Managing Partners Limited (MPL), the boutique fund manager, is pleased to announce that its Traded Policies Fund delivered a stellar double-digit performance in 2008.

The fund’s GBP Growth share class, which is available to retail investors, returned 10.47% net of all charges in the 12 months to 1 January 2009. The GBP Institutional share class, which is also open to pension funds, delivered 10.56% net of all charges over the same period.

The returns make the fund one of the outstanding performers of 2008, which saw many funds deliver double-digit losses as their underlying asset classes plummeted for the second year in a row.

The fund invests in traded life policies (TLPs), which are US-issued whole of life policies sold before their maturity date to allow the original owners to enjoy some of the benefits during their own lifetimes. TLPs can be used to deliver steady, incremental returns that are uncorrelated to other financial asset classes.

Jeremy Leach, Managing Director of MPL commented: “Many investors are probably numb with shock after looking at the returns their portfolios delivered in 2008. It is highly likely they would be interested in an asset class that delivers steady returns year-in, year-out, no matter what is happening in the financial markets. Our Traded Policies Fund has proved its worth by delivering double-digit returns in one of the most turbulent years ever for investors. This is a claim that cannot be made by the vast majority of investment funds.”

MPL is staging a series of free masterclasses for IFAs and institutional investors on TLPs in February.

The masterclasses will be held at The Marriott in Edinburgh on 9th February; The Marriott Victoria and Albert in Manchester on 10th February; The Forest of Arden Hotel & Country Club in Birmingham on 11th February; The Hilton in Bristol on 12th February; and The Waldorf Hilton in London on 13th February. Registration is at 9.00am and with a buffet lunch at 12.30pm.

To book a free place, IFAs and institutional investors can call 0845 434 7725 or send an email to: masterclass@managing-partners.com.
 
For further information on Managing Partners Limited range of funds, call 0207- 965- 4631 or visit (www.managing-partners.com).

This entry was posted on Thursday, January 22nd, 2009 at 4:06 pm and is filed under Managing Partners News. You can follow any responses to this entry through the RSS 2.0 feed. Responses are currently closed, but you can trackback from your own site.