The risk rating agency Feller Rate increased the risk rating of JMMB FundsInvestment Fund Management Company, based on its financial maturity, its good level of structures, with sufficient teams for the management, control and monitoring of funds, as well as the existence of adequate manuals, policies and procedures for its management. Likewise, it has the support of the JMMB Group, which has extensive experience in the investment sector in Jamaica and the Caribbean.
Can read: Teachers’ cooperative assets: RD$103,000 MM
About, Jesus CornejoCEO of JMMB Funds highlights the excellent results achieved by the Administrator and the quality and competitiveness of the seven funds they manage, representing a very attractive value proposition for all Dominicans, in order to achieve their financial goals, and which continue to be one of the best investment options available in the country in 2024.
As of the end of May 2024, JMMB FUNDS manages seven investment funds for a total amount of RD$12,469 million, with a share of close to 5.0% of the total investment fund market.
The year 2024 is looking optimistic for JMMB Funds. The company has adequate products to meet the needs of the market and has adjusted its management and administrative structure to achieve the financial and operational goals established in its long-term strategic plan. Currently, JMMB FUNDS funds participate in various productive sectors of the country, providing comprehensive solutions to its clients and investors, together with the other subsidiaries of JMMB Dominican Republic.
