The Tribune

The Bahamas International Securities Exchange (BISX) yesterday said it has added another listing to its mutual funds roster.

The exchange, in a statement, said the W Total Income Fund has successfully completed its mutual fund listing process and been listed.

The fund is incorporated as Bahamian International Business Company (IBC), and is 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: “The W Total Income Fund continues the growth of our fund listing facility. The exchange takes pride in the value of this facility to our international financial services industry, and the Bahamian professionals who work in this industry.

“We also want to take this time to wish an early congratulations to our sponsor member, the Winterbotham Group, who are celebrating their 35th anniversary of business this year.”

The Winterbotham Trust Company served as the BISX sponsor member that brought the W Total Income Fund to the exchange. The Winterbotham Trust Company has been appointed to serve as its administrator.