Tuesday, March 11, 2014

Sagicor Investments’ HIP Healthcare Investment Note up 16 per cent

Sagicor Investments Jamaica Limited has announced the maturity of its High Investment Potential (HIP) Healthcare Investment Structured Note after eight months.  Investors have received an actual return of 6.26% for the eight-month period. This translates to an annualized return of 9.56%. .

The HIP Healthcare Investment Note was made available to institutional and private clients and was  linked to the Health Care Sector in the United States. The note provided investors with a guaranteed coupon, equity returns through exposure to the healthcare industry and capital preservation. It matured on January 18, 2014. 

Donovan H. Perkins, President & CEO of Sagicor Investments, said the investment opportunity represented reflects an opportunity to earn above average returns in attractive segments of the US equities market, taking advantage of market trends through analysis.  “We thought it was a great opportunity to diversify risk, guarantee returns and get some added upside in other markets”.  Perkins added.


The HIP Healthcare Investment Note represents one of a range of innovative Structured Products offered by Sagicor Investments. “A growing range of investment options with at favourable returns are available to our clients,” Perkins said.

Sagicor Investments has provided a variety of non-traditional financial products that have allowed investors to earn above-market returns that provide capital protection while seeking to provide a risk-return target based on our investors’ profile and needs. Products fall within one of three distinct classes:

Capital Protected Products – provides investors with a protection of capital through to maturity while allowing them to participate in selected returns available through other securities.

Yield Enhancement Products – designed to provide above market returns, achieved through leverage.

Portfolio Participation Products – allows participation in a tailored basket of securities including bonds, equities, options, currencies or commodities with clients having the opportunity of choosing principal protection.

Sagicor Investments, to follow up with more innovative products on a regular basis in 2014

Sagicor Investments Jamaica Limited is an award-winning member of the Sagicor Jamaica Group and a member of the Jamaica Stock Exchange.  It is one of Jamaica’s leading financial services providers. With nearly three decades of experience in the market, the firm offers a wide range of individual and corporate investment products covering local, regional and international markets. Sagicor Investments has been recognised numerous times at the Jamaica Stock Exchange Best Practice Awards, winning top honours for its Annual Report, Dealer Investor Relations, Dealers Revenue Generation and Market Activity, Corporate Disclosure and Investor Relations and the prestigious Governor General’s Award for Excellence. 

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