First Citizens Abercrombie Monthly Fixed Income Fund

Price | 11-Dec

20.00

2017 Return *

▲0.83%

2016 Return *

▲0.9%

2015 Return *

▲0.98%

2014 Return *

▲1.08%

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 First Citizens Abercrombie Monthly Fixed Income Fund is a fixed income mutual fund domiciled in Trinidad and Tobago. The fund was launched in 1998 and manages an estimated $5.4 billion (TTD) in assets (as at 2017-03-31).

According to the fund's prospectus, its investment objective is "to seek, in the first instance, high current income through investment in a range of intermediate to long term high quality debt instruments, treasury bills and notes, certificates of deposit and securities of all kinds including debentures, debenture stock, bonds, commercial paper and other obligations or evidence of debt and other securities issued or guaranteed by companies including securities of or underwritten by affiliates of the Investment Manager, the Trustee or First Citizens Bank Limited or any of them, corporations, governments, states, public bodies and authorities (municipal or local), or other bodies or authorities both present or future in any company, firm, consortium or entity whether situated in Trinidad & Tobago or elsewhere, to preserve capital and to provide growth potential with reduced risks. Interest and principal payments will be invested in similar instruments."

The fund is managed by First Citizens Asset Management Limited. The fund's trustee is First Citizens Trustee Services.



Stewardship

Trustee First Citizens Trustee Services
Manager First Citizens Asset Management Limited
Administrator NA
Sponsor First Citizens Bank 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: 500.00
Minimum Add. Investment: 100.00
Distrib. Frequency: Monthly
Distrib. Accrual Frequency: Daily
Fractional Units Allowed: Yes
Share Type: Open-End
Inception Date: Sept. 25, 1998
Assets Under Mgmt: TTD $5,388,964,192.00 (Mar 31, 2017)