Fund Type

N/A

Min. Subscription

$5,000

Currency

B$

Fund Manager

Royal Fidelity Merchant Bank & Trust

Administrator

Royal Fidelity Merchant Bank & Trust

Security ID

N/A

Listing Types

Primary Listing on BISX

Valuation Date

31/11/2015

NAV

9.9629

Bid

9.7391

Offer

9.7391

Yield

1.55

YTD

2.7600

Category

150,500 Non-voting, Participating Class N Shares having a par value of B$0.001 per share

Fund Details

Total Index Global Return Securities (TIGRS) are five-year closed-end funds linked to the performance of selected global indices through Exchange Traded Funds (ETFs). TIGRS 4 focuses on the tremendous prospects for growth within Emerging Markets such as China, Russia, Brazil, India and others, by linking to the MSCI Emerging Markets with a 60% weighting. Recognizing that large multinational companies located in Developed Markets will continue to make inroads into these countries through joint ventures and mergers, the fund also allocates 20% to the S&P 500 and 20% to the MSCI Europe, Australasia, and Far East (EAFE) Indices. The fund provides Bahamian investors with 100% principal protection over the five-year time period.