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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
CMMIFL

CFAL Money Market Investment Fund Ltd.

Fund Fact Sheet Performance Report
Fund Inception Date
Feb 14 2001
NAV/ share
$2.298
Risk Level
Low
Total Net Assets
$30.981M
Q2 2023 Return
+0.73%
2023 YTD Return
+1.35%
2022 Return
+3.03%
  • 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.
KEY FACTS
Size of Fund (June 2023) $30.981M Distribution Frequency Weekly
Inception Date February 14 2001 Minimum Initial Subscription $1,000.00

NAV Per Share (June 2023)

 $2.298 Minimum Additional Subscription $100.00
Benchmark    Weighted Average Term Deposit Rates Management Fees 0.44% p.a.
Asset Class Fixed Income Subscription/ redemption fees 0.00%
Risk Level Low Expense Ratio (2022) 0.69%
Currency    BSD Early Withdrawal Fee No early withdrawals permitted

Current Asset Allocation

FUND DATA
Avg. Current Yield 3.35%
Weighted Avg. Maturity 4.07 yrs
Avg Duration 3.18

 

Target Asset Allocation

TOP 5 SECURITY HOLDINGS
Holdings (%)
Govt of The Bahamas Treasury Bill due 08-15-23 15.28
Bahamas Govt. Registered Stock 4.00% due 02-15-26  11.29
Bahamas Govt. Registered Stock 3.50% due 02-15-24 5.63
Bahamas Govt. Registered Stock 3.13% due 10-31-23

4.79
Bahamas Govt. Registered Stock 4.531% due 10-22-23 4.30

 

 
 

 

Returns

as of
  QTR2 YTD
Fund (%) +0.73 +1.35
Benchmark (%) +0.13 +0.29
+/- Benchmark (%) +0.60 +1.06

 

Growth of $10,000

 

as of
  1 Year 3 Year 5 Year 7 Year 10 Year Incept.
Fund (%) +2.96 +2.88 +2.75 +2.65 +2.87 +3.79
Benchmark (%) +0.55 +0.52 +0.55 +0.68 +0.87 n/a
+/- Benchmark (%) +2.41 +2.36 +2.20 +1.97 +2.00 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 (%) +1.35 +3.03 +2.71 +2.60 +2.70 +2.43 +2.41 +2.73
Benchmark (%) +0.29 +0.51 +0.53 +0.46 +0.59 +0.84 +1.00 +1.24
+/- Benchmark (%) +1.06 +2.52 +2.18 +2.14 +2.11 +1.59 +1.41 +1.49

 

Growth of $10,000