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Sagicor Select Funds to launch new IPO

Sagicor Select Funds Limited is set to launch another initial public offering (IPO) for its newly created fund – Sagicor Manufacturing and Distribution Select Fund. 
 
This new fund is the second of its kind to be created.
 
It represents funds which comprise stocks for manufacturing and distribution companies currently trading on the Main and Junior Markets of the Jamaica Stock Exchange.
 
The company is seeking to raise $4 billion from this new IPO.


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