NCB CAPFunds Fees

Management Fees


Effective February 2015, NCB Capital Markets Limited increased the management fee on the CAPFunds JMD Money Market Portfolio (M Fund) from 1.5% to 1.75%.

Performance Fees


NCB Capital Markets Limited introduced a performance bonus on all Unit Trust portfolios, effective May 4, 2015.

The Performance Bonus is triggered in the event that the performance of the fund exceeds the performance of the benchmark. The benchmarks for the respective portfolios are as outlined in the table below.

NCB CapFunds
Portfolio

Performance Benchmark

JMD Money Market Portfolio

30-day T-bill (BOJ/GOJ)

JMD High Yield Portfolio

5 year GOJ Local Bond JMD (Bloomberg)

Caribbean Equity Portfolio

JSE Select Index

USD Money Market Portfolio

30 day USD Money Market rate (Bloomberg)

USD Bond Fund

JSE Jamaica Global Bond Index

USD Indexed Bond Portfolio

JSE Jamaica Global Bond Index + devaluation

 

Please visit the UNIT TRUST OFFERING CIRCULAR or CONTACT YOUR WEALTH ADVISOR for additional details.