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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
CGBFL

CFAL Global Bond Fund Ltd.

Fund Fact Sheet Performance Report
Fund Inception Date
Jun 30 2008
NAV/ share
$206.883
Risk Level
Moderate
Total Net Assets
$14.17M
Q2 2021 Return
+2.33%
2021 YTD Return
+2.47%
2020 Return
+3.47%
  • Investment Objective: CFAL Global Bond Fund, Ltd. (“Global Bond 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 and return of principal.
  • Investment Strategy: The Fund will pursue its objective by investing in U.S. Government Bonds and high-quality corporate bonds, U.S. dollar denominated debt and debt-like securities of issuers domiciled outside the U.S. In evaluating securities, the Investment Manager will utilize its internal credit analysis resources as well as financial and economic information obtained from other resources.
  • Fund Suitability: This strategy is for long-term investors who seek high total return without undue risk to principal.
Size of Fund $14.170M Distribution Frequency Quarterly
Inception Date June 30 2008 Minimum Initial Subscription $5,000.00 + 1.75% stamp tax
NAV Per Share (Jun. 2021)              $206.883 Minimum Additional Subscription                   $1,000.00 + 1.75% stamp tax
Benchmark    The BofA Merrill Lynch 5-7 Year US Corporate & Government Index Management Fees 0.00% p.a.
Asset Class Fixed Income Subscription/ redemption fees 0.00% (1.75% government taxes apply)
Risk Level Moderate Expense Ratio (2019) 0.16%
Currency    USD Early Withdrawal Fee No early withdrawals permitted

Current Asset Allocation

Target Asset Allocation

 
TOP 5 SECURITY HOLDINGS
Holdings (%)
Nassau Cruise Port Limited 8.00% USD Fixed Bond due 06-30-40 13.53
Commonwealth of the Bahamas 6.95% due 11-20-29 7.94
NAD 8.50% due 12-31-31 7.05
iShares iBoxx Investment Grade Corporate Bond ETF 4.80
Amazon.com Inc 2.50% due 11-29-22 4.72
FUND DATA
Avg. Current Yield 4.62%
Weighted Avg. Maturity 7.52 years
Average Duration 5.06
 

 

PORTFOLIO DURATION ALLOCATION
Duration % of Bond Holdings YTM Avg. Duration
Under 1 year 5.50 2.10 0.30
1 – 3 years 26.20 2.90 2.20
3 – 5 years 20.10 1.80 3.90
5 - 7 years 26.90 6.40 6.20
7 - 10 years 21.30 7.80 9.40
CREDIT QUALITY
S&P Rating (%)
AAA – A- 32.60
BBB+ - BBB- 21.40
BB- 28.80
Not Rated 17.10

Returns

as of
  QTR2 YTD
Fund (%) +2.33 +2.47
Benchmark (%) +1.71 -1.43
+/- Benchmark (%) +0.62 +3.90
as of
  1 Year 3 Year 5 Year 7 Year 10 Year Incept.
Fund (%) +5.34 +4.69 +4.31 +4.84 +5.74 +5.75
Benchmark (%) +0.19 +6.19 +3.34 +3.67 +3.81 n/a
+/- Benchmark (%) +5.15 -1.50 +0.97 +1.17 +1.93 n/a

 

Returns longer than one year are annualized.
as of
  2021
YTD		 2020 2019 2018 2017 2016 2015 2014
Fund (%) +2.47 +3.47 +5.76 +3.26 +6.08 +3.95 +5.54 +7.86
Benchmark (%) -1.43 +8.87 +9.06 -0.83 +4.76 +3.60 +1.00 +8.70
+/- Benchmark (%) +3.90 -5.40 -3.30 +4.09 +1.32 +0.35 +4.54 -0.84

 

Growth of $10,000