Investing in mutual funds offers benefits you won’t get from trading individual stocks and bonds on your own.
The GBTI Mutual Fund is a pool of money invested by people with similar investment objectives. People who invest money become unitholders of the mutual fund (“Unitholders”). Unitholders share the mutual fund’s income, expenses, and any gains or losses the mutual fund makes on its investments in proportion to the number of units they own. The Guyana Bank for Trade and Industry Limited (GBTI) Mutual Funds are managed by Guyana Americas Merchant Bank.
There are three classes of Funds offered, these are:
The GuyAm Bank’s SmartStart program is specially crafted to grow alongside your child. It allows parents or guardians to invest in Mutual Funds on behalf of their child. It is a long-term commitment that may play a crucial role in ensuring their financial independence.
At the age of 18, your child will be able to gain full access to these investments through a conversion process. The minimum amount required to start a Smart Start account is GYD 25,000, we wholeheartedly understand the significance of instilling solid money habits right from the beginning.
To open a SmartStart account, parents/guardians are kindly requested to provide the following documents:
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