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Mutual
Funds
Bermuda has been chosen
by a number of highly reputable financial institutions including
investment and fund managers located in major financial markets
as the domicile of choice for various types of mutual funds in an
environment in which there are no taxes or stamp duty on the fund
or its members and no exchange control restrictions.
Mutual funds may be closed
or open-ended and can be privately-held or publicly traded. Whether
a money market, equity, bond or commodity-based fund, a Bermuda
mutual fund is regulated by the Bermuda Monetary Authority
Bermuda, as a jurisdiction,
has been approved as a Designated Territory under the U.K. Financial
Services Act for certain collective investment schemes.
Please click
here to view our Memorandum on Mutual Funds.
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