Symbol

LOUS

Fund Type

Open ended fund

Min. Subscription

USD 500,000. Additional Subscription USD 50,000

Currency

USD

Fund Manager

UCAP Bahamas Limited

Administrator

The Winterbotham Trust Company Limited

Security ID

N/A

Listing Types

Primary Listing on BISX

Valuation Date

The last business day of every calendar month

NAV

103.91

Bid

103.91

Offer

103.91

Yield

N/A

YTD

0.0000

Category

1,500,000 non-voting, redeemable, participating shares of USD 0.01 par value 

Fund Details

The Investment Objective of the Company is to seek long term capital appreciation, through investments made by the Company primarily in loans to Cirdore Trading S.A. (“Cirdore”), a company incorporated in Uruguay that purchases consumer credits from microfinance companies. It is anticipated that all or a large percentage of the credits will be purchased by Cirdore from Microfinanzas de Uruguay S.A. (“Microfin”), a company located in Montevideo, Uruguay and licensed by the Central Bank of Uruguay as a Credit Administrator. The Fund shall not purchase credits directly or have any sort of claim on credits. The Fund shall grant loans to Cirdore, that shall in turn invest the loan proceeds in the purchases of credits from Microfin.

Participating shares issued by the Lending Opportunity Fund Ltd. Class USD