Investment Objective
FG Financial Preferred Income Fund is a fixed income fund that aims to provide the highest possible level of return while still maintaining liquidity and preserving capital, mainly through investments in government bonds, certificates of deposit, and mortgages. The Fund seeks to provide stable returns to unit holders in excess of average term deposit rates.
Investment Strategy
The Preferred Income Fund invests predominantly in government bonds and bank deposits but enhances its yield through investing in a diversified portfolio of mortgages and preference shares. Its emphasis is on principal protection and constant income generation.
Investment Risk and Return
The Preferred Income Fund carries a low level of risk to the investor based primarily on investment in a combination of short-term financial instruments and government guaranteed securities.
Our Preferred Income Fund is benchmarked against the Weighted Average Bahamian Dollar Term Deposit Rate.