The company was incorporated and registered in Bermuda as an Exempted Mutual Fund Company on January 5, 1999.
The Company's investment objective is to maximize total return through diversification of its investments primarily into two separate asset classes: Fixed Income Securities and Special Equities. The Company intends to invest up to 60% of its assets in debt instruments issued by governments or corporate entities domiciled in the United States, Europe, Latin America, Eastern Europe, as well as other emerging market countries. Additionally, the Company intends to invest a minimum of 40% of its assets in equity or convertible securities of U.S. and foreign companies whose securities are either listed on a U.S. securities exchange, quoted on NASDAQ, or traded over the counter.
The listing of Target Growth Fund Ltd.'s Shares is sponsored by Harbour Financial Services Limited. The securities are being listed under the BSX Listing Regulations for Collective Investment Schemes and the provisions for Restricted Marketing.
"The BSX is pleased to welcome the Target Growth Fund Ltd. to listing", said Mr. James S. McKirdy, Listing Manager of the BSX.
For further information on Target Growth Fund Ltd., please contact John Kelly at telephone: -441-295-0329 or facsimile: 441-295-3296.