Each Fund is constituted under the Fund Company by the terms of the Articles of Incorporation of the Fund Company which (i) provides for the segregation of assets and liabilities of each Fund; and (ii) attaches class rights to the Shares issued by the Fund Company so the holder of Shares in a particular Fund will have rights in the Fund Company restricted to the assets of the particular Fund or portfolio. The Articles of incorporation strictly prohibit cross-subsidization among two or more Funds but, subject to the investment objective of each Fund, nothing prevents one Fund from investing in another. In other words, each fund will operate as a synthetic “cell” company within the Company. THE FUND COMPANY:
JNFM Mutual Funds Limited t/a JN Mutual Funds.
REGISTERED ADDRESS:
2 Belmont Road, Kingston 5, Jamaica
DIRECTORS:
(i) Earl Jarrett, C.D., J.P., F.C.A., M.Sc. (Acct.),LL.D.(Hon.) (ii) Peter Morris, B.Sc., M.B.A. (iii) Caryl Fenton, FCA, FCCA
PRINCIPAL OFFICERS:
(i) Allan Lewis (ii) Jermaine Deans (iii) Sharon Whitelocke (iv) Patrick Blake (v) Delories Jones (vi)Ramon Small-Ferguson (vii)Karene Miller – Company Secretary
AUDITORS:
KPMG, 6 Duke Street, Kingston, Jamaica
AUTHORIZED CAPITAL:
The authorized share capital of the Fund Company is J$500,000,000,001 divided into: 1 special rights non-participating ordinary share (“the Special Share”); and 500,000,000,000 Participating Redeemable Preference Shares of no par value (“the Investment Shares”).
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