The HFC Equity Fund is a Medium risk fund operating in a similar way to the HFC Unit Trust. The HFC Equity Fund's investments are in Shares of Companies listed on the Ghana Stock Exchange and other regional exchanges.

The HFC Equity Fund will provide investors with capital Growth in the long term and an annual income. This should appeal to Ghanaians who are familiar to receiving both annual dividends and capital gains on their investments. This helps in also keeping the unit price at a reasonable price so as to widen the savings bracket.

Investments in this fund should be considered for a minimum of 3 to 5 years.
The risk factor is minimized through the Divers Spread of Selected Equities. Thus, a fall in value of some shares should be cushioned by a rise in others.