Financial Freedom

Unit Trust

What is a Unit Trust

A Unit Trust is a form of collective investment constituted under a Trust Deed. A Unit Trust pools investors’ money into a single fund, which is managed by a fund manager.Collective Investment Schemes in Jamaica are governed by the provisions of the Securities Acts and are regulated by the Financial Services Commission (FSC), a government body established to regulate the operations of Securities Dealers.

  • The investor’s ownership in the Fund is defined by the number of Units they hold.
  • These investors are called Unit Holder
  • The Unit prices is called the “net asset value” (NAV).

The CUMAX Funds

Our suite of six Unit Trust solutions called the CUMAX Funds offer clients the opportunity to diversify their portfolios by providing a range of investment options with the potential for higher returns.

CUMAX Funds Offering Circular – Click here to download

CUMAX Money Market Fund

Suitable for investors who are conservative and income oriented. It is the ideal place to place cash which may be needed in the short-term pending a longer-term investment decision. 

CUMAX FX Fund (to be launched in 2019)

Medium to long-term fixed income investments which gives a high income yield, and preference shares and listed companies with a high dividend yield.The Fund will exclusively invest in debt instruments.

CUMAX Equity Fund (to be launched in 2019)

Investors seeking a well-diversified portfolio of stocks to maximize long term growth of capital with moderate dividend income should invest in the CUMAX Equity Portfolio. The Portfolio is intended to be a medium to long term investment.

We would love to hear from you call or email

2a Manhattan Road,
Kingston 5.

Tel: 1 876 926-7767
Fax: 1 876 929-1050

info@cufmco.com

CUMAX Liquidity Fund (to be launched in 2019)

The fundamental investment objective of the CUMax Liquidity Fund is to earn a moderate level of income consistent with capital preservation and liquidity by investing primarily in Jamaican dollar instruments. . 

CUMAX FX Bond Fund (to be launched in 2019)

The fundamental investment objective of the portfolio is to generate a stable level of income and capital appreciation by investing in high yielding medium to long term USD denominated sovereign and corporate debt instruments. The Fund will exclusively invest in debt instruments. 

CUMAX Loan Fund (to be launched in 2019)

The fundamental investment objective of the CUMAX Loan Fund is to earn the highest level of income consistent with capital preservation and liquidity by investing primarily in Jamaican dollar money market instruments.