The Company was incorporated and registered in Bermuda as an Exempted Mutual Fund Company on November 22, 1999. The Company has been classified as an "Institutional Scheme" under the Bermuda Monetary Authority (Collective Investment Scheme Classification).
The Company's investments for each Class of Shares will be carried out through a separate investment program relating to the Fund established in respect of that Class. Each Fund will be open-ended and will have its own distinct investment objectives and policies. The assets of each Fund are held exclusively for the benefit of holders of the Shares of the applicable Class.
The Permanent Value Group of Funds is essentially of two varieties. There are the Equity Funds (6), which create long-term capital appreciation through ownership of outstanding companies, and the Principal Protected Index Based Funds (3), which are designed to offer principal protection in an investment that replicates a major market index.
The listing of the Permanent Value Group of Funds Limited 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 Publicly Traded Issues.
Kathi MacKay, director of the issuer said, "We are pleased to have secured BSX listing approval and look forward to a rewarding, long-term relationship with the BSX."
"The BSX is pleased to welcome the Permanent Value Group of Funds Limited to listing", said Mr. James S. McKirdy, Listing Manager of the BSX. "This adds further to the number of multi-class funds listed on the Exchange."
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For further information on Permanent Value Group of Funds Limited, please contact Kathi MacKay at telephone: 1-246-427-7098 or facsimile: 1-246-427-5333.
For more information, contact Joanne MacPhee at the Bermuda Stock Exchange at phone 441-292-7212 or jmacphee@bsx.com. Information is also available at www.bsx.com, on Bloomberg at BSX
The Bermuda Stock Exchange is a fully-electronic offshore securities market founded in 1971. The BSX lists more than 290 securities -- including equities, mutual funds and bonds, as well as depository receipts -- and is a full member of the F.IB.V. (International Federation of Stock Exchanges) as well as being recognized by the U.S. SEC.
The listing is for nine Classes of Shares, with each Class representing a separate Fund.
The Company was incorporated and registered in Bermuda as an Exempted Mutual Fund Company on November 22, 1999. The Company has been classified as an "Institutional Scheme" under the Bermuda Monetary Authority (Collective Investment Scheme Classification).
The Company's investments for each Class of Shares will be carried out through a separate investment program relating to the Fund established in respect of that Class. Each Fund will be open-ended and will have its own distinct investment objectives and policies. The assets of each Fund are held exclusively for the benefit of holders of the Shares of the applicable Class.
The Permanent Value Group of Funds is essentially of two varieties. There are the Equity Funds (6), which create long-term capital appreciation through ownership of outstanding companies, and the Principal Protected Index Based Funds (3), which are designed to offer principal protection in an investment that replicates a major market index.
The listing of the Permanent Value Group of Funds Limited 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 Publicly Traded Issues.
Kathi MacKay, director of the issuer said, "We are pleased to have secured BSX listing approval and look forward to a rewarding, long-term relationship with the BSX."
"The BSX is pleased to welcome the Permanent Value Group of Funds Limited to listing", said Mr. James S. McKirdy, Listing Manager of the BSX. "This adds further to the number of multi-class funds listed on the Exchange."
For further information on Permanent Value Group of Funds Limited, please contact Kathi MacKay at telephone: 1-246-427-7098 or facsimile: 1-246-427-5333.