Scotia Caribbean Income Fund

Price | 06-Sep

3.78

2017 Return *

▲4.57%

2016 Return *

▲3.63%

2015 Return *

▲1.45%

2014 Return *

▲5.18%

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 Scotia Caribbean Income Fund is a fixed income mutual fund domiciled in Jamaica. It manages an estimated $144.6 million (USD) in assets (as at 2017-08-31).

According to the fund's prospectus, its investment objective is "to provide a regular stream of income and modest capital gains by investing primarily in US dollar denominated fixed income securities issued or guaranteed by governments or government sponsored agencies of a country in the Caribbean Region, as well as money market and longer term fixed income securities issued by non government issuers in accordance with the Investment Policy below. The fund may also invest in other income generating securities, which may include dividend paying shares."

The fund is managed by Scotia DB&G Caribbean Income Fund Inc. The fund's trustee is State Street Bank and Trust Company Limited.



Stewardship

Trustee State Street Bank and Trust Company Limited
Manager Scotia DB&G Caribbean Income Fund Inc
Administrator NA
Sponsor NA
Advisor NA

Fund Details

Fund Status: Active
Asset Category: Fixed Income
Peer Group: Fixed Income Funds - USD
Sub-Peer Group: USD Medium to High Yield
Benchmark: None
Domicile: Jamaica
Currency: United States Dollar
NAV Type: Floating
Minimum Investment: 5,000.00
Minimum Add. Investment: None
Distrib. Frequency: Quarterly
Distrib. Accrual Frequency: Quarterly
Fractional Units Allowed: Yes
Share Type: Open-End
Inception Date: Oct. 1, 2009
Assets Under Mgmt: USD $144,600,000.00 (Aug 31, 2017)