By A Web Design

Stock Name Closing
CFAL Global Equity Fund GEF   NAV:114.0922
CFAL Bond Fund CBF   NAV:1.617704
CFAL Money Market Investment Fund CMM   NAV:1.649886
CFAL MSI Preferred Investment Fund CBA   NAV:2.986870
CFAL Global Bond Fund GBF   NAV:118.4255

PDF Print E-mail
Written by Erica Wells   
Monday, 14 May 2012 20:46

Chances are some of you are reading this on an Apple iPad. Through April 12th, the world’ most valuable company had surged 653% since the market lows of March 2009, accounting for 8% of the S&P500’s climb. However, the S&P500 has almost doubled since that same time even when Apple is excluded. A look at the perfor- mance of the S&P500 Equal Weighted Index, which gives each com- pany the same contribution regardless of size, has returned 34% annualized over the same period, a full 5.8% more than the capitali- zation weighted S&P500. The conclusion: this has been a broad- based market rally based on strong profit growth. More than 57% of companies listed on the New York Stock Exchange (NYSE) were trading above their 200-day moving average, compared with 7% on October 3rd, the low point for 2011. Apple has no doubt added some excitement to the market but all market sectors have risen. Click on Global Asset Classes: Equities to read more...

Last Updated on Monday, 14 May 2012 20:51
 
PDF Print E-mail
Written by Erica Wells   
Monday, 14 May 2012 20:39

Global stock markets were a mixed bag in March, as gains in the US and Japan were offset by losses in the emerging markets and Europe (excluding Germany). Japan posted an unex- pected trade surplus for February after four straight months of deficits, driven by strong ex- ports to the US. In contrast, Euro-region unemployment rose to its highest level in more than 14 years (10.8%) while manufacturing contracted for an eighth straight month, adding to signs that the region probably slipped into recession in the first quarter. Click on CFAL Global Market Review - March 2012 to read more...

 
PDF Print E-mail
Written by Erica Wells   
Sunday, 13 May 2012 15:19

What do Slovenia, Italy, Czech Republic, Ireland, Greece, Denmark, Portugal, Netherlands, Belgium, UK and Spain all have in common? The answer is they are all in recession. Standard & Poor's (S&P) downgraded Spain by two notches on April 26th in a sign of persistent investor concern over the stability of the Eurozone. The debt dynamics of Spain are rapidly deteriorating as the nation’s bond yields rise. The yield on Spain’s 10-year bond approached 6% in mid-April, renewing concerns that they may be forced to seek an international bailout. CFAL's Global Market Review — April 2012 provides an analyisis of recent trends in the global market...

Last Updated on Sunday, 13 May 2012 15:35
 

Funds Performance Review

CFAL, Third Floor, 308 East Bay Street, P.O.Box: CB 12407, Nassau, New Providence, The Bahamas. Tel: 242-502-7010

canakkale canakkale canakkale truva search canakkale vergi mevzuati bagimsiz denetim ozurlu engelliler