Collective Investment Schemes/Mutual Funds – Fixed NAV and Floating NAV

Collective Investment Schemes (“CIS”), commonly known as mutual funds are investment vehicles, which allow the pooling of investor resources to create a more diversified portfolio and take advantage of the benefits of large-scale investment opportunities. Investors effectively own portions of the overall pool through units/shares, which are proportional to their …

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Registration of Trust Form Collective Investment Schemes as Reporting Issuers

Trinidad and Tobago Securities and Exchange Commission has been faced with certain challenges to the application of the Securities Act, 2012 (the SA 2012) and the Securities (General) By-laws, 2015, as they relate to the registration of Collective Investment Schemes (CISs) constituted via trust.  These challenges are based on the …

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Mutual Funds and the Christmas Season

With the Christmas season  upon us and the anticipated  increases in the levels of consumer spending, persons are at this time weighing  options for financing new purchases whether it be a car, travel or renovations to their home. An assessment of investors’ withdrawals from the Collective Investment Schemes/Mutual Funds from …

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