Clico Investment Fund
Price | 15-Oct
2018 Return *
2017 Return *
2016 Return *
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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.
The Clico Investment Fund is a equity mutual fund domiciled in Trinidad and Tobago. It manages an estimated $4.7 billion (TTD) in assets (as at 2017-09-30).
According to the fund's prospectus, its investment objective is "to hold the Initial Assets [40,072,299 Republic Bank Limited ("RBL") Shares representing 25% of the issued share capital of RBL and the Trinidad Government Securities with aggregate face value of aggregate face value of $702,866,700. TTD] and the Additional RBL Shares [additional RBL shares acquired in accordance with the provisions of the fund's trust deed], in the event that they become part of the Deposited Property, for a period of ten (10) years subject to the terms described in the section below "Termination of the Fund". These assets will be in the form of:
- The RBL Shares
- The Government Securities
The Fund is not a performance driven fund hence this investment objective will not change regardless of the performance of the Deposited Property.
The Fund shall not borrow cash or provide a security interest over any of the Deposited Property." The fund's trustee is CLICO Trust Corporation Limited.
|Trustee||CLICO Trust Corporation Limited|
|Administrator||Republic Financial Holdings Limited|
|Sponsor||Government of Trinidad and Tobago|
|Peer Group:||Equity Funds - TTD|
|Domicile:||Trinidad and Tobago|
|Currency:||Trinidad and Tobago Dollar|
|NAV Type:||Listed Price|
|Minimum Add. Investment:||None|
|Distrib. Accrual Frequency:||Semi-Annually|
|Fractional Units Allowed:||Yes|
|Share Type:||Closed End|
|Inception Date:||Nov. 1, 2012|
|Assets Under Mgmt:||TTD $4,668,046,739.00 (Sep 30, 2017)|