FOR IMMEDIATE PUBLICATION – Monday, 26 January 2015
The Bahamas International Securities Exchange (BISX) is pleased to announce the W Invest Fund Limited, SAC Segregated Account A shares have successfully completed the BISX Mutual Fund Listing Process. As a result, these shares have now been added to the roster of funds listed on the Exchange. The W Invest Fund Limited, SAC Segregated Account A is an open-ended investment fund of the W Invest Fund Limited.
W Invest Fund Limited, SAC Fund is incorporated as an International Business Company under the laws of the Commonwealth of The Bahamas and was restructured as a Segregated Accounts Company as defined in the Segregated Accounts Companies Act, 2004.
BISX Chief Executive Officer; Keith Davies commented on the listing of the Mutual Fund. “We are pleased to have been able to provide a platform where the creativity and innovation of our Financial Services providers can be put to good use for the benefit of investors. W Invest Fund Limited, SAC – Segregated Account A, serves as the first fund to be listed by the The Winterbotham Trust Company Limited as Sponsor Member. Winterbotham is an original shareholder of BISX and continues to support the Exchange by bringing unique investment products to the Exchange.”
In speaking of the Listing, Ivan Hopper, Chief Executive Officer of The Winterbotham Trust Company Limited stated: “We are extremely pleased to have listed W Invest Fund Limited, A shares, with other classes to follow soon. We are also certain of further fund listings, our Company is the largest fund administrator by number of funds in The Bahamas, and we expect to continue to sponsor funds to become listed on the Exchange. Listing is key as it further enhances our offering and our ability to attract funds to The Bahamas¨
The Winterbotham Trust Company Limited served as the BISX Sponsor Member that brought this Fund to the Exchange. The Winterbotham Trust Company Limited has been appointed as the Administrator to the fund.
NOTE: Attached to this Press Release is the BISX Formal Trading Notice for W Invest Fund Limited, SAC – Segregated Account A. This notice advises the public of the security to be listed on the Exchange and the trading symbol of the listed security.
For Additional Information Contact:
Elude Michel-Sturrup
Tel: 242-323-2330
Fax: 242-323-2320
Email: info@bisxbahamas.com