five additional classes of the Butterfield Money Market fund.

Listing of the US$ Class B, Canadian $ Class B, Great Britain Pound Sterling Class B and Euro Classes A and B funds brings the total number of classes listed on the BSX to eight.

Butterfield Money Market Fund was incorporated in Bermuda as an exempted company with limited liability on May 24 last year.

It is an open-ended investment vehicle whose objective is to seek a high overall rate of return by investing in a portfolio of money market instruments.

Butterfield Asset Management Limited (Bermuda) is the investment advisor for the fund.

The listing of the additional classes of Butterfield Money Market Fund is sponsored by Butterfield Securities Limited (Bermuda).

Chief investment officer Ian Coulman said he was pleased to have added the institutional share classes and the new Euro Classes to the range of Butterfield funds listed on the BSX.

"We are proud of the new S&P Micropal first place ranking for the 5 year performance of our US$ Class,'' he said.

"And we hope these new listings will bring more recognition to Bermuda and the quality products available on the BSX.'' BSX listing manager James McKirdy welcomed the expanded Butterfield Money Market Fund to listing.

"The Exchange recognises Butterfield Securities Ltd.'s continued commitment to the BSX via this listing of additional classes to the Fund.''