Part of the Multiple Portfolio Fund approved by the FSC (Offering Circular)
The Barita Unit Trusts Fixed Rate Portfolio is similar to a mutual fund and allows investors to take advantage of investment opportunities in a wide variety of instruments. This product targets high net worth corporate and individual clients who may have liquidity requirements and short to medium term investment horizons.
Barita Investments Limited, the parent company of Barita Unit Trusts Management Company Limited is listed on the Jamaica Stock Exchange and is licensed by the Financial Services Commission. Assets in Barita’s Unit Trusts Fixed Rate Portfolio are held by an independent Trustee – CIBC FirstCaribbean International Securities Limited, as prescribed by the Trust Deed.
Under the Trust Deed, the investments and cash must be registered in the name of and held by the Trustee on behalf of the unit holders. This means that investors monies are 100% segregated from Barita as well as CIBC FirstCaribbean International Securities Limited.