FOR IMMEDIATE PUBLICATION – Thursday, June 26, 2014
The Bahamas International Securities Exchange (BISX) is pleased to announce that the Nalbra Fund Inc. and Lyndhurst Fund Corp. have successfully completed the BISX Mutual Fund Listing Process and have now been added to the roster of funds listed on the Exchange.
Nalbra Fund Inc. is a Professional Investment Fund under the Investment Funds Act, 2003 and is incorporated under the International Business Companies Act, 2000. This Fund is a non diversified, open end fund, which seeks capital appreciation by investing in a variety of instruments and financial products.
Lyndhurst Fund Corp. is also a Professional Investment Fund under the Investment Funds Act, 2003 and is incorporated under the International Business Companies Act, 2000. This Fund is a non diversified, open end, investment fund that seeks capital appreciation by investing in a variety of instruments and financial products.
BISX Chief Executive Officer; Keith Davies commented on the listing of the Mutual Funds. “We are pleased to add two new mutual funds to our Mutual Fund Listing Facility and are pleased that Credit Suisse Nassau Branch has continued to offer our Mutual Fund Listing Facility as a value added service to its clients. We are continuing to aggressively pursue additional listing opportunities for the Exchange, and I am happy to report that our efforts are resulting in positive responses and renewed interest from various market participants both locally and internationally.”
Credit Suisse, AG, Nassau Branch served as the BISX Sponsor Member that brought these Funds to the Exchange. Credit Suisse AG, Nassau Branch has been appointed as the Administrator for both funds.
NOTE: Attached to this Press Release is the BISX Formal Trading Notice for Nalbra Fund Inc. and for Lyndhurst Fund Corp. These notices advise the public of the securities to be listed on the Exchange and the trading symbol of these listed securities.
For Additional Information Contact:
Elude Michel-Sturrup
Tel: 242-323-2330
Fax: 242-323-2320
Email: info@bisxbahamas.com