Part of the Multiple Portfolio Fund approved by the FSC (Offering Circular)
The Barita Unit Trusts Real Estate Portfolio is similar to a mutual fund that enables small and large investors to pool their savings in a common fund with the potential of earning higher rates. It allows investors to take advantage of investment opportunities in a wide variety of instruments that would not normally be available to them as individual investors.
The Portfolio is JA$ denominated with investments in commercial or residential buildings for lease or sale and may also become financiers of real property developments and or participate in construction or financing of such structures.
This portfolio is for investors who are investing for the long term (5 to ten years) and are interested in providing a hedge against inflation.
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 Real Estate Portfolio are held by an independent Trustee – First Caribbean 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 First Caribbean International Securities Limited.