NASSAU, BAHAMAS – Many Bahamians on Monday took advantage of the first day opportunity to purchase shares in the Titan Balanced Fund and the Titan Fixed Income Fund, offered by Investar Securities Limited.
Two weeks ago, Island Luck CEO, Sebas Bastian announced that he would provide Bahamians with the opportunity to regain wealth in their own country through these two investments funds. And yesterday, McClain Pinder who signed up to purchase shares told Eyewitness News Online that it was an opportunity that he had to take advantage of.
“I understand the investment part of things. I am a small business owner and I understand what needs to be able to take place in one’s life to be able to excel,” Pinder said. “If you don’t invest, at the end of the day you won’t get back a return.
“I think this is a great opportunity for the small man. I know for sure that at the end of the day this is an open door opportunity for Bahamians to participate in the wealth of the Bahamas.”
Another investor, Dan Ritchie, said that he was waiting for the perfect opportunity to invest and when the announcement was made two weeks ago, ‘he jumped at the opportunity’ on Monday to purchase shares.
Upon making the announcement some two weeks ago at the OWN Talks event, Bastian said both funds will allow Bahamians to buy shares in Island Luck, in all of its government buildings and into every major opportunity in its portfolio.
The Titan Balanced Fund shares are being sold at five dollars per share with a minimum investment of 500 dollars and the titan fixed income fund shares, which are geared more towards corporate investors are being sold at 10 dollars per share with a minimum investment of 1,000 dollars.
The first investment period ends a month from now on July 2 and another investment period begins the day after.
Persons can visit the Investar Securities head office on Bay Street, Cash n’ Go or Green Leaf Financial Services to purchases shares in any of the Titan Funds.