JMMB Investments (Trinidad and Tobago) Limited (JMMBTT) has launched five new mutual funds while Sagicor Asset Management Inc (SAMI) has launched the Sagicor Renewable Energy Fund (class A cell shares) through Sagicor Special Opportunity Funds SCC (Segregated Cellular Company).

The JMMBTT funds include the United States dollar (USD) Regional Sovereign Bond Fund, USD International Corporate Bond Fund, Global Equities Fund and USD plus Trinidad and Tobago dollar (TTD) Optimal Funds. These compliment the TTD and USD Income Funds offered by JMMBTT already.

 

The first three funds are being offered through the initial period of March 25 to April 22 with the Regional Sovereign and International Corporate Bond Funds costing US$25 ($3,875) per share while the Global Equities Fund and Optimal Funds costs US$10 and TT$10. The minimum units to subscribe to the Regional and International Bond Funds is eight units, 20 units for the Global Equities Fund, 10 units for the USD Optimal Fund and 50 units for the TTD Optimal Fund.

https://www.jamaicaobserver.com/business-report/jmmb-sagicor-launch-new-funds_248132