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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
$2.376
Risk Level
Low
Total Net Assets
$34.539M
Q3 2024 Return
+0.71%
2024 YTD Return
+1.96%
2023 Return
+2.80%
  • 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 (September 2024) $34.539M Distribution Frequency Weekly
Inception Date February 14 2001 Minimum Initial Subscription $1,000.00

NAV Per Share (September 2024)

 $2.376 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 (2023) 0.64%
Currency    BSD Early Withdrawal Fee No early withdrawals permitted

Current Asset Allocation

FUND DATA
Avg. Current Yield 3.27%
Weighted Avg. Maturity 3.43 yrs
Avg Duration 2.76

 

Target Asset Allocation

 

TOP 5 SECURITY HOLDINGS
Holdings (%)
Bahamas Govt. Registered Stock 4.00% due 02-15-26  10.16
Bahamas Govt. Registered Stock 3.25% due 06-28-25  8.74
Govt of The Bahamas Treasury Bill due 02-11-25 6.57
Govt of The Bahamas Treasury Bill due 11-12-24

6.33
Govt of The Bahamas Treasury Bill due 10-17-24 6.10

 

 
 

 

Returns

as of
  QTR3 YTD
Fund (%) +0.71 +1.96
Benchmark (%) +0.15 +0.42
+/- Benchmark (%) +0.56 +1.54

 

GROWTH OF $10,000

 

as of
  1 Year 3 Year 5 Year 7 Year 10 Year Incept.
Fund (%) +2.68 +2.85 +2.75 +2.70 +2.76 +3.73
Benchmark (%) +0.55 +0.54 +0.51 +0.59 +0.78 n/a
+/- Benchmark (%) +2.13 +2.31 +2.24 +2.11 +1.98 n/a

 

Returns longer than 1 year are annualized

 

GROWTH OF $10,000

as of
  2024
YTD		 2023 2022 2021 2020 2019 2018 2017
Fund (%) +1.96 +2.80 +3.03 +2.71 +2.60 +2.70 +2.43 +2.41
Benchmark (%) +0.42 +0.55 +0.51 +0.53 +0.46 +0.59 +0.84 +1.00
+/- Benchmark (%) +1.54 +2.25 +2.52 +2.18 +2.14 +2.11 +1.59 +1.41

 

GROWTH OF $10,000