| LFBF | Fund Inception Date | NAV/Share | Risk Level | Q4 2024 Return | 2024 Return | 2023 Return |
|---|---|---|---|---|---|---|
| Leno Financial Balanced Fund | July 2007 | $2.0655 | Medium | +0.91% | +4.71% | +4.78% |
Leno Financial Balanced Fund (the “Fund”) aims to provide moderate risk-adjusted returns over a mid to long investment time horizon. Balanced funds are generally “middle of the road” investments that seek to provide a combination of growth and conservation of capital by investing in a mix of stocks, bonds, and cash equivalent securities.
The Fund invests in a combination of Bahamian equities and fixed income securities. The Fund may also invest in term deposits, publicly traded, or privately issued preference shares, and corporate bonds.
The Leno Financial Balanced Fund is often considered to be the perfect middle ground between risk exposure and potential returns. It employs a mix of both equity-based and fixed-income based investments that give the potential for a healthy amount of returns.
5%-7%
| Investment Manager | Analysis Period | ||||
|---|---|---|---|---|---|
| Leno Asset Management Ltd. | October 1, 2024 – December 31, 2024 | ||||
| Benchmark | |||||
| 50% WEIGHTED AVERAGE DEPOSIT INTEREST RATE (Source: Central Bank Statistical Digest) + 50% BISX RETURN | |||||
| Qtr-4 | YTD | 1 YR | 3 YR | Since Inception | |
| Fund | +0.91% | +4.71% | +4.71% | +4.63% | +4.45% |
| Benchmark | +0.44% | +3.04% | +3.04% | +5.53% | +2.37% |
| +/- Benchmark | +0.47% | +1.67% | +1.67% | -0.90% | +2.08% |
