The Minerals Income Investment Fund (MIIF) has outlined a forward-looking investment strategy for 2026 aimed at capturing opportunities from major structural changes in global markets while protecting its portfolio against persistent macroeconomic and geopolitical risks.
According to MIIF’s latest outlook report, titled “Economic and Market Outlook and Strategic Investment Orientation for 2026”, the Fund’s strategic orientation for the year is built around diversification, resilience and long-term value creation.
The strategy reflects a cautious but opportunistic stance as global markets adjust to energy transition dynamics, rapid technological change and uneven monetary conditions across economies.
At the core of the 2026 strategy is a deliberate tilt toward commodities and critical minerals.
MIIF, in the report posted on its social media handles and official corporate website, expects precious metals to continue providing portfolio stability and attractive returns amid heightened geopolitical tensions, high levels of government and corporate leverage, and ongoing market volatility.
Investment
As a result, the Fund plans to invest in mid-tier to large-scale mining developers with lower operating costs, as well as mine support and downstream processing assets, using a mix of direct equity, royalty and streaming structures, and listed equities of Tier-1 producers.
Critical minerals also feature prominently in MIIF’s outlook. With electrification, renewable energy expansion and the rapid growth of electric vehicles expected to sustain long-term demand for lithium, copper, graphite and rare earths, the Fund sees Africa’s largely undeveloped mineral endowment as a key early-mover opportunity.
The Fund also intends to take minority strategic stakes in large-scale or near-producing assets with secure offtake arrangements, both directly and through listed producers.
On the domestic front, MIIF is cautiously optimistic about local equities. Improved macroeconomic conditions and a more resilient currency are expected to support measured growth on the local market.
In response, the Fund plans to build positions in manufacturing, consumer services and energy companies, focusing on listed instruments offering attractive entry valuations.
Global
Globally, MIIF’s equity strategy is shaped by the accelerating integration of artificial intelligence into the world economy.
It said while AI is opening up new revenue pools across technology and related sectors, the Fund notes that large technology firms must still demonstrate revenue growth that outpaces heavy investment outlays.
MIIF will therefore take selective exposure to U.S. technology, infrastructure and utility stocks positioned to benefit from AI-driven growth, with a preference for high-dividend-yielding equities.
The Fund’s fixed income strategy balances yield opportunities with liquidity and risk management.
Locally, MIIF expects moderate declines in short-term yields as disinflation and monetary easing continue.
It plans to participate in structured issuances by mine support and allied services companies within the mining value chain.
Internationally, concerns over a weaker U.S. dollar and elevated public debt levels in advanced economies are likely to fuel bond market volatility.
In response, MIIF will take tactical positions in short to medium-term U.S. Treasuries, as well as new issues by investment-grade technology, energy and financial services companies, alongside selective exposure to supranational and emerging market hard-currency debt.
Strategic orientation
Overall, MIIF says its 2026 strategic orientation is designed to deliver stable long-term returns while carefully managing downside risks across asset classes and regions.
By aligning its portfolio with global structural trends and domestic recovery prospects, the Fund aims to strengthen its role as a resilient, value-driven investor in an increasingly uncertain global environment.
Source:
www.graphic.com.gh
