Symbol
CMM
Fund Type
N/A
Min. Subscription
1,000
Currency
B$
Fund Manager
Colina Financial Advisors, Ltd.
Administrator
Colina Financial Advisors, Ltd.
Security ID
N/A
Listing Types
Primary Listing on BISX
Valuation Date
26/1/2024
NAV
2.330235
Bid
2.330235
Offer
2.330235
Yield
2.768526
YTD
0.2131
Category
10,000,000 Class A Non-Voting Redeemable Shares
Fund Details
The Colina Money Market Investment Fund is a professionally managed mutual fund, which seeks to achieve safety of principal and liquidity. The Fund is ideal for conservative investors who do not want to be exposed to excessive risk. The primary investment objective of the Fund is to preserve the principal value of the investment and provide next-day availability of funds. In addition, the Fund will seek to invest in assets that will provide income sufficient to pay returns to investors in competition with liquid unsecured bank deposits rates prevailing in The Bahamas.