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Karl Lewin
Managing Director
BARITA UNIT TRUSTS
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WHAT IS A UNIT TRUST/MUTUAL FUND?

A Unit Trust/Mutual Fund is an investment vehicle which enables small and large investors to pool their savings in a common fund so as to take advantage of investment opportunities in a wide variety of instruments that would not normally be available to them as individuals.

  • The funds are pooled and invested in selected portfolios which are professionally managed to maximize the greatest returns to the investor.
  • The pool is divided into Units that are valued on a daily or weekly basis as the market determines.
  • What the public purchases are Units in the fund?
ARE THE FUNDS SAFE?

Assets in the Money Market Fund are held by an independent Trustee - First Caribbean International Securities Ltd., as prescribed by the Trust Deed. Under the Trust Deed, the investments and cash must be registered in the name of and held by a Trustee on behalf of the unit holders. This means that investors are 100% secured and segregated from Barita as well as First Caribbean International Securities Ltd.

 

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