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New investment option to be launched

Damion Mitchell, Freelance Writer

PORUS
THE JAMAICA National Fund Manager's Limited (JNFM) will next week launch its newest line of products, Wealth Maximiser is a group investment account.

In making this disclosure at a cocktail reception and forum held at the Bloomfield Great House in Mandeville on Tuesday, JNFM's Assistant General Manager, Sharon Smith, said the new product will complement the existing loans and savings programmes which mainly cater to individual investors.

"This project targets the middle income and lower middle income individuals", said Mrs. Smith, while pointing out that a maximum of six persons with a minimum amount of $50,000 or US$10,000 may open the account. She continued that the Wealth Maximiser also provides a higher interest rate than regular savings.

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