Overview
First Citizens Investment Services Limited (FCISL) gives you personal access to global opportunities. Our financial strength, matched by our industry expertise, keeps your portfolio ahead of the market.
Our Research Unit has become renowned for the world class analysis and thought leadership. We produce periodic publications on diverse economic and financial topics in all of the territories in which we operate.
Products and Services
Managed Accounts
A portfolio of investments created especially for you with your financial goals and
needs in mind. We assess your risk appetite along with your investment time
horizon and recommend a portfolio that you are comfortable with.
Benefits:
- Expert management by a team of professional portfolio managers and analysts
- Diversification through asset allocation and access to global markets
- Assignment of a dedicated Wealth Manager for consultation on your portfolio
Fees:
- From 1.5% per annum
Minimum investment: TT $1,000,000.00
Bond Trading
We are the leaders in bond trading at First Citizens Investment Services Limited.
With an active experienced bond trading desk, our traders liaise with key
international brokerage houses and receive up to the minute market information
and insights. This allows clients to diversify their portfolio away from solely equities
to local, international, sovereign and corporate exposures.
Benefits
- Access to a wide range of local and international fixed income securities
- Competitive pricing, no fees attached
- Quick execution of trades
- Real time market information
Fixed Income Paper (FIP)
This repurchase agreement is backed by a debt instrument issued by a
government or corporation.
Benefits:
- Securities pledged with the Trinidad and Tobago Central Depository (TTCD)/an independent custodian
- Competitive rate of return
- Relatively low risk (refer to the brief description of risk outlined in Risk Disclosure section)
- Fixed rate of return
- Low initial minimum investment of TT $100,000 or US $15,000
- No fees
- Upon maturity, your funds can be paid via an Autmatic Clearing House ?(ACH) payment or managed cheques
Appendix 1 of 8
Appendix 2 of 8
Appendix 3 of 8
Appendix 4 of 8
Appendix 5 of 8
Appendix 6 of 8
Appendix 7 of 8
Appendix 8 of 8
Local Brokerage Services
We actively trade in equities through our subsidiary, First Citizens Brokerage &
Advisory Services — a member of the Trinidad and Tobago Stock Exchange
(TTSE), thereby ensuring that we provide a complete range of services which
cater to your investing needs.
Brokerage Account Benefits
Consolidation
Consolidate your investment portfolio into a single brokerage account which would allow you and your investment professional to regularly monitor and track your financial strategy and see how it is meeting your needs. As a client you benefit from:
- More control and Less Paper – Fewer accounts mean greater control and less paperwork.
- Convenient Account Access – day and night access, with a single login.
- Enhanced Service – With your assets combined into a single account, client service is centralized, so you will get improved response times.
- Experience the Power of Combining Assets – Combining your assets provides you and your investment professional with a more holistic view of your portfolio for more effective asset allocation.
Convenience
Dividends, interest and bond redemption proceeds for securities will be credited to your account on scheduled payment dates, and you can arrange to receive these proceeds automatically and on a regular basis. Your portfolio will also be monitored for possible early redemptions, tender offers, mergers, name changes and other corporate actions.
Member of SIPC
Pershing is a member of the Securities Investor Protection Corporation® (SIPC®). As a result, securities in your account are protected up to USD 500,000 (of which USD 250,000 can be for claims for cash awaiting reinvestment). For details, please go to www.sipc.org.
Excess of SIPC Coverage
In addition to SIPC protection, Pershing provides coverage in excess of SIPC limits from Lloyd’s of London, in conjunction with other insurers. The excess of SIPC coverage provides the following protection for assets held in custody by Pershing and Pershing Securities Limited, its London based affiliate:
- An aggregate loss limit of $1 billion for eligible securities—across all client accounts
- A per-client loss limit of USD 1.9 million for cash awaiting reinvestment —within the aggregate loss limit of USD 1 billion
Neither SIPC nor the excess of SIPC coverage protects against loss due to market fluctuation of investments. For more information about Lloyd’s of London, please see www.lloyds.com.
Simplicity
Selling your securities is as simple as contacting your investment professional. There is no inconvenience or delay in locating and delivering your securities when they are held in your brokerage account.
