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About The CIF

The Co-Operative Investment Fund (CIF) was established by a group of co-operative organizations in Barbados. Registered on August 31, 2018 No: 201 under the Co-operative Societies cap 378A under the Laws of Barbados, its primary goal is to tap into the financial resources of Barbadians from diverse backgrounds, with the specific aim of revitalizing the Barbadian economy and significantly enhancing economic activity on the island.

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In a nation where 90% of the financial services sector is owned by foreign entities, and previously locally owned companies have been acquired by external interests, critical decisions are now being made abroad.

 

The CIF aims to introduce a fresh perspective on investing by offering all Barbadians the chance to participate in investment initiatives on the island. This initiative comes at a time when the investment environment is focused on promoting 'sell' Barbados at any cost.

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As an independent nation, we must pursue alternatives. The Co-operative Investment Fund offers a viable solution.

 

The CIF was set up by the following members:

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Corporations

  • Barbados Co-operative Business Association Ltd

  • Prudential Co-operative Credit Union Ltd

  • St. Stephen's Co-operative Credit Union Ltd

 

Individuals

  • Carson Moore

  • Jacqueline Hope

  • Charmaine Ward

  • Mia C. Doyle

  • Leonard Seale
     

CIF By-laws & Prospectus (Download)

Benefits of The CIF

A renewed initiative is underway to reassess the enfranchisement process for Barbadians. Current investment options have not effectively motivated small, potential investors. The Co-operative Investment Fund seeks to fill this gap by offering a competitive 3% Return on Deposits.

INDIVIDUAL BENEFITS

  • Greater Return on Investment

  • No Fees Levied on Investments

  • Decision-making Opportunities

  • Economic Enfranchisement

GROUP BENEFITS

  • Increased Revenues

  • Reduced Risk via Pooling

  • Greater Group Cohesiveness

  • Economic Democracy

CIF Management

CIF Funds are invested in accordance with the Co-operative Societies Act and the Laws of Barbados.

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  • Every effort is made to ensure full accountability and transparency for all transactions

  • Each organisation participating in the Fund has the opportunity to nominate a representative to sit on the Board of Trustees

CIF Board Of Directors

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Oriel

Doyle

President

Oriel leads the team to identify lucrative investment opportunities. With over 20 years of experience, he has a strong track record of maximizing client returns. He is passionate about innovation in investing.

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Algernon Johnson 

Treasurer

Al is the dedicated treasurer of our investment fund, overseeing financial operations and ensuring optimal asset management. With a background in finance, he is committed to driving sustainable growth for our members.

Professional Portrait

Charmaine Ward

Secretary

Charmaine is a skilled secretary at excelling in organization and communication. Her finance background ensures team efficiency.

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Andrew Hackett

Director

Andrew is an experienced investment professional, leading our fund with a focus on innovation and growth. Known for strategic insights, he maximizes portfolio returns.

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