The Tribune

THE Bahamas International Securities Exchange (BISX) yesterday confirmed it has added another listing to its investment funds roster.

The exchange, in a statement, said the Oportunidad Global Fund SAC – Class D shares has successfully completed its mutual fund listing process and been listed on BISX.

The Fund, a Bahamian-incorporated International Business Company (IBC), is registered as a Segregated Accounts Company (SAC) under the provisions of the Segregated Accounts Companies Act 2004. 

This Fund is also licensed as a Smart Fund SFM007 under the SMART Funds Rules accompanying the Investment Funds Act 2019.

Holland Grant, BISX’s chief operating officer, said: “BISX is pleased to welcome the Oportunidad Global Fund Ltd SAC – Class D Shares to our funds Listing facility. 

“This represents the eighth fund of the Oportunidad Global Fund Ltd SAC to be listed on BISX - our first time listing a fund with this many sub-funds. 

“The ability to meet the needs of our sponsors who bring diverse product offerings to the exchange is a part of our commitment to creating a value-added partnership with our members,” Mr Grant added.

“I would encourage every multi-class fund to take time to learn about the BISX value proposition as a part of their search for services that they can offer to their clients.”

The Winterbotham Trust Company served as the BISX sponsor member that brought the Fund to the exchange. The Winterbotham Trust Company has been appointed to serve as the administrator of this fund.