The Preferred Income Fund is a mix of regional and international fixed income securities and preferred shares. The diversity of the holdings ensures security, while the regional and global opportunities give it the potential for higher returns.
Investment Objective
The Fund seeks to achieve a high level of current income and preservation of capital through investments in a diversified portfolio of bonds, debt securities, asset backed securities, high-income funds and selected equities.
The Sagicor Preferred Income Fund is suited to investors who are seeking a total return by investing for a high level of current income. It’s also geared to those who are seeking to invest for the medium to long-term, and want to diversify their portfolio.
Geographical Allocation
[wp_charts title=”Geographical Location” type=”pie” align=”aligncenter” width=”90%” height=”auto” margin=”5px 20px” data=”39,60,1″ colors=”#7895aC, #ffe503, #7cc242″]
- International = 39%
- Local = 60%
- Regional = 1%
Asset Allocation
[wp_charts title=”Asset Location” type=”pie” align=”aligncenter” width=”90%” height=”auto” margin=”5px 20px” data=”2.0,75.3,0,0,6.5,16.3″ colors=”#7895aC, #ffe503, #7cc242, #545454, #8fc6f7, #f6447b”]
- Equities = 2.0%
- Bonds = 75.3%
- Mortgages = 0%
- Real Estate = 0%
- Deposits = 6.5%
- Cash = 16.3%
* Information for these charts are as at November 7, 2014
Annual Track Record
| Year | Return % | Net Asset Value (NAV) BDS$ |
|---|---|---|
| 2005 | 7.9 | 1.08 |
| 2006 | 5.6 | 1.14 |
| 2007 | 4.5 | 1.19 |
| 2008 | 0.1 | 1.20 |
| 2009 | 13.6 | 1.31 |
| 2010 | 5.1 | 1.14 |
| 2011 | 3.4 | 1.10 |
| 2012 | 1.7 | 1.08 |
| 2013 | 1.4 | 106 |
Top 5 Investment Holdings
Government of Barbados 2019 Bond
Government of Barbados 2024 Bond
Government of Barbados 2017 Bond
Government of Barbados 2022 Bond
Government of Trinidad & Tobago 2026 Bond