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Guarany Partners fund lists on BISX

The Bahamas International Securities Exchange (BISX) has announced that shares of Guarany Partners II Fund Ltd. SAC Class A Investor Shares (the “Class A Shares”) as well as Guarany Partners II Fund Ltd. SAC Class B Investor Shares (the “Class B Shares”) have successfully completed the BISX Mutual Fund Listing Process. As a result, these shares have now been added to the roster of funds listed on the Exchange. Guarany Partners is an open-ended investment fund. 

Source:
Date:
Updated:
Bahamas International Securities Exchange
Wednesday, April 6, 2016
Wednesday, April 6, 2016

BISXThe Bahamas International Securities Exchange (BISX) is pleased to announce that shares of Guarany Partners II Fund Ltd. SAC Class A Investor Shares (the “Class A Shares”) as well as Guarany Partners II Fund Ltd. SAC Class B Investor Shares (the “Class B Shares”) have successfully completed the BISX Mutual Fund Listing Process. As a result, these shares have now been added to the roster of funds listed on the Exchange. Guarany Partners is an open-ended investment fund.

Note: Any reference to stocks, funds, investments or any underlying recommendation does not reflect the opinion of The Bahamas Investor or any of its contributors.

Guarany Partners is incorporated as an International Business Company under the laws of the Commonwealth of The Bahamas and is registered as a Professional Investment Fund.

BISX Chief Executive Officer, Keith Davies commented on the listing of the Mutual Fund, “We continue to be pleased with the traction being experienced by our Mutual Fund Listing Facility and are encouraged by the growth in this sector of our market. Winterbotham is a huge advocate of our mutual fund listing facility which continues to be a value added option for financial services providers.”

In speaking of the Listing, Ivan Hopper, Chief Executive Officer of The Winterbotham Trust Company Limited stated: “We are very pleased to continue sponsoring the listing of funds with BISX. We continue to see an increase in funds wishing to list and are certain of further fund listings in the next couple of months; our Company is the largest fund Administrator by number of funds in The Bahamas, and we to continue see growth in our Fund Services division. Listing with BISX is a key enhancer to our offering and our ability to attract funds to The Bahamas¨

The Winterbotham Trust Company Limited served as the BISX Sponsor Member that brought this Fund to the Exchange. The Winterbotham Trust Company Limited has been appointed as the Administrator for the fund. Winterbotham Asset Management Limited acts in capacity of Investment Manager.

NOTE: Attached to this Press Release is the BISX Formal Trading Notice for the Class A Shares as well as the Class B Shares. This notice advises the public of the security to be listed on the Exchange and the trading symbol of the listed securities.

For Additional Information Contact:

Elude Michel-Sturrup

Tel: 242-323-2330

Fax: 242-323-2320

Email: info@bisxbahamas.com

The Minister of Financial Services Hope Strachan has released a statement following the recent leak of information by legal firm Mossack Fonseca based in Panama. Read the statement here.

The Boards of Governors of the Inter-American Development Bank and the Inter-American Investment Corporation will hold their Annual Meeting in The Bahamas 7-10 April. This official gathering is a forum for discussion among the institution's governors, most of whom are Ministers of Finance, presidents of Central Banks, or other high-level authorities of the member countries. Representatives of multilateral financial institutions, development agencies, and private banks will also attend.

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