non-voting class A common shares on the Bermuda Stock Exchange.

"The investment objective of the fund is to achieve long term returns in excess of those returns achievable by investing in US Treasury bonds, whilst maintaining liquidity and managing investment risk, credit risk and volatility,'' a press release stated.

The fund's core portfolio will be made up of US Treasury securities and other US government debt. Bermuda-based Voyager Financial Services Ltd. is sponsoring the listing. Paul Lemmon of Voyager Financial is the president and director of the fund.