Cumax Wealth Management Limited (formerly Credit Union Fund Management Limited – CUFMC) was incorporated in August 2005 as the wealth and asset management arm of the Credit Union Movement. The Credit Union Fund Management Company was formed out of the need for Credit Union members to access foreign currency investments as well as other wealth accumulation products.
The company was rebranded on March 24, 2021 as it seeks to spread its clientele to serve the wider community. The company is a subsidiary of the Jamaica Co-operative Credit Union League and is licensed by the Financial Services Commission (F.S.C.) as a Securities Dealer. We are a member of the Jamaica Stock Exchange, Pension Fund Manager, a Pension Fund Administrator and an approved Collective Investment Scheme (CIS) Fund Manager.
It is a prudent, shareholder/client- centric, technology-enabled employer of choice; delivering 12.5% return on shareholder equity and over J$2.5 Billion worth of value to its clients.
Cumax Wealth is about ‘Making More Possible’.
We are committed to providing our clients with diverse investment options through modern technology, sound business practices and a culture of responsible corporate citizenship. Our strength is built on our core values of Fairness, Integrity, Transparency, Cooperation, Accountability and Respect (FITCAR). We strive to maximize value to our Shareholders and Client by leveraging our long-lasting relationship with the Credit Union Movement, a very strong board and a dedicated team of highly-trained professionals who are committed to serving our clients with exceptional service through our offices in Kingston and select Credit Unions Island wide.
Our suite of dynamic and innovative investment products and services will enhance the investment experience of our clients while maximizing their returns. These include: