BISX lists two new funds

BISX lists two new funds
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NASSAU, BAHAMAS — The Bahamas International Securities Exchange (BISX) has announced that two new Investment Funds have successfully completed the BISX Mutual Fund Listing Process and have been listed on the Exchange.

The newly listed funds are, Victorem Global Performance Fund Ltd and Harpenden Strategy Fund Ltd.

As a result, these Funds have now been added to the roster of Funds listed on the Exchange.

The Funds are incorporated as International Business Companies under the laws of the Commonwealth of The Bahamas and are licensed under the Investment Funds Act, 2019.

In speaking of the Listing, Ivan Hopper, Chief Executive Officer of The Winterbotham Trust Company Limited stated: “As the pandemic continues to provide uncertainty, we are extremely pleased with the listing of these funds, particularly as we continue working through curfews and a continuation of the work from home environment.

“Again, as we continue developing our fund services business working with the responsive BISX team supports a smooth and timely listing process, which generates big confidence for all stakeholders.

“As the Administrator with most funds under administration in The Bahamas, and the main sponsor of listed Funds with close to 50 percent of fund-related listings, partnering with BISX has become a key component of our offering and a key enhancer in our ability to attract funds to The Bahamas.

“Being able to continue our services and ability to list during these times is key to the success of the industry.”

Commenting on the listings, BISX Chief Executive Officer, Keith Davies said: “As we face this global pandemic, we will continue to focus on new business development, because it is very important for us to find new ways to add value to sectors of the Bahamian economy.

“Indeed, the financial services sector is one of those areas that requires focus and we are doing our part to enable its growth and development. We are pleased to add these new listings to our mutual fund listing facility and to be partnering with The Winterbotham Trust Company in offering value-added services.”

The Winterbotham Trust Company Limited served as the BISX Sponsor Member that brought the Funds to the Exchange.

Exmer Partners Limited is the Investment Manager and The Winterbotham Trust Company Limited has been appointed to serve as the Administrator of these funds.