← News Thu Jun 19, 2014 - 10:51 am - 0 comments

NCB Cap Markets to launch 2 US dollar unit trust products

Steven-Gooden

NCB Capital Markets plans to launch two US-dollar unit trust products within the next three months.

“We are excited at the prospect of offering US dollar unit trust funds for our customers seeking foreign currency investment alternatives,” said NCB Capital Markets CEO Steven Gooden. “We plan to launch this product before the end of our current financial year in September.”

The newest entrant to the unit trust market has already become the third largest player in terms of portfolio size.

Sagicor Investments is the market leader followed by Scotia Investments.

The other market players are Jamaica Money Market Brokers and Barita Investments.

Published in the Jamaica Observer
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