The Bahamas International Securities Exchange (BISX) announced today the listing of Internazionale Investment Fund Limited on its Mutual Fund Listing Facility, following approval by the BISX Listing Committee.
Internazionale Investment Fund is a licensed SMART Fund, Model 007. This category of funds is one of the fastest growing according to figures provided by the Securities Commission of The Bahamas. BISX CEO Keith Davies says,“We are very encouraged by this latest listing. Earlier this year, BISX identified SMART funds as a target market that we would focus on at the Exchange, and this is now our second SMART Fund listing in three months, so we are very pleased and we are quite optimistic for the future of SMART funds listings on BISX. To encourage this growth, we have offered unique fee proposals to encourage our financial services providers to seriously consider a BISX listing when creating SMART Funds.”
Mr. Davies spoke to the sovereignty of the jurisdiction and the ease of access to key decision makers as two of the primary advantages that financial service providers when establishing operations in The Bahamas. He said, “BISX prides itself on the fact that we engage with the industry and especially our Members in an effort to find new ways of differentiating The Bahamas from our competing jurisdictions. The feedback of our Sponsor Members has been integral to the growth of our Mutual Fund Listing Facility.”
Credit Suisse AG, Nassau Branch is the Investment Manager and Sponsor Member of Internazionale Investment Fund.