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MPL adds three new share classes to meet growing demand from international investors

Managing Partners News
July 10th, 2009

LONDON, 10.07.2009 - Managing Partners Limited (MPL), the boutique fund manager, has launched three new share classes in its Traded Policies Fund to meet increasing appetite from investors internationally for traded life policies, an asset class that delivers steady, predictable returns.

TLPs 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. By building diversified portfolios of them and carrying out the right actuarial analysis, fund managers can use them to deliver steady, incremental returns that are uncorrelated to other financial asset classes.

The new share classes in the Traded Policies Fund include Swedish Krona Growth, which is for retail investors; the Japanese Yen Institutional Share Class; and the Japanese Yen Growth share class for retail investors. The fund already has retail and institutional share classes denominated in US dollar, Sterling and Euro.

Jeremy Leach, Managing Director of MPL, commented: “Investors all over the world increasingly understand the benefits that TLPs offer in terms of delivering steady, predictable returns. We are proud that the Traded Policies Fund continues to build on past performance in delivering smooth and reliable levels of return irrespective of what is happening elsewhere on financial markets.”

The USD Institutional share class in MPL’s Traded Policies Fund returned 9.42% net of all charges in the 12 months to 1 June 2009 and 51.20% since its launch on 30 June 2004. The USD Growth share class, which is available to retail investors, has returned 9.23% net of all charges over the year to 1 June 2009 and 13.61% since its launch on 15 April 2008%.

The returns make the fund one of the outstanding performers over the last two years, which saw many funds deliver double-digit losses amid turbulent financial markets.

For further information on Managing Partners Limited range of funds, call 0203 397 0525 or visit (www.managing-partners.com).