First Citizens Paria Monthly Fixed Income Fund

Price | 08-Dec

10.00

2017 Return *

▲0.73%

2016 Return *

▲0.8%

2015 Return *

▲0.86%

2014 Return *

▲0.94%

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.



Fund Description

The First Citizens Paria Monthly Fixed Income Fund is a fixed income mutual fund domiciled in Trinidad and Tobago. The fund was launched in 2004 and manages an estimated $243.7 million (USD) 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 short to intermediate 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 denominated in US Dollars issued or guaranteed by companies including securities of or underwritten by affiliates of the Investment Manager, the Trustee/Custodian or any of them, corporations, governments, states, public bodies and authorities municipal or local or other bodies or authorities both present and future in any company, firm, consortium or entity whether situated in Trinidad and Tobago or elsewhere to preserve capital and to provide growth potential with reduced risks. "

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 First Citizens Asset Management Limited
Sponsor First Citizens Asset Management Limited
Advisor NA

Fund Details

Fund Status: Active
Asset Category: Fixed Income
Peer Group: Fixed Income Funds - USD
Sub-Peer Group: USD Fixed NAV Income
Benchmark: GBMI
Domicile: Trinidad and Tobago
Currency: United States Dollar
NAV Type: Fixed
Minimum Investment: 100.00
Minimum Add. Investment: None
Distrib. Frequency: Monthly
Distrib. Accrual Frequency: Daily
Fractional Units Allowed: Yes
Share Type: Open-End
Inception Date: Sept. 1, 2004
Assets Under Mgmt: USD $243,744,538.00 (Mar 31, 2017)