Sagicor International Balanced Fund Page
In April 2001, the Barbados Mutual Life Assurance Society, now Sagicor Life lnc, established a registered Unit Trust in the Eastern Caribbean, namely, the Mutual (Eastern Caribbean) Fund, now Sagicor International Balanced Fund. Investment in this Unit Trust is restricted to Eastern Caribbean registered Pension Plans, giving the Unit Trust tax exempt status in most territories. The assets of the Unit Trust are held apart from Sagicor’s general life Fund.
At present, Sagicor manages funds exceeding US$40M, invested on behalf of almost 73 companies in the Eastern Caribbean.