The Fund is a sub fund of the Bahamas Opportunities umbrella fund. The fund seeks to provide long-term capital appreciation by investing in Bahamian dollar-denominated equities across all sectors. The fund holds nearly all the listed equities on the Bahamas International Securities Exchange (BISX) and seeks additional diversification and return from unlisted securities and private placements.
| Key Fund Details | |
|---|---|
| Inception | November 2012 |
| Open to Investment | Yes |
| Size | 120.2M |
| Type | Bahamian Equity |
| Currency | B$ |
| Min Sub Size | $500 |
| Min Add Sub | $100 |
| Redemptions Fee |
Declining Surrender Charge (DSC). Redemptions that occur within the period following initial investment will incur the following charges: 0-24 months – 2% 25-36 months – 1.5% 37-48 months – 1.0% 49-60 months – 0.5% Thereafter $50 processing fee |
| NAV Frequency | Monthly |
| Fidelity Bank (Bahamas) | 14.50% |
| Doctors Hospital | 13.85% |
| SEC CLASS A (Private Equity) | 8.81% |
| FINCO | 7.78% |
| Cable Bahamas | 6.40% |
| Type | Detail |
|---|---|
| Management and Administration | 2% |
| Front End Fee | Up to 2% (optional) |
| Redemption Fee | Declining Surrender Charge (DSC). Redemptions that occur within the period following initial investment will incur the following charges: |
| 0-24 months – 2% | |
| 25-36 months – 1.5% | |
| 37-48 months – 1.0% | |
| 49-60 months – 0.5% | |
| Thereafter $50 processing fee |
