Brian Frazer, Assistant Vice-President for pension fund management and General Manager of Scotia DBG Fund Managers Limited

AS A BUSINESS OWNER AND ENTREPRENEUR, HOW MUCH OF YOUR INVESTMENTS, OUTSIDE OF YOUR BUSINESS, DO YOU REALLY KEEP?

When you take into consideration tax, inflation and devaluation, not much really is the answer for many people. For the average or occasional investor, this may not mean or seem like much either, but to the astute business owner, entrepreneur and investor seeking maximum return on every dollar invested, this could mean thousands of dollars.

Unless of course you can invest in a manner that protects your investments from these wealth eroding factors and improve your net worth. From all indications investments that are tax free and in US$ seems to be the best way to protect against this. But with all that you have to do on a daily basis to keep your business running profitable, how do you invest wisely and do so effectively?

There are numerous investment vehicles available to business owners and entrepreneurs, but which one is best for you? Well that will depend on a number of factors, including your age and risk profile, BUT here is something you should really give a second look. The recently launched Scotia DBG Caribbean Income Fund (CIF).
The Scotia DBG Caribbean Income Fund (CIF) is a USD denominated bond fund that invests in debt instruments issued by countries and corporations that are members of the CARICOM economy. The objective of the Fund is to earn and distribute quarterly, tax advantaged income and provide some potential for capital gains for astute business owners, entrepreneurs and investors like you seeking maximum return on every dollar you invest.

Why invest in the Scotia DBG Caribbean Income Fund?
Well, for one the fund hedges against inflation and currency devaluation as it is invested in USD debt instruments; secondly it offers quarterly distributions that offer substantial tax savings versus other investments (i.e. REPO’s). And it’s a well diversified fixed income portfolio that helps manage overall volatility, and importantly it is managed by Professionals who are experts on the Caribbean fixed income market.

So how much money do you need to get in the game and begin investing? All things considered not much really. The minimum initial investment in the Scotia DBG Caribbean Income Fund is US$5,000 with a minimum subsequent investment amount of US1, 000.

Once the minimum initial investment has been satisfied you also have the option to set up a Pre-Authorized Contribution (PAC) Plan from your personal or corporate account and here the minimum monthly payment is US$100.

The fund pays dividends quarterly that does not have withholding tax. This is a unique feature of this fund as it offers the ability to leverage the benefits of the Caricom Tax Treaty resulting in a greater after tax return for you.
SDBG’s Investment Advisors are equipped to provide you with your personal rate of return at anytime and with branches centrally located islandwide they are ready to meet your strategic financial goals.

So pick up the phone and make the call, or come in and speak with one of their Investment Advisors and see for yourself how they have earned the reputation to be your most trusted financial advisor best able to improve your net worth. SDBG