The Samaan Tree Fund (STF) is an open-ended mutual fund with a variable net asset value (NAV) per unit.
Providing a total investment return by primarily investing in a portfolio of residential mortgages. The interest income generated from this portfolio will support the Fund’s income distribution.
Providing investors with high returns.
Why Invest in the STF
- Short and medium-term investment horizon
- Diversification of your investment portfolio
- Professional fund management
- Dividend paid quarterly
Benefits of the STF
- Competitive returns
- Convenience via optional monthly
standing order - Property investment without owning a property
Product Details
Type of Investment
Open Ended – Mutual Fund
Joint Account
Permissible
Beneficiaries
Permissible
Fund Returns
Fund returns are variable with dividends paid quarterly. Please contact Home Mortgage Bank to discuss the Fund’s returns.
Payment Options
Electronic Banking (LINX), Cheques, Salary Deductions, Standing Orders
Charges
Nil.
Dividend Payment Options
- a. Reinvested quarterly, or
- b. Dividend credited electronically to your bank account quarterly.
Statement
Monthly
Investment Strategy
Funds invested in a portfolio of prime residential mortgages
Minimum Investment
TT$500.00
Notice to Withdraw
Nil. Redemption cheques are prepared immediately upon request. Cheques are payable to the
investor.