faqs

The NAV is calculated weekly at the close of business on Fridays.

The fees charged are an investment management fee of 1.5%, transfer agent fee of 0.15%, custodian fee of 0.025% and other estimated fees of 0.25%. The translates to a total annual operating expense fee of 1.925%.

With every investment comes related risk. Each investor should assess their individual risk tolerance and tailor their investment decisions suitably. However, the Sagicor Renewable Energy Fund can be considered a fund that has a higher degree of risk as the sub asset class is new and will be subject to a moderate degree of price fluctuation.

Contrary to popular belief Sagicor Special Opportunity Funds SCC does not guarantee a specified rate of return. During any particular year the actual return on the portfolio can be positive or negative. However, over the long term there is expected to be a general positive trending of performance thereby investors can benefit from compound interest.

The NAV is the Net Asset Value per share. This is calculated by dividing the net value of all the securities/investments by the total mutual funds shares outstanding. I.e., $1000.00/100 shares = $10.00 NAV. The NAV is published in a daily Barbados newspaper and is available on our website at sami.bb. 

The Renewable Energy Fund is a fund that invests in a mix of local, regional and international securities to achieve long term capital appreciation with income as a secondary objective.

Mutual funds are not similar to bonds or fixed deposits that have a fixed maturity date. You have no obligation to hold the shares for any length of time. However, investors should take a long-term approach to investing to realize the maximum benefit from their investment.

Sagicor Asset Management Inc. is the Investment Manager for the suite of funds. It engages the services of sub advisors UBS, Morgan Stanley and Oppenheimer with the respect of management of its international portfolio.

Yes, the mutual fund shares can be used as collateral for a loan, but this is at the discretion of your lending institution

Self trade $0.05 per share

Advisory

$ 2,500 - 0.90%

$ 10,000.01 - 0.80%

$ 50,000.01 - 0.70%

$ 250,000.01- 0.60%

$ 500,000.01- 0.50%

Self trade $1000 USD

Advisory $2500 USD

*Access to foreign exchange subject to the restrictions of your local jurisdiction

Self-Trade Service

Take full control of your investment decisions and trade executions with Sagicor ebrokerage's self-trade services. You can also authorize SAMI to execute transactions on your behalf.

Advisory Service

For a more guided approach, utilize the ebrokerage platform Advisory Service, offering tailored trading research and strategies.

A diverse range of international investment products, including stocks, bonds, mutual funds, and ETFs

Yes, you can add any security to your existing shareholder account.

Yes, shares can be transferred to another person on the market known as the Put-Through market.

Yes, we trade fixed income securities such as government bonds and treasury bills on the Barbados Stock Exchange Fixed Income market.

By completing the Account Registration form and the Authorization for the Sale/Purchase of Shares Form and submitting two forms of notarized valid Government issued ID and proof of address no older than 3 months.

Our commission fees start at 2%. This fee is calculated on a tiered basis. However, there is a minimum commission fee of BBD$10.00.

Yes, you can purchase shares for children or family members. However, where the child is under the age of 18 years, these shares must be held in trust for that child by an adult (preferably a parent/guardian) until the child reaches the age of 18 as stipulated by the law.

The dividend policy of the fund is, “that the net income of the fund, and all capital gains are not distributed but are invested to increase the net asset value of the fund and therefore of each of the fund shares. Accordingly, any income available for dividends will be reinvested.” This is applicable for the Sagicor Renewable Energy Fund.

The NAV is calculated weekly at the close of business on Fridays.

Yes, you can purchase shares for children or family members. However, where the child is under the age of 18 years, these shares must be held in trust for that child by an adult (preferably a parent/guardian) until the child reaches the age of 18 as stipulated by the law.

Yes, the mutual fund shares can be used as collateral for a loan, but this is at the discretion of your lending institution.

With every investment comes related risk. Each investor should assess their risk tolerance and tailor their investment decisions appropriately. However, the Sagicor Global Balanced Fund can be considered a fund of average risk, whereby the assets are distributed proportionately between stock and bonds as a percentage of the total portfolio.

This Sagicor Select Growth Fund is suitable for investors who are seeking long-term growth and are willing to accept a higher degree of short-term risks and a moderate degree of price fluctuation.

The Sagicor Preferred Income Fund is suited to investors who are seeking a total return by investing for a high level of current income.

Contrary to popular belief Sagicor Funds Inc does not guarantee a specified rate of return. During any particular year the actual return on the portfolio can be positive or negative. However, over the long term there is expected to be a general positive trending of performance thereby investors can benefit from compounded interest.

The NAV is the Net Asset Value per share. This is calculated by dividing the net value of all the securities/investments by the total mutual funds shares outstanding. I.e., $1000.00/100 shares = $10.00 NAV. The NAV is published in a daily Barbados newspaper and is available on our website at sami.bb.

The Sagicor Global Balanced Fund is a fund that invests in a diverse mix of local, regional and international stocks and bonds to achieve an income and long-term capital growth appreciation.

The Sagicor Select Growth Fund is a ‘Fund of Funds mutual fund. This fund will allow you to have the benefits of investing in a wide range of mutual funds and is suitable for investors who are seeking to diversify their portfolio and are willing to accept a higher degree of short-term risks and price fluctuation.

The Sagicor Preferred Income Fund offers a mix of regional and international fixed income securities (such as bonds) and preferred shares. The focus of this fund is to preserve capital and give consistent returns.

The dividend policy of the fund is, “that the net income of the fund, and all capital gains are not distributed but are invested to increase the net asset value of the fund, and therefore of each of the fund shares. Accordingly, any income available for dividends will be reinvested.” This is applicable to the Sagicor Global Balanced Fund and the Sagicor Select Growth Fund. The Sagicor Preferred Income Fund pays dividends twice yearly.