Cayman Islands Stock Exchange: Listing Mutual Funds

The CSX: ‘Listing @ its Best’
The CSX has gained a reputation among the world’s leading asset managers for its professionalism and efficiency. Over 300 of the issues approved since 1997 are mutual funds, among which are several of the largest hedge funds in the world.
A listing on the CSX brings multiple benefits to a mutual fund including access to investor capital and a wider international investor base. Because certain types of investor may only invest in listed, rather than unlisted, securities, a listing enhances the marketability of a mutual fund. For closed-ended funds, where there is no facility to redeem, a listing on the CSX can provide a secondary market with a platform for both buyers and sellers. The CSX screens carefully applications for listing, and examines the parties involved. Investors know once a mutual fund is listed, it has satisfied, and must continue to satisfy, the conditions for listing imposed by the CSX which are designed to safeguard the interests of investors and to provide a market-aware listing facility. Early in 2001, the CSX and Euroclear established a cooperative link that enables CSX listed funds to participate in FundSettle at no additional cost, allowing them access to a larger investor base.	Mutual Funds Listing rules especially designed for mutual funds No restrictions on investments policy Focus on disclosure Up-to-date NAV's on website Speed Competitive costs Access to FundSettle
FundSettle, introduced by Euroclear in November 2000, is a dedicated platform specifically designed for high-vo l u m e, cross-border fund transactions. It provides a single access point to help streamline communications between distributors, fund managers and transfer agents worldwide.

The CSX: ‘Listing @ its Best’

The CSX has gained a reputation among the world’s leading asset managers for its professionalism and efficiency. Over 300 of the issues approved since 1997 are mutual funds, among which are several of the largest hedge funds in the world.

A listing on the CSX brings multiple benefits to a mutual fund including access to investor capital and a wider international investor base. Because certain types of investor may only invest in listed, rather than unlisted, securities, a listing enhances the marketability of a mutual fund. For closed-ended funds, where there is no facility to redeem, a listing on the CSX can provide a secondary market with a platform for both buyers and sellers.

The CSX screens carefully applications for listing, and examines the parties involved. Investors know once a mutual fund is listed, it has satisfied, and must continue to satisfy, the conditions for listing imposed by the CSX which are designed to safeguard the interests of investors and to provide a market-aware listing facility.

Early in 2001, the CSX and Euroclear established a cooperative link that enables CSX listed funds to participate in FundSettle at no additional cost, allowing them access to a larger investor base.

Mutual Funds

Listing rules especially designed for mutual funds
No restrictions on investments policy
Focus on disclosure
Up-to-date NAV's on website
Speed
Competitive costs
Access to FundSettle

FundSettle, introduced by Euroclear in November 2000, is a dedicated platform specifically designed for high-vo l u m e, cross-border fund transactions. It provides a single access point to help streamline communications between distributors, fund managers and transfer agents worldwide.

Complete Brochure in PDF