For a better experience on RF Group, update your browser

Targeted Income Fund

Back

Summary

Strategy and Objective

The primary objective of the fund is to provide a steady rate of return and preservation of capital through allocation to global fixed income securities, with an emphasis on safety and shorter-term duration.

The fund maintains a defensive stance by seeking investment-grade global fixed income securities with shorter duration as well as diversified fixed income Exchange Traded Funds (ETFs) to achieve its investment objective.

*Does not allow investment by US persons. Barbadian investors must have Central Bank approval to invest in USD.


Asset Allocation

As of 30 June 2019

NAV (Feb, 2024) US$13.0026
YTD Change 0.53%
Key Fund Details
Inception October 2011
Open to Investment Yes
Size 666k
Type High Grade Global Fixed Income
Currency US$
Min Sub Size $5000
Min Add Sub $1000
Redemptions Fee monthly
Redem Charge(0-12 months) 2%
Redem Charge(12-36 months) na
NAV Frequency Monthly

Performance

Calendar Year Returns

US$ $10,000 Hypothetical Investment Over Time


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

Portfolio

Investment Exposure

Top Holdings

iShares Markit USD Corporate Bond ETF 26.00%
iShares JP Morgan Emerging Markets Bond ETF 13.00%
iShares Markit USD High Yield Capped ETF 12.00%
Unilever NV 3.13% Feb 13 4.00%
European Investment Bank 3% Apr-14 4.00%

Fees & Expense

Fees & Expense

Type Detail
Redempton Fee 2% if within first 6 months of initial investment.
Front End Sales Charge Up to 2% of subscription amount (optional)
Management and Administration 1% per annum

Literature

International Opportunities Fund

Invests in geographically diversified portfolio of equity Exchange Traded Funds (ETF), as well as a core allocation to a value manager ac...

Global Balanced Fund

Invests in International Opportunities and Targeted Income Funds.The RF Global Balanced Fund is an open-ended USD-denominated mutual fund...

Hedge Strategies Fund

Invests in a portfolio of established institutional Long-Short managers, who employ multi-strategy, fundamental, activist, and quantitati...

Not sure where to start? One of our experts can help you!

  • Make An Appointment
  • Schedule A Call
  • Give Us A Call At (246) 435 1955

Request A Free Consultation For Targeted Income Fund

Please fill the form and we will contact you soon
* Denotes Required Inputs

Other products you might be intrested in

Personal Retirement Account

Finally! A plan that is as unique as you are. Take advantage of the most flexible retirement plan in the market! Introducing the most fle... Read More
8

Mutual Funds

When your money is working hard, you don't have to. Start putting your money to work with RF Mutual Funds. View our BB$ Mutual F... Read More
8

Trusts & Estate Planning

Protect what matters A range of services to safeguard your legacy & give you peace of mind. RF Trust & Estates Planning Services ... Read More
8

Stock Brokerage

Investing made simple Get access to investments without all the guesswork If you're serious about wealth creation and management of y... Read More
8

Investment Management

It's all about the long game. Your strategic partner to help you meet your investment goals. The RF Investment Management Account (IM... Read More
8

Pension Plans

You deserve to retire on your terms. Let us help you take the guesswork out of your retirement planning. Fund Reports   Retire... Read More
8

Educational Investment Accounts

Prepare for a future of boundless possibilities. For all the places they will go, an investment plan can help to get them there. B... Read More
8

Investment Banking

Take your business further Tailored solutions to help you meet your corporate objectives As a leading advisor for Investment Banking serv... Read More
8

Personal Investment Account

Coming Soon... Read More
8

Offerings

Public Offerings Private Offerings Read More
8
  • ABV Investments Incorporated ABV  + 0.01
  • Banks Holdings Limited BHL  + 4.85
  • Barbados Dairy Industries Limited BDI  + 3.00
  • Barbados Farms Limited BFL  + 0.40
  • BICO Limited BCO  + 3.11
  • Cave Shepherd and Company Limited CSP  + 4.20
  • Emera Deposit Receipt EMABDR  + 23.88
  • Eppley Caribbean Property Fund SCC - Dev Fund CPFD  + 0.16
  • Eppley Caribbean Property Fund SCC - Value Fund CPFV  + 0.56
  • FirstCaribbean International Bank FCI  + 1.70
  • Goddard Enterprises Limited GEL  + 2.10
  • Insurance Corporation of Barbados Limited ICBL  + 1.78
  • One Caribbean Media Limited OCM  + 2.20
  • ROYAL FIDELITY PREMIUM INCOME FUND MF  + 1.70
  • ROYAL FIDELITY SELECT BALANCED FUND MF  + 6.04
  • ROYAL FIDELITY STRATEGIC GROWTH FUND MF  + 1.16
  • West India Biscuit Company Limited WIB  + 31.25