The Fund was incorporated on 20 December 2000 in the British Virgin Islands (BVI) and is registered as a professional fund as defined under the Mutual Funds Act, 1996.
The Participating Shares are divided into separate Classes, each of which has a different portfolio of investments or assets and different investment objectives.
The investment objective of the Admiralty Capital Class C, Dividend Capital Class, Equity Capital Class E, Fortress Capital Class F, Gap Capital Class G, Harvest Capital Class H, Income Capital I, and Jabez Capital Class J is to achieve capital appreciation by investing, directly or indirectly, in bonds, notes, and equities primarily in Asia, although investments may also be made in markets outside of Asia. The initial investments of these Classes will be in shares and debt securities, including GDR's of companies listed in Asia including Japan, Singapore, Korea and Hong Kong.
The Fund initially listed the Queensway Capital Class A, Causeway Capital Class B and Admiralty Class C on the Bermuda Stock Exchange on 18 April 2001.
The listing of the 7 additional classes of Central Fund Limited is sponsored by Gibbons Brokerage Services Ltd. The securities are being listed under the Listing Regulations for Collective Investment Schemes and the provisions for Restricted Marketing.
"The BSX is pleased to welcome the seven additional classes of the Central Fund Limited to listing", said Mr. James S. McKirdy, Listing and Compliance Manager of the BSX. "This brings the total number of listed classes of the Fund to ten".