Do you have US$ funds and want to earn stable, healthy returns?

Or have a short to medium term investment horizon? Then this is the fund for you. The Investment Objective of the Fund is to generate investment returns which are superior to all US$ Income mutual funds registered in Trinidad and Tobago, while providing for acceptable levels of liquidity and credit risk.

About this Fund

Currency in US with an initial investment of US $3,000.00 (minimum) with additional investments of US 500.00

  • No entry or exit fees
  • Member of ANSA McAL Group
  • Daily Liquidity
  • Quarterly Income or reinvest

Download ANSA US$ Income Fund Prospectus here [PDF].

The diagram below is an indication of the identified asset classes and allocations.

Corporate Bonds 40%
Government Bonds 35%
Emerging Market Bonds 15%
Cash & Money Market Instruments 10%

These asset allocations can and will be actively managed to obtain the best results available from current market conditions, ensuring that earnings do not suffer as yields fluctuate.

The Bank manages funds in excess of $5 Billion, which demonstrates the strength and depth of fund management expertise.

ANSA Merchant Bank's range of Financial Services includes:

  • Merchant Banking
  • Investment Services
  • Foreign Exchange
  • Unit Trust
  • Savings & Pensions
  • Finance Company
  • Leasing
  • Mortgages

ANSA Merchant Bank Limited is a publicly quoted company on the Trinidad &Tobago Stock Exchange with market capitalization in excess of $2.7 Billion.

The Fund seeks to ensure the professional management and further security for your money by using independent Trustees.





In addition, the following KYC documents are also required:

  • 2 forms of valid ID – either DP, Passport or National ID
  • Proof of Address – Utility Bill or Bank statement
  • Income Confirmation – Job letter




In addition, the following KYC documents are also required:

  • Two (2) forms of identification for each director/signatory, company secretary and shareholder with 10% or more ownership
  • Official list of Directors and Authorized Signatories for this account along with specimen signatures. (Must be listed on the company's letterhead)
  • Company Financials or Management Accounts for the last three (3) years
  • Certificate of Incorporation and Articles of Association
  • Certificate and Articles of Continuance (if incorporated before 1996)
  • Notice of Directors/Notice of Change of Directors (if applicable)
  • Annual return (for the previous year)
  • Board Resolution (Signed by Directors in agreement to enter into a business relationship and authorizing the account signatories)
  • By Laws (must be certified by Company Director or Company Secretary)
  • A signed Director's Statement or a certificate by the Company's Secretary outlining the nature of the company's business.
  • Company Stamp to be placed on the completed KYC form

Reference Guide

ANSA TT$ Income Fund Quick Reference Guide. [PDF]


Mutual Funds FAQs

A mutual fund is a type of financial vehicle made up of a pool of money collected from many investors to invest in securities like stocks, bonds, money market instruments, and other assets. Mutual funds are operated by professional money managers, who allocate the fund's assets and attempt to produce capital gains or income for the fund's investors. A mutual fund's portfolio is structured and maintained to match the investment objectives stated in its prospectus.

i. ANSA TT$ Income Fund - The ANSA TT$ Income Fund seeks to generate investment returns which are superior to all TT$ Income Mutual Funds domiciled in Trinidad and Tobago, while providing for acceptable levels of liquidity and credit risk by investing primarily in a diversified portfolio of debt securities, equities, instruments and contracts which are backed mainly by marketable securities.

ii. ANSA US$ Income Fund – The ANSA US$ Income Fund seeks to generate investment returns which are superior to all US$ Income Mutual Funds domiciled in Trinidad and Tobago, while providing for acceptable levels of liquidity and credit risk by investing primarily in a diversified portfolio of debt securities, equities, instruments and contracts which are backed mainly by marketable securities.

Built in diversification – ANSA Mutual Funds offer a variety of investments which can make it easier for investors to diversify than through ownership of individual stocks or bonds. The aggregate performance of the entire pool of investments may help offset the impact of any under-performing securities.

Professional Management – You may not have the skills and knowledge to manage your own investments or want to spend the time. ANSA Mutual Funds allow you to pool your money with other investors and leave the specific investment decisions to our professional investment managers.

There is moderate risk involved. Kindly review our Prospectus for a more details.

A mutual fund is not a fixed income product. The returns is based on the performance of the assets held by the fund. If the assets of the fund's portfolio decline in value, the mutual fund investment also loses value. While the previous year's performance is an indicator of the quality of the fund's management, it is not a guarantee of future returns. Investors should perform sufficient mutual fund research before making an investment decision.

Dividends are paid on a quarterly basis.

No.
You will be required to select one (1) of the following options: i. Reinvest the dividends ii. Issue a cheque iii. Credit to my personal bank account

No, there are no entry or exit fees. However, there is an applicable Management Fee.

Over the years, AMBL Mutual Funds continue to deliver competitive returns to unit holders, with both the TT$ and US$ Income Funds returning cumulative returns of 12.73% and 12.19% respectively over the last 5 years ending 2019.

Select the one of the adjacent tabs ‘Fund Requirements – Individuals’ or ‘Fund Requirements – Companies’ and complete the necessary documents.

To apply online, select the Apply Now tab and upload documents.