BOSL Global Investment Fund Launches Pioneering Diversified Mutual Fund in the OECS
Written by Radio Caribbean International on January 31, 2024
The Bank of Saint Lucia Limited (BOSL) proudly announces the launch of the BOSL Global Investment Fund (the Fund), the first ever indigenous mutual fund, marking a milestone in the financial landscape in Saint Lucia and the wider Eastern Caribbean Currency Union (ECCU). This innovative mutual fund demonstrates our unwavering dedication to empowering individuals and corporations to achieve their financial aspirations.
The BOSL Global Investment Fund is a professionally managed investment opportunity that pools money from many investors to invest in stocks, bonds, or other securities, with the returns and risks shared by the investors.
The Fund is denominated in USD and introduces three options, called “Sub-Funds”, each meticulously crafted to cater to a variety of investment preferences and objectives:
Global Growth Fund – Maximize Returns
Tailored for investors with long-term horizons seeking high growth opportunities. This sub-fund offers diversified equity investments aimed to maximize returns over time.
Global Balanced Fund – Capital Appreciation and Income Maximization
Designed for long-term investors seeking a mixture of growth and income, this fund blends bonds and equities to provide steady returns with growth opportunities.
Global Income Fund – Maximizing Income and Preserving Capital
For investors valuing income and capital preservation, this fund is tailored to maximize income while safeguarding capital. It introduces a unique feature called “Share Accumulation Dividends,” enabling investors to receive additional shares as dividends, periodically.
Medford Francis, Director at BOSL Global Investment Fund, remarked, “We are thrilled to introduce the BOSL Global Investment Fund to the public, which is a testament to our dedication to providing innovative and diverse investment solutions to St. Lucians and the rest of the Caribbean. These three distinct funds empower investors at all levels to make their money work for them.”
The BOSL Global Investment Fund offers an array of benefits, including daily valuation, diversification, liquidity, and expert management, equipping investors with the tools and resources they need to achieve their financial goals.
To complement the fund’s launch, BOSL will embark on an extensive educational campaign to ensure potential investors comprehend the benefits and risks associated with global equity investments.
BOSL Global Investment Fund invites investors to explore its offerings and embark on a journey towards financial success.
Continue reading
