NCB Capital Markets offers bonds, money market, mutual funds and equity products and services for your company. These are available in Jamaican dollars as well as USD, CDN and €. Click here to review our suite of products and services.
Successful wealth management requires an intimate understanding of the financial markets and substantial time to track the changes in these dynamic markets. You may not have the resources in house to do this successfully. Our in house research department and our wealth managers spend each day monitoring the financial markets both locally and overseas, allowing you to concentrate on the day to day business in your company.
Our wealth managers' sole objective is to manage your company’s wealth. They keep up to date with the changes in the bond, money and stock markets so that they can identify and inform you of lucrative opportunities for your company. They work with you to build an effective portfolio to help you meet your investment objectives. You wealth manager is trained in financial planning and portfolio management and is licensed by the Financial Services Commission of Jamaica.
You may open an account by visiting any NCB Capital Markets (link to contact us) office or any of the 50 NCB branches island wide (link to branch locator)
You will need:
1. Completed account opening forms. Please contact our offices. (link to contact us)
2. Corporate documents – Articles of Association and Memorandum of Association.
3. Banker’s references.
4. A bank draft, money order, postal order or wire transfer to NCB Capital Markets.
Please note that if you need investment advice, consultation with a licensed wealth manager is available only at a NCB Capital Markets Ltd. location.
We offer investments in Euro, U.S, Canadian and Jamaican dollars. We are however able to facilitate the exchange of most major companies through our bank.
A. Yes. Your securities are safeguarded by being held in “segregation” by NCB Capital Markets Ltd. This means that your funds are held separate and apart from those belonging to NCB Capital Markets and are not used by us in our day-to-day business operations. In the very unlikely event that NCB Capital Markets becomes insolvent, your securities must be returned to you by the receiver or trustee. We are also regulated by and compliant to the laws of the Financial Services Commission of Jamaica and the Council of the Jamaica Stock Exchange.
B. Repurchase Agreements, Bank of Jamaica, Government of Jamaica instruments are guaranteed by the Government of Jamaica.
At NCB Capital Markets, we provide specific insurance coverage to ensure that our clients’ funds are well protected. NCB Capital Markets Limited is also regulated be the Securities Commission and the Jamaica Stock Exchange.
Most of our products and services do not attract fees. Your wealth manager can outline your investment options and the appropriate fee is any. See rate sheet.
Yes. Cash lodgments are facilitated through National Commercial Bank branches island wide. Please be sure to indicate to the bank representative the type of investments (stocks, money market or bonds) in which you are interested, so that the correct account may be credited.
The minimum investment varies according to the investment you wish to open. Please contact our customer service representatives or your wealth manager for this information.
Through our connection with Canadian mutual fund giant, AIC we can offer to you investing opportunities in Canada and the United States through AIC mutual funds. Your wealth manager can help you to determine which mutual fund is right for you based on your particular financial goals.
I want to change from one investment type to another. How can this be done?
From time to time as your company’s strategy and objectives change, you may need to adjust your investment portfolio. Please contact your wealth manager who will be able to advice you of the best opportunities to meet your goals.
Did not find the answers to your questions here? Please contact our Customer Service Centre.
Successful businesses and business persons manage their finances based on 5 essential principles. These we have called the 5 laws of wealth creation.
Law #1: Set an objective
We have to have an objective. If we don’t know where we are going, any road will get us there. The first solution to every problem is knowing what that problem is.
Law #2: Use other people’s brains
Successful people, like successful companies, incorporate into their situation the concept of the board of directors, whose focus is singular. At NCB Capital Markets, our goal is to put together a board of directors for you whose directive is to focus on your affairs to make sure you grow your wealth optimally and yet tax efficiently. We call them wealth managers.
Law #3: Use other people’s money
It is imperative that you use other people’s money to maximize your wealth.
Law #4: Pay yourself First
You have to be disciplined in terms of creating a nest egg. This can be summarized as, “a part of what I earn is mine to keep.”
Law #5:
Financially successfully people subscribe to one investment philosophy. It is ownership for the very long run of only high-quality assets.
At NCB Capital Markets, we believe to become financially successful; one has to be onside with these Five Laws.
We are licensed stock brokers, security dealers and wealth managers. We specialize in products such as stocks, fixed income securities, mutual funds. Our clients can benefit from wealth management, investment advisory services and portfolio planning.
Our genesis is from Edward Gayle and Company Limited which held the first seat on the Jamaica Stock Exchange in 1969. Now we are a wholly owned subsidiary of the NCB Group. In December 2002, NCB Investments merged with Edward Gayle & Company Limited to create a major force in the local brokerage business. On October 30-, 2003, our name was changed to NCB Capital Markets to reflect our connection with the powerhouse financial strength of our parent company, the National Commercial Bank.
