JMMB USD Income Fund

Price | 17-Oct

10.67

2017 Return *

▼-1.11%

2016 Return *

▲4.76%

2015 Return *

▲6.85%

2014 Return *

▼-2.07%

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 JMMB USD Income Fund is a fixed income mutual fund domiciled in Trinidad and Tobago. The fund was launched in 2004 and manages an estimated $2.7 million (USD) in assets (as at 2011-04-30).

According to the fund's prospectus, its investment objective is "to provide US dollar capital preservation over the medium-term and to earn high income by investing primarily in fixed-income instruments, denominated in US dollars."

The fund is managed by AIC Financial Group Limited. The fund's trustee is NCB Global Finance Limited.



Stewardship

Trustee NCB Global Finance Limited
Manager AIC Financial Group Limited
Administrator NA
Sponsor AIC Financial Group Limited
Advisor AIC Capital Market Brokers Limited

Fund Details

Fund Status: Active
Asset Category: Fixed Income
Peer Group: Fixed Income Funds - USD
Sub-Peer Group: USD Floating NAV Income
Benchmark: GBMI
Domicile: Trinidad and Tobago
Currency: United States Dollar
NAV Type: Floating
Minimum Investment: 1,000.00
Minimum Add. Investment: 500.00
Distrib. Frequency: Quarterly
Distrib. Accrual Frequency: Daily
Fractional Units Allowed: Yes
Share Type: Open-End
Inception Date: Nov. 1, 2004
Assets Under Mgmt: USD $2,668,606.00 (Apr 30, 2011)