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
- 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
iscalled the “net asset value” (NAV).
Our suite of six Unit Trust solutions called the CUMAX Funds
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 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 B ond 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