The main purpose of Sagicor Select Funds is to trade in securities listed on recognized exchanges. The company is a wholly owned subsidiary of Sagicor Investment Jamaica. As at the end of February 2019, the company consists of one (1) fund – The Financial Select Fund – a close ended non-diversified investment fund.
The Jamaican Dollar (JMD) showed mixed results against its major traded counterparts. The JMD appreciated against the US Dollar (USD) and British Pound (GBP) with the JMD revaluing by $4.41 against the GBP resulting in a year to date (YTD) loss of only 3.88% when marked against the GBP.