The Fund was incorporated on 15 February, 2001 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 Class A Shares is to seek capital appreciation and a high level of current income while maintaining liquidity and stability of principal. This class will invest primarily in two categories of assets:
i) i) Assets with an emphasis on income and capital preservation through investments in fixed deposits, AA or higher rated bank financial instruments, bonds, medium term notes.
ii) ii) Assets with an emphasis on growth of capital with consideration of yield through investments in convertible bonds, listed equity securities, debt securities, repurchase agreements (repos) and lending/borrowing securities transactions.
The listing of the Class A Non-Voting Participating Redeemable Shares of Doxa 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 Doxa Fund Limited to listing", said Mr. James S. McKirdy, Listing and Compliance Manager of the BSX.