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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 Bond Fund Ltd.

Fund Fact Sheet Performance Report
Fund Inception Date
Aug 31 2003
NAV/ share
$2.852
Risk Level
Low
Total Net Assets
$576.790M
Q2 2025 Return
1.00%
2025 YTD Return
+1.97%
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 (June 2025) $576.790M Distribution Frequency Monthly
Inception Date August 31 2003 Minimum Initial Subscription $1,000.00
NAV Per Share (June 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 (2024) 0.53%
Currency    BSD Early Withdrawal Fee No early withdrawals permitted

Current Asset Allocation                                                                        Target Asset Allocation

                      

FUND DATA
Avg. Current Yield 4.43%
Weighted Avg. Maturity 8.79 years
Average Duration 5.44
TOP 5 SECURITY HOLDINGS
Holding %
Nassau Cruise Port 6.00% Fixed Rate Bond due 06-30-40 6.97
EA Energy 8.00% Senior Unsecured Bonds due 04-30-45 4.60
Bahamas Grid 8.00% Senior Unsecured Bonds due 07-31-44 4.15
BGRS 3.31% due 10-31-25 3.78
Island Power Producers Ltd. Bridge Bonds 5.50% due 12-31-25 3.45

              

Returns

as of
  QTR2 YTD
Fund (%) +1.00 +1.97
Benchmark (%) +1.06 +2.12
+/- Benchmark (%) -0.06 -0.15

 

 GROWTH OF $10,000

 

as of
  1 Year 3 Year 5 Year 7 Year 10 Year Incept.
Fund (%) +3.92 +3.90 +4.08 +4.05 +4.10 +4.91
Benchmark (%) +4.25 +4.25 +4.25 +4.25 +4.32 n/a
+/- Benchmark (%) -0.33 -0.35 -0.17 -0.20 -0.22 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 (%) +1.97 +3.85 +3.95 +3.87 +4.35 +4.55 +3.73 +3.97
Benchmark (%) +2.12 +4.25 +4.25 +4.25 +4.25 +4.25 +4.25 +4.25
+/- Benchmark (%) -0.15 -0.40 -0.30 -0.38 +0.10 +0.30 -0.52 -0.28

 

GROWTH OF $10,000