Overview
Sagicor Select Funds Limited is a public company which has the primary purpose of trading in securities listed on recognized exchanges. The Company is comprised of five (5) classes of shares; with a management share class and the remaining four classes each representing a separate fund within the Company. The Sagicor Financial Select represents one of the classes of ordinary shares of Sagicor Select Funds Limited.
Benefits
The benefits of holding the Sagicor Financial Select include:-
• The opportunity to invest in the most profitable companies on the JSE through by investing in one stock.
• Shares of the fund can be bought or sold similar to an ordinary stock on the Jamaica Stock Exchange.
• Exposure to large, established Jamaican companies.
• Low cost and efficient method to investing in Jamaican stocks.
• Trades of the LEFs on the Main Market of the JSE are exempt from Transfer Tax and Stamp Duty.
• Use at the core of portfolio to achieve balance growth and be held for short or long term.
• Reduce the impact of company-specific risk within an investment portfolio.
• Potential attractive dividends yield.
To view the Prospectus for the Sagicor Select Funds Limited IPO, click here.
Sagicor Financial Select Fund
The Sagicor Financial Select Fund will primarily invest in securities that are listed on the JSE (the Junior Market and the Main Market). The investment objective is to track the Financial Index as established by the Jamaica Stock Exchange. The Sagicor Financial Select Fund seeks to provide investment results that, before expenses and fees, correspond generally to the price and yield performance of the securities that comprise the Financial Index.
Current Price |
Nav Price |
Daily NAV Change |
YTD NAV Change |
Expense Ratio |
| $0.40 | $0.58 | -$0.18 | $-0.06 | 0.03% |
Performance
Fund Composition
Name |
Quantity |
Portfolio Cost |
Current Value |
Portfolio Percentage |
| PROVEN INVESTMENTS LTD | 750,000 | $25,557,656.48 | $2,507,336,377.50 | 46.79% |
| SAGICOR GROUP JAMAICA LTD | 13,787,731 | $695,831,395.55 | $558,403,105.50 | 10.42% |
| NCB FINANCIAL GROUP LTD | 8,807,137 | $1,681,971,362.55 | $546,042,494.00 | 10.19% |
| SCOTIA GROUP JAMAICA LTD | 12,578,986 | $685,973,650.40 | $541,651,137.16 | 10.11% |
| GUARDIAN HOLDINGS LIMITED | 700,000 | $539,000,000.00 | $252,000,000.00 | 4.70% |
| PAN-JAMAICAN INVESTMENT TRUST LTD | 4,561,955 | $441,998,353.00 | $218,061,449.00 | 4.07% |
| BARITA INVESTMENTS LTD | 2,900,747 | $179,469,859.00 | $206,388,149.05 | 3.85% |
| JMMB GROUP LTD | 7,918,810 | $332,726,564.60 | $197,970,250.00 | 3.69% |
| MAYBERRY JAMAICAN EQUITY LTD | 6,482,385 | $78,305,797.36 | $64,888,673.85 | 1.21% |
| JAMAICA STOCK EXCHANGE LTD/THE | 3,328,641 | $61,709,909.85 | $37,280,779.20 | 0.70% |
