A different option for your ‘surplus’ funds, and for your overall Investment portfolio.
Diversification
Repurchase Agreements
Fund Description
A Repo involves the owner of securities (Bourse) selling some of their securities to an investor (you) under an agreement to be repurchased at a predetermined price at a future date.
Repos are customizable fixed-income money market instruments, where the interest rate and tenors are stated and known at the beginning of the investment. At Bourse, we provide Repo facilities in both TT Dollar and US Dollar investments.
Low Risk
Reduction of counterparty risk due to the collateral exchanged for your funds, unlike fixed deposits and other unsecured short term facilities.
Liquidity
The tenor of the Repo may vary from 6 months to 1, 2 or 3 Years.
Attractive Returns
Superior fixed investment returns in comparison to those offered on regular Money Market Mutual Funds and Banks’ Fixed Deposit Accounts.
Who should
invest in a Repo?
A Repo is designed for the short to medium term investor looking to ‘warehouse’ surplus funds for substantially higher returns, with low risk.
Repos are also an attractive choice for the investor who may be looking for a similar, but better option than a traditional Bank Fixed Deposit.
Fund
Specifics
Specifics
Minimum investment amount
for TT Repo
$100,000.00 TT
Minimum investment amount for
US Repo
$25,000.00 US
Open an
Account
You can invest using:
- Manager’s cheques
- Personal cheques (subject to management approval)
- Wire Transfer of funds
The following documentation are required to open an account:
- Company Incorporation Documents
- Proof of company registered address (most recent annual return)
- Proof of company mailing address (no older than 3 months e.g. utility bill, bank or credit card statement)
- Proof of address for each director, corporate secretary and beneficial owner (no older than 3 months e.g. utility bill, bank or credit card statement)
- Two forms of valid ID for each signatory, director, corporate secretary and beneficial owner
*Additional documents may be requested if necessary
Disclaimer
Important information concerning the investment goals, risks, charges and expenses is contained in the prospectus, which is available at any Bourse Securities office or at www.bourseinvestment.com. Investors should carefully consider this information before investing. Performance is subject to variation and is likely to change over time. Past performance should not be treated as an indicator of future performance.