a non-reported case at Marshall University Forensic Science Center. A rape crisis center advocate can explain your options and how to initiate an investigation at a later time.
Whether or not you report the sexual assault to law enforcement, seek medical attention as soon as possible, if needed. Medical staff can provide preventive treatments and address any concerns regarding sexually transmitted diseases, including HIV.
Seek counseling and ongoing support. Plan for your ongoing safety. Rape crisis centers can provide referral information and confidential services
Source: West Virginia Foundation of Rape Information and Services |