Our in house research department spends each day analyzing the local and international financial markets. We keep in touch with the movers and shakers in the public and private sector so as to get an intimate feel for the direction of the overall economy so that we can make changes in your portfolio as necessary. Our research analysts have vast experience in financial markets and at least two of them are Certified Financial Analysts (CFA). They are able to expertly scrutinize the markets to identify lucrative opportunities for our clients.
AIC is the parent company of the NCB Group of which NCB Capital Markets Limited is a wholly owned subsidiary. Headed by Jamaican-Canadian, Michael Lee Chin, they are Canada’s largest privately held fund managers. Here are some key facts about the company.
Whether your objective is wealth creation, wealth management or wealth protection, NCB Capital Markets will provide you with solid investment and excellent products to help you achieve your financial solutions.
Each client is guided through and wealth management process which is demonstrated. Click here to review our suite of products and services.
An informed investor is a successful investor. Successful wealth creation requires an intimate understanding of the financial markets. While you may not have the time or the expertise to keep up the dynamic bond, money and stock markets, our in house research department spends each day monitoring the financial markets both locally and overseas. Any of our wealth managers will be able to provide you with timely relevant information that will help you build the ideal portfolio for your wealth objectives.
The sole objective of the NCB Wealth Managers is to help you achieve “WEALTH” - Wealth Creation, Wealth Management and Wealth Protection. They are qualified to assess your goals and risk and will help you build a customized portfolio with the ideal investments to meet your wealth objectives. You wealth manager is trained in financial planning and portfolio management and is licensed by the Financial Services Commission of Jamaica.
You may open an account by visiting any NCB Capital Markets (link to contact us) office or any of the 52 NCB branches island wide (link to branch locator).
You will need:
A valid picture identification (passport, driver’sq license or national ID).
Completed account-opening forms. Please click hereq to download.
Contact information for 2 referees.
A bank draft, moneyq order, postal order or wire transfer to NCB Capital Markets.
Please note that if you need investment advice, consultation with a licensed wealth manager is available only at a NCB Capital Markets Ltd. location. (link to find a wealth manager)
We offer investments in Euro, U.S, Canadian and Jamaican dollars. We are however able to
facilitate the exchange of most major companies through our bank.
A. Yes. Your securities are safeguarded by being held in “segregation” by NCB Capital Markets
Ltd. This means that your funds are held separate and apart from those belonging to NCB Capital Markets and are not used by us in our day-to-day business operations. In the very unlikely event that NCB Capital Markets becomes insolvent, your securities must be returned to you by the receiver or trustee. We are also regulated by and compliant to the laws of the Financial Services Commission of Jamaica and the Council of the Jamaica Stock Exchange.
B. Repurchase Agreements, Bank of Jamaica, Government of Jamaica instruments are guaranteed by the Government of Jamaica.
At NCB Capital Markets, we provide specific insurance coverage to ensure that our clients’ funds are well protected. NCB Capital Markets Limited is also regulated be the Securities Commission and the Jamaica Stock Exchange.
Yes. Cash lodgments are facilitated through National Commercial Bank branches island wide. Please be sure to indicate to the bank representative the type of investments (stocks, money market or bonds) in which you are interested, so that the correct account may be credited.
The minimum investment varies according to the investment you wish to open. Please contact our customer service representatives or your wealth manager for this information.
I want to change from one investment type to another. How can this be done?
From time to time as your lifestyle and wealth objectives change, you may need to adjust your investment portfolio. Please contact your wealth manager who will be able to advice you of the best opportunities to meet your goals.
Am I subject to tax on my investment as an overseas resident?
Yes you are. However, if you are domiciled outside of Jamaica, you may be eligible for a reduced rate of taxation. The rate is determined by the taxation treaty, which exists between your country and Jamaica.
Country Rate
United States 12.5%
Canada 15%
The United Kingdom 15%
CARICOM 15%
Please contact our customer service representatives or your wealth manager for other countries.
I have lost my Share Certificates, how can I redeem them?
This can be done by submitting a completed “Indemnity Form” to the respective Registrar along with any charges to the Registrar along with any charges the Registrar has for duplicate certificates. This service is facilitated through EGCL.
Through our connection with Canadian mutual fund giant, AIC we can offer to you, right here in Jamaica, investing opportunities in Canada and the United States through AIC mutual funds.
Your wealth manager can help you to determine which mutual fund is right for you based on your particular financial objectives.
AIC Mutual Funds are comprised of United States and Canadian stocks. These stocks are excellent business with solid management, a proven track record and positive prospects for long-term growth. To find our more about mutual funds please click here.
AIC Limited investment philosophy is “Buy”. Hold. And Prosper. They invest in excellent businesses in long-term growth industries with great cash flows, strong management and strong growth prospects. It is however important to read the prospectus of any mutual fund before investing. Please contact our customer service representatives or your wealth manager for this information.
