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This page includes Regulatory news filings supplied by issuers listed on the BSX. Please note the BSX is not responsible for the content, accuracy or completeness of announcements filed by issuers and disclaims all liability for any loss arising from reliance on information contained within issuer announcements.

BSX Approves Listing Of The Cadiz Dynamic Global Opportunities Fund Ltd

Hamilton, Bermuda: 18 February 2009 - The Listing Committee of the Bermuda Stock Exchange (BSX) today announced the approval of the listing of 499,500,000 Class €˜A' and 499,500,000 Class €˜B' Shares with a par value of Euro 1.00 each of the Cadiz Dynamic Global Opportunities Fund Limited ("the Company", "the Fund") under Qualified Investor provisions.

 

The listing is effective immediately.   

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Cadiz Dynamic Global Opportunities Fund Limited was incorporated and registered in BVI as a regulated professional fund under the BVI Mutual Funds Act of 1996 and is under the regulatory supervision of the British Virgin Islands Financial Services Commission.

 

Apex Fund Services Ltd. sponsored the listing of the listing of 499,500,000 Class €˜A' and 499,500,000 Class €˜B' Shares of the Company.

 

The issue is approved for listing under the Restricted Marketing provisions of the Exchange, which are for securities that are aimed at Qualified Investors, being individuals or institutions that invest either a minimum of $100,000 or otherwise meet one of the suitability tests defined by the Exchange.

 

The company objective is to be synthetically exposed to a basket of indices through the application of a model systematically maximizing the risk-return ratio. The Fund's performance objective is a return of 5% above the 12-month EURIBOR, less management fees.

 

Greg Wojciechowski, President & CEO of the BSX stated: "We are delighted to welcome the Cadiz Dynamic Global Opportunities Fund to the Official List of the BSX.  The Cadiz Dynamic Global Opportunities Fund joins a prestigious group of domestic and international companies and funds that have listed on the BSX."

 

For further information on the Cadiz Dynamic Global Opportunities Fund Limited, please contact Nicholaas Faure at phone: +1 284 494 9820, fax +1 302 397 2761 or email info@drake-advisors.com