MONEY MARKET INVESTMENT FUND

The primary investment objective of CFAL Money Market Investment Fund, Ltd., is to preserve the principal value of the investment while providing short-term (weekly) availability of funds.

In addition, the fund will seek to invest in assets that will provide income sufficient to pay returns to investors competitive with liquid unsecured bank deposits rates prevailing in The Bahamas.

BOND FUND

The Fund seeks a high total investment return by investing in a portfolio of high-quality, fixed income securities. The Fund will be managed for return on principal as well as return of principal. In evaluating securities, the Investment Manager will utilize its internal credit analysis resources as well as financial and economic information obtained from various sources. It is intended that all income distributions generated will be retained by the Fund and automatically reinvested for the benefit of the investors.
The primary investment objective of the Fund is to preserve the principal value of the investment while returning a yield of approximately 25-50 basis points above local Prime Rate.

BALANCED FUND

The Fund seeks to achieve long term capital appreciation and income by investing its assets in equities, fixed income securities and private label investments available in the Commonwealth of the Bahamas. By emphasising a diversity of domestic instruments for capital preservation, steady income flow, and the opportunity for capital appreciation, the Fund seeks to provide competitive returns to shareholders. In evaluating securities, the Investment Manager will rely on its internally developed research-driven security selection process to seek attractive companies in their sectors, as well as financial and economic information obtained from various sources. It is intended that all income distributions generated will be retained by the Fund and automatically reinvested for the benefit of the investors.

The Fund’s overall investment objective is the creation of a diversified portfolio which serves to mitigate security specific risk, while producing above average risk-adjusted returns.

GLOBAL BOND FUND

The Fund seeks a high total risk adjusted investment return by investing in a global portfolio of investment grade and non- investment grade fixed income securities. The Fund will be managed for return on principal as well as return of principal. In evaluating securities, the Investment Manager will utilize its internal credit analysis resources as well as financial and economic information obtained from other sources. It is intended that all income distributions generated will be retained by the Fund and automatically reinvested for the benefit of the investors.

While the Investment Manager may maintain a certain percentage of the Fund’s portfolio in the custodian sweep accounts or in ready funds to service anticipated or customary withdrawals, it will attempt to maximize the investment of cash balances and inflows within the risk parameters of the Fund.

GLOBAL EQUITY FUND

The Fund seeks superior long term growth of capital by investing primarily in a global portfolio of equity securities of well- established companies that are believed to have above-average market appreciation potential. In evaluating securities, the Investment Manager will rely on its internally developed research-driven stock selection process to seek attractive companies in their sectors, as well as financial and economic information obtained from other sources. It is intended that all income distributions generated will be retained by the Fund and automatically reinvested for the benefit of the investors.

While the Investment Manager may maintain a certain percentage of the Fund’s portfolio in the custodian sweep accounts or in ready funds to service anticipated or customary withdrawals, it will attempt to maximize the investment of cash balances and inflows within the risk parameters of the Fund.