Willemstad – The Dutch Caribbean Securities Exchange (DCSX) is pleased to announce that Scotiabank, affiliate of Maduro & Curiel’s Bank ("MCB"), has listed five of its Cayman Islands domiciled mutual funds on the DCSX as of September 1st 2011.
Scotiabank has a successful history growing its various mutual fund businesses around the world and looks forward to growing its presence in the Dutch Caribbean via its continued relationship with MCB in its role as Listing Advisor and official Trader on the DCSX. The five Scotiabank mutual funds being listed include the Scotiabank Money Market Fund, Scotiabank US Dollar Bond Fund, Scotiabank Global Growth Fund, Scotiabank US Growth Fund and the Scotiabank Canadian Growth Fund. These funds provide investors with a broad range of investment choices across the three main asset classes, cash, fixed income, and growth, to help them build an investment solution that best meets their needs. MCB through its Private Banking & Investment Services Department (PBIS) will gladly facilitate local as well as international clients with their investments in these Scotiabank Mutual Funds. For more information on the Scotiabank Mutual Funds, please contact MCB’s PBIS department at tel.: 599 9 466 1818 or at email@example.com or visit us at www.scotiabank.com/ky/mutualfunds
Scotiabank is one of North America’s premier financial institutions and Canada’s most international bank. With more than 70,000 employees, Scotiabank Group and its affiliates serve approximately 18.6 million customers in more than 50 countries around the world. Scotiabank offers a broad range of products and services, including personal, commercial, corporate and investment banking. With assets above $571 billion (as at April 30, 2011), Scotiabank trades on the Toronto (BNS) and New York Exchanges (BNS) for more information, please visit www.scotiabank.com.
Maduro & Curiel’s Bank is a privately held bank established in 1916 and is the leading bank in the Dutch Caribbean. Maduro & Curiel’s Bank Group comprises subsidiary banks with a presence in all 6 islands, with more than 1,400 employees and over 50 branches and offices. With over NAf 6 billion in assets, MCB and its subsidiaries provide a wide range of personal and commercial products and services to its clients. Maduro & Curiel’s Bank is one of the founding members of the DCSX and the first bank to become a Listing Advisor.
In the mean time interest in the DCSX has been growing day by day, says Santine. "Not only local companies increasingly show interest," says Santine. "We also get more inquiries about the DCSX from Latin America, the United States, the Netherlands and even China." The new listings are certainly expected to open the door for more and similar (international) listings on the exchange.
Maxwell Silver has recently affiliated with the DCSX as a listing adviser, making the number of new LAD’s now 14, says Santine. "All these positive developments show trust in the DCSX and will allow the exchange to better position itself among the regional exchanges and adding value to the local financial sector."
The DCSX provides a time saving and cost-efficient listing and trading facility for international and local corporations and investment funds. For more information on the DCSX, please visit the website www.dcsx.an.