Goldsmith Investments Limited (2003-08-14)

Summary

This is a public investor alert issued by the British Virgin Islands Financial Services Commission on 14 August 2003 concerning Goldsmith Investments Limited. It warns that the company is not a recognised or registered mutual fund under the Mutual Funds Act, 1996, despite appearing to conduct mutual fund business.

• Company: Goldsmith Investments Limited, operating from PO Box 3152, Road Town, Tortola, and from Goldsmith Investment Fund, 62 Wilson Street, London, England.
• Conduct: The company appears to be conducting mutual fund business and offering funds with a guaranteed annualised return.
• Regulatory status: The company is not registered or recognised as a mutual fund under the Mutual Funds Act, 1996 (as amended).
• Public advice: Members of the public are advised to exercise extreme caution in dealing with this company.

This is an informational public alert rather than a rule or regulatory filing requirement; it does not itself impose ongoing compliance obligations on regulated entities, but signals enforcement/registration risk for anyone dealing with the named company.

Applies to

mutual funds, general public dealing with unregistered mutual funds