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 Balanced Fund Ltd.

Fund Inception Date
Oct 31 1994
NAV/ share
$5.201
Risk Level
Moderate
Total Net Assets
$26.157M
Q4 2023 Return
2023 Return
2022 Return
  • 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 (December 2023) $26.157M Distribution Frequency Monthly
Inception Date October 31 1994 Minimum Initial Subscription $1,000.00
NAV Per Share (December 2023) $5.201 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 65.65
Energy 21.22
Consumer Staples 7.46
Utilities 2.76
Industrials 1.82
Consumer Discretionary 1.03
Health Care 0.05

Target Asset Allocation

 

TOP 5 COMMON STOCK HOLDINGS
Holdings (%)

2023 Return (%)

Focol Holdings 4.96 +22.69
Commonwealth Bank 4.17 +57.03
Colina Holdings 3.75 +22.95
J.S. Johnson 3.25 +4.79
CIBC FirstCaribbean (Bah) 2.47 -14.76

Returns

as of
  QTR4 YTD
Fund (%) +2.38 +6.18
Benchmark (%) +3.53 +5.97
+/- Benchmark (%) -1.15 +0.21

 

Growth of $10,000

 

 

as of
  1 Year 3 Year 5 Year 7 Year 10 Year Incept.
Fund (%) +6.18 +5.46 +4.16 +4.14 +4.68 +5.81
Benchmark (%) +5.97 +7.44 +5.13 +4.87 +5.53 n/a
+/- Benchmark (%) +0.21 -1.98 -0.97 -0.73 -0.85 n/a

 

Growth of $10,000

​​​​​

Returns longer than 1 year are annualized
as of
  2023 2022 2021 2020 2019 2018 2017 2016
Fund (%) +6.18 +4.87 +5.32 +1.58 +2.93 +2.49 +5.68 +3.82
Benchmark (%) +5.97 +11.18 +5.28 -1.28 +4.88 +3.20 +6.59 +7.04
+/- Benchmark (%) +0.21 -6.31 +0.04 +2.86 -1.95 -0.71 -0.91 -3.22

 

Growth of $10,000