General Information

Life Settlements Wholesale
Life Settlements Funds Limited
Not Rated
Investment Fund
1 Oct 2004
$20.37 million (as at 30 Jun 2017)
$1.2359 (as at 31 Jul 2017)
$1.2297 (as at 31 Jul 2017)

Fund performance (30 Jun 2017)

NOTE : returns for periods greater than 1 year are annualised
  1 Month % 3 Month % 6 Month % 1 Year % p.a. 2 Year % p.a. 3 Year % p.a. 5 Year % p.a. 10 Year % p.a.
Total return -3.48 -0.63 -4.02 -3.01 -0.56 6.18 5.6 3.69
Growth return -3.48 -0.63 -4.02 -3.01 -0.56 6.18 5.6 1.59
Income return 0 0 0 0 0 0 0 2.1

Market index (RBA Bank accepted Bills 90 Days)

Total return 0.14 0.43 0.86 1.75 1.97 2.13 2.42 3.72

Asset Allocation (30 Jun 2017)

Australian Equities 0%
International Equities 0%
Cash 0%
Property 0%
Fixed Interest 0%
Alternatives 100%
Asset Allocation

Objectives and Strategy

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 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.

Offer information

Indirect Cost Ratio (ICR) 1.30% (as at 30 Jun 2016)
Minimum initial investment $30,000
Minimum additional investments $5,000.00

© 2017 Morningstar. All rights reserved. Neither any Morningstar company nor any of their content providers guarantee the data or content contained herein to be accurate, complete or timely nor will they have any liability for its use or distribution. Any general advice has been prepared by Morningstar Australasia Pty Ltd (ABN: 95 090 665 544, AFSL: 240892) and/or Morningstar Research Limited, subsidiaries of Morningstar, Inc, without reference to your objectives, financial situation or needs. You should consider the advice in light of these matters and, if applicable, the relevant Product Disclosure Statement (in respect of Australian products) or Investment Statement (in respect of New Zealand products) before making any decision to invest. No Morningstar-affiliated company or any of their employees is providing you with personalised financial advice. To obtain advice tailored to your particular circumstances, please contact a professional financial adviser. 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. DISCLOSURE: InvestSMART Group Limited employees may have an interest in the securities and managed funds displayed via this service. Please refer to our Financial Services Guide for more information.