The Bahamas has taken a progressive approach to fund legislation. The
Investment Funds Act 2003 positions the country at the leading edge of
modern investment fund administration. The Act recognizes four types of
Funds: Standard, Professional, SMART and Recognised Foreign Fund.
The Smart Fund is a specific mandate alternative regulatory test fund suitable for innovative structuring of investment funds.

Our commitment to providing the highest level of fund administration coupled with the country’s progressive approach to legislation, continues to make The Bahamas one of the most competitive international financial services centers.