Short Settlement Cycle
The Securities and Exchange Commission (SEC) rule regarding three-day settlement requires that your securities transactions settle on the third business day following the trade. This means that when selling securities, your certificates are required to be in your brokerage account within three business days. Having your securities in a brokerage account eliminates the need to worry about your securities being delivered on time as the securities are already in your account.
- An excess of SIPC coverage claim would only arise in the unlikely event that Pershing fails financially and client assets for covered accounts—as defined by SIPC for Pershing LLC accounts or the Financial Services Compensation Scheme (FSCS) for Pershing Securities Limited accounts—cannot be located due to theft, misplacement, destruction, burglary, robbery, embezzlement, abstraction, failure to obtain or maintain possession or control of client securities, or to maintain the special reserve bank account required by applicable rules.
- The USD 1 billion aggregate loss limit for eligible securities is the highest policy offered in the industry.
- Only equities and load funds are subject to a three-day settlement cycle.
Fees
- Commissions – 1.25% of the trade value
- TTSE/TTCD – 0.21% of the trade value
We are located at:
17 Wainwright Street
St. Clair, Port of Spain
Trinidad & Tobago
Tel: (868) 622-3247
Email: brokerage@firstcitizenstt.com
Level 8-01, Gulf City Mall,
Gulf City Avenue,
Gulf View, La Romaine
Tel: (868) 653-9857
Email: brokerage@firstcitizenstt.com
Global Investment Solutions
First Citizens Investment Services Limited has partnered with Pershing LLC, a Bank of New
York Mellon subsidiary, and the industry’s leading business solutions provider to bring you
international trading access at your fingertips through a robust, user-friendly platform.
Benefits
- Secure method of trading on your own in US markets
- Access to equity and bond instruments on the US, Canada andother international markets
- Low initial account minimum of US $5,000*
- Option to trade on your own or with guidance
*Don’t have USD, but another available hard currency? Contact one of our Wealth Management personnel to get advice on how to proceed.
Fees
Trading on your own (US markets only)
- 0.65% of the value of the trade with a US $35 minimum
- US $2 custodian fee for securities held in a non-US market per month
- US $100 re-activation fee
Trading with guidance (US and most international markets)
- 0.95% of the value of the trade with a US $35 minimum
- US $2 custodian fee for securities held in a non-US market per month
- US $100 re-activation fee
Global Managed Portfolios
First Citizens Global Managed Portfolios give you an intuitive and integrated experience made to offer:
- Expertise
- Options
- Access
- A dedicated Investment Associate assigned to your account
Mutual Funds
Abercrombie Fixed Income Fund
Get higher returns on your investment dollars! A TT Dollar denominated Fixed Income Fund, returns are calculated daily and credited monthly and you have the option to reinvest in your fund.
Paria Fixed Income Fund
Enjoy greater returns from your US dollars! A US dollar denominated Fixed Income Fund, returns are credited monthly and you have the option to re-invest in your fund account for greater growth.
Immortelle Income & Growth Fund
Enjoy long-term capital growth on your investment! You can start your investment with at least $500 and make further investments of $100. Dividends can be re-invested into your fund.
El Tucuche Fixed Income Fund
Generate superior returns with the El Tucuche Fund! You get quarterly dividends and can start your investment with $1,000. You can make additional investments of $100. Dividends can be reinvested into your fund.
Liquidity Management
Let your capital work for you. When your company is liquid, this excess cash can earn superior short-term returns.
First Citizens Investment Services’ Liquidity Management Unit backs your investment with quality securities that gives you the best risk adjusted returns.
As the largest repo trader in the Caribbean, we will find a secure home for your funds, negotiating the most competitive rates while optimizing your returns.
We create portfolios with a mix of Money Market and Fixed Income instruments, trading USD10 to 15 million daily. An active secondary market is vital for liquidity management. Why let your bonds sit in a vault when you can leverage them for better returns?
