Bourse SavInvest Structured Investment Fund

Price | 12-Oct

100.00

2017 Return *

▲1.27%

2016 Return *

▲1.51%

2015 Return *

▲1.51%

2014 Return *

▲1.66%

Currency

TTD

* 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.



Fund Description

The Bourse SavInvest Structured Investment Fund is a fixed income mutual fund domiciled in Trinidad and Tobago. The fund was launched in 2003 and manages an estimated $99.4 million (TTD) in assets (as at 2016-12-31).

According to the fund's prospectus, its investment objective is "to generate investment returns which are superior to benchmark money market rates while providing for acceptable levels of liquidity and credit risk by investing primarily in a diversified portfolio of debt securities instruments and contracts... which are collateralized mainly by marketable securities and with a concentration of such financial instruments registered or domiciled in Trinidad and Tobago."

The fund is managed by Bourse Securities Limited. The fund's trustee is First Citizens Trust and Merchant Bank Limited.



Stewardship

Trustee First Citizens Trust and Merchant Bank Limited
Manager Bourse Securities Limited
Administrator Bourse Securities Limited
Sponsor Bourse Securities Limited
Advisor NA

Fund Details

Fund Status: Active
Asset Category: Fixed Income
Peer Group: Fixed Income Funds - TTD
Sub-Peer Group: TTD Fixed NAV Income
Benchmark: None
Domicile: Trinidad and Tobago
Currency: Trinidad and Tobago Dollar
NAV Type: Fixed
Minimum Investment: 10,000.00
Minimum Add. Investment: 1,000.00
Distrib. Frequency: Quarterly
Distrib. Accrual Frequency: Daily
Fractional Units Allowed: Yes
Share Type: Open-End
Inception Date: April 15, 2003
Assets Under Mgmt: TTD $99,372,260.00 (Dec 31, 2016)