company incorporated in the British Virgin Islands, was approved for listing on the Bermuda Stock Exchange (BSX) and was available for trading on Monday.

The fund is offering for subscription about 498 million shares at the current net asset value (NAV) of $20.23 per share.

With an overall objective of long term appreciation, the fund's assets will be invested in four sectors: cash management; global debt (Class A and Class B); global equity (Class A and Class B); and, hard assets.

Subscriptions are restricted to qualified investors only and may not be traded in lots with an initial value of less than $100,000, which is also the minimum allowable subscription.

BSX CEO, William Woods, said, "We are very pleased to welcome this new fund to listing on the BSX. Listing on the BSX means that the fund will have international exposure on the leading offshore stock exchange for listing investment funds.'' The listing of the fund was sponsored by BSX member, Hemisphere Securities Limited.