Licensed Financial Institutions
Licensed Financial Entities
Mutual Fund Sector in St. Vincent and the Grenadines
The mutual funds sector in St. Vincent and the Grenadines is diverse and well-regulated, encompassing various types of funds and financial entities. The sector is structured into several categories, each serving different investment needs and purposes.
About Mutual Fund Entities and Types
Mutual Fund Entities
The sector includes:
- Mutual Fund Administrators: One active entity, Fund Administrators of SVG Corp.
- Mutual Fund Managers: Eight active companies, including Alpha Trading Fund Management Limited and Euro Pacific Advisors Ltd.
- Mutual Fund Managers & Administrators: Three active entities, such as ATVANTIS Fund Management Ltd and Caiac International Ltd.
- Recognised Managers & Administrators: Five active entities, including both local and international firms.
Types of Mutual Funds
The sector offers two main types of mutual funds:
- Private & Accredited Funds: There are 13 active private mutual funds, many of which are segregated cells of larger fund structures like Fortis Mutual Funds SCC Limited.
- Public Mutual Funds: The sector boasts 30 active public mutual funds, including well-known names such as Euro Pacific Funds SCC Ltd. and its various segregated cells.
This diverse range of mutual funds caters to different investor profiles and investment strategies, from equity and bond funds to more specialized offerings like digital currency and precious metals funds. The sector’s structure reflects a sophisticated financial ecosystem that adheres to international standards while providing a variety of investment opportunities.
Mutual Funds in St. Vincent and the Grenadines
Mutual Fund Administrator
| Name of Mutual Fund Entity | Type of Mutual Funds | Status |
|---|---|---|
| Fund Administrators of SVG Corp | Mutual Fund Administrator | Active |
Mutual Fund Managers
| Name of Mutual Fund Entity | Type of Mutual Funds | Status |
|---|---|---|
| Alpha Trading Fund Management Limited | Mutual Fund Manager | Active |
| Auctus Fund Management Ltd. | Mutual Fund Manager | Active |
| Euro Pacific Advisors Ltd. | Mutual Fund Manager | Active |
| Knightsbridge AM Limited (formerly Wedge AM Limited) | Mutual Fund Manager | Active |
| Pluto Fund Management Ltd | Mutual Fund Manager | Active |
| SafePort Asset Management Limited | Mutual Fund Manager | Active |
| Syos Asset Management Limited | Mutual Fund Manager | Active |
| X-Gen Investment Management Fund Ltd. (formerly SVG Fund Management Corporation) | Mutual Fund Manager | Active |
Mutual Fund Managers & Administrators
| Name of Mutual Fund Entity | Type of Mutual Funds | Status |
|---|---|---|
| ATVANTIS Fund Management Ltd | Mutual Fund Manager & Administrator | Active |
| Caiac International Ltd | Mutual Fund Manager & Administrator | Active |
| Fortuna Administration Limited | Mutual Fund Manager & Administrator | Active |
Recognised Managers & Administrators
| Name of Mutual Fund | Type of Mutual Funds | Status |
|---|---|---|
| Scarabaeus Wealth Management AG | Recognised Mutual Fund Manager | Active |
| Bolder Luxembourg S.A (formerly Circle Investment Support Services (Luxembourg) S.A.) | Recognised Mutual Fund Manager | Active |
| Universal Asset Management Ltd. | Recognised Mutual Fund Manager | Active |
| JTC Fund Services (Cayman) Ltd. | Recognised Mutual Fund Administrator | Active |
| First Anguilla Trust Co. Ltd. | Recognised Mutual Fund Administrator | Active |
Private & Accredited Funds
| Name of Mutual Fund | Type of Mutual Funds | Status |
|---|---|---|
| Auctus Fund Ltd. | Private Mutual Fund | Active |
| Fortis Mutual Funds SCC Limited | Private Mutual Fund | Active |
| Fortis Global Opportunities Fund (formerly Fortis Emerging Market Opportunities Fund a Segregated Cell of Fortis Mutual Funds SCC Limited) | Private Mutual Fund | Active |
| Satoshi Digital Asset Fund (formerly Ven Digital Asset Fund/Fortis Sustainable Global Aquaculture Fund SP) a Segregated Cell of Fortis Mutual Funds SCC Limited | Private Mutual Fund | Active |
| Social Impact Fund (formerly Diamond Fund a Segregated Cell of Fortis Mutual Funds SCC Limited) | Private Mutual Fund | Active |
| Universal Strategies Fund (SCC) Ltd. | Private Mutual Fund | Active |
| Universal Absolute Return (A Segregated cell of Universal Strategies Fund (SCC) Limited) | Private Mutual Fund | Active |
| Investor Participation Fund GBP (a Segregated Cell of Fortis Mutual Funds SCC Limited) | Private Mutual Fund | Active |
| Investor Participation Fund USD (a Segregated Cell of Fortis Mutual Funds SCC Limited) | Private Mutual Fund | Active |
| Social Impact Fixed Coupon Fund (a Segregated Cell of Fortis Mutual Funds SCC Limited) | Private Mutual Fund | Active |
| Fortis Global Opportunities Fund - GBP (a Segregated Cell of Fortis Mutual Funds SCC Limited) | Private Mutual Fund | Active |
| Digital Peaks Multi Asset Fund (a Segregated Cell of Fortis Mutual Funds SCC Limited) | Private Mutual Fund | Active |
| Fortis Fine Arts Fund - USA (a segregated cell of Fortis Mutual Funds SCC Ltd) | Private Mutual Fund | Active |
Public Mutual Funds
| Name of Mutual Fund | Type of Mutual Funds | Status |
|---|---|---|
| BEST AGER STRATEGIE (formerly Ashoka Fund) - A segregated cell of Syos Investment Funds SCC Ltd | Public Mutual Fund | Active |
| Diktio Fund Ltd | Public Mutual Fund | Active |
| Fidosa Fund BLUE (a sub-Fund of Fidosa Fund Limited) | Public Mutual Fund | Active |
| Fidosa Fund Limited | Public Mutual Fund | Active |
| Intalcon Alpha for Impact Global Fund Limited formerly Gap Global Opportunity Fund Ltd | Public Mutual Fund | Active |
| Global Management Fund Limited | Public Mutual Fund | Active |
| Merula Equity Fund Limited formerly Scarabaeus Equity Fund Limited formerly W Equity Trading Fund | Public Mutual Fund | Active |
| Rosman Holdings Fund Limited | Public Mutual Fund | Active |
| SafePort LOICK Bio-Products & Bio-Energy Fund (Previous name Mundus Metallorum Fund (A subfund of SafePort Investment Funds Limited)) | Public Mutual Fund | Active |
| Fee Schedule: Mutual Funds | |
|---|---|
| Application Fee (All Entries) | $500.00 |
| Licence Fee - All Funds | $600.00 |
| Licence Fee - Manager or Administrator | $500.00 |
| Licence Fee - Manager and Administrator | $1,000.00 |
| Licence Fee - Recognised Manager | $500.00 |
| Annual Fee - All Funds | $600.00 |
| Annual Fee - Manager or Administrator | $500.00 |
| Annual Fee - Manager and Administrator | $1,000.00 |
| Annual Fee - Recognised Manager | $500.00 |
| Any Other Application | $50.00 |
| Due Diligence | COST + $50 |