Liquidity Management services offered:
- Immediate allocation of short-term funds
- Sourcing of long-term bonds within one to two days
- Confirmation and settlements within 24 hours
Other client services offered:
- Competitive pricing on the purchase and sale of bonds
- Ready access to information through our quarterly and weekly publications
Effectively managing risk:
- Protection against price risk – we own the underlying bond and do the hedging
- Instant rate information – quick turnover
- Strong legal documentation backing your investment
- Easy electronic transfer of bonds
By keeping ourselves in close touch with our customer base, we can always match a buyer with a seller and an investor with security, offering creative solutions to match your return expectations.
Contact us Today:
Trinidad (868) 622-3247
St. Lucia (758) 450-2662
Barbados (246) 426-2020
St. Vincent & The Grenadines (784) 453-2662
SEC Filings
September 2025
June 2025
Mutual Fund Annual Report
Abercrombie TTD Monthly Fixed Income Fund Annual Report June 2025
El Tucuche Fixed Income Fund Annual Report June 2025
Immortelle Income and Growth Fund Annual Report June 2025
Paria USD Monthly Fixed Income Fund Annual Report June 2025
Summary of Investment
Summary of Investment Portfolio Abercrombie June 2025
Summary of Investment Portfolio El Tucuche June 2025
Summary of Investment Portfolio Immortelle June 2025
March 2025
December 2024
September 2024
June 2024
March 2024
December 2023
September 2023
Client Notices and Advisories
Conflict of Interest Rules Statement
Conflict of Interest Rules Statement
First Citizens has completed the operationalization of Phase Two of the legal restructure of the First Citizens Group.
With the First Citizens Bank Limited Vesting Order, 2024 coming into effect on 1st October 2024, First Citizens Investment Services Limited’s shares were transferred from First Citizens Bank Limited to First Citizens Group Financial Holdings Limited.
This change required the submission of a Revised Conflict of Interest Rules Statement to our regulator, the Trinidad and Tobago Securities Exchange Commission (TTSEC). The revised Form 23 was filed with the Commission on 2nd October 2024.
Pursuant to section 67(3) (b) of the TTSEC Securities (General) By-laws 2015, we now share this statement with our clients.
Frequently Asked Questions
- What is a Conflict of Interest Rules Statement?
This statement declares to clients that First Citizens Investment Services Limited (FCIS) may have a connection with the securities that a client would have invested in through FCIS. For example, FCIS may be the issuer of the security, or FCIS may be related to the issuer. - Why am I receiving this statement now?
Upon being on boarded as a client with FCIS, you would have received the original Conflict of Interest Rules Statement. Following the corporate legal restructure of the First Citizens Group, this statement has been updated to reflect the new relationship between FCIS and the holding company, First Citizens Group Financial Holdings Limited. In accordance with section 67 (3)(b) of the TTSEC Securities (General) By-laws 2015 we are now required to share this updated statement with our clients. - What is the impact of this change in the statement on my relationship with FCIS or my investments?
There is no impact on your relationship with FCIS or on your investments. FCIS remains committed to being transparent in all aspects of interaction with our clients.
For More Information
Please see the referenced Securities By Laws on the Trinidad and Tobago Securities and Exchange Commission’s website at https://www.ttsec.org.tt/securities-by-laws-2015/
Should you have any additional queries, please email wealth@firstcitizenstt.com
Risk Profile Calculator
Contact Us
-
01
- Trinidad and Tobago 02
- Barbados 03
- St. Vincent 04
- St. Lucia
First Citizens Investment Services
Trinidad & Tobago
Port of Spain Centre
17 Wainwright Street,
St. Clair
Port of Spain
Tel: (868) 622-3247
Email: northfcis@firstcitizenstt.com
San Fernando Centre
Level 8-01, Gulf City Mall,
Gulf City Avenue,
Gulf View, La Romaine
Tel: (868) 653-9857
Email: southfcis@firstcitizenstt.com
First Citizens Investment Services
Barbados
One Welches,
St. Thomas, Barbados, W.I.
Tel: (246) 417-6810
Fax: (246) 421-2140
First Citizens Investment Services
St. Vincent
2nd Floor, Lewis Pharmacy Building,
Corner of James and Middle Streets,
Kingstown
Tel: (784) 453-2662
Fax: (784) 453-3800
First Citizens Investment Services
St. Lucia
John Compton Highway
Sans Souci
Castries
Tel: (758) 450-2662
Fax: (758) 451-7984
