For a better experience on RF Group, update your browser

Important Documents

 

There are several important documents that mutual fund subscribers should understand.

Offering Memorandum

A mutual fund that offers its shares to the public is required to produce an official Offering Memorandum (OM) and to typically file it with the securities regulator in the country. This document discloses the details of the fund, including but not limited to:

  • A Directory of all parties to the fund, such as Investment Manager, Auditor and Le-gal Advisors
  • An outline of the legal structure of the fund along with its investment objective
  • A list of the Fund Directors
  • Fees and expenses
  • Subscription and redemption process
  • Investment restrictions
  • A list of risk factors to consider

The purpose of the Offering Memorandum is to provide a complete picture of the fund, so investors can understand the investment objective of the fund, what it will invest in, exactly what the company can and cannot do, and who will operate it before they invest.

Subscription Form

Mutual funds require subscribers to complete and sign a subscription form, which is considered the “contract” for the investment. Typical information required on a subscription form includes name, address, verification of the specific fund investment and amount, and the subscriber’s signature. The fund’s Administrator assures that the investment meets all the requirements of the fund, as outlined in the fund’s Offering Memorandum.

Subscriber Identification and Verification

Anti-money laundering legislation and know-your-client regulations in most countries require mutual funds to collect copies of various other documents to verify the identity of the subscriber and the source of the investment funds.

These documents typically include a current copy of the subscriber’s passport, a utility bill or Voter’s Card in the subscriber’s name to verify the physical home address, the subscriber’s national identity card, and a driver's license.

Not sure where to start? One of our experts can help you!

  • Make An Appointment
  • Schedule A Call
  • Give Us A Call At (242) 603-6000

Request A Free Consultation For Important Documents

Please fill the form and we will contact you soon
* Denotes Required Inputs
  • AML Foods Limited AML  + 5.59
  • Arawak Port Development Ltd APD  + 44.64
  • Bahamas First Holding Limited BFH  + 2.21
  • Bahamas Property Fund BPF  + 8.00
  • Bahamas Waste BWL  + 11.08
  • Bank of Bahamas BOB  + 4.34
  • Benchmark BBL  + 2.76
  • Cable Bahamas CAB  + 4.20
  • Colina Holdings Class Preference CHLA  + 1.00
  • Colina Holdings Ltd. CHL  + 11.25
  • Commonwealth Bank Ltd. CBL  + 5.25
  • Commonwealth Brewery CBB  + 11.00
  • Consolidated Water BDR CWCB  + 5.62
  • Doctors Hospital DHS  + 10.50
  • Emera EMAB  + 8.99
  • Famguard FAM  + 4.95
  • Fidelity Bank FBB  + 17.50
  • Fidelity Bank Series A Redeemable Preference FBBA  + 10.00
  • Finco FIN  + 13.88
  • FirstCaribbean CIB  + 14.30
  • Focol FCL  + 5.00
  • Focol Class B Perpetual Preference FCLB  + 1.00
  • J S Johnson JSJ  + 15.87
  • Prime Income Fund MF  + 8.03
  • RF International Alternative Strategies Fund MF  + 11.10
  • RF International Equities Sub Fund MF  + 14.60
  • RF International High Yield Fund MF  + 12.51
  • Secure Balanced Fund MF  + 10.70
  • Targeted Equity Fund MF  + 14.48