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CFAL info@cfal.com +1 (242) 502-7010 Website related description
The Bahamas P.O.Box CB-12407 Nassau New Providence The Bahamas The Bahamas
CMMIFL

CFAL Money Market Investment Fund Ltd.

Fund Inception Date
Feb 14 2001
NAV/ share
$2.006
Risk Level
Low
Total Net Assets
$19.722M
Q2 2018 Return
2018 YTD Return
2017 Return
  • Investment Objective: CFAL Money Market Investment Fund, Ltd. (The Fund) seeks to provide investors with a return consistent with safety of principal and maintenance of liquidity, while simultaneously providing a return competitive to local commercial bank fixed deposit rates.
  • Investment Strategy: The Fund will seek to achieve its objective by investing in fixed income securities with an attractive total return without undue risk to principal. This strategy is designed for investors seeking attractive returns over a short horizon.  
  • Fund Suitability: This strategy is suitable for ultra-conservative investors seeking attractive returns over a short horizon.
Size of Fund $19.722M Distribution Frequency Weekly
Inception Date February 14 2001 Minimum Initial Subscription $1,000.00
NAV Per Share (June 2018) $2.006 Minimum Additional Subscription $100.00
Benchmark    Weighted Average Term Deposit Rates Management Fees 0.50% p.a.
Asset Class Fixed Income Front-load/ back-load fees 0.00%
Risk Level Low Expense Ratio (2017) 0.75%
Currency    BSD Early Withdrawal Fee No early withdrawals permitted

 

Current Asset Allocation

Target Asset Allocation

 

TOP 5 SECURITY HOLDINGS
Holdings (%)
Bahamas Gov. Registered Stock 5.20% due 07-14-37 7.42
Bahamas Gov. Registered Stock 2.63% due 04-27-19 7.04
Bahamas Gov. Registered Stock 4.391% due 08-27-29 3.96
Bahamas Gov. Registered Stock 5.22% due 10-13-37 3.91
Bahamas Mortgage Corp. Series S 4.75% due 11-01-36 3.90
FUND DATA
Avg. Current Yield 3.35%
Weighted Avg. Maturity 5.88 years
Average Duration 4.07

 

Returns

as of
  QTR2 YTD
Fund (%) +0.48 +1.05
Benchmark (%) +0.30 +0.48
+/- Benchmark (%) +0.18 +0.57

 

Growth of $10,000 

 

as of
  1 Year 3 Year 5 Year 7 Year 10 Year Incept.
Fund (%) +2.26 +2.62 +2.98 +3.19 +3.65 +4.09
Benchmark (%) +0.98 +1.09 +1.24 +1.43 +2.02 n/a
+/- Benchmark (%) +1.28 +1.53 +1.74 +1.76 +1.63 n/a

 

Returns longer then 1 year are annualized

Growth of $10,000 

 

as of
  2018
YTD
2017 2016 2015 2014 2013 2012 2011
Fund (%) +1.05 +2.41 +2.73 +3.37 +3.44 +3.76 +3.65 +4.16
Benchmark (%) +0.48 +1.00 +1.25 +1.41 +1.44 +1.69 +2.04 +2.67
+/- Benchmark (%) +0.57 +1.41 +1.48 +1.96 +2.00 +2.07 +1.61 +1.49

 

 Growth of $10,000