Scotia Investments

Scotia Caribbean Income Fund

Scotia Investments Management Team

The Scotia Caribbean Income Fund is a USD denominated bond fund that invests in debt instruments issued by countries and corporations that are members of the CARICOM economy. The objective of this Fund is to earn and distribute quarterly tax advantaged income and provide some potential for capital gains.

Annual Dividend Distribution for 2015-2017

Year ending March 31, 2017
Dividend Date US$/share (Class A) US$/share (Class I)
June 30, 2016 0.01941 0.05224
September 30, 2016 0.01932 0.05308
December 31, 2016 0.02335 0.05064
March 31, 2017 0.02866 0.06695
Total per share 0.09074 0.22291
Total for Year US$2.99 million

Year ending March 31, 2017
Dividend Date US$/share (Class A) US$/share (Class I)
June 30, 2016 0.01941 0.05224
September 30, 2016 0.01932 0.05308
December 31, 2016 0.02335 0.05064
March 31, 2017 0.02866 0.06695
Total per share 0.09074 0.22291
Total for Year US$2.99 million
Year ending March 31, 2016
Dividend Date US$/share (Class A) US$/share (Class I)
June 30, 2015 0.02118 0.05433
September 30, 2015 0.02099 0.05252
December 31, 2015 0.01963 0.05199
March 31, 2016 0.01780 0.04701
Total per share 0.07960 0.20585
Total for Year US$2.31 million
Year ending March 31, 2015
Dividend Date US$/share (Class A) US$/share (Class I)
June 30, 2014 0.01865 0.04954
September 30, 2014 0.01985 0.05322
December 31, 2014 0.02245 0.05407
March 31, 2015 0.01830 0.05003
Total per share 0.07925 0.20686
Total for Year US$1.78 million

 

The NAV as of August 13, 2018 as follows:

Mutual Fund NAV
Scotia Caribbean Income Fund US $3.6509

*Scotiabank Mutual Funds is the brand name under Scotiabank affiliated entities, including Scotia Investments Jamaica Limited market and distribute Mutual Funds and Unit Trusts in Jamaica." Important information concerning the investment goals, risks, charges and expenses of investing in mutual funds is contained the Funds’ prospectus. Investors should carefully consider these before investing. Copies are available from the financial institution where you are buying the fund and should be read before investing. Commissions, management fees and expenses all may be associated with investing in mutual funds. Mutual funds are not guaranteed or covered by your local deposit insurance corporation, other government deposit insurer, The Bank of Nova Scotia, or its subsidiaries/affiliates. Unit/share values may change and investment returns for the funds will fluctuate. Past performance should not be treated as an indicator of future performance.