NCB CAPFunds Fees
Management Fees
Effective February 2015, NCB Capital Markets Limited increased the management fee on the CAPFunds JMD Money Market Portfolio (M Fund) from 1.5% to 1.75%.
Performance Fees
NCB Capital Markets Limited introduced a performance bonus on all Unit Trust portfolios, effective May 4, 2015.
The Performance Bonus is triggered in the event that the performance of the fund exceeds the performance of the benchmark. The benchmarks for the respective portfolios are as outlined in the table below.
| NCB CapFunds |
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|---|---|---|---|---|---|---|---|---|
| Portfolio |
Performance Benchmark |
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| JMD Money Market Portfolio |
30-day T-bill (BOJ/GOJ) |
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| JMD High Yield Portfolio |
5 year GOJ Local Bond JMD (Bloomberg) |
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| Caribbean Equity Portfolio |
JSE Select Index |
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| USD Money Market Portfolio |
30 day USD Money Market rate (Bloomberg) |
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| USD Bond Fund |
JSE Jamaica Global Bond Index |
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Please visit the UNIT TRUST OFFERING CIRCULAR or CONTACT YOUR WEALTH ADVISOR for additional details.