InvestSMART

Life Settlements Wholesale - Managed Fund (Closed)

Fund Objective
The Responsible Entity aims to generate attractive risk adjusted returns over time by investing in the Offshore Fund, which will actively manage a large and diversified portfolio of Life Policies through Life Settlement transactions.
Fund Strategy
The Offshore Fund's investment strategy is research driven. Individual Life Policies are analysed and assessed based on various factors including the credit rating of the issuing insurance company, life expectancy and medical impairments of the insured, the expected future premiums and the expected return to be generated by the Life Policy.

Fund Performance Comparison

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Fees Comparison

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NOTE: Fee data has been provided by Morningstar, it may not include all costs being charged on your investment such as platform and adviser fees. You should check your fund manager or adviser statements to find out the exact fees you are being charged. Peers are funds that use the same benchmark in the Morningstar database.
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Fund performance

  1M 3M 6M 1Y p.a. 2Y p.a. 3Y p.a. 5Y p.a. 10Y p.a.
Total return -21.22% -19.72% -19.29% -19.22% -15.71% -8.61% -12.79% -4.03%
Growth return -21.22% -19.72% -19.29% -19.22% -15.71% -8.61% -12.79% -4.03%
Income return 0% 0% 0% 0% 0% 0% 0% 0%
Market index (RBA Bank accepted Bills 90 Days)
Total return 0.3% 0.92% 1.82% 3.76% 4.06% 4.09% 2.88% 2.13%
As at 30 Jun 2022. Returns for periods greater than 1 year are annualised. All figures are percentages.

Asset Allocation

Life Settlements Wholesale
Alternatives
100%
Australian Equities
0%
International Equities
0%
Cash
0%
Property & Infrastructure
0%
Fixed Interest
0%
Average Allocation of Peers
Alternatives
18.53%
Australian Equities
4.68%
International Equities
3.26%
Cash
55.78%
Property & Infrastructure
1.98%
Fixed Interest
15.78%

General Information

Fund Details
Type Description
Life Settlements Wholesale
Closed
LFS0001AU
Miscellaneous
Not Rated
Investment Fund
1 Oct 2004
$9.03 million (as at 31 Jul 2022)
$0.6051 (as at 31 Aug 2022)
$0.6051 (as at 31 Aug 2022)
Finalised
Offer information
Type Description
MER 0% (as at 11 Aug 2021)
Indirect Cost Ratio (ICR) 1.95% (as at 30 Jun 2021)
Performance fee (not included in ICR) 0
Minimum initial investment $30,000
Minimum additional investments $5,000.00
Minimum redemption amount
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FAQs about the Life Settlements Wholesale

The objective of the Life Settlements Wholesale managed fund is The Responsible Entity aims to generate attractive risk adjusted returns over time by investing in the Offshore Fund, which will actively manage a large and diversified portfolio of Life Policies through Life Settlement transactions.

The strategy of the Life Settlements Wholesale managed fund is The Offshore Fund's investment strategy is research driven. Individual Life Policies are analysed and assessed based on various factors including the credit rating of the issuing insurance company, life expectancy and medical impairments of the insured, the expected future premiums and the expected return to be generated by the Life Policy.

The APIR code of the Life Settlements Wholesale managed fund is LFS0001AU.

Life Settlements Wholesale’s total return last month was -21.22%. This was made up of a growth return of -21.22% and an income return of 0%. These returns were calculated as at 30 Jun 2022.

Life Settlements Wholesale’s total return for the last three months was -19.72%. This was made up of a growth return of -19.72% and an income return of 0%%. These returns were calculated as at 30 Jun 2022.

Life Settlements Wholesale’s one-year total return is -19.22%. This was made up of a growth return of -19.22% and an income return of 0%. These returns were calculated as at 30 Jun 2022.

Life Settlements Wholesale’s one-year total return is -8.61%. This was made up of a growth return of -8.61% and an income return of 0%. These returns were calculated as at 30 Jun 2022.

The asset allocation of the Life Settlements Wholesale managed fund is :

Alternatives
100%
Australian Equities
0%
International Equities
0%
Cash
0%
Property & Infrastructure
0%
Fixed Interest
0%

The Life Settlements Wholesale managed fund belongs to the Miscellaneous sector/asset class.

As at 31 Jul 2022, the size of the Life Settlements Wholesale managed fund was $9.03 million.

The Life Settlements Wholesale managed fund has an inception date of 1 Oct 2004.

The current entry price of the Life Settlements Wholesale managed fund is $0.6051 per unit and the current exit price is $0.6051 per unit (as at 31 Aug 2022).

The current exit price of the Life Settlements Wholesale managed fund is $0.6051 per unit and the current entry price is $0.6051 per unit (as at 31 Aug 2022).

The minimum initial investment amount for the Life Settlements Wholesale managed fund is $30,000. Minimum additional investment is $5000.

Fund data sourced from Morningstar. Some material is copyright and published under licence from ASX Operations Pty Limited ACN 004 523 782 ("ASXO"). Data and content is provided for personal use only. Whilst every care has been taken in producing these numbers, neither Morningstar nor InvestSMART can make any guarantees around the complete accuracy of these figures. Should you decide to change investments, please read all relevant disclosure documents including the Product Disclosure Statements and if required, you may consider speaking to a financial professional for further guidance. A tax event may be realised as a result of switching investments. Past performance is not a reliable indicator of future performance.