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Summary

Strategy and Objective

The RF High Yield Income Fund is an open-ended mutual fund that invests its assets in a portfolio of global and regional fixed income securities.

As a participant in the Central Bank Exchange Control Liberalization Program, the High Yield Income Fund allows Bahamian investors to legitimately gain investment exposure to a diversified portfolio of international securities, without having to seek Central Bank Exchange Approval.


Asset Allocation

As of 31 December 2023

NAV (Mar, 2024) B$12.5544
YTD Change 0.79%
Key Fund Details
Inception November 2013
Open to Investment Yes
Size 11.21M
Type Global Fixed Income
Currency B$
Min Sub Size $2000
Min Add Sub $500
Redemptions Fee Declining Surrender Charge (DSC) based on redemption value. Subject to $50 minimum.
0-24 months – 2%
25-36 months – 1.5%
37-48 months – 1.0%
49-60 months – 0.5%
Thereafter: $50 flat
NAV Frequency Monthly

Performance

Calendar Year Returns

B$ $10,000 Hypothetical Investment Over Time


As of Mar, 2024
class="America/Cayman" >

Portfolio

Investment Exposure

Top Holdings

U.S. Government Bonds 33.72%
U.S. Corporate Bonds - FIN 17.68%
U.S. Corporate Bonds - IND 15.65%
Private Credit Fund 13.10%
Corporate Preference Shares 8.08%

Fees & Expense

Fees & Expense

Type Detail
Front End Fee Up to 1.00% (optional)
Redemption Fee Declining Surrender Charge (DSC) based on redemption value. Subject to $50 minimum. 0-24 months 2% 25-36 months 1.5% 37-48 months 1.0% 49-60 months 0.5% Thereafter: $50 flat fee
Administration Fee 0.50%

Literature

High Yield Income Fund Downloads

Prime Income Fund

Invests in Bahamian Government bonds, corporate bonds, preference shares and other fixed income securities.

Secure Balanced Fund

Invests in a balanced portfolio of Bahamian fixed income securities and Bahamian equities with a target allocation of 60% fixed income, 4...

Targeted Equity Fund

Invests in Bahamian equity, preference shares and private placements.The Fund is a sub fund of the Bahamas Opportunities umbrella fund.

International Equities Sub Fund

Invests in global equity-focused funds and Exchange Traded Funds (ETFs).The RF International Equities Sub Fund is an open-ended mutual fu...

Alternative Strategies Fund

Invests in the RF International Hedge Strategies Fund, a USD fund that maintains exposure to a portfolio of established institutional Lon...

Prime Income PLUS Fund

Invests in Bahamian Government bonds, corporate bonds, preference shares and other fixed income securities.

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