Investment Fund Market Guide - Bahamas
Key features (Register market)
Yes/No | Remarks | |
Settlement free of payment | Yes | |
Settlement against payment | Yes | Refer to CBL’s Eligible currencies and the fund currency specified in fund prospectus. |
Disclosure Requirements | Yes | Refer to Disclosure Requirements – Investment Funds – Bahamas. |
Restrictions on customer | Yes | |
Restrictions on settlement | Yes |
Remarks | |
Market type / link type (Settlement link) | Register market |
| Eligible fund types / legal forms in CBL | Register market:Company (SAC, IBC), Exempted Limited Partnership (ELP), Unit Trust, Mutual Funds, Private Equity Funds, Hedge Funds, Pensions Funds, REITS, Investment Condominium (“ICON”). |
Eligible fund types in CBL
Register market
Investment funds in Bahamas can be in the form of:
- A unit trust (UT), a common law trust managed by a unit trustee.
- Company
- Segregated accounts company (SAC) registered under Segregated Accounts Companies Act, 2004
- International Business Company [IBC] registered under International Business Companies Act, 2000
- Partnership
- Exempted Limited Partnerships (ELP) under the Exempted Limited Partnerships Act
- Unit Trust under the Common Law
- Mutual Funds under the Investment Funds Act, 2019 (“IFA”) and Investment Fund Regulations, 2020 (“IFR”)
- Unit Trust under the Common Law
- Mutual Funds under the Investment Funds Act, 2019 (“IFA”) and Investment Fund Regulations, 2020 (“IFR”)
- Private Equity Funds under the IFA and IFR
- Hedge Funds under the IFA and IFR
- Pensions Funds under the IFA and IFR
- REITS under the IFA and IFR
- Investment Condominium (“ICON”) under the Investment Condominium Act, 2014