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

CFAL Balanced Fund Ltd.

Fund Fact Sheet Performance Report
Fund Inception Date
Oct 31 1994
NAV/ share
$5.003
Risk Level
Moderate
Total Net Assets
$23.869M
Q2 2023 Return
+2.18%
2023 YTD Return
+2.16%
2022 Return
+4.87%
  • Investment Objective: CFAL Balanced Fund, Ltd. (“the Fund”) seeks to achieve diversified above-average risk adjusted returns consistent with the Fund’s risk tolerance.
  • Investment Strategy: The Fund will pursue its objective by investing primarily in a blend of equities which possess strong long-term value and growth and high-quality fixed income securities. These investments may include common stock, preference shares corporate and government bonds and cash equivalents.
  • Fund Suitability: This strategy is for long-term investors who seek the highest total return (income & capital appreciation).
KEY FACTS
Size of Fund (June 2023) $23.869M Distribution Frequency Monthly
Inception Date October 31 1994 Minimum Initial Subscription $1,000.00
NAV Per Share (June 2023) $5.003 Minimum Additional Subscription $100.00
Benchmark    Blended Index (BISX/Local Prime Rate/Weighted Avg. Deposits) Management Fees 1.00% p.a.
Asset Class Fixed Income & Equities Subscription/ redemption fees 0.00%
Risk Level Moderate Expense Ratio (2022) 1.11%
Currency    BSD Early Withdrawal Fee No early withdrawals permitted

Current Asset Allocation

 

EQUITY SECTOR ALLOCATION
Sector (%)
Financials 63.06
Energy 22.13
Consumer Staples 8.46
Utilities 3.29
Industrials 1.86
Consumer Discretionary 1.13
Health Care 0.06

Target Asset Allocation

 

TOP 5 COMMON STOCK HOLDINGS
Holdings (%)

YTD 2023

Return (%)
Focol Holdings 5.38 +14.45
Colina Holdings 3.84 +9.08
J.S. Johnson 3.71 +2.30
Commonwealth Bank 3.15 +2.53
CIBC FirstCaribbean (Bah) 2.80 -16.75

Returns

as of
  QTR2 YTD
Fund (%) +2.18 +2.16
Benchmark (%) +3.79 -0.62
+/- Benchmark (%) -1.61 +2.78

 

Growth of $10,000 

as of
  1 Year 3 Year 5 Year 7 Year 10 Year Incept.
Fund (%) +3.79 +4.34 +3.96 +3.67 +4.56 +5.77
Benchmark (%) +1.52 +5.23 +4.70 +3.98 +5.18 n/a
+/- Benchmark (%) +2.27 -0.89 -0.74 -0.31 -0.62 n/a

 

Returns longer than 1 year are annualized

 Growth of $10,000

as of
  2023
YTD		 2022 2021 2020 2019 2018 2017 2016
Fund (%) +2.16 +4.87 +5.32 +1.58 +2.93 +2.49 +5.68 +3.82
Benchmark (%) -0.62 +11.18 +5.28 -1.28 +4.88 +3.20 +6.59 +7.04
+/- Benchmark (%) +2.78 -6.31 +0.04 +2.86 -1.95 -0.71 -0.91 -3.22

 

Growth of $10,000