Republic Caribbean Equity Fund

Price | 11-Dec

61.20

2017 Return *

▲8.1%

2016 Return *

▼-0.35%

2015 Return *

▲4.81%

2014 Return *

▲1.72%

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.


Special Notes

This fund was formerly known as the "Republic Caribbean Basin Fund".


Fund Description

The Republic Caribbean Equity Fund is a equity mutual fund domiciled in Trinidad and Tobago. The fund was launched in 1999 and manages an estimated $161.6 million (TTD) in assets (as at 2016-12-31).

According to the fund's prospectus, its investment objective is "to seek long-term growth of capital by investing primarily in a diversified portfolio of equity securities of issuers domiciled in but not limited to Trinidad and Tobago and the Caribbean Basin countries. Equity securities include common and preferred stock, convertible debt securities and rights to acquire such securities. Current income from dividends and interest is not an important consideration in the selection of portfolio securities. The Trustee anticipates that, under normal market conditions, at least 60% of the total assets of the Trust will consist of common stock and securities convertible into common stock. "

The fund is managed by Republic Financial Holdings Limited. The fund's trustee is Republic Finance and Merchant Bank Limited.



Stewardship

Trustee Republic Finance and Merchant Bank Limited
Manager Republic Financial Holdings Limited
Administrator NA
Sponsor Republic Financial Holdings Limited
Advisor Republic Financial Holdings Limited

Fund Details

Fund Status: Active
Asset Category: Equity
Peer Group: Equity Funds - TTD
Sub-Peer Group: None
Benchmark: None
Domicile: Trinidad and Tobago
Currency: Trinidad and Tobago Dollar
NAV Type: Floating Bid/Ask
Minimum Investment: 2,000.00
Minimum Add. Investment: 200.00
Distrib. Frequency: Annually
Distrib. Accrual Frequency: Annually
Fractional Units Allowed: Yes
Share Type: Open-End
Inception Date: Sept. 20, 1999
Assets Under Mgmt: TTD $161,566,924.00 (Dec 31, 2016)