Equity Funds

Bermuda Fund

Objective

To provide long-term capital growth and current income by investing in a diversified portfolio of Bermuda assets. These assets may consist of:

• Equity securities of companies either incorporated in Bermuda or having a substantial presence in Bermuda
• Debt securities of those companies and the Bermuda Government
• Bank deposits, mortgages, and other financial assets, which the Manager determines as being consistent with the investment objectives of the Fund

This Fund is Bermuda dollar-denominated and has some restrictions as to who can invest.

 

Investment Strategy

The primary objective is for long-term capital growth and current income by investing in Bermuda and Bermuda-based International equities.

Risk/Return Profile

Moderate risk/Moderate return

Minimum Investment Required

BMD 1,000

Features and Benefits

• Superior performance, high yields: has outperformed the Bermuda Stock Exchange Index since the fund’s inception in March of 1994
• Choice of regular income or reinvestment:quarterly dividend payable in BMD or reinvestment options available
• Cost-efficient management:there are no front or back-end fees on this fund; management fee of 0.75% (75 basis points)

Income Distribution:

Dividend payable in BMD dollars or reinvestment options

Management Fee

0.75%

Bermuda Fund

Global Blue Chip Fund

Objective

To achieve long-term capital growth in the value of assets, which are benchmarked against a portfolio of 100% global blue chip equities. “Blue chip” is defined as an internationally recognised company, often the leader in its field, with a lengthy history of profit growth and quality management.

Investment Strategy

Investments are selected from a universe of ten global industry sectors based on a combination of qualitative and quantitative factors. The style may be categorised as a combination of growth and value. The portfolio’s exposure to any given sector is determined by both macro-economic and valuation considerations and with reference to the sector’s weight within a broad global index of over 1,400 companies and 23 countries.

The Fund holds a diversified portfolio of US and International stocks. Management’s strategy is to keep the Fund fully invested at all times except at market extremes, when it may elect to hold a portion in cash or cash equivalents.

Risk/Return Profile

High risk/High return

Minimum Investment Required

USD 5,000

Features and Benefits

• Diversified, high-grade investments for long-term capital appreciationlong-term capital growth, as well as accumulation of investment income, through a portfolio of blue chip securities over a minimum period of five years.
• Low initial and subsequent investment
  • USD Initial investment of USD 5,000
  • Subsequent minimum investments of USD 1,000
• Cost-efficient managementthe total management and custody fees combined are 1.00% per annum of the net asset value of the Fund.

Management Fee

1.00%

Bermuda Fund