Unit holders
buy units in
one of three Funds managed by us. The money they invest
is pooled and is in turn invested in a sector of the local
financial market, as appropriate to the specific fund.
The
Funds are all valued on a daily basis
and, based on these valuations, buying (the price at which
units will be encashed) and selling (the price at which
units are sold to the public) are arrived at.
Unit prices are increased whenever
the value of your investment increases. The reverse may
also sometimes occur.
The
unit prices are published in the
daily newspapers on Wednesdays in the Jamaica Observer and
on Fridays in the Financial Gleaner and are also to be found
on our website.
All
the investmentsof the Funds are held by the Trustees, -
currently MF &G Trust and Finance. Therefore, while Capital
& Credit Fund Managers are responsible for the management of
the Funds and their safe investment, we do not have the
investments in our possession.
The
Trustees also
act as Registrars for the Funds, maintaining registers of
unit holders, issuing certificates and the documentation
covering the ownership of units.
The Trustees have
special responsibilities. An important aspect of these responsibilities
is to see to it that the interests of the Funds and the
unit holders are not jeopardized by the actions of the Managers.
Operations
of Unit
Trust Schemes in Jamaica are regulated by the Financial
Services Commission (FSC)
We
Manage Investments in your
