Warning For a better experience on CFAL,  update your browser.
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 Bond Fund Ltd.

Fund Fact Sheet Performance Report
Fund Inception Date
Aug 31 2003
NAV/ share
$2.824
Risk Level
Low
Total Net Assets
$553.594M
Q1 2025 Return
0.96%
2025 YTD Return
+0.96%
2024 Return
+3.85%
  • Investment Objective: CFAL Bond Fund, Ltd. (“the Fund”) seeks to preserve the principal value of the investment while returning a yield approximately equal to the local prime rate (currently 4.25%).
  • Investment Strategy: The Fund will pursue its objective by investing primarily in a diversified mix of high yield, high quality short-term and long-term fixed income securities. These investments may include corporate bonds and commercial papers, mortgage-related and asset backed securities, government registered stocks and preferred stock investments.
  • Fund Suitability: This strategy is suitable for conservative investors seeking current income and relatively secure capital.
KEY FACTS
Size of Fund (March 2025) $553.594M Distribution Frequency Monthly
Inception Date August 31 2003 Minimum Initial Subscription $1,000.00
NAV Per Share (March 2025) $2.824 Minimum Additional Subscription $100.00
Benchmark    Local Prime Rate (currently 4.25%) Management Fees 0.50% p.a.
Asset Class Fixed Income Subscription/ redemption fees 0.00%
Risk Level Low Expense Ratio (2023) 0.53%
Currency    BSD Early Withdrawal Fee No early withdrawals permitted

Current Asset Allocation                                                                        Target Asset Allocation

                      

FUND DATA
Avg. Current Yield 4.18%
Weighted Avg. Maturity 8.32 years
Average Duration 5.31
TOP 5 SECURITY HOLDINGS
Holding %
Nassau Cruise Port 6.00% Fixed Rate Bond due 06-30-40 7.23%
Bahamas Grid 8.00% Senior Unsecured Bonds due 07-31-44 4.18%
BGRS 3.31% due 10-31-25 3.91%
Bahamas Govt. T-Bill due 04-17-25 3.20%
Bahamas Govt. T-Bill due 08-12-25 3.15%

              

Returns

as of
  QTR1 YTD
Fund (%) +0.96 +0.96
Benchmark (%) +1.06 +1.06
+/- Benchmark (%) -0.10 -0.10

 

GROWTH OF $10,000 

as of
  1 Year 3 Year 5 Year 7 Year 10 Year Incept.
Fund (%) +3.85 +3.88 +4.09 +4.04 +4.11 +4.92
Benchmark (%) +4.25 +4.25 +4.25 +4.25 +4.34 n/a
+/- Benchmark (%) -0.40 -0.37 -0.16 -0.21 -0.23 n/a

 

Returns longer than 1 year are annualized

 

GROWTH OF $10,000 

 

as of
  2025
YTD		 2024 2023 2022 2021 2020 2019 2018
Fund (%) +1.06 +3.85 +3.95 +3.87 +4.35 +4.55 +3.73 +3.97
Benchmark (%) +4.25 +4.25 +4.25 +4.25 +4.25 +4.25 +4.25 +4.25
+/- Benchmark (%) -0.10 -0.40 -0.30 -0.38 +0.10 +0.30 -0.52 -0.28

 

GROWTH OF $10,000