October 10, 2019
The Bahamas International Securities Exchange (BISX) is pleased to announce that voting participation interests in Lehoca Fund IC (Lehoca) have successfully completed the BISX Mutual Fund Listing Process and have been listed on the Exchange.
As a result, these Funds have now been added to the roster of Funds listed on the Exchange. Lehoca is established as an Investment Condominium under the Investment Condominium Act, 2014 and is registered as a Smart Fund 007 under the Investment Funds Act, 2003.
BISX Chief Operating Officer, Holland Grant, commented: “We are pleased to list the Lehoca Fund IC and to add another Investment Condominium (ICON) to the Exchange. Since the creation of ICONs in 2014, the Exchange has seen growth in these being used by financial services providers to address their clients needs, and so we commend Credit Suisse and Caystone Solutions for their innovation in adapting new products for the needs of their clients. We look forward to listing more ICONs and other funds on the Exchange in the future.”
Credit Suisse AG, Nassau Branch serves as the BISX Sponsor Member that brought this Fund to the Exchange. Caystone Solutions Ltd. has been appointed as the Governing Administrator and Credit Suisse AG, Nassau Branch the General Administrator for the fund. Investment One Partners (Gestao de Recursos Ltda, Sao Paulo SP, Brazil) acts in capacity of Investment Manager.
NOTE: Attached to this Press Release is the BISX Formal Trading Notice for Lehoca Fund IC this notice advises the public of the security to be listed on the Exchange and the trading symbol of the listed security.