| LFCF | Fund Inception Date | NAV/Share | Risk Level | Q3 2025 Return |
2024 Return | 2023 Return |
|---|---|---|---|---|---|---|
| Leno Financial Conservative Fund | July 2007 | $1.9381 | Low | +1.26% | +2.81% | +3.21% |
Leno Financial Conservative Fund (the “Fund”) is a fixed income fund that aims to provide a modest level of return while maintaining liquidity and preserving capital, mainly through investments in Government Bonds, high-quality corporate securities, and term deposits. The Fund seeks to maintain a Net Asset Value that provides its Shareholders stable, low-risk returns.
The Fund invests predominantly in Bahamas Government bonds and a diversified portfolio of bank deposits, corporate bonds, and preference shares. Its emphasis is on principal protection and maintaining high credit quality. The portfolio carries a low level of risk to the Investor and provides capital preservation while generating a reasonable yield.
The Leno Financial Conservative Fund is invested in assets that present a lower level of risk. However, with this lower level of risk comes lower levels of expected return from this strategy. Its invested assets typically consist of fixed-income investments such as government registered stock and corporate bonds.
5%-7%
| Investment Manager | Analysis Period | ||||
|---|---|---|---|---|---|
| Leno Asset Management Ltd. | October 1, 2024 – September 30, 2025 | ||||
| Benchmark | |||||
| 50% Markit iBoxx USD Liquid Investment Grade Index + 50% Bloomberg Barclays U.S. Aggregate Float Adjusted Index | |||||
| Performance | Qtr-3 | YTD | 1 YR | 3 YR | Since Inception |
| Fund | +1.26% | +2.99% | +3.84% | +3.26% | +3.87% |
| Benchmark | +0.15% | +0.29% | +0.61% | +0.56% | +1.47% |
| +/- Benchmark | +1.11% | +2.70% | +3.23% | +2.70% | +2.40% |
