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Types of Funds

A mutual fund, incorporated or formed under the laws of the BVI, or otherwise carrying business from within the BVI, must be registered or recognized under SIBA as (a) Professional Fund; (b) Private Fund; or (c) Public Fund:

(a) Private

  • No more than 50 investors;
  • Private invitations only for subscriptions.

(b) Professional

  • Professional or high net worth investors;
  • Minimum investment of US$100,000.00 per investor.

(c) Public

  • Neither Private nor Professional;
  • Shares sold publicly.
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