ANSA US$ Secured Fund - Class A

Price | 11-Dec

200.00

2017 Return *

▲0.92%

2016 Return *

▲1.0%

2015 Return *

▲1.0%

2014 Return *

▲1.23%

Currency

USD

* Returns are bid-bid with the reinvestment of distributions (unannualized).

The fund's price is adjusted for the distributions reinvested on the Reinvestment Date.   Distributions are accrued according to the fund's Accrual Frequency.   Price data are forward-filled on weekends, holidays and other no-quote days.   Returns are not load-adjusted. Bid-to-Bid return is used where applicable.   The Growth of $10,000 (y-axis) is shown using a logarithmic scale.


Special Notes

As at June 30, 2009, subscriptions to the fund were temporarily suspended. The fund is currently closed to new investors.



Fund Description

The ANSA US$ Secured Fund is a fixed income mutual fund domiciled in Trinidad and Tobago. The fund was launched in 2007 and manages an estimated $20.9 million (USD) in assets (as at 2016-12-31).

According to the fund's prospectus, its investment objective is "is to seek to generate investment returns which are superior to all US$ fixed income mutual funds registered in Trinidad and Tobago, while providing for acceptable levels of liquidity and credit risk by investing primarily in a diversified portfolio of debt securities, equities, instruments and contracts which are backed mainly by marketable securities. Interest income, capital gain and preservation of capital will be important, though not the only, investment considerations for the fund. The fund may invest in securities and contracts, including sovereign debt, issued in countries other than Trinidad and Tobago, which are expected to provide high income yield and are not expected to cause deterioration in capital values. The fund will focus on building and maintaining a portfolio of debt instruments, which are secured or backed by marketable securities. In selecting debt securities and contracts denominated in currencies other than US$, the Investment Manager will consider, among other factors, the effect of movements in currency exchange rates on the dollar value of such securities."

The fund is managed by ANSA Merchant Bank Limited. The fund's trustee is FirstCaribbean International Banking & Financial Corporation Limited.



Stewardship

Trustee FirstCaribbean International Banking & Financial Corporation Limited
Manager ANSA Merchant Bank Limited
Administrator ANSA Merchant Bank Limited
Sponsor ANSA Merchant Bank Limited
Advisor NA

Fund Details

Fund Status: Active (CNI)
Asset Category: Fixed Income
Peer Group: Fixed Income Funds - USD
Sub-Peer Group: USD Fixed NAV Income
Benchmark: None
Domicile: Trinidad and Tobago
Currency: United States Dollar
NAV Type: Fixed
Minimum Investment: 5,000.00
Minimum Add. Investment: None
Distrib. Frequency: Quarterly
Distrib. Accrual Frequency: Daily
Fractional Units Allowed: Yes
Share Type: Open-End
Inception Date: Oct. 1, 2007
Assets Under Mgmt: USD $20,914,000.00 (Dec 31, 2016)