The new investment instrument, which seeks to position itself in the local market by excluding Puerto Rico government bonds from its assets, will hit the market at the end of this week (André Kang)

Puerto Rico mutual funds niche market will enter a new era this week with the public offering of the first open-end fund under Act 93 of 2013, a statute that ended the requirement to invest most of a fund total assets in Puerto Rico securities.


💬See 0